PRESTWICH METHODIST YOUTH ASSOCIATION
Youth and community provision within the Pretwich area
Financial health, per its FY2025 accounts
The accounts state a net profit of £17,419.18 for the year ended 31/03/2025, with total income of £135,445.51 and total expenses of £135,445.51. However, the trustees explicitly note an unexplained difference of £1,248.85 between the assets and liabilities/equity sides of the balance sheet, attributing it to questionable brought-forward balances.
What the accounts disclose
“The difference of £1,248.85 between the assets side and the liabilities & equity side in the balance sheet could not be explained most probably because of the balances brought forward from the previous years being inquestioned.” — page 6
“The difference of £1,248.85 between the assets side and the liabilities & equity side in the balance sheet could not be explained most probably because of the balances brought forward from the previous years being inquestioned.” — page 6
Trustees
- KATHLEEN ANDERSONchair
- EAMONN O'BRIEN
- GILLIAN THOMPSON
- John Hamson
- MARGARET FRANCES WOODMAN
- Matthew Mayowa
- Sean Thorpe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £153k | £135k |
| 31/03/2024 | £128k | £132k |
| 31/03/2023 | £117k | £120k |
| 31/03/2022 | £96k | £126k |
| 31/03/2021 | £95k | £117k |
Common questions
Is PRESTWICH METHODIST YOUTH ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state a net profit of £17,419.18 for the year ended 31/03/2025, with total income of £135,445.51 and total expenses of £135,445.51. However, the trustees explicitly note an unexplained difference of £1,248.85 between the assets and liabilities/equity sides of the balance sheet, attributing it to questionable brought-forward balances.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 28/08/2008 | £10k | Supporting the Young People of Prestwich |