WALTHAM FOREST CHURCHES NIGHT SHELTER-WFCNS LIMITED
Waltham Forest Churches Night Shelter provides short-term accommodation, support and resettlement services for former rough sleepers and street homeless people in its hostel, known as 'Branches'. We provide advocacy, and access to life-skills development, employment, training and volunteering opportunities to give individuals a better chance of successful independent living after they move on.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves fell significantly to £17,605 due to investment in a property refurbishment project, which is below the stated policy target of approximately £405,000. The charity reported a net movement in funds of £38,273 and maintains adequate resources for going concern, though it faces risks related to dependency on external grant funding and an upcoming contract retender.
What the accounts disclose
“In the band £70,001 - £80,000” — page 30
“The Charity's aim in previous years has been to maintain free reserves at around £405,000, which would equal approximately six months' running costs, based on unrestricted expenditure.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Gilbert Alexander Stowechair
- Alan Mustafa
- Anna Nesbitt
- Benjamin John Patrick Lynch
- Dr Sheila Belgrave
- Ian Pogue
- Tom MARKWELL
- WINSTON REID
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £858k | £820k |
| 31/03/2024 | £1.5m | £811k |
| 31/03/2023 | £1.1m | £760k |
| 31/03/2022 | £857k | £689k |
| 31/03/2021 | £720k | £653k |
Common questions
Is WALTHAM FOREST CHURCHES NIGHT SHELTER-WFCNS LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves fell significantly to £17,605 due to investment in a property refurbishment project, which is below the stated policy target of approximately £405,000. The charity reported a net movement in funds of £38,273 and maintains adequate resources for going concern, though it faces risks related to dependency on external grant funding and an upcoming contract retender. Its FY2025 accounts were audited by Fredericks Limited.
What does the highest-paid employee of WALTHAM FOREST CHURCHES NIGHT SHELTER-WFCNS LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band.
Who funds WALTHAM FOREST CHURCHES NIGHT SHELTER-WFCNS LIMITED?
Funders whose own accounts filings name WALTHAM FOREST CHURCHES NIGHT SHELTER-WFCNS LIMITED as a grant recipient include THE EDWARD GOSTLING FOUNDATION, THE HOBSON CHARITY LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE EDWARD GOSTLING FOUNDATION | FY2025 | £25k | Grant |
| THE EDWARD GOSTLING FOUNDATION | FY2024 | £25k | |
| THE HOBSON CHARITY LIMITED | FY2023 | £5k | Homelessness |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 12/02/2026 | £500k | Rough sleepers in East London have improved health and wellbeing. |
| The National Lottery Community Fund | 27/03/2024 | £395k | Supporting rough sleepers and homeless people in Waltham Forest |
| City Bridge Foundation | 06/05/2021 | £38k | Grant to Waltham Forest Churches Night Shelter (WFCNS) |
| City Bridge Foundation | 30/01/2020 | £296k | Grant to Waltham Forest Churches Night Shelter (WFCNS) |
| The National Lottery Community Fund | 27/07/2006 | £24k | Transfer from MK/1/010074831 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Brian Mercer Trust | 1 | £225k |
| Kingsbury Charity | 1 | £95k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £92k |
| THE BLOOM FOUNDATION | 1 | £77k |
| ST GILES-IN-THE-FIELDS AND BLOOMSBURY UNITED CHARITY | 1 | £56k |
| THE HAMPSTEAD WELLS AND CAMPDEN TRUST | 1 | £30k |
| STREETSMART-ACTION FOR THE HOMELESS | 1 | £25k |
| KUSUMA TRUST UK | 1 | £20k |
Charities like this
- London Homelessness Foundation
- PATHWAYS: CHESTERFIELD DAY CENTRE FOR THE HOMELESS
- BOSCO SOCIETY LTD
- FAITH IN ACTION MERTON HOMELESSNESS PROJECT
- HOLY TRINITY NIGHT SHELTER & COMMUNITY OUTREACH
- NIGHTSAFE LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WALTHAM FOREST CHURCHES NIGHT SHELTER-WFCNS LIMITED | £858k | £70,001 - £80,000 | — | unclear | — | no doubt |
| London Homelessness Foundation | £781k | — | 0 | unclear | — | no doubt |
| PATHWAYS: CHESTERFIELD DAY CENTRE FOR THE HOMELESS | £422k | — | 0 | unclear | — | no doubt |
| BOSCO SOCIETY LTD | £1.1m | — | 0 | above | — | no doubt |
| FAITH IN ACTION MERTON HOMELESSNESS PROJECT | £304k | — | 0 | above | — | no doubt |
| HOLY TRINITY NIGHT SHELTER & COMMUNITY OUTREACH | £137k | — | 0 | unclear | — | no doubt |