Project Possible
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £22,717 for the year, primarily due to grant payments exceeding income, though this was offset by legacies and investment gains. Per the trustees' report, free reserves stood at £1,761,840, significantly exceeding the stated policy target of £400,000, indicating strong financial resilience despite the operational loss.
What the accounts disclose
“The target level of reserves is between six and nine months of grant expenditure for projects funded from unrestricted giving, which equates to approximately £400,000.”
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (27/04/2026)
- Received assets from another charity (05/11/2019)
Trustees
- Jonathan Michael Goldthorpechair
- ANTONY MARK HOUGHTON
- Andrew Robert Patterson
- Dr Catherine Elizabeth Forbes
- Illia Djadi
- KAYE LORRAINE LILLYCROP
- Ruth Helen Hampton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £627k | £650k |
| 31/03/2024 | £400k | £642k |
| 31/03/2023 | £519k | £723k |
| 31/03/2022 | £469k | £861k |
| 31/03/2021 | £706k | £1.3m |
Common questions
Is Project Possible financially healthy?
The accounts state that the charity reported an operating deficit of £22,717 for the year, primarily due to grant payments exceeding income, though this was offset by legacies and investment gains. Per the trustees' report, free reserves stood at £1,761,840, significantly exceeding the stated policy target of £400,000, indicating strong financial resilience despite the operational loss. Its FY2025 accounts were audited by Summers Morgan.
Who funds Project Possible?
Funders whose own accounts filings name Project Possible as a grant recipient include THE MAURICE AND HILDA LAING CHARITABLE TRUST, THE S M B TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HUGHENDEN.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE MAURICE AND HILDA LAING CHARITABLE TRUST | FY2022 | £10k |
| THE S M B TRUST | FY2025 | £2k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HUGHENDEN | FY2024 | £300 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE END FUND | 1 | £821k |
| CHRISTADELPHIAN MEAL A DAY FUND | 1 | £95k |
| THE HEADLEY TRUST | 1 | £60k |
| SOLIDARITY PROJECTS LTD | 1 | £32k |
| London Homelessness Foundation | 1 | £25k |
| ICC MISSIONS | 1 | £10k |
| DRAPERS CHARITABLE FUND | 1 | £10k |
| GREENFIELD BAPTIST CHURCH | 1 | £1k |