RECOVERY CONNECTIONS
Financial health, per its FY2023 accounts
The charity reported a net incoming resource of £308,215 for the year ended 31 March 2023, resulting in unrestricted reserves of £169,881. The trustees state that budgeted income and expenditure are sufficient to continue as a going concern, noting the charity is financially stable due to retained contracts. The organization relies entirely on service contracts and grants, explicitly stating it does not raise funds through public giving.
What the accounts disclose
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to three months of unrestricted charitable expenditure.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Royce House: Outstanding
Trustees
- Ursula Ruth Hickschair
- Amy Dryden
- Cheryl Spears
- Daniel Galloway Mr
- David Barras
- Rachel Burke
- Suzanne Hague Dr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.7m | £4.3m |
| 31/03/2024 | £3.3m | £3.2m |
| 31/03/2023 | £2.3m | £2.2m |
| 31/03/2022 | £2.0m | £1.7m |
| 31/03/2021 | £1.6m | £1.3m |
Common questions
Is RECOVERY CONNECTIONS financially healthy?
The charity reported a net incoming resource of £308,215 for the year ended 31 March 2023, resulting in unrestricted reserves of £169,881. The trustees state that budgeted income and expenditure are sufficient to continue as a going concern, noting the charity is financially stable due to retained contracts. The organization relies entirely on service contracts and grants, explicitly stating it does not raise funds through public giving. Its FY2023 accounts were audited by Anderson Barrowcliff LLP.