PSC SUPPORT
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £617,412 against a policy target of nine months' operating costs, which the trustees calculated as £134,162. Total income increased significantly to £405,606, while expenditure rose to £308,593, resulting in a net surplus for the year. The charity maintains a strong financial position with no funds materially in deficit and sufficient resources to continue as an ongoing concern.
What the accounts disclose
“In 2023-24 reserves contingency was nine months operating costs.” — page 9
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- TIM WATERSONchair
- Ben Richardson
- Charlene Lynnette Oke
- Charlotte Vockins
- Helen Elder
- JAMES BROWN
- Lynsey Gillanders
- Mark William Dean
- NICHOLAS KANE
- PROFESSOR DAVID HARVEY ADAMS
- RICK DALLAWAY
- Sophie Wadsworth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £558k | £529k |
| 05/04/2024 | £406k | £309k |
| 05/04/2023 | £264k | £127k |
| 05/04/2022 | £186k | £43k |
| 05/04/2021 | £119k | £51k |
Common questions
Is PSC SUPPORT financially healthy?
The accounts state that unrestricted reserves stood at £617,412 against a policy target of nine months' operating costs, which the trustees calculated as £134,162. Total income increased significantly to £405,606, while expenditure rose to £308,593, resulting in a net surplus for the year. The charity maintains a strong financial position with no funds materially in deficit and sufficient resources to continue as an ongoing concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROBERT LUFF FOUNDATION LIMITED | 3 | £70k |
| SIR SAMUEL SCOTT OF YEWS TRUST | 3 | £51k |
| PILKINGTON CHARITIES FUND | 2 | £22k |
| THE INMAN CHARITY | 2 | £14k |
| THE LIGHT FUND COMPANY | 2 | £10k |
| THE IAN FLEMING CHARITABLE TRUST | 2 | £5k |
| THE IAN ASKEW CHARITABLE TRUST | 2 | £3k |
| THE FREDDIE GREEN AND FAMILY CHARITABLE FOUNDATION | 1 | £1.9m |