NORTH WORCESTERSHIRE BASEMENT PROJECTS LTD
The Basement Project is a Worcestershire charity which supports young people aged 25 and under; in securing and sustaining accommodation; who are in crisis, homeless, or at risk of homelessness & in resolving the many contributing factors such as finances, relationships & mediation, physical and mental health, access to employment, education and training.
Objects
TO RELIEVE THE NEED HARDSHIP AND DISTRESS OF YOUNG PEOPLE IN WORCESTERSHIRE BY:A) ASSISTING YOUNG PEOPLE WHO ARE POTENTIALLY HOMELESS, ACTUALLY HOMELESS AND/OR UNEMPLOYED AND/OR LOCAL AUTHORITY CARE LEAVERS IN COMPETING EFFECTIVELY IN THE LABOUR MARKET;B) PROVIDING CLEAR AND ADEQUATE INFORMATION/RESOURCES TO YOUNG PEOPLE WHO ARE POTENTIALLY HOMELESS, ACTUALLY HOMELESS AND/OR UNEMPLOYED AND/OR LOCAL AUTHORITY CARE LEAVERS SO THEY ARE FULLY INFORMED OF THEIR RIGHTS AND RESPONSIBILITIES, ETC; ANDC) ENCOURAGING, SUPPORTING AND EMPOWERING YOUNG PEOPLE WHO ARE POTENTIALLY HOMELESS, ACTUALLY HOMELESS AND/OR UNEMPLOYED AND/OR LOCAL AUTHORITY CARE LEAVERS TO REPRESENT THEMSELVES
Financial health, per its FY2026 accounts
The charity reported a net surplus of £10,069 for the year ended 31 March 2026, with total income of £464,517 and total expenditure of £454,448. Free unrestricted reserves stood at £281,411, which the trustees consider to be in line with their policy target of maintaining six months of operating costs. The accounts were subject to an independent examination rather than a full audit, with the examiner reporting no matters requiring attention.
What the accounts disclose
“The trustees have established a reserves policy whereby the unrestricted funds should be built up to a minimum level equivalent to 6 months operating costs.” — page 6
Policies the charity declares
- 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
- Investing charity funds policy and procedures
- Investment
- 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
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Volunteers: 7
- Government income: £129,218 — contracts £87,218 (1), grants £42,000 (1); 28% of the £464,517 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 9
- Government income: £135,503 — contracts £116,169 (2), grants £19,334 (1); 30% of the £455,062 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 6
- Government income: £115,472 — contracts £87,088 (1), grants £28,384 (3); 29% of the £402,891 total gross income on the same return
Trustees
- Alan William Deakin
- Andrew John Hudson
- Andrew Stephen Gwillam
- Claire Pennell
- Eve Mathews
- James Henry Morris
- Katherine Squires
- Pippa Trueman
- Richard Hood
- Samantha Louise Preece
- Susan Hindle-Smith
- Thomas James Lowe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £465k | £454k |
| 31/03/2025 | £455k | £444k |
| 31/03/2024 | £403k | £385k |
| 31/03/2023 | £296k | £382k |
| 31/03/2022 | £330k | £362k |
Common questions
Is NORTH WORCESTERSHIRE BASEMENT PROJECTS LTD financially healthy?
Per its FY2026 accounts: The charity reported a net surplus of £10,069 for the year ended 31 March 2026, with total income of £464,517 and total expenditure of £454,448. Free unrestricted reserves stood at £281,411, which the trustees consider to be in line with their policy target of maintaining six months of operating costs. The accounts were subject to an independent examination rather than a full audit, with the examiner reporting no matters requiring attention. Its FY2026 accounts were independently examined.
Who funds NORTH WORCESTERSHIRE BASEMENT PROJECTS LTD?
Funders whose own accounts filings name NORTH WORCESTERSHIRE BASEMENT PROJECTS LTD as a grant recipient include THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | FY2024 | £5k | Grant category header |
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | FY2023 | £5k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 06/02/2025 | £20k | The Basement Project |
| The National Lottery Community Fund | 25/11/2022 | £487k | The Basement Project |
| The National Lottery Community Fund | 14/10/2022 | £10k | The Basement Project |
| The National Lottery Community Fund | 14/05/2021 | £10k | The Basement Project |
| UK government | 14/09/2020 | £4k | VSCE CMC Fund |
| The National Lottery Community Fund | 27/09/2019 | £323k | The Basement Project |
| The National Lottery Community Fund | 13/07/2016 | £257k | The Basement Drop-In Service |
| The National Lottery Community Fund | 13/03/2013 | £207k | The Basement Drop-In Service |
| The National Lottery Community Fund | 06/10/2011 | £10k | The Basement Project |
| The National Lottery Community Fund | 11/07/2007 | £180k | The Basement Project |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GOSLING FOUNDATION LIMITED | 1 | £200k |
| THE BLOOM FOUNDATION | 1 | £80k |
| THE FORBES CHARITABLE FOUNDATION | 1 | £57k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £44k |
| THE MIKHEEV CHARITABLE TRUST | 1 | £33k |
| THE HAMPSTEAD WELLS AND CAMPDEN TRUST | 1 | £32k |
| THE EQUINOXE TRUST | 1 | £30k |
| THE ALAN EDWARD HIGGS CHARITY | 1 | £30k |
Charities like this
- THE BASEMENT YOUTH TRUST GROUP, ROSS-ON-WYE
- THE WINCHESTER PROJECT
- THE BASEMENT DOOR
- BARDSLEY YOUTH PROJECT
- BASECAMP ADVENTURE TRUST
- THE NEST PROJECT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NORTH WORCESTERSHIRE BASEMENT PROJECTS LTD | £465k | — | 0 | unclear | — | no doubt |
| THE BASEMENT YOUTH TRUST GROUP, ROSS-ON-WYE | £34k | — | 0 | unclear | — | no doubt |
| THE WINCHESTER PROJECT | £1.2m | — | — | unclear | — | no doubt |
| THE BASEMENT DOOR | £55k | — | 0 | unclear | — | no doubt |
| BARDSLEY YOUTH PROJECT | £162k | — | 0 | unclear | — | no doubt |
| BASECAMP ADVENTURE TRUST | £245k | — | 0 | below | — | no doubt |