TEESSIDE AIRPORT FOUNDATION

Registered charity 1198886 · accounts filings on the Charity Commission register

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

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Latest income
£53k
Latest spending
£16k
Registered
2022
Accounts read
FY2025

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.

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

What the accounts disclose

Reserves policy: approximately 6 months of expenditure (held: £4k)
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
Per its FY2025 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Darlington · Hartlepool · Middlesbrough · Redcar And Cleveland · Stockton-on-tees

Income and spending

Financial year endIncomeSpending
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.