Besson Street Trust

Registered charity 1118010 · accounts filings on the Charity Commission register · also known as THE NEW CROSS GATE TRUST

Besson Street Trust promotes the regeneration of New Cross Gate (Lewisham), working to support local people to lead happy, healthy and fulfilled lives. We deliver services primarily focussed around education and employment, but also tackling health, environment and crime. We work with other local organisations to support them in delivering services through a community development approach.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Environment/conservation/heritage · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£328k
Latest spending
£317k
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ended the year with total net assets of £5,180,184, representing a surplus for the year. The trustees report that free reserves equated to 6.8 months of forecast annual expenditure, which exceeds their stated policy target of three months. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: Under £60,000 — in the top quarter for charities its size (median £60k)
“During 2024/25 there were no sta paid more than £60,000.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of running costs (held: £5.0m)
“it is our policy that we maintain free reserves amounting to at least three months of running costs in our main bank account.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Goldwins Limited. Discloses 6 of 6 completeness components.

Property (HM Land Registry)

6 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram · linkedin

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Lewisham

Income and spending

Financial year endIncomeSpending
31/03/2025£328k£317k
31/03/2024£347k£344k
31/03/2023£328k£341k
31/03/2022£306k£359k
31/03/2021£400k£436k

Common questions

Is Besson Street Trust financially healthy?

Per its FY2025 accounts: The accounts state that the charity ended the year with total net assets of £5,180,184, representing a surplus for the year. The trustees report that free reserves equated to 6.8 months of forecast annual expenditure, which exceeds their stated policy target of three months. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Goldwins Limited.

What does the highest-paid employee of Besson Street Trust earn?

Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
City Bridge Foundation17/11/2022£176kGrant to The New Cross Gate Trust
Greater London Authority01/12/2020£13kGrant to The New Cross Gate Trust
UK government14/07/2020£7kCoronavirus Community Support Fund
City Bridge Foundation10/01/2020£600Grant to The New Cross Gate Trust
Greater London Authority23/11/2018£5kGrant to The New Cross Gate Trust
The National Lottery Community Fund08/03/2017£381kESOL and Employment Support
The National Lottery Community Fund29/10/2014£10kConstruction of an outdoor classroom in our community garden
City Bridge Foundation15/05/2014£64kGrant to The New Cross Gate Trust

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with GLOUCESTERSHIRE GATEWAY TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
Besson Street Trust£328kUnder £60,0000above—no doubt
GLOUCESTERSHIRE GATEWAY TRUST FY2024£1.4m—0above—no doubt
THE MOSS SIDE AND HULME COMMUNITY DEVELOPMENT TRUST FY2025£356k—0unclear—no doubt
MANOR HOUSE DEVELOPMENT TRUST FY2025£398k—0unclear—no doubt
OCEAN REGENERATION TRUST FY2025£149k—0unclear—no doubt
THE SHOREDITCH TRUST FY2025£1.7m£70,001 - £80,0001unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.