The Thomas Project
Support to individuals and families in need.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net surplus of £44,389, an increase of £24,650 on the previous year, indicating improved financial stability. Per the trustees' report, the charity holds unrestricted reserves of £12,500, which is below its stated policy target of three months' core expenditure. The organization remains dependent on securing future funding streams beyond its current National Lottery grant, which runs until mid-2026.
What the accounts disclose
Trustees
- Paul Roy Bradburnchair
- KEHINDE OLAJUWON
- Michael Cain
- Peter Brentnall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £84k | £56k |
| 31/12/2023 | £49k | £41k |
| 31/12/2022 | £38k | £37k |
| 31/12/2021 | £31k | £40k |
| 31/12/2020 | £55k | £29k |
Common questions
Is The Thomas Project financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a net surplus of £44,389, an increase of £24,650 on the previous year, indicating improved financial stability. Per the trustees' report, the charity holds unrestricted reserves of £12,500, which is below its stated policy target of three months' core expenditure. The organization remains dependent on securing future funding streams beyond its current National Lottery grant, which runs until mid-2026. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 27/02/2024 | £10k | Millionaire Street 2024 01w1 Year 1 |
| Postcode Lottery | 31/01/2024 | £10k | Millionaire Street 2024 01w1 Year 2 |
| The National Lottery Community Fund | 27/04/2023 | £66k | Connecting Communities |
| The National Lottery Community Fund | 25/06/2019 | £17k | The THOMAS Project |
| The National Lottery Community Fund | 25/11/2008 | £48k | Leighswood Memory Garden |