NEWMARKET OPEN DOOR
The Charity's objectives and activities are the advancement of the Christian faith and education, including the relief of persons experiencing poverty, homelessness, physical and mental disability, and in furtherance of such objectives the provision of accommodation and support for such persons.
Objects
THE ADVANCEMENT TOF THE CHRISTIAN FAITH AND EDUCATION INCLUDING THE RELIEF OF PERSONS EXPERIENCING POVERTY HOMELESSNESS PHYSICAL AND MENTAL DISABILITY AND IN FURTHERANCE OF SUCH OBJECTS THE PROVISION OF ACCOMMODATION AND SUPPORT FOR SUCH PERSONS.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £144,237, which is above the trustees' policy target of approximately one month's operating expenditure (£49,000). However, the independent examiner identified a matter of concern regarding potential financial difficulty, noting that going concern status relies on the completion of a lease surrender and the sale of Windsor House.
What the accounts disclose
“the charity's reserves policy, which is to hold unrestricted reserves equivalent to approximately one month's operating expenditure, assessed as appropriate to meet the charity's needs and to manage risk”
“I have identified a matter of concern in my report that gives me cause to believe that the charity may be in financial difficulty, as disclosed by the Trustees in note 3 of the financial statements. The cashflow forecasts prepared by the charity for the next 12 months show that the charity can continue as a going concern based on the completion of the lease surrender and the sale of Windsor House.” — page 8
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- 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
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 40
- Government income: £3,333 — grants £3,333 (1); under 1% of the £533,689 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 30
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 28
- Government income: £240,244 — contracts £231,911 (1), grants £8,333 (2); 46% of the £526,643 total gross income on the same return
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2022 (received 15/05/2023, 104 days after the 31/01/2023 due date).
Corporate structure
- Registered company of the charity Companies House 03505843
Company officers (Companies House)
- WALKER, Lyn Annette not on trustee list
- AKINSANYA, Sarah Louise on trustee list
- WELLS, Martin on trustee list
- WALKER, David James on trustee list
- OTULE, Robert, The Revd Canon on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (01/07/2019)
Trustees
- David James Walker
- Dr ANTHONY JOHN SIMON WHITE
- Lyn Annette McIntyre
- Martin Wells
- Rev Robert Otule
- Sarah Louise Akinsanya
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £534k | £588k |
| 31/03/2024 | £511k | £556k |
| 31/03/2023 | £527k | £548k |
| 31/03/2022 | £493k | £532k |
| 31/03/2021 | £605k | £406k |
Common questions
Is NEWMARKET OPEN DOOR financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £144,237, which is above the trustees' policy target of approximately one month's operating expenditure (£49,000). However, the independent examiner identified a matter of concern regarding potential financial difficulty, noting that going concern status relies on the completion of a lease surrender and the sale of Windsor House. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE STEVE MORGAN FOUNDATION | 1 | £60k |
| THE ELIZABETH AND PRINCE ZAIGER TRUST | 1 | £33k |
| LLOYDS BANK FOUNDATION FOR ENGLAND & WALES | 1 | £32k |
| COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION | 1 | £11k |
| WILFRID AND CONSTANCE CAVE FOUNDATION | 1 | £10k |
| THE SHELDON TRUST | 1 | £10k |
| THE AMELIA CHADWICK TRUST | 1 | £8k |
| SIR HARRY PILKINGTON FUND | 1 | £7k |
Charities like this
- WOODSIDE CHURCH
- ST. GEORGE'S HOUSE TRUST (WINDSOR CASTLE)
- OPEN DOORS BAPTIST CHURCH
- THE OPENING DOORS PROJECT
- THE DOOR YOUTH PROJECT
- THE OPEN DOOR (TAUNTON)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEWMARKET OPEN DOOR | £534k | — | 0 | above | — | noted |
| WOODSIDE CHURCH | £712k | — | — | above | — | no doubt |
| ST. GEORGE'S HOUSE TRUST (WINDSOR CASTLE) | £1.3m | £90,001 - £100,000 | — | above | — | no doubt |
| OPEN DOORS BAPTIST CHURCH | £79k | — | 0 | unclear | — | no doubt |
| THE OPENING DOORS PROJECT | £108k | — | 0 | above | — | no doubt |
| THE DOOR YOUTH PROJECT | £749k | — | 0 | within | — | no doubt |