SPARC TRUST
Aims and objectives: To provide, maintain and develop opportunities and facilities for children, young people and families resident in North Solihull and its surrounding areas, through the provision of play, youth and community work
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £24,962 for the year ended 31 March 2025, with total income of £378,345 against total expenditure of £353,383. The trustees report that unrestricted reserves of £260,290 represent approximately nine months of expenditure, which they consider appropriate against their policy target of six to twelve months.
What the accounts disclose
“Charitable activities 3 21,274 345,540 366,814 327,165” — page 10
“The charity's reserves policy is to hold a minimum level of free reserves equivalent to between six and twelve months expenditure” — page 5
Trustees
- Alison Woodchair
- David Anthony Wood
- Helen O'Connor
- JOHN LOUIS FREEMAN
- Mark Wilson
- Mccallmont Clarke
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £378k | £353k |
| 31/03/2024 | £346k | £350k |
| 03/04/2023 | £316k | £353k |
| 03/04/2022 | £395k | £280k |
| 03/04/2021 | £246k | £145k |
Common questions
Is SPARC TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £24,962 for the year ended 31 March 2025, with total income of £378,345 against total expenditure of £353,383. The trustees report that unrestricted reserves of £260,290 represent approximately nine months of expenditure, which they consider appropriate against their policy target of six to twelve months. Its FY2025 accounts were independently examined.
Who funds SPARC TRUST?
Funders whose own accounts filings name SPARC TRUST as a grant recipient include SIR ROBERT GEFFERY'S ALMSHOUSE TRUST, THE EDWARD CADBURY CHARITABLE TRUST, THE SAINTBURY TRUST, THE WOODWARD CHARITABLE TRUST, THE COLE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | FY2022 | £5k | Relief in Need |
| THE EDWARD CADBURY CHARITABLE TRUST | FY2024 | £3k | Education and Training |
| THE SAINTBURY TRUST | FY2024 | £2k | Relief of those in Need by reason of Youth, Age, Ill-Health, Disability, Financial Hardship or other Disadvantage |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | FY2023 | £2k | Grant funding of activities |
| THE WOODWARD CHARITABLE TRUST | FY2022 | £2k | |
| THE COLE CHARITABLE TRUST | FY2024 | £1k | Children and Youth |
| GOWLING WLG (UK) CHARITABLE TRUST | FY2025 | £1k | |
| THE COLE CHARITABLE TRUST | FY2022 | £1k | Children and Youth |
| GOWLING WLG (UK) CHARITABLE TRUST | FY2024 | £500 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/03/2022 | £375k | Meriden Adventure Play |
| Sport England | 03/02/2020 | £10k | Physical Literacy and play |
| The National Lottery Community Fund | 08/03/2019 | £10k | Community Build |