SANDTOFT TRANSPORT CENTRE LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net increase in funds of £877,962 for the year, driven largely by a legacy of approximately £950,000. Free reserves stood at £559,965, which the trustees consider sufficient to meet operational needs and future planned works. The auditor confirmed that the charity is a going concern with no material uncertainties identified.
What the accounts disclose
“The Trustees consider that the charity should aim to maintain free reserves of at least £30,000 for day-to-day operations” — page 5
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- Anthony Walsh
- Charles Edward Allen
- DAVID GEORGE CHICK
- Helen Elizabeth Cross
- IAN HENRY WILSON
- James Thomas Raymond Race
- John Francis
- Stanley Collins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £1.2m | £346k |
| 31/01/2024 | £393k | £186k |
| 31/01/2023 | £194k | £161k |
| 31/01/2022 | £203k | £202k |
| 31/01/2021 | £133k | £153k |
Common questions
Is SANDTOFT TRANSPORT CENTRE LIMITED financially healthy?
The accounts state that the charity reported a net increase in funds of £877,962 for the year, driven largely by a legacy of approximately £950,000. Free reserves stood at £559,965, which the trustees consider sufficient to meet operational needs and future planned works. The auditor confirmed that the charity is a going concern with no material uncertainties identified. Its FY2025 accounts were audited by Barlow Andrews LLP.