PARKHAVEN TRUST
Financial health, per its FY2025 accounts
The accounts state that Parkhaven Trust generated a net surplus of £1,533,229 for the year ended 31 March 2025, with total income of £7,657,884 against charitable expenditure of £6,124,655. The charity holds unrestricted reserves of £14,201,369, which significantly exceed its stated policy target of three months' running costs. The trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The free reserves of Parkhaven Trust should be sufficient to cover any anticipated running costs for 3 months in order to ensure continuity of service should the charity experience difficulties with income streams.” — page 6
“The key management personnel received remuneration in the year of £441,730 (2024: £288,559). The key management personnel of the Trust comprise the Chief Executive, Operations Manager, Finance Manager, Registered Manager, Human Resources Business Partner, Estates Manager, Marketing Manager and Community Services Manager.” — page 33
“The company owns the whole of the issued ordinary share capital of The Maghull Homes Limited, a company incorporated in England and Wales. The company has not traded during the year” — page 26
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Parkhaven@Home: Good
- James Page: Good
- The Beeches: Good
Trustees
- Ray Walkerchair
- Dr Julie Williams
- Emlyn Williams
- Gillian Boggan
- John McKnight
- Kate Henderson
- Katharine Curran
- Michael Vincent
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £7.7m | £6.1m |
| 31/03/2024 | £6.0m | £5.7m |
| 31/03/2023 | £5.5m | £5.3m |
| 31/03/2022 | £5.6m | £4.9m |
| 31/03/2021 | £4.8m | £4.9m |
Common questions
Is PARKHAVEN TRUST financially healthy?
The accounts state that Parkhaven Trust generated a net surplus of £1,533,229 for the year ended 31 March 2025, with total income of £7,657,884 against charitable expenditure of £6,124,655. The charity holds unrestricted reserves of £14,201,369, which significantly exceed its stated policy target of three months' running costs. The trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Mitchell Charlesworth (Audit) Limited.