THE LITTLE WAY ASSOCIATION
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £10,852,727, with unrestricted reserves standing at £10,565,759. The trustees report that the charity's activities are dependent on uncertain funding streams, yet they maintain that the going concern basis is appropriate. The charity holds significant liquid assets, including over £6.4 million in current asset investments.
What the accounts disclose
“The charity aims to achieve a level of reserves to approximately a minimum of twelve months of average expenditure.”
“The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams.” — page 21
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (15/03/2020)
Trustees
- David Joseph O'Brien
- Dennis James Charlick
- PETER JOHN BEYNON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £4.4m | £3.6m |
| 31/08/2024 | £3.7m | £3.3m |
| 31/08/2023 | £3.3m | £3.3m |
| 31/08/2022 | £2.2m | £3.6m |
| 31/08/2021 | £3.3m | £3.4m |
Common questions
Is THE LITTLE WAY ASSOCIATION financially healthy?
The accounts state that total funds increased to £10,852,727, with unrestricted reserves standing at £10,565,759. The trustees report that the charity's activities are dependent on uncertain funding streams, yet they maintain that the going concern basis is appropriate. The charity holds significant liquid assets, including over £6.4 million in current asset investments. Its FY2025 accounts were audited by MG Audit Services Limited.
Who funds THE LITTLE WAY ASSOCIATION?
Funders whose own accounts filings name THE LITTLE WAY ASSOCIATION as a grant recipient include SISTERS OF CHRISTIAN EDUCATION CIO, THE HOMESTEAD CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| SISTERS OF CHRISTIAN EDUCATION CIO | FY2024 | £5k |
| SISTERS OF CHRISTIAN EDUCATION CIO | FY2023 | £5k |
| THE HOMESTEAD CHARITABLE TRUST | FY2023 | £1k |