TEESSIDE AIRPORT FOUNDATION
Teesside Airport Foundation is a fundraising charity which exists to support the people of Darlington, Hartlepool, Middlesbrough, Redcar and Cleveland and Stockton-on-Tees to achieve their ambitions in education and employment and to assist in the regeneration of the area
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased by £1,971 to £3,914, which is below the trustees' stated policy target of approximately six months of expenditure. However, the trustees confirm the charity has sufficient resources to fully discharge its obligations and report no material uncertainties regarding its ability to continue.
What the accounts disclose
“The charity's policy is to retain reserves, in the form of unrestricted funds, to a level where they equate to approximately 6 months of expenditure.” — page 4
Trustees
- Andrea Nicholls
- Brian Raymond Robinson
- Daniel Steven Osborne Waine
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £53k | £16k |
| 31/03/2024 | £2k | £2k |
| 31/03/2023 | £8k | £4k |
Common questions
Is TEESSIDE AIRPORT FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased by £1,971 to £3,914, which is below the trustees' stated policy target of approximately six months of expenditure. However, the trustees confirm the charity has sufficient resources to fully discharge its obligations and report no material uncertainties regarding its ability to continue. Its FY2025 accounts were independently examined.