LANCASHIRE FIRST CIO
Working with of individuals with learning disabilities, their families and carers by the provision of appropriate workshops, events and activities. This includes operation of a shop which as well as providing funds also is there to give work opportunities and experience to our beneficiaries
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £202,922 against a stated policy target of holding three months of expenditure. The charity reported a net increase in funds of £45,437 for the year, primarily driven by shop sales and grants, with no material uncertainties affecting its ability to continue as a going concern.
What the accounts disclose
“The charity aims to hold 3 months expenditure in unrestricted funds.” — page 3
Trustees
- MOAZZAM ALI
- MOHAMMAD IFTAKHAR
- MOHAMMED ISMAIL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £154k | £109k |
| 31/12/2023 | £122k | £90k |
| 31/12/2022 | £145k | £105k |
Common questions
Is LANCASHIRE FIRST CIO financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £202,922 against a stated policy target of holding three months of expenditure. The charity reported a net increase in funds of £45,437 for the year, primarily driven by shop sales and grants, with no material uncertainties affecting its ability to continue as a going concern. Its FY2024 accounts were independently examined.