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HEALTHWORKS NEWCASTLE

Registered charity 1040370 · accounts filings on the Charity Commission register · also known as WEST END HEALTH RESOURCE CENTRE

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Latest income
£2.4m
Latest spending
£2.4m
Registered
1994
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held unrestricted reserves of £1,561,291 at the end of the reporting period, a decrease from the previous year due to a £526,302 loss on the revaluation of leasehold premises. Despite this, the charity achieved an operating surplus and held free reserves of £835,392, which exceeded its stated policy target of holding liquid assets equal to three times the monthly payroll cost. The trustees and auditors confirmed that the charity has adequate resources to continue as a going concern for at least 12 months.

What the accounts disclose

Reserves policy: three times the cost of the monthly payroll (held: £1.6m)
“Our reserves policy is to hold liquid (i.e. immediate access cash) net current assets equal to at least three times the cost of the monthly payroll.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Services sold to Northumberland Wildlife Trust, where Trustee P A Cresswell is also a Trustee.
“Healthworks sold services to Northumberland Wildlife Trust (#221819) during the year. Patricia Cresswell is both a Trustee of that entity and a Trustee of Healthworks. The value of the services sold was £106 (2022/23: nil).” — page 30
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Stephenson Coates Audit Limited. Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.4m
Total spending
£2.4m
Cost of raising funds
£67k
Reserves (reported)
£900k
Employees
81

Reported reserves equal ~4.5 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Durham · Gateshead · Hartlepool · Newcastle Upon Tyne City · North Tyneside · Northumberland · South Tyneside · Sunderland

Income and spending

Financial year endIncomeSpending
31/03/2025£2.4m£2.4m
31/03/2024£2.5m£2.5m
31/03/2023£2.1m£2.1m
31/03/2022£1.7m£1.7m
31/03/2021£1.6m£1.5m

Common questions

Is HEALTHWORKS NEWCASTLE financially healthy?

The accounts state that the charity held unrestricted reserves of £1,561,291 at the end of the reporting period, a decrease from the previous year due to a £526,302 loss on the revaluation of leasehold premises. Despite this, the charity achieved an operating surplus and held free reserves of £835,392, which exceeded its stated policy target of holding liquid assets equal to three times the monthly payroll cost. The trustees and auditors confirmed that the charity has adequate resources to continue as a going concern for at least 12 months. Its FY2024 accounts were audited by Stephenson Coates Audit Limited.