COLCHESTER KORBAN PROJECT

Registered charity 1125617 · accounts filings on the Charity Commission register

Providing young people aged 16-25 with a home and support to overcome homelessness in Colchester. Helping them realise their potential and thrive, by providing accommodation, resources, holistic support and guidance enabling them to develop the character, skills and confidence to live independently.

Objects

TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND, INCLUDING THROUGH THE PROVISION OF EMERGENCY AND LONG-TERM ACCOMMODATION, COUNSELLING AND SUPPORT IN COLCHESTER ESSEX AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY.

Area of benefit: COLCHESTER ESSEX

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Registered contact address: Colchester, East of England, England (from the postcode on the register)

Latest income
£137k
Latest spending
£138k
Registered
2008
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total net assets decreased slightly from £339,603 to £339,002, with unrestricted general funds rising to £304,640. The charity holds a designated contingency fund of £22,000, which the trustees note allows for continued operation for three months in case of difficulty. No material uncertainties affecting going concern were identified in the independent examiner's report.

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

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (reserves figure: £305k)
“The designated funds represent a contingency fund should the Charity cease activities or during a period of unseen difficulty, the charity could continue operating for a period of 3 months (full reserves policy and rationale re calculations are available).” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/08/2025

  • Volunteers: 10

Self-declared on the annual return for the financial year ending 31/08/2024

  • Volunteers: 10

Self-declared on the annual return for the financial year ending 31/08/2023

  • Volunteers: 10

Source: this charity’s annual returns on the Charity Commission register.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £250k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Trustees · trustee networks

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

Operates in: Essex

Income and spending

Financial year endIncomeSpending
31/08/2025£137k£138k
31/08/2024£136k£127k
31/08/2023£109k£131k
31/08/2022£96k£125k
31/08/2021£145k£89k

Common questions

Is COLCHESTER KORBAN PROJECT financially healthy?

Per its FY2025 accounts: The accounts state that total net assets decreased slightly from £339,603 to £339,002, with unrestricted general funds rising to £304,640. The charity holds a designated contingency fund of £22,000, which the trustees note allows for continued operation for three months in case of difficulty. No material uncertainties affecting going concern were identified in the independent examiner's report. Its FY2025 accounts were independently examined.

Who funds COLCHESTER KORBAN PROJECT?

Funders whose own accounts filings name COLCHESTER KORBAN PROJECT as a grant recipient include The Leathersellers' Foundation, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LEONARD'S, LEXDEN, KINGSLAND CHURCH COLCHESTER, THE COLCHESTER AND TENDRING COMMUNITY TRUST, THE TUDWICK FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
The Leathersellers' FoundationFY2024£12kPersonal Giving Appeal
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LEONARD'S, LEXDENFY2023£11kFundraising for charities
KINGSLAND CHURCH COLCHESTERFY2024£9k
THE COLCHESTER AND TENDRING COMMUNITY TRUSTFY2024£8k
KINGSLAND CHURCH COLCHESTERFY2023£4k
KINGSLAND CHURCH COLCHESTERFY2022£2k
KINGSLAND CHURCH COLCHESTERFY2025£500
THE TUDWICK FOUNDATIONFY2023£120
KINGSLAND CHURCH COLCHESTERFY2021amount not stated
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LEONARD'S, LEXDENFY2025amount not statedFundraising for external charities (part of ~£4,650 total)

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund04/07/2024£167kSupported housing for young homeless people

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 BARDSLEY YOUTH PROJECT.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
COLCHESTER KORBAN PROJECT£137k—0above—no doubt
BARDSLEY YOUTH PROJECT FY2025£162k—0unclear—no doubt
COLCHESTER FOODBANK FY2025£323k—0unclear—no doubt
COLCHESTER CHILDREN'S CHARITY APPEAL FY2025£70k—0unclear—no doubt
COLNE YOUTH ACTION GROUP FY2025£215k—0unclear—no doubt
COLCHESTER ISLAMIC CULTURAL ASSOCIATION FY2025£180k—0unclear—no doubt

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