RECYCLING OF USED PLASTICS LIMITED

Registered charity 1072029 · accounts filings on the Charity Commission register · also known as RECOUP, RECOUP LIMITED, RECYCLING OF USED PLASTIC (CONTAINERS) LIMITED

To promote and facilitate plastics packaging recycling, to advance public education as to the provision and development of efficient plastics recycling schemes and to further educate those who are or may become involved or interested in all aspects of the same. To research, survey and assemble information connected with plastics packaging recycling and publish the results.

Objects

To advance the education of the public on the subject of plastic circular economy, resource efficiency, recycling and re-use so as to protect the environment.To preserve and protect the physical and natural environment for the public benefit through the promotion of reduction, re-use and recycling of plastics.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Environment/conservation/heritage · website · Get email alerts

Latest income
£735k
Latest spending
£777k
Registered
1998
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds decreased to £10,801, falling below the trustees' stated reserves policy target of £45,000 to £60,000. Despite this reduction, the trustees report that the charity has adequate resources to meet liabilities for the foreseeable future and adopted the going concern basis.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: £45,000 to £60,000 (held: £11k)
“The reserves are to be maintained at a level which ensures that RECOUP's basic core activity could continue in the short term during a period of unforeseen difficulty. On the basis of current expenditure, the Funds at a balance of £45,000 to £60,000 would ideally be required.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payment to PPS Recovery Systems Ltd, a company in which CEO Stuart Foster has an interest.
“The company paid £822,129 (2023: £848,360) to PPS Recovery Systems Ltd, a company in which Stuart Foster (CEO) has an interest in. The balance due to PPS Recovery Systems Ltd as at 31st December 2024 was £19,873 (2023: 79,841). These payments were in accordance with agreed budgets, were agreed by the Board of Trustees and were at an arms-length rate.” — page 20
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£735k
Total spending
£777k
Reserves (reported)
£25k
Employees
0

Reported reserves equal ~0.4 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£735k£777k
31/12/2024£756k£744k
31/12/2023£650k£930k
31/12/2022£978k£932k
31/12/2021£845k£649k

Common questions

Is RECYCLING OF USED PLASTICS LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted funds decreased to £10,801, falling below the trustees' stated reserves policy target of £45,000 to £60,000. Despite this reduction, the trustees report that the charity has adequate resources to meet liabilities for the foreseeable future and adopted the going concern basis. Its FY2024 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE ALBERT GUBAY CHARITABLE FOUNDATION1£30k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with RECYCLING LIVES CHARITY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
RECYCLING OF USED PLASTICS LIMITED£735k—0unclear—no doubt
RECYCLING LIVES CHARITY FY2025£2.6m——unclear—no doubt
PROPER JOB RESOURCE CENTRE FY2025£239k—0unclear—no doubt
CLIMATE RESPONSE LIMITED FY2026£545k—0unclear—no doubt
PLOIEST ESTATES LIMITED FY2025£152k—0unclear—no doubt
JUST HELPING FY2025£1.7m—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.