Charity Accounts Intelreading the accounts so you don’t have to

NEW ERA FOUNDATION LTD.

Registered charity 1152801 · accounts filings on the Charity Commission register · also known as MILESTONE FOUNDATION · repeated filing default (register status)

The New Era Foundation has been established to tackle three key social problems; youth unemployment, lack of safe spaces and activities and lack of activities to develop emotional intelligence. By reducing offending/unemployment by providing education, training and employment thereby creating safer places and safer communities.

Causes: Education/training · Amateur Sport · Economic/community Development/employment · Recreation · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£854k
Latest spending
£906k
Registered
2013
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity is being wound up and the financial statements were prepared on a break-up basis rather than a going concern basis due to significant funding challenges. Per the trustees' report, unrestricted reserves were £100,196, which the trustees consider sufficient to enable an orderly withdrawal and honour commitments to project funders, employees, and creditors.

Automated summary of the FY2022 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: more than £60,000 — below the median for charities its size (£60k)
“One employee earned more than £60,000 during the year (2021: none).” — page 18
Per its FY2022 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee earned more than £60,000 during the year (2021: none).” — page 18
Per its FY2022 accounts as filed with the Charity Commission.
Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)
“The accounts have been prepared on a break up basis rather than a going concern basis for the reasons outlined below.” — page 13
Per its FY2022 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Structured financials (annual return, FY ending 30/06/2022)

Total income
£854k
Total spending
£906k
Cost of raising funds
£227k
Reserves (reported)
£53k
Employees
11

Reported reserves equal ~0.7 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (87% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 26.6% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/06/2025——
30/06/2024——
30/06/2023——
30/06/2022£854k£906k
30/06/2021£668k£613k

Common questions

Is NEW ERA FOUNDATION LTD. financially healthy?

Per its FY2022 accounts: The accounts state that the charity is being wound up and the financial statements were prepared on a break-up basis rather than a going concern basis due to significant funding challenges. Per the trustees' report, unrestricted reserves were £100,196, which the trustees consider sufficient to enable an orderly withdrawal and honour commitments to project funders, employees, and creditors. Its FY2022 accounts were independently examined.

What does the highest-paid employee of NEW ERA FOUNDATION LTD. earn?

Per its FY2022 accounts, the highest-paid employee was in the more than £60,000 band, and 1 employees earned over £60,000.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
A B Charitable Trust22/04/2021£10kA grant to New Era Foundation

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
TRUST FOR LONDON2£226k
EAST END COMMUNITY FOUNDATION2£55k
CHARLES S FRENCH CHARITABLE TRUST2£14k
FRIENDS PROVIDENT CHARITABLE FOUNDATION1£266k
THE NATIONWIDE FOUNDATION1£242k
THE JOSEPH ROWNTREE CHARITABLE TRUST1£121k
JOHN ELLERMAN FOUNDATION1£100k
THE OVO CHARITABLE FOUNDATION1£99k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NEW BEGINNINGS FOUNDATION CIO.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
NEW ERA FOUNDATION LTD.£854kmore than £60,0001unclear—not going concern
NEW BEGINNINGS FOUNDATION CIO FY2026£813k——unclear—no doubt
NEWHAM FOUNDATION FY2025£305k—0below—no doubt
EA FOUNDATION FY2025£85k——unclear—no doubt
NEWARK YOUTH LONDON LIMITED FY2025£554k—0within—no doubt
THE NEWSTAR FOUNDATION FY2025£260k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.