THE BARKING AND DAGENHAM PROGRESS PROJECT
The Barking & Dagenham Progress Project aims to develop services, strategy and joined up ways of working with disabled children & young people to effect good practice, promote the ethos of inclusivity and by being user led within a theme of 'participation'. This is achieved through a combination of project delivery and developing collaborative work within a partneship / consortium approach.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a free reserves deficit of £11,630, which is below the trustees' stated policy target of £20,000 (three months' revenue funding). Total net assets decreased to £14,967, with the unrestricted fund showing a deficit of £11,630 against restricted funds of £26,597. The trustees acknowledge the deficit and state that new grant bids and fundraising plans are being developed to resolve the issue.
What the accounts disclose
“Mark Gerbaldi, the Company Secretary and a member of the Key Management Personnel, provides Training and Consultancy services for which he received a remuneration of £6,000 (2023-24: £7,862). Martin Pringle (MDCP Accountancy), a member of the Key Management Personnel, provided bookkeeping and accountancy services for £4,062 (2023-24: £4,036) during the year.” — page 18
“Mark Gerbaldi, the Company Secretary and a member of the Key Management Personnel, provides Training and Consultancy services for which he received a remuneration of £6,000 (2023-24: £7,862). Martin Pringle (MDCP Accountancy), a member of the Key Management Personnel, provided bookkeeping and accountancy services for £4,062 (2023-24: £4,036) during the year.” — page 18
“Mark Gerbaldi, the Company Secretary and a member of the Key Management Personnel, provides Training and Consultancy services for which he received a remuneration of £6,000 (2023-24: £7,862). Martin Pringle (MDCP Accountancy), a member of the Key Management Personnel, provided bookkeeping and accountancy services for £4,062 (2023-24: £4,036) during the year.” — page 18
“Mark Gerbaldi, the Company Secretary and a member of the Key Management Personnel, provides Training and Consultancy services for which he received a remuneration of £6,000 (2023-24: £7,862). Martin Pringle (MDCP Accountancy), a member of the Key Management Personnel, provided bookkeeping and accountancy services for £4,062 (2023-24: £4,036) during the year.” — page 18
Trustees
- Margaret Mpalampa
- Mark Gerbaldi
- Rajiv Gadhvi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £64k | £101k |
| 31/03/2024 | £117k | £73k |
| 31/03/2023 | £77k | £101k |
| 31/03/2022 | £82k | £95k |
| 31/03/2021 | £99k | £74k |
Common questions
Is THE BARKING AND DAGENHAM PROGRESS PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a free reserves deficit of £11,630, which is below the trustees' stated policy target of £20,000 (three months' revenue funding). Total net assets decreased to £14,967, with the unrestricted fund showing a deficit of £11,630 against restricted funds of £26,597. The trustees acknowledge the deficit and state that new grant bids and fundraising plans are being developed to resolve the issue. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 29/09/2023 | £25k | Project Funding |
| The National Lottery Community Fund | 16/06/2023 | £10k | “Youth Futures” (Disabled Young People’s Skills & Employment Initiative) |
| UK government | 25/06/2020 | £31k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 16/06/2009 | £220k | B&D Futures Programme |