THE FERRY PROJECT
Helping the homeless with love and support towards independence by providing personalised support and accommodation. We help to prevent homelessness by managing the Queen Mary Centre which provides a base for community organisations working with and for the local community. A central aim of the is to work closely with partners, including businesses, charities, churches and the public sector.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves totalled £3.13m, which is above the trustees' stated policy target of two months of general unrestricted operating expenditure (estimated at £327k). The charity reported a net income surplus of £143,637 for the year, with total income of £2.3m exceeding charitable expenditure of £2.15m.
What the accounts disclose
“The number of employees receiving remuneration during the year of more than £60,000 were: £60,000-£70,000 1” — page 24
“The number of employees receiving remuneration during the year of more than £60,000 were: £60,000-£70,000 1” — page 24
“The Trustees consider that the ideal level of free reserves should be 2 months of general unrestricted operating expenditure. As at 31 March 2025 this amount was estimated at £327K” — page 8
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Andy Chapman
- Anne Davies
- Dr Iain Harold Mason
- James MARCUS Hulme
- Lucy McKitterick
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.3m | £2.2m |
| 31/03/2024 | £2.1m | £2.2m |
| 31/03/2023 | £2.1m | £1.8m |
| 31/03/2022 | £1.5m | £1.5m |
| 31/03/2021 | £1.4m | £1.4m |
Common questions
Is THE FERRY PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves totalled £3.13m, which is above the trustees' stated policy target of two months of general unrestricted operating expenditure (estimated at £327k). The charity reported a net income surplus of £143,637 for the year, with total income of £2.3m exceeding charitable expenditure of £2.15m. Its FY2025 accounts were audited by Griffin Stone Moscrop & Co.
What does the highest-paid employee of THE FERRY PROJECT earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Who funds THE FERRY PROJECT?
Funders whose own accounts filings name THE FERRY PROJECT as a grant recipient include CAMBRIDGESHIRE ACRE, THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CAMBRIDGESHIRE ACRE | FY2024 | £157k | WCLLD |
| CAMBRIDGESHIRE ACRE | FY2023 | £89k | WCLLD |
| CAMBRIDGESHIRE ACRE | FY2022 | £45k | WCLLD |
| CAMBRIDGESHIRE ACRE | FY2025 | £28k | WCLLD |
| THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST | FY2025 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/12/2024 | £500k | My Place |
| The National Lottery Community Fund | 07/08/2019 | £10k | Octavia's Furniture Project |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHURCH STREET CHARITABLE TRUST | 1 | £65k |
| THE SIR JAMES RECKITT CHARITY | 1 | £51k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WOKING CHRIST CHURCH | 1 | £22k |
| HEY SMILE FOUNDATION | 1 | £17k |
| THE JOHNSON FOUNDATION | 1 | £10k |
| THE AMELIA CHADWICK TRUST | 1 | £9k |
| WOKING UNITED REFORMED CHURCH CHARITY | 1 | £9k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HORSELL | 1 | £6k |
Charities like this
- FERRYSIDE SOCIAL ENTERPRISE GROUP
- YORK ROAD PROJECT
- WIRRAL CHURCHES' ARK PROJECT
- TRINITY HOMELESS PROJECTS
- HULL RESETTLEMENT PROJECT LIMITED
- BOOTHFERRY ROAD COMMUNITY PROJECT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE FERRY PROJECT | £2.3m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| FERRYSIDE SOCIAL ENTERPRISE GROUP | £105k | — | 0 | above | — | no doubt |
| YORK ROAD PROJECT | £832k | — | 0 | unclear | — | no doubt |
| WIRRAL CHURCHES' ARK PROJECT | £1.7m | — | — | unclear | — | no doubt |
| TRINITY HOMELESS PROJECTS | £5.9m | £70,001 - £80,000 | 2 | unclear | — | no doubt |
| HULL RESETTLEMENT PROJECT LIMITED | £1.9m | — | 0 | above | — | no doubt |