SPACE
We provide support to children with additional needs and their families through the provision of accessible play and recreation activities, and sharing advice and information
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £122,394, which is above the stated policy target of three months' core operating costs. The charity reported a net income surplus of £44,405 for the year, driven by significant grant income, and confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The Charity's main source of funds during the period was grant income of £251,040 (2023: £171,093).” — page 6
“The Charity will aim to hold unrestricted general reserves set at a level equivalent to 3 months core operating costs as a desired level of reserve.” — page 6
Trustees
- Alan Jones
- Helen Rainbird
- Jonathan Haigh
- Kate Francis
- LOUISE SMITH
- Siobhan Williams
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £256k | £356k |
| 31/12/2024 | £354k | £309k |
| 31/12/2023 | £259k | £264k |
| 31/12/2022 | £199k | £225k |
| 31/12/2021 | £175k | £140k |
Common questions
Is SPACE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £122,394, which is above the stated policy target of three months' core operating costs. The charity reported a net income surplus of £44,405 for the year, driven by significant grant income, and confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 10/02/2025 | £20k | Millionaire Street 2024 04w4 Year 2 |
| Postcode Lottery | 31/05/2024 | £70k | Millionaire Street 2024 04w4 Year 1 |
| The National Lottery Community Fund | 08/09/2023 | £10k | SPACE - Play Worker |
| The National Lottery Community Fund | 12/12/2022 | £174k | Develop and Grow |
| The National Lottery Community Fund | 25/03/2021 | £10k | SPACE - Play Worker |
| The National Lottery Community Fund | 18/07/2019 | £10k | SPACE Multi Sensory Play Centre |