Prosper Wakefield District Ltd
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £225,738 for the year ended 31 December 2024, driven by significant investment gains of £250,618 which offset a deficit on charitable activities. Total funds carried forward stood at £11,421,141, with unrestricted funds of £11,359,570 providing a substantial financial buffer. The trustees confirmed adequate resources for the foreseeable future, noting that the charity met the going concern basis of accounting.
What the accounts disclose
“The trustees have agreed and approved that the designated reserves equivalent to 3 months full running costs and redundancy liabilities will be set aside in an interest bearing account (Flagstone). Currently salary and running costs are £19,250 per month. For 3 months = £57,750 (3 x £19,250). As at 30.06.2025 the redundancy liability is £6,471. The total designated reserves are £64,221 (£57,750 + £6,471 = £64,221).” — page 10
“Simon Topham is a trustee of Nova and CEO of Citizens Advice Wakefield District. Mike Holt is a trustee of St. Georges Lupset. Trustees declare conflicts of interest at the start of meetings and do not take part in meeting where items are discussed relating to COI. Trustees with COI do not take part in grants panels discussing awards to organisations they have relationships with.” — page 25
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Abigail Sarah Cook
- Catherine Longley
- Cynthia Clare Bernard
- Jody John Harold Poole
- Kerry Anne Dwyer
- Michael Holt
- Simon Topham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £727k | £752k |
| 31/12/2023 | £723k | £659k |
| 31/12/2022 | £143k | £759k |
| 31/12/2021 | £675k | £686k |
| 31/07/2020 | £806k | £587k |
Common questions
Is Prosper Wakefield District Ltd financially healthy?
The accounts state that the charity reported a net income of £225,738 for the year ended 31 December 2024, driven by significant investment gains of £250,618 which offset a deficit on charitable activities. Total funds carried forward stood at £11,421,141, with unrestricted funds of £11,359,570 providing a substantial financial buffer. The trustees confirmed adequate resources for the foreseeable future, noting that the charity met the going concern basis of accounting. Its FY2024 accounts were audited by Slade and Cooper Chartered Certified Accountants.
Who funds Prosper Wakefield District Ltd?
Funders whose own accounts filings name Prosper Wakefield District Ltd as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST CATHERINE'S, WAKEFIELD, COMMUNITY FOUNDATION FOR WAKEFIELD.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST CATHERINE'S, WAKEFIELD | FY2023 | £5k |
| COMMUNITY FOUNDATION FOR WAKEFIELD | FY2025 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NUCHEM AND REISEL SCHLAFF MEMORIAL FUND LIMITED | 1 | £286k |
| THE SIMON & ELIZABETH BATEY CHARITABLE TRUST | 1 | £22k |
| THE WO STREET CHARITABLE FOUNDATION | 1 | £20k |
| Boodles Charitable Trust | 1 | £10k |
| THE SWALLOW TRUST | 1 | £10k |