THE PARK EDUCATION LTD

Registered charity 1198372 · accounts filings on the Charity Commission register

Education provision working with young people aged 16-24, mainly who have an EHCP.

Causes: Education/training · website · Get email alerts

Latest income
£569k
Latest spending
£577k
Registered
2022
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £4k; policy: consistent with established good business practice and that is prudent)
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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/03/2025)

Total income
£569k
Total spending
£577k
Reserves (reported)
£3k
Employees
16

Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bristol City

Income and spending

Financial year endIncomeSpending
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.