THE PARK EDUCATION LTD
Education provision working with young people aged 16-24, mainly who have an EHCP.
Financial health, per its FY2025 accounts
The accounts state that incoming resources increased to £568,744 while expenditure rose to £576,629, resulting in a net deficit of £7,885. Free/unrestricted reserves decreased from £12,062 to £4,177, which the trustees describe as a level consistent with established good business practice and prudent risk management. The trustees confirm adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Park Education Trustees have determined a reserves policy to maintain reserves at a level consistent with established good business practice and that is prudent. Free reserves at 31st March 2025 were £4,177 (2024: £12,062).” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Avril Baker
- David Freed
- Helen Holland
- Iain Neary
- Jane Britton
- Lucio Mesquita
- Neil Way
- Philip Neil Briggs
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £569k | £577k |
| 31/03/2024 | £510k | £508k |
| 31/03/2023 | £521k | £516k |
Common questions
Is THE PARK EDUCATION LTD financially healthy?
Per its FY2025 accounts: The accounts state that incoming resources increased to £568,744 while expenditure rose to £576,629, resulting in a net deficit of £7,885. Free/unrestricted reserves decreased from £12,062 to £4,177, which the trustees describe as a level consistent with established good business practice and prudent risk management. The trustees confirm adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.