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THE PARAORCHESTRA AND FRIENDS

Registered charity 1163725 · accounts filings on the Charity Commission register

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Latest income
£2.0m
Latest spending
£1.9m
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a surplus of £74,258, resulting in unrestricted reserves of £462,000. This figure exceeds the trustees' stated policy target of three months of core costs and committed project costs, with a specific monetary target of £450,000. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: three months core costs and committed project costs (held: £462k)
“The Trustees are committed to ensuring free reserves are available within unrestricted funds of a minimum of three months core costs and committed project costs. This is judged to be an appropriate buffer to mitigate against potential fluctuations in income generation and accurately reflect potential company wind-down costs. Our target is by the close of 2026/27 was to realise a reserve of at least £450k.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Corrigan Accountants Limited. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Paraorchestra (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.0m
Total spending
£1.9m
Reserves (reported)
£482k
Employees
18

Reported reserves equal ~3.0 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£2.0m£1.9m
31/03/2024£1.8m£1.6m
31/03/2023£1.1m£1.1m
31/03/2022£927k£872k
31/03/2021£588k£516k

Common questions

Is THE PARAORCHESTRA AND FRIENDS financially healthy?

The accounts state that the charity achieved a surplus of £74,258, resulting in unrestricted reserves of £462,000. This figure exceeds the trustees' stated policy target of three months of core costs and committed project costs, with a specific monetary target of £450,000. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Corrigan Accountants Limited.