PROJECT 34

Registered charity 1079475 · accounts filings on the Charity Commission register

PROVISION OF ACCCOMMODATION, CARE AND SUPPORT FOR THE HOMELESS

Objects

TO PROVIDE RESIDENTIAL ACCOMMODATION FOR PERSONS WHO BY REASON OF THEIR SOCIAL AND ECONOMIC CIRCUMSTANCES ARE IN NEED OF ACCOMMODATION ON TERMS APPROPRIATE TO THEIR MEANS

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: Accommodation/housing · Get email alerts

Latest income

£723k

Latest spending

£720k

Registered

2000

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that total incoming resources rose by 8% to £713,114, resulting in a net surplus of £51,013 for the year. Per the trustees' report, unrestricted reserves stood at £375,622, which the trustees consider adequate to maintain an 'adequate safety margin' and support future development opportunities without public appeals.

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

What the accounts disclose

Reserves policy: an adequate safety margin and that will enable it to consider running other hostels as and when the opportunity arises (held: £376k)

“It is the policy of the Project that unrestricted funds which have not been designated for a specific use should be maintained at a level to give it an adequate safety margin and that will enable it to consider running other hostels as and when the opportunity arises.” — page 6

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Homes England. This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

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.

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
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

Structured financials (annual return, FY ending 31/10/2025)

Total income

£723k

Total spending

£720k

Reserves (reported)

£379k

Employees

Reported reserves equal ~6.3 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Other trading activities (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

LINDA BOWE
Sharon Worgan
TONY TURNER
XAVIER VERNON

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

Operates in: Salford City

Income and spending

Financial year end	Income	Spending
31/10/2025	£723k	£720k
31/10/2024	£713k	£662k
31/10/2023	£662k	£616k
31/10/2022	£588k	£597k
31/10/2021	£593k	£539k

Common questions

Is PROJECT 34 financially healthy?

Per its FY2024 accounts: The accounts state that total incoming resources rose by 8% to £713,114, resulting in a net surplus of £51,013 for the year. Per the trustees' report, unrestricted reserves stood at £375,622, which the trustees consider adequate to maintain an 'adequate safety margin' and support future development opportunities without public appeals. 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.

Funder	Similar charities funded	Amount to them
THE LIZ AND TERRY BRAMALL FOUNDATION	1	£200k
HOUSING JUSTICE	1	£20k
THE THOMAS BRINGTON FOUNDATION	1	£14k
DRAPERS CHARITABLE FUND	1	£10k
LONDON CATALYST	1	£6k
THE A M FENTON TRUST	1	£6k
THE PAROCHIAL CHURCH COUNCIL OF KIDBROOKE	1	£4k
DAVID LISTER CHARITABLE TRUST	1	£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MENS ACCOMMODATION AND SUPPORT.

MENS ACCOMMODATION AND SUPPORT income £1.1m
ACCOMMODATION CONCERN income £1.5m
PETRUS COMMUNITY income £2.7m
HARROGATE HOMELESS PROJECT LTD income £1.2m
GREENWICH HOMELESS PROJECT income £202k
TRINITY HOMELESS PROJECTS income £5.9m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
PROJECT 34	£723k	—	0	above	—	no doubt
MENS ACCOMMODATION AND SUPPORT FY2025	£1.1m	—	0	unclear	—	no doubt
ACCOMMODATION CONCERN FY2025	£1.5m	£60,001 - £70,000	1	unclear	—	no doubt
PETRUS COMMUNITY FY2025	£2.7m	—	0	above	—	no doubt
HARROGATE HOMELESS PROJECT LTD FY2025	£1.2m	—	0	unclear	—	no doubt
GREENWICH HOMELESS PROJECT FY2025	£202k	—	0	above	—	no doubt

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