The Places Foundation
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £195,000 for the year, with total incoming resources of £996,000 against total expenditure of £801,000. The trustees report that unrestricted reserves increased to £2,540,000, which is above the prior year's expenditure, satisfying their stated reserves policy. The auditor confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“the Board has adopted a policy to use its unrestricted reserves in pursuit of its charitable objectives but not to reduce those reserves below the level of the prior year’s expenditure from unrestricted funds.” — page 6
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ANDREW WINSTANLEY
- Angela Olasubomi Daniel
- John Matthew Greaves
- Michael Reed
- Richard John Cartwright
- Victoria Bonner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £996k | £801k |
| 31/03/2024 | £1.1m | £860k |
| 31/03/2023 | £1.2m | £1.3m |
| 31/03/2022 | £1.1m | £544k |
| 31/03/2021 | £767k | £369k |
Common questions
Is The Places Foundation financially healthy?
The accounts state that the charity reported a net surplus of £195,000 for the year, with total incoming resources of £996,000 against total expenditure of £801,000. The trustees report that unrestricted reserves increased to £2,540,000, which is above the prior year's expenditure, satisfying their stated reserves policy. The auditor confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by MHA.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NEIGHBOURLY FOUNDATION | 1 | £1.6m |
| ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY | 1 | £5k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £4k |