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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

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Latest income
£2.2m
Latest spending
£2.3m
Registered
1995
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that net assets increased to £1,139,498, with unrestricted funds rising to £1,077,831. The charity reported a surplus of £286,079 for the year, driven by increased income from charitable activities. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

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

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).

Trustees

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?

The accounts state that net assets increased to £1,139,498, with unrestricted funds rising to £1,077,831. The charity reported a surplus of £286,079 for the year, driven by increased income from charitable activities. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by Rogers Spencer.