NEW ROOTS LIMITED
Provision of accommodation and general support for non priority adult homeless
Objects
A) PROVIDE AND FACILITATE THE PROVISION OF TEMPORARY ACCOMMODATION; SOCIAL HOUSING; SUPPORTED HOUSING AND SPECIALISED SUPPORTED HOUSING TO VULNERABLE MEMBERS OF SOCIETY.B) TO DO ANY LAWFUL ACTIVITIES CONNECTED WITH OR INCIDENTAL TO THE PROVISION AND MANAGEMENT OF HOUSING, SOCIAL HOUSING AND ACCOMMODATION.C) THE ADVANCEMENT OF EDUCATION AMONGST SUCH PERSONS BY THE PROVISION OF TRAINING COURSES AS WILL ENABLE THEM TO ACQUIRE AND DEVELOP VOCATIONAL SKILLS WHICH WILL ENHANCE THEIR EMPLOYMENT PROSPECTS.D) THE COMPANY SHALL NOT TRADE FOR PROFIT AND NOTHING SHALL BE PAID OR TRANSFERRED BY WAY OF PROFIT TO MEMBERS OF THE COMPANY
Financial health, per its FY2025 accounts
The accounts state that the charity generated a deficit of £326,297 for the year ended 28 February 2025, resulting in a decrease in unrestricted funds. Despite this deficit, the charity holds unrestricted reserves of £3,124,027, which the trustees consider sufficient to maintain a stable service and meet contractual liabilities. The trustees have confirmed that the charity has adequate resources to continue in operation for at least twelve months from the date of signing.
What the accounts disclose
“The current level of reserves is to hold a minimum of 3 months operating costs (after exceptional items) at all times.” — page 7
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 28/02/2025
- Volunteers: 2
Self-declared on the annual return for the financial year ending 28/02/2023
- Volunteers: 2
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 2 were received after the due date: year ending 28/02/2023 (received 23/04/2024, 117 days after the 28/12/2023 due date); year ending 28/02/2022 (received 16/04/2023, 109 days after the 28/12/2022 due date).
Corporate structure
- Registered company of the charity Companies House 03199738
Company officers (Companies House)
- FOLEY, Kate on trustee list
- CUNNINGHAM, Bentley on trustee list
- BENNETT, Dominic Jon on trustee list
- GOODWIN, Raymond on trustee list
Structured financials (annual return, FY ending 28/02/2022)
Trustees
- Bentley Cunningham
- Dominic Bennett
- Kate Foley
- Raymond Goodwin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £82k | £298k |
| 29/02/2024 | £71k | £253k |
| 28/02/2023 | £26k | £321k |
| 28/02/2022 | £1.9m | £2.9m |
| 31/08/2020 | £2.8m | £2.0m |
Common questions
Is NEW ROOTS LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a deficit of £326,297 for the year ended 28 February 2025, resulting in a decrease in unrestricted funds. Despite this deficit, the charity holds unrestricted reserves of £3,124,027, which the trustees consider sufficient to maintain a stable service and meet contractual liabilities. The trustees have confirmed that the charity has adequate resources to continue in operation for at least twelve months from the date of signing. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BELRON RONNIE LUBNER CHARITABLE FOUNDATION | 1 | £362k |
| The Leathersellers' Foundation | 1 | £225k |
| THE PRUDENCE TRUST | 1 | £200k |
| NORFOLK COMMUNITY FOUNDATION | 1 | £185k |
| THE KURT AND MAGDA STERN FOUNDATION | 1 | £130k |
| THE A B CHARITABLE TRUST | 1 | £72k |
| PRISM THE GIFT FUND | 1 | £47k |
| THE FORRESTER FAMILY TRUST | 1 | £40k |
Charities like this
- THE ROOTS FOUNDATION WALES
- YOUNG ROOTS
- NEWLANDS COMMUNITY ASSOCIATION
- RED HOUSE YOUTH TRUST
- WORKSOP AND RETFORD HOUSING PROJECT LIMITED
- STROUD & DISTRICT HOMES FOUNDATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW ROOTS LIMITED | £82k | — | 0 | unclear | — | no doubt |
| THE ROOTS FOUNDATION WALES | £246k | — | 0 | unclear | — | no doubt |
| YOUNG ROOTS | £1.4m | £60,001 - £70,000 | 1 | above | 11.4% | noted |
| NEWLANDS COMMUNITY ASSOCIATION | £42k | — | 0 | unclear | — | no doubt |
| RED HOUSE YOUTH TRUST | £68k | — | 0 | unclear | — | no doubt |
| WORKSOP AND RETFORD HOUSING PROJECT LIMITED | £2.2m | — | 0 | unclear | 1.2% | no doubt |