ANNIE FRANCES STYRING MEMORIAL FOUNDATION
Highly valued local community park and is used for informal recreational activities.
Financial health, per its FY2025 accounts
The accounts state that the charity holds total funds of £449,760, all of which are tied up in fixed assets and investments, leaving no free unrestricted reserves. The trustees' report indicates that annual revenue expenditure generally exceeds income, with any variance being borne by the sole trustee, Sheffield City Council, rather than carried forward. Consequently, the charity relies on the Council for funding its day-to-day management and operations.
What the accounts disclose
“As the charity is managed and funded by the Council, no specific unrestricted charity reserves are deemed to be necessary.” — page 5
“The amount of funding provided by Sheffield City Council during the year is £8,718 (23/24: £9,269). At the year end £1,225 was owed by Sheffield City Council (23/24: £873)” — page 20
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £26k | £22k |
| 31/03/2024 | £25k | £21k |
| 31/03/2023 | £20k | £22k |
| 31/03/2022 | £17k | £21k |
| 31/03/2021 | £12k | £19k |
Common questions
Is ANNIE FRANCES STYRING MEMORIAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds total funds of £449,760, all of which are tied up in fixed assets and investments, leaving no free unrestricted reserves. The trustees' report indicates that annual revenue expenditure generally exceeds income, with any variance being borne by the sole trustee, Sheffield City Council, rather than carried forward. Consequently, the charity relies on the Council for funding its day-to-day management and operations. Its FY2025 accounts were independently examined.