OPEN HOMES NOTTINGHAM
Services are providing emergency accommodation for young people at risk of becoming homeless and providing an access point for homeless young people.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £49,650 against a policy target of three months of unrestricted expenditure plus closure costs. The charity reports a healthy financial situation with no material uncertainties regarding its ability to continue as a going concern, despite noting dependency on non-statutory funding.
What the accounts disclose
“No employee received emoluments of more than £60,000 during the year.” — page 21
“The Trustees have determined that the appropriate level of free reserves which are not invested in tangible fixed assets should be equivalent to 3 months of the charity’s total unrestricted expenditure plus an estimate of closure costs.” — page 9
Register events
- Received assets from another charity (09/04/2021)
Trustees
- Mark Alan Nightingale
- Ruth Holden
- Sarah Jane Dickin
- Tom Kite
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £149k | £148k |
| 31/12/2024 | £127k | £109k |
| 31/12/2023 | £89k | £87k |
| 31/12/2022 | £45k | £59k |
| 31/12/2021 | £81k | £50k |
Common questions
Is OPEN HOMES NOTTINGHAM financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £49,650 against a policy target of three months of unrestricted expenditure plus closure costs. The charity reports a healthy financial situation with no material uncertainties regarding its ability to continue as a going concern, despite noting dependency on non-statutory funding. Its FY2025 accounts were independently examined.
What does the highest-paid employee of OPEN HOMES NOTTINGHAM earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds OPEN HOMES NOTTINGHAM?
Funders whose own accounts filings name OPEN HOMES NOTTINGHAM as a grant recipient include BOOTS CHARITABLE TRUST, THE JONES 1986 CHARITABLE TRUST, THE THOMAS FARR CHARITY, THE MARY ROBERTSON TRUST, J N DERBYSHIRE TRUST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 29/07/2024 | £25k | Unrestricted Funding |
| The National Lottery Community Fund | 04/11/2022 | £10k | Open Homes |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Alex Ferry Foundation | 2 | £21k |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 2 | £2k |
| Brian Mercer Trust | 1 | £225k |
| LLOYDS BANK FOUNDATION FOR ENGLAND & WALES | 1 | £125k |
| THE SHELDON TRUST | 1 | £40k |
| THE COMMUNITY FOUNDATION FOR WILTSHIRE & SWINDON | 1 | £30k |
| BELMONT EXETER | 1 | £7k |
| THE ALBERT HUNT TRUST | 1 | £7k |
Charities like this
- EMMANUEL HOUSE SUPPORT CENTRE
- CITY OF EXETER YMCA
- NOTTINGHAM COMMUNITY ALMSHOUSE CHARITY
- Stay Charity
- NIGHTSAFE LIMITED
- DOORWAY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| OPEN HOMES NOTTINGHAM | £149k | Under £60,000 | 0 | unclear | — | no doubt |
| EMMANUEL HOUSE SUPPORT CENTRE | £1.0m | — | 0 | above | — | no doubt |
| CITY OF EXETER YMCA | £2.3m | — | 0 | below | — | no doubt |
| NOTTINGHAM COMMUNITY ALMSHOUSE CHARITY | £917k | — | 0 | unclear | — | no doubt |
| Stay Charity | £2.2m | — | 0 | unclear | — | no doubt |
| NIGHTSAFE LIMITED | £1.3m | — | 0 | unclear | — | no doubt |