ACORN RECOVERY PROJECTS
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £378,000 for the year ended 31 March 2025, resulting in total unrestricted funds of £1,314,000. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding its going concern status.
What the accounts disclose
“The emoluments paid to the highest paid officer excluding pension contributions 71” — page 19
“The Syncora Reserves Policy states that we will aim to keep unrestricted reserves to cover a minimum of three months of variable expenditure to provide where costs are not contract related and also include a provision for contractual costs. The current level of free reserves is £302k (2024: deficit £57k). This is a calculation of the unrestricted funds less the tangible & intangible fixed assets.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Magda: Good
- Rosemary Court: Good
- Bank Parade: Good
Trustees
- Richard Joneschair
- Cheryl Mould
- George Kimmance
- Joanne Peters
- Michael John Wedgeworth
- Mushtaq Khan
- Rachael Kaminski
- Sallie Roxana Louise Bridgen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £5.8m | £5.4m |
| 31/03/2024 | £4.0m | £3.9m |
| 31/03/2023 | £3.9m | £4.0m |
| 31/03/2022 | £3.4m | £3.4m |
| 31/03/2021 | £3.7m | £3.3m |
Common questions
Is ACORN RECOVERY PROJECTS financially healthy?
The accounts state that the charity reported a net income of £378,000 for the year ended 31 March 2025, resulting in total unrestricted funds of £1,314,000. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding its going concern status. Its FY2025 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of ACORN RECOVERY PROJECTS earn?
Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band.