PECAN
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net deficit of £97,721 for the year ended 31 March 2025, having drawn on reserves to cover the shortfall. The trustees report that unrestricted free reserves stood at £562,433, which is at the lower end of their stated policy target of four to six months' running costs (£569k - £854k). While the charity continues as a going concern, the trustees acknowledge that some key contracts ended and they are actively monitoring the extent to which existing services can be maintained from reserves.
What the accounts disclose
“Against the target we are holding £562,433 in free reserves at the year end.”
“Vacancy (1-14 April 2024)” — page 3
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Amy Jacks
- Esenam Agubretu
- Helen Palmer
- Jennifer Brown
- Jervis Rhodes
- Sally Dixon
- Sarolta Stuckey-Beeri
- Terryna D'Souza
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.3m | £2.4m |
| 31/03/2024 | £1.9m | £1.8m |
| 31/03/2023 | £1.8m | £1.8m |
| 31/03/2022 | £1.4m | £1.7m |
| 31/03/2021 | £2.2m | £1.7m |
Common questions
Is PECAN financially healthy?
The accounts state that the charity recorded a net deficit of £97,721 for the year ended 31 March 2025, having drawn on reserves to cover the shortfall. The trustees report that unrestricted free reserves stood at £562,433, which is at the lower end of their stated policy target of four to six months' running costs (£569k - £854k). While the charity continues as a going concern, the trustees acknowledge that some key contracts ended and they are actively monitoring the extent to which existing services can be maintained from reserves. Its FY2025 accounts were audited by MHA.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LORD BARNBY'S FOUNDATION | 1 | £0 |