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THE ISLAND PROJECT

Registered charity 1119034 · accounts filings on the Charity Commission register

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Latest income
£1.5m
Latest spending
£1.8m
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure deficit of £278,533 for the year ended 31 May 2025, funded from brought-forward reserves. Per the trustees' report, unrestricted reserves stood at £185,772, which is below the stated policy target of three to six months' expenditure. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 3 £60,001 - £70,000 1” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 3
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 3 £60,001 - £70,000 1” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“The trustees continue to aim for the charity to be in a position where it can ensure that that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Michael Dufty Partnership Limited. Discloses 6 of 6 completeness components.

Structured financials (annual return, FY ending 31/05/2025)

Total income
£1.5m
Total spending
£1.8m
Reserves (reported)
£225k
Employees
39

Reported reserves equal ~1.5 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Birmingham City · Coventry City · Dudley · Leicestershire · Sandwell · Solihull · Walsall · Warwickshire · Wolverhampton

Income and spending

Financial year endIncomeSpending
31/05/2025£1.5m£1.8m
31/05/2024£1.9m£1.7m
31/05/2023£1.7m£1.5m
31/05/2022£1.3m£1.3m
31/05/2021£1.2m£1.2m

Common questions

Is THE ISLAND PROJECT financially healthy?

The accounts state that the charity reported a net expenditure deficit of £278,533 for the year ended 31 May 2025, funded from brought-forward reserves. Per the trustees' report, unrestricted reserves stood at £185,772, which is below the stated policy target of three to six months' expenditure. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Michael Dufty Partnership Limited.

What does the highest-paid employee of THE ISLAND PROJECT earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 3 employees earned over £60,000.