ST MATTHEW'S HOUSE LIMITED
To help people with mental health difficulties make the transition into mainstream society equipped with the skills and social networks necessary for a meaningful and hope-filled life. This is achieved by delivering pottery and art classes in a beautiful bespoke facility that is shared by the general public. The shared activities create a non-stigmatising and asset based approach to mental health.
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net income of £13,905 for the year, resulting in total net assets of £983,156. However, the trustees report that free reserves were negative £37,548, which is below the stated policy target of holding three months' salary expenditure. The trustees believe the charity can continue as a going concern, citing sufficient budgeted income and expenditure to cover the next 12 months.
What the accounts disclose
“The Trustees have considered the level of unrestricted funds, which they see as appropriate to hold in reserve and have concluded that this should be the equivalent of a minimum of three month’s salary expenditure.” — page 7
“During the year income of £6,036 was received from them being recharges for utilities and reimbursements for specific purchases.” — page 19
“Expenses of £5,107 were paid to them for contributions to wards insurance costs and other one off specific expenses.” — page 19
“During the year income of £6,036 was received from them being recharges for utilities and reimbursements for specific purchases.” — page 19
“Expenses of £5,107 were paid to them for contributions to wards insurance costs and other one off specific expenses.” — page 19
Property (HM Land Registry)
Register events
- Received assets from another charity (05/06/2014)
Trustees
- The Reverend Grant Lambert Naylorchair
- Dr Stuart Barfield
- JOHN MCQUATER
- Jane Price
- Rutendo Gwendolyn Gambe
- STEPHEN GEOFFREY LINSKILL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £307k | £293k |
| 31/12/2023 | £340k | £335k |
| 31/08/2022 | £195k | £262k |
| 31/08/2021 | £293k | £306k |
| 31/08/2020 | £428k | £357k |
Common questions
Is ST MATTHEW'S HOUSE LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net income of £13,905 for the year, resulting in total net assets of £983,156. However, the trustees report that free reserves were negative £37,548, which is below the stated policy target of holding three months' salary expenditure. The trustees believe the charity can continue as a going concern, citing sufficient budgeted income and expenditure to cover the next 12 months. Its FY2024 accounts were independently examined.
Who funds ST MATTHEW'S HOUSE LIMITED?
Funders whose own accounts filings name ST MATTHEW'S HOUSE LIMITED as a grant recipient include THE J G GRAVES CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE J G GRAVES CHARITABLE TRUST | FY2023 | £3k | |
| THE J G GRAVES CHARITABLE TRUST | FY2024 | £0 |