THE BASEMENT ADVISORY CENTRE
The Basement Advisory Centre provides a drop-in facillity for the homeless community in Liverpool city centre.Priority is given to rough sleepers and our service users can access our counsellors, advocacy, laundry, showering services as well as accessing our signposting and advice services.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £10,240 for the year ended March 2025, with total income of £40,071 and expenditure of £29,831. However, the trustees' report highlights that unrestricted funds stood at a deficit of £2,215, which is below the stated policy target of covering three months of running costs and redundancy provisions. The charity is actively seeking rental income and new funding streams to increase its unrestricted reserves.
What the accounts disclose
“As at the end of the financial year the unrestricted funds totalled a deficit £2,215. The charitable company requires a provision of £6,113 for three month’s running costs & £1,397 redundancy costs (Total £7,510)” — page 3
Property (HM Land Registry)
Register events
- Received assets from another charity (23/02/2021)
Trustees
- William CHRISTOPHERchair
- DENISE LEWIS
- Glen Monaghan
- KEVIN MOORES
- TIM KENWARD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £29k | £31k |
| 31/03/2024 | £26k | £72k |
| 31/03/2023 | £71k | £73k |
| 31/03/2022 | £97k | £106k |
| 31/03/2021 | £146k | £106k |
Common questions
Is THE BASEMENT ADVISORY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £10,240 for the year ended March 2025, with total income of £40,071 and expenditure of £29,831. However, the trustees' report highlights that unrestricted funds stood at a deficit of £2,215, which is below the stated policy target of covering three months of running costs and redundancy provisions. The charity is actively seeking rental income and new funding streams to increase its unrestricted reserves. Its FY2025 accounts were independently examined.
Who funds THE BASEMENT ADVISORY CENTRE?
Funders whose own accounts filings name THE BASEMENT ADVISORY CENTRE as a grant recipient include THE ASDA FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ASDA FOUNDATION | FY2024 | £25k | Investing in Spaces and Places |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 06/05/2022 | £3k | Reach out and Connect |
| The National Lottery Community Fund | 10/06/2009 | £318k | Springboard |