PETTY POOL
- To educate and train young people with learning disabilities including vocational and basic skills and personal development, preparing them for possible work placements and employment and encouraging independent living - To Promote the personal development of young people, including those with learning disabilities, through the provision of challenging activities.
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure deficit of £63,070 for the year ended 31 July 2023, following a fall in the value of investments. Despite this deficit, the trustees confirm that the cash position remained strong and exceeded policy requirements, with total unrestricted reserves of £571,485 held against a stated policy target of £1 million.
What the accounts disclose
“The Trustees have specified a level of free reserves of £1M to provide the safeguards needed to be able to guarantee continuity of services during periods of instability, uncertainty, or change.” — page 7
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Andrew Kendall
- Craig Michael Williams
- Eleanor Jayne Lees-Jones
- Gillian Lesley Josephs
- Lachlan Nisbet
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £4.1m | £4.1m |
| 31/07/2024 | £3.6m | £3.7m |
| 31/07/2023 | £3.0m | £3.0m |
| 31/07/2022 | £2.7m | £2.7m |
| 31/07/2021 | £2.5m | £2.4m |
Common questions
Is PETTY POOL financially healthy?
Per its FY2023 accounts: The accounts state that the charity reported a net expenditure deficit of £63,070 for the year ended 31 July 2023, following a fall in the value of investments. Despite this deficit, the trustees confirm that the cash position remained strong and exceeded policy requirements, with total unrestricted reserves of £571,485 held against a stated policy target of £1 million. Its FY2023 accounts were audited by Voisey & Co LLP.