THE JUNCTION 42 FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £12,558 for the year, with total income of £711,256 and total expenditure of £698,698. The trustees note that unrestricted reserves of £337,014 are below the stated policy target of 32 weeks' operating costs, a situation attributed to being out of contract with the DWP since January 2022. Despite this, the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Unlisted investments represents an investment of 100% of the issued share capital of Junction 42 Social Enterprises Limited, an unlisted dormant company registered in England.” — page 27
Corporate structure
- Registered company of the charity Companies House 08139367
- Trading subsidiary: JUNCTION 42 SOCIAL ENTERPRISES LIMITED Companies House 08173456
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Elizabeth Ruth Miller
- Jennifer Siu Chung Chan
- Mark Nicholas Simpson
- Paul Cassidy
- Rev DAVID JOHN BRYAN
- Ryan Michael Longmuir
- STUART MAIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £921k | £754k |
| 31/03/2024 | £711k | £699k |
| 31/03/2023 | £686k | £874k |
| 31/03/2022 | £963k | £913k |
| 31/03/2021 | £883k | £732k |
Common questions
Is THE JUNCTION 42 FOUNDATION financially healthy?
The accounts state that the charity reported a surplus of £12,558 for the year, with total income of £711,256 and total expenditure of £698,698. The trustees note that unrestricted reserves of £337,014 are below the stated policy target of 32 weeks' operating costs, a situation attributed to being out of contract with the DWP since January 2022. Despite this, the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Stephenson Coates Audit Limited.
Who funds THE JUNCTION 42 FOUNDATION?
Funders whose own accounts filings name THE JUNCTION 42 FOUNDATION as a grant recipient include THE TRIANGLE TRUST 1949 FUND, THE ANCHOR FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE TRIANGLE TRUST 1949 FUND | FY2022 | £26k |
| THE ANCHOR FOUNDATION | FY2023 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TZEDOKOH VECHESED LIMITED | 1 | £45k |
| CML - CHEVRAS MO'OZ LADOL | 1 | £38k |
| BELLJOE TZEDOKO LIMITED | 1 | £21k |
| NFL FOUNDATION UK | 1 | £12k |
| CANVEY BRIGHT START LTD | 1 | £7k |
| FRIENDS OF YESHIVA LUZERN | 1 | £1k |