WORKSOP AND RETFORD HOUSING PROJECT LIMITED

Registered charity 1045334 · accounts filings on the Charity Commission register · also known as NEW ROOTS, NEW ROOTS HOUSING PROJECT

New Roots provides supported accommodation in Bassetlaw & Newark & Sherwood to homeless and vulnerably housed young people between 16-21yrs. We work with single young people, couples and young parents. It is the aim of New Roots to support all service users in the development of independent living skills and making the transition to suitable and permanent accommodation within their own community

Causes: Accommodation/housing · website · Get email alerts

Latest income
£2.2m
Latest spending
£2.3m
Registered
1995
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves decreased to £1,662,264 from £1,658,865 in the prior year, while total net assets stood at £1,699,060. The trustees report that the balance sheet remains strong with cash reserves of £471,257, noting that surplus gains from prior years enabled property purchases. However, total income reduced from £2.6m to £2.2m due to vacant properties, and expenditure grew by £183,021 due to employment cost pressures.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Fundraising cost ratio: 1.2% of fundraised income, as disclosed
“Fundraising and publicity Consultancy fees 26,225”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Rogers Spencer. Discloses 4 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

7 registered titles in England and Wales held by the charity’s company or corporate body (5 freehold); recorded price paid £466k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Total income
£2.2m
Total spending
£2.3m
Cost of raising funds
£26k
Reserves (reported)
£1.7m
Employees
32

Reported reserves equal ~8.8 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.2% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Nottinghamshire

Income and spending

Financial year endIncomeSpending
31/03/2025£2.2m£2.3m
31/03/2024£2.7m£2.1m
31/03/2023£1.9m£1.6m
31/03/2022£1.1m£1.1m
31/03/2021£1.3m£1.1m

Common questions

Is WORKSOP AND RETFORD HOUSING PROJECT LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves decreased to £1,662,264 from £1,658,865 in the prior year, while total net assets stood at £1,699,060. The trustees report that the balance sheet remains strong with cash reserves of £471,257, noting that surplus gains from prior years enabled property purchases. However, total income reduced from £2.6m to £2.2m due to vacant properties, and expenditure grew by £183,021 due to employment cost pressures. Its FY2025 accounts were audited by Rogers Spencer.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Sport England19/01/2024£15kSporting Roots
The National Lottery Community Fund28/07/2022£10kEstablishing New Roots for Participation
The National Lottery Community Fund09/08/2018£10kTogether Roots
The National Lottery Community Fund11/05/2016£10kSkilling Up
The National Lottery Community Fund12/02/2013£199kNew Roots Works Both Ways

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with RUTLAND HOUSE COMMUNITY TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WORKSOP AND RETFORD HOUSING PROJECT LIMITED£2.2m—0unclear1.2%no doubt
RUTLAND HOUSE COMMUNITY TRUST LIMITED FY2025£1.5m—0unclear—no doubt
YOUNG ROOTS FY2024£1.4m£60,001 - £70,0001above11.4%noted
LINCOLNSHIRE EMPLOYMENT ACCOMMODATION PROJECT LIMITED FY2025£1.5m£60,001 - £70,000—below—no doubt
OPEN HOMES NOTTINGHAM FY2025£149kUnder £60,0000unclear—no doubt
BIRKENHEAD YOUNG MEN'S CHRISTIAN ASSOCIATION FY2025£2.3m——above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.