FAMILIES FIRST (NORTH EAST)
Provision of services for children, young people and their families, of those with additional needs, disabilities and autism
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net income of £58,735 for the year ended 31 March 2023, resulting in total unrestricted free reserves of £306,000. The trustees confirmed that these free reserves meet their stated policy target of holding between three and six months of unrestricted budgeted expenditure. The charity also disclosed a contingent liability of £8,382 related to a grant repayment clause.
What the accounts disclose
“a target of between 3 and 6 months unrestricted budgeted expenditure can be held” — page 12
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Lorne House: Good
Register events
- Received assets from another charity (27/01/2021)
- Received assets from another charity (25/11/2019)
Trustees
- PAMELA HARGREAVESchair
- Claire Hubbert
- Martin Scarborough
- Sian Lamplough
- Sue Harrison
- Tracy Liveras
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.8m | £1.8m |
| 31/03/2024 | £1.6m | £1.7m |
| 31/03/2023 | £1.5m | £1.5m |
| 31/03/2022 | £1.4m | £1.3m |
| 31/03/2021 | £1.3m | £1.2m |
Common questions
Is FAMILIES FIRST (NORTH EAST) financially healthy?
Per its FY2023 accounts: The accounts state that the charity reported a net income of £58,735 for the year ended 31 March 2023, resulting in total unrestricted free reserves of £306,000. The trustees confirmed that these free reserves meet their stated policy target of holding between three and six months of unrestricted budgeted expenditure. The charity also disclosed a contingent liability of £8,382 related to a grant repayment clause. Its FY2023 accounts were audited by Waltons Business Advisers.