ST BASIL'S
St Basils works with young people to enable them to find and keep a home, to develop their confidence, skills and opportunities and to prevent homelessness.
Financial health, per its FY2025 accounts
The accounts state that St Basil's reported a surplus of £286,000 for the year ended 31 March 2025, with total unrestricted reserves standing at £5,989,000. The charity holds cash reserves equivalent to 80 days of expenditure, exceeding its strategic objective of covering at least two months of costs. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the entity's ability to continue as a going concern.
What the accounts disclose
“Apart from the Chief Executive, three other employees were paid in excess of £60k” — page 40
“Rents & services charges 40% 42% 44% 46%” — page 20
“Fundraising 1,513 (590) 923” — page 38
“St Basil's has a strategic objective of holding cash reserves that are sufficient to cover at least two months of expenditure” — page 21
“The Non-Executive Directors receive no emoluments.” — page 41
“A Board member who served during the reporting period is a member of the Senior Executive team at Midland Heart, a large housing association from whom St Basil's purchased a new building in March 2025.” — page 46
Year-over-year changes
- Employees paid over £60,000: 2 (FY2024) → 4 (FY2025).
Leadership, per the charity’s website
- Marsha Blake — CEO
- Vanessa Newey — RSI Lead
Funders the charity credits
- Coventry Building Society
- The Co-operative Bank
- St Joseph
- Capsticks
Public-sector contracts awarded
| Buyer | Contract | Awarded | Value |
|---|---|---|---|
| BIRMINGHAM CITY COUNCIL | Young Persons Outreach Navigator Service | 28/08/2025 | £145k |
| Birmingham City Council | P0795/017 - Young Persons Outreach Service - AWARD | 28/07/2025 | £159k |
| Birmingham City Council | P0795/016 - Young Persons Emergency Beds - AWARD | 30/06/2025 | £170k |
| BIRMINGHAM CITY COUNCIL | P0795/013 - Young Persons Serially Excluded Service | 17/04/2025 | £800k |
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (12/05/2025)
- Received assets from another charity (21/08/2024)
- Received assets from another charity (02/06/2011)
Trustees
- Feizal Hajat OBEchair
- Ethan Jack Meddoms
- Helen Bates
- Jonathan Philip Wood
- Kelly Samantha Cassells
- Marsha Elaine Blake
- Nilanthi Neale
- Nimmi Patel
- Stephen Derrone James Chance
- The Very Reverend Matthew Thompson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £18.1m | £17.8m |
| 31/03/2024 | £17.2m | £16.8m |
| 31/03/2023 | £15.3m | £15.1m |
| 31/03/2022 | £14.4m | £14.3m |
| 31/03/2021 | £13.8m | £13.1m |
Common questions
Is ST BASIL'S financially healthy?
Per its FY2025 accounts: The accounts state that St Basil's reported a surplus of £286,000 for the year ended 31 March 2025, with total unrestricted reserves standing at £5,989,000. The charity holds cash reserves equivalent to 80 days of expenditure, exceeding its strategic objective of covering at least two months of costs. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the entity's ability to continue as a going concern. Its FY2025 accounts were audited by Beever and Struthers.
Who funds ST BASIL'S?
Funders whose own accounts filings name ST BASIL'S as a grant recipient include THE BERKELEY CHARITABLE FOUNDATION, LANDAID CHARITABLE TRUST LIMITED, THE JABBS FOUNDATION, IRWIN MITCHELL CHARITIES FOUNDATION, THE NORTON FOUNDATION.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/09/2023 | £1.1m | St Basils employability programme |
| UK government | 21/06/2021 | £100k | VCS: St Basil's - Youth Homelessness |
| The National Lottery Community Fund | 17/10/2019 | £493k | St Basils employability programme |
| The National Lottery Community Fund | 14/09/2018 | £10k | Bromsgrove Foyer Accommodation Update |
| The National Lottery Community Fund | 28/01/2005 | £5k | St Basils open mic |
Funders of similar charities
Charities like this
- BASINGSTOKE COMMUNITY CHURCHES
- ST BASIL'S CHURCH, DEVON
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF OLD BASING AND LYCHPIT
- THE FOUNDATION OF ST. BENEDICT OF NURSIA
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BARNABAS HATTERSLEY
- THE BASIC LIFE CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST BASIL'S | £18.1m | — | 4 | above | 39.0% | no doubt |
| BASINGSTOKE COMMUNITY CHURCHES | £1.0m | — | 0 | above | — | no doubt |
| ST BASIL'S CHURCH, DEVON | £260k | — | 0 | within | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF OLD BASING AND LYCHPIT | £136k | — | 0 | unclear | — | no doubt |
| THE FOUNDATION OF ST. BENEDICT OF NURSIA | £238k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BARNABAS HATTERSLEY | £145k | — | 0 | above | — | no doubt |