ADAM OUTREACH PROJECT
THE COMPANY'S PRINCIPLE ACTIVITY IS THAT OF PROVIDING RESIDENTIAL ACCOMMODATION FOR VULNERABLE PEOPLE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £31,331 for the year ended 30 June 2025, resulting in total unrestricted reserves of £560,273. Per the trustees' report, unrestricted current assets held at year-end were £80,113, which is below the stated policy target of approximately £130,000. The trustees believe the charity has adequate resources to continue operating for the foreseeable future.
What the accounts disclose
“Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It consists of rental income from tenants at Hope House, Grace House and Harmony House.” — page 9
“However, at the year end, the charity held unrestricted current assets of £80,113, while an improvement of £15,842 over the previous year has fallen short of the new target.” — page 4
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Russell Thomas Parsonschair
- David Wall Brown FCA
- Geoffrey Leslie Ward
- Mary Beverley Constantine
- TERENCE WATSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £558k | £527k |
| 30/06/2024 | £404k | £389k |
| 30/06/2023 | £257k | £210k |
| 30/06/2022 | £221k | £195k |
| 30/06/2021 | £176k | £169k |
Common questions
Is ADAM OUTREACH PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £31,331 for the year ended 30 June 2025, resulting in total unrestricted reserves of £560,273. Per the trustees' report, unrestricted current assets held at year-end were £80,113, which is below the stated policy target of approximately £130,000. The trustees believe the charity has adequate resources to continue operating for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOHN SLATER FOUNDATION | 1 | £5k |
| Indigent Welfare and Education Trust | 1 | £1k |
| ZAIMAH | 1 | £150 |
Charities like this
- URBAN OUTREACH (BOLTON)
- CHILDREN OF ADAM
- NAZARETH CARE CHARITABLE TRUST
- OUTREACH 3 WAY
- MENS ACCOMMODATION AND SUPPORT
- Stay Charity
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ADAM OUTREACH PROJECT | £558k | — | 0 | below | — | no doubt |
| URBAN OUTREACH (BOLTON) | £1.1m | — | 0 | within | — | no doubt |
| CHILDREN OF ADAM | £2.4m | — | 0 | above | — | no doubt |
| NAZARETH CARE CHARITABLE TRUST | £43.3m | — | — | below | — | material uncertainty |
| OUTREACH 3 WAY | £7.6m | — | 0 | above | — | no doubt |
| MENS ACCOMMODATION AND SUPPORT | £1.1m | — | 0 | unclear | — | no doubt |