ACTIVE LANCASHIRE LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £92,001 for the year ended 31 March 2024, resulting in total reserves of £1,418,005. The trustees' report notes that unrestricted reserves of £537,488 exceed the stated policy target of £350,000, which is calculated as three months' staff costs and other statutory obligations. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The current policy is to hold sufficient unrestricted reserves to cover its statutory obligations in the event that it is wound up, being three months' staff costs, redundancy and the obligations associated with its office lease. The amount required as at 31 March 2024 was estimated to be £350,000 and this was met.”
“During the year, the charitable company received funding of £16,000 (2023: £30,800) from Lancashire County Council, and paid £329 (2023: £nil) to Lancashire County Council for the use of conference facilities and other services.” — page 26
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alexander Downard
- Bryan Jones
- Dannielle Roberts
- Donna Rawding
- Dr Amanda Thornton
- Georgina Elisabeth Roby
- Joanna Sue Robinson
- Michael Brian Cookson OBE
- Nigel Russell Murray
- Zaynab Jogi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.7m | £3.2m |
| 31/03/2024 | £6.1m | £6.2m |
| 31/03/2023 | £6.9m | £6.5m |
| 31/03/2022 | £5.2m | £5.0m |
| 31/03/2021 | £3.1m | £3.2m |
Common questions
Is ACTIVE LANCASHIRE LIMITED financially healthy?
The accounts state that the charity reported a net expenditure of £92,001 for the year ended 31 March 2024, resulting in total reserves of £1,418,005. The trustees' report notes that unrestricted reserves of £537,488 exceed the stated policy target of £350,000, which is calculated as three months' staff costs and other statutory obligations. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by MHA.