PATH (YORKSHIRE) LTD
PATH provides Positive Action Training to Black and Minority Ethnic people.
Objects
TO PROMOTE EDUCATION THROUGH THE ADVANCEMENT OF LEARNING, SKILLS AND EMPLOYMENT FOR SUCH PERSONS WHO HAVE SUFFERED, OR MAY SUFFER, DISADVANTAGE BY REASON OF THEIR COLOUR, RACE OR NATIONALITY OR BY REASON OF ANY OF THE CHARACTERISTICS AS DEFINED BY THE EQUALITY ACT 2010, OR WHERE THEIR SOCIO-ECONOMIC STATUS MAY HINDER EDUCATIONAL, LEARNING OR EMPLOYMENT OPPORTUNITIES
Financial health, per its FY2025 accounts
The accounts state that the charity closed the year with a surplus of £34,124 on gross income of £604,436, resulting in total reserves of £598,563. The trustees report that the charity has adequate resources to continue in operational existence for at least 12 months. Free reserves were reported as £370,510, which the trustees consider sufficient to cover 12 months of general running costs under specific assumptions.
What the accounts disclose
“The Management Committee has examined the charity's requirements for reserves in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should cover the following: 12 months of the charities general running costs”
“The company's investments at the balance sheet date in the share capital of companies include the following: Path Into Recruitment Ltd” — page 24
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Corporate structure
- Registered company of the charity Companies House 01939658
- Trading subsidiary: PATH INTO RECRUITMENT LTD Companies House 06297755
- Amounts owed to group undertakings: £4,745,000
Company officers (Companies House)
- ISAAC, Landrith Macloed not on trustee list
- BAILEY, Stuart on trustee list
- WYATT, Melvyn Jeffrey on trustee list
- RICHARDSON, Vernon Alexander
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Melvyn Wyattchair
- Hassan Ahmed
- Landrith Isaac PHD
- Stuart Bailey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £604k | £570k |
| 31/03/2024 | £424k | £421k |
| 31/03/2023 | £491k | £449k |
| 31/03/2022 | £359k | £361k |
| 31/03/2021 | £383k | £373k |
Common questions
Is PATH (YORKSHIRE) LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity closed the year with a surplus of £34,124 on gross income of £604,436, resulting in total reserves of £598,563. The trustees report that the charity has adequate resources to continue in operational existence for at least 12 months. Free reserves were reported as £370,510, which the trustees consider sufficient to cover 12 months of general running costs under specific assumptions. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 01/12/2014 | £302k | Second Chance |
| The National Lottery Community Fund | 09/03/2011 | £245k | PATH Outreach Work Retention Support (POWRS) |