3.13

Registered charity 1044311 · accounts filings on the Charity Commission register · also known as TURNAROUND HOMES

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Latest income
£1.4m
Latest spending
£1.4m
Registered
1995
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net outgoing resource deficit of £6,166 for the year ended 5 April 2023, with total funds decreasing from £747,687 to £741,521. The trustees confirm that free reserves of £117,669 are significantly below their stated policy target of six months' recurring unrestricted expenditure. However, the trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 30/09/2025)

Total income
£1.4m
Total spending
£1.4m
Reserves (reported)
£603k
Employees
27

Reported reserves equal ~5.1 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Durham · Stockton-on-tees

Income and spending

Financial year endIncomeSpending
30/09/2025£1.4m£1.4m
05/04/2024£403k£547k
05/04/2023£419k£425k
05/04/2022£373k£439k
05/04/2021£334k£374k

Common questions

Is 3.13 financially healthy?

The accounts state that the charity reported a net outgoing resource deficit of £6,166 for the year ended 5 April 2023, with total funds decreasing from £747,687 to £741,521. The trustees confirm that free reserves of £117,669 are significantly below their stated policy target of six months' recurring unrestricted expenditure. However, the trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were independently examined.