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MILESTONES TRUST

Registered charity 294377 · accounts filings on the Charity Commission register · also known as ASPECTS, ASPECTS AND MILESTONES TRUST, FRENCHAY AND SOUTHMEAD CARE TRUST, FRENCHAY MENTAL HANDICAP TRUST, MILESTONES, ON THE UP

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Latest income
£41.1m
Latest spending
£37.6m
Registered
1986
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Trust achieved an operational surplus of £3,479,929 for the year ended 31 March 2025, driven by improved staff retention, reduced agency spend, and the merger with White Horse Care Trust. Per the trustees' report, the Trust holds free reserves of £8.5m, which sits within its stated target range of £7m to £12.5m, and maintains a strong balance sheet with no outstanding debt.

What the accounts disclose

Accounts audited by Forvis Mazars LLP. Discloses 3 of 6 completeness components.

Public fundraising profile: JustGiving — Milestones Trust (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£41.1m
Total spending
£37.6m
Cost of raising funds
£60k
Reserves (reported)
£8.4m
Employees
1,069

Reported reserves equal ~2.7 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Register events

Trustees

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

Operates in: Bath And North East Somerset · Bristol City · Gloucestershire · North Somerset · South Gloucestershire · Swindon · Wiltshire

Income and spending

Financial year endIncomeSpending
31/03/2025£41.1m£37.6m
31/03/2024£32.6m£31.2m
31/03/2023£29.7m£31.5m
31/03/2022£30.3m£30.8m
31/03/2021£30.2m£29.1m

Common questions

Is MILESTONES TRUST financially healthy?

The accounts state that the Trust achieved an operational surplus of £3,479,929 for the year ended 31 March 2025, driven by improved staff retention, reduced agency spend, and the merger with White Horse Care Trust. Per the trustees' report, the Trust holds free reserves of £8.5m, which sits within its stated target range of £7m to £12.5m, and maintains a strong balance sheet with no outstanding debt. Its FY2025 accounts were audited by Forvis Mazars LLP.