STEPS 2 RECOVERY
Steps2Recovery aims to improve the lives of people in the criminal justice system affected by alcohol or drug dependency, providing high quality, abstinence-based treatment options and housing, health and family support. Based in Hackney, we support clients to improve the quality of their lives and to fulfil their potential without recourse to alcohol, drugs and re-offending.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £38,827 for the year, resulting in a decrease in unrestricted reserves from £151,525 to £107,915. The trustees report that reserves had to be utilized due to unplanned calls on finances, including staff restructuring and property improvements, and note that steps were taken to reduce expenditure to align with their reserve policy. The filing confirms that the financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Donations, legacies and grants 183,971 110,335 294,306 218,433” — page 13
“The calculation to meet these conditions has resulted in an Operating Reserve of £107,000.” — page 10
“During the current period, donations totalling £1,109 (2024: £600) were received from Trustees. There were no other related party transactions during the current period.” — page 19
Register events
- Received assets from another charity (13/06/2017)
Trustees
- Sophie Molinschair
- Amanda Copstick
- Bradley Bilgore
- Dr James Ohene-Djan
- Lesley Hart
- William Matthew Wilson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £486k | £525k |
| 31/03/2024 | £384k | £392k |
| 31/03/2023 | £380k | £310k |
| 31/03/2022 | £222k | £217k |
| 31/03/2021 | £217k | £188k |
Common questions
Is STEPS 2 RECOVERY financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £38,827 for the year, resulting in a decrease in unrestricted reserves from £151,525 to £107,915. The trustees report that reserves had to be utilized due to unplanned calls on finances, including staff restructuring and property improvements, and note that steps were taken to reduce expenditure to align with their reserve policy. The filing confirms that the financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 26/03/2025 | £55k | Grant to Steps2Recovery |
| City Bridge Foundation | 13/06/2022 | £162k | Grant to Steps2Recovery |
| The National Lottery Community Fund | 04/11/2021 | £180k | Steps2Recovery |