THE PARASOL PROJECT
The charity provides inclusive play and leisure activities for children, teenagers and young adults from Oxford and surrounding areas. Disabled and non-disabled children, teenagers and young adults participate in activities together primarily during school holidays. Some activities - dance, youth group and Parasol Plus for young adults - run throughout the year.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £7,865 for the year ended March 31, 2025, resulting in a decrease in total reserves to £91,849. The trustees expressed concern regarding the charity's financial health, noting that unrestricted reserves of £18,049 were below their stated target of £100,000. Despite the deficit, the trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“a target of £100,000 of unrestricted reserves is very reasonable” — page 13
Trustees
- Anna Louise Hemphillchair
- Amanda Jane Kerr
- Anne Michaela Schuster
- Anneke Hackmann
- Deborah Hunter
- Jeremy John Bloomfield
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £430k | £437k |
| 31/03/2024 | £434k | £389k |
| 31/03/2023 | £292k | £333k |
| 31/03/2022 | £227k | £257k |
| 31/03/2021 | £0 | £0 |
Common questions
Is THE PARASOL PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £7,865 for the year ended March 31, 2025, resulting in a decrease in total reserves to £91,849. The trustees expressed concern regarding the charity's financial health, noting that unrestricted reserves of £18,049 were below their stated target of £100,000. Despite the deficit, the trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 03/08/2023 | £216k | Northway Community Hub and Volunteering Project |