NOW! CHARITY GROUP LTD
Now! is a community-led charity. Our flagship household services reduce waste and carbon footprint via reusing and recycling hundreds of tonnes of household items. Whilst our social inclusion activities maximise our social impact through multiple 'Projects for Good'. These are local support initiatives which are driven to achieve transformation for people at risk of exclusion.
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a deficit of £165,184 for the year ended 31 December 2024, driven by a 22% reduction in trading income and a lack of grant income. Despite this, unrestricted reserves remain at £182,395, although the independent examiner has identified a material uncertainty regarding financial sustainability due to post-year-end cashflow challenges.
What the accounts disclose
“Shop sales and training revenues Charitable Activities 520,893”
“The Trustees determined that the Charity should maintain a minimum unrestricted reserve total equal to 3 months of operating expenditure.” — page 5
“The charity continues to take steps to boost income and reduce expenditure and is successfully managing cashflow, with liquid reserves remaining positive.”
Corporate structure
- Registered company of the charity Companies House 03077894
Company officers (Companies House)
- TOLHURST, Andrew Martin on trustee list
- GRANT, Matthew on trustee list
- CARTER, David Michael on trustee list
- CUTRESS, Caroline Charlotte on trustee list
- WHINES, Neil Andrew on trustee list
- SIMS, Gordon Victor on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Gordon Simschair
- Andrew Martin Tolhurst
- Caroline Cutress
- David Carter
- Matthew Grant
- Neil Andrew Whines
- Sarah Hinks
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £558k | £723k |
| 31/12/2023 | £713k | £762k |
| 31/12/2022 | £745k | £755k |
| 31/12/2021 | £625k | £566k |
| 31/12/2020 | £733k | £520k |
Common questions
Is NOW! CHARITY GROUP LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a deficit of £165,184 for the year ended 31 December 2024, driven by a 22% reduction in trading income and a lack of grant income. Despite this, unrestricted reserves remain at £182,395, although the independent examiner has identified a material uncertainty regarding financial sustainability due to post-year-end cashflow challenges. Its FY2024 accounts were independently examined.
Who funds NOW! CHARITY GROUP LTD?
Funders whose own accounts filings name NOW! CHARITY GROUP LTD as a grant recipient include THE SUSSEX COMMUNITY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE SUSSEX COMMUNITY FOUNDATION | FY2022 | £10k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 07/07/2004 | £121k | Establishment of a furniture re-use centre in Eastbourne |