RECYCLING OF USED PLASTICS 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.
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.
What the accounts disclose
“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
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- 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
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- JIM ARMSTRONGchair
- Adrian Whyle
- Ahmed Raza Detta
- Daniel Cheke
- Ermis Panagiotopoulos
- IAIN LESLIE FERGUSON
- Ian Anthony Burman
- MICHAEL BAXTER
- STUART HAYWARD-HIGHAM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £30k |
Charities like this
- RECYCLING LIVES CHARITY
- PROPER JOB RESOURCE CENTRE
- CLIMATE RESPONSE LIMITED
- PLOIEST ESTATES LIMITED
- JUST HELPING
- RECYCLING OLLERTON AND BOUGHTON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RECYCLING OF USED PLASTICS LIMITED | £735k | — | 0 | unclear | — | no doubt |
| RECYCLING LIVES CHARITY | £2.6m | — | — | unclear | — | no doubt |
| PROPER JOB RESOURCE CENTRE | £239k | — | 0 | unclear | — | no doubt |
| CLIMATE RESPONSE LIMITED | £545k | — | 0 | unclear | — | no doubt |
| PLOIEST ESTATES LIMITED | £152k | — | 0 | unclear | — | no doubt |
| JUST HELPING | £1.7m | — | 0 | unclear | — | no doubt |