THE CARPENTER'S ARMS (MIDLANDS) TRUST
The Carpenter's Arms is a Christian organisation that helps men who are challenged by homelessness who have drug and alcohol problems. The Charity also assists people on benefits with food parcels. The area of operation is Leicestershire.
Objects
1) TO HOUSE, SUPPORT, CARE AND TREAT PERSONS IN NEED WHO ARE CHALLENGED BY HOMELESSNESS AND SUFFERING FROM THE EFFECTS OF POVERTY, SICKNESS, DISABILITY, OLD AGE, ALCOHOLISM, DRUG ADDICTION, OFFENDING BEHAVIOUR OR ANY OTHER MENTAL OR PHYSICAL INFIRMITY WITHIN A CHRISTIAN CONTEXT.2) TO ADVANCE THE CHRISTIAN FAITH IN SUCH WAYS AS THE TRUSTEES FROM TIME TO TIME THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds are in a deficit of £269,999, which is below the trustees' stated reserves policy target of £300,000. The charity reports total income of £1,837,606 against expenditure of £1,692,962, resulting in a net surplus for the period, though the overall fund balance remains negative due to prior years' deficits.
What the accounts disclose
“At year end this was not met due to the financial challenges of the last year and purchase of the property in 2022.” — page 7
“The charity is connected to Homes for the Homeless Ltd through a number of Trustees in common. Phase 1 and Phase 3 of the programme are carried out at properties rented from Homes for the Homeless.” — page 8
“Mr Richard Spence, the CEO, is the son of Mrs Judith Spence who is a trustee of the charity. His remuneration amounts to £55,430 (2024 - £47,960) plus pension contributions of £1,663 (2024 - £1,417).” — page 23
“The charity is connected to Homes for the Homeless Ltd through a number of Trustees in common. Phase 1 and Phase 3 of the programme are carried out at properties rented from Homes for the Homeless.” — page 8
“Mr Richard Spence, the CEO, is the son of Mrs Judith Spence who is a trustee of the charity. His remuneration amounts to £55,430 (2024 - £47,960) plus pension contributions of £1,663 (2024 - £1,417).” — page 23
“The charity is connected to Homes for the Homeless Ltd through a number of Trustees in common. Phase 1 and Phase 3 of the programme are carried out at properties rented from Homes for the Homeless.” — page 8
“Mr Richard Spence, the CEO, is the son of Mrs Judith Spence who is a trustee of the charity. His remuneration amounts to £55,430 (2024 - £47,960) plus pension contributions of £1,663 (2024 - £1,417).” — page 23
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Leadership, per the charity’s website
- Richard Spence — Chief Executive Officer
- Scott Wheatley — Chief Operating Officer
- Judith Spence — Director
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Gerhard Schulz
- JOAN MARGARET SMIDOWICZ
- JUDITH SPENCE
- SHEPHERD JAYA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.8m | £1.7m |
| 30/06/2024 | £2.0m | £1.9m |
| 30/06/2023 | £1.6m | £1.6m |
| 30/06/2022 | £1.6m | £1.6m |
| 30/06/2021 | £1.6m | £1.6m |
Common questions
Is THE CARPENTER'S ARMS (MIDLANDS) TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds are in a deficit of £269,999, which is below the trustees' stated reserves policy target of £300,000. The charity reports total income of £1,837,606 against expenditure of £1,692,962, resulting in a net surplus for the period, though the overall fund balance remains negative due to prior years' deficits. Its FY2025 accounts were audited by Baldwin Scofield Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CARERS TRUST | 1 | £285k |
| THE CARPENTERS COMPANY CHARITABLE TRUST | 1 | £260k |
| Point North Community Foundation | 1 | £247k |
| IMAGINE FOUNDATION | 1 | £95k |
| THE FORRESTER FAMILY TRUST | 1 | £75k |
| THE EARL OF NORTHAMPTON'S CHARITY | 1 | £73k |
| LLOYDS BANK FOUNDATION FOR ENGLAND & WALES | 1 | £52k |
| THE VARDY FOUNDATION | 1 | £36k |
Charities like this
- THE CARPENTERS COMPANY CHARITABLE TRUST
- ARMLEY HELPING HANDS
- The Carpenters' and Dockland Community Centre
- NORTON FOLGATE TRUST
- HANDCRAFTED PROJECTS
- THE WORSHIPFUL COMPANY OF CARMEN GENERAL CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CARPENTER'S ARMS (MIDLANDS) TRUST | £1.8m | — | 0 | below | — | no doubt |
| THE CARPENTERS COMPANY CHARITABLE TRUST | £2.0m | — | 0 | within | — | no doubt |
| ARMLEY HELPING HANDS | £307k | — | 0 | unclear | — | noted |
| The Carpenters' and Dockland Community Centre | £336k | — | 0 | unclear | — | no doubt |
| NORTON FOLGATE TRUST | £353k | — | 0 | above | — | no doubt |
| HANDCRAFTED PROJECTS | £2.3m | — | 0 | below | — | no doubt |