LINK-ABILITY
Financial health, per its FY2023 accounts
The accounts state that unrestricted income increased to £6,160,577, resulting in a surplus on general funds of £525,629 for the year ended 31 March 2023. Per the trustees' report, unrestricted funds held represent approximately 1.4 months' worth of charitable expenditure, which is below the implied target of maintaining sufficient reserves to bridge gaps in funding or loss of contracts. The charity maintains a cash balance of £1,291,867 and has no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The general reserves held on 31 March 2022 represent approximately 1.4 months' worth of charitable expenditure based on current activity levels.”
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- St Mary's Gate Euxton: Good
- Link-Ability: Good
- Spire (Preston) Ltd: Good
- Link-Ability Office Rochdale/Heywood: Good
- Link-Ability (West Lancs): Good
Trustees
- PHILIP ENTWISTLEchair
- Alison Tupling
- Christine Chu
- Claire Margerison
- Kathryn Fiona Pattinson
- Peter Sullivan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £7.4m | £7.3m |
| 31/03/2024 | £6.4m | £6.4m |
| 31/03/2023 | £6.2m | £5.7m |
| 31/03/2022 | £4.5m | £4.5m |
| 31/03/2021 | £4.0m | £4.0m |
Common questions
Is LINK-ABILITY financially healthy?
The accounts state that unrestricted income increased to £6,160,577, resulting in a surplus on general funds of £525,629 for the year ended 31 March 2023. Per the trustees' report, unrestricted funds held represent approximately 1.4 months' worth of charitable expenditure, which is below the implied target of maintaining sufficient reserves to bridge gaps in funding or loss of contracts. The charity maintains a cash balance of £1,291,867 and has no material uncertainties regarding its ability to continue as a going concern. Its FY2023 accounts were audited by Smith & Goulding Limited.