M3 PROJECT
M3 is a specialist charity that offers a variety of accommodation services to homelessyoung people and families aged 16-25. This accommodation is provided throughout East Lancashire(Rossendale, Burnley, Pendle, Hyndburn and Ribble Valley) and neighbouring areas.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £7,194 for the year, with total unrestricted funds increasing to £168,348. The trustees confirm that free reserves of £163,692 are sufficient to cover six months of operating costs, meeting their stated reserves policy. While the charity faces challenges regarding funding sustainability after its Lloyds Bank Foundation grant ends, it maintains adequate resources to continue operations.
What the accounts disclose
“This policy aims to reserve 6 months operating costs alongside funds allocated to running costs, staff training and charity growth.”
Corporate structure
- Registered company of the charity Companies House 07024301
Company officers (Companies House)
- BROOKS, Catherine on trustee list
- ROTHWELL, Morgan Philip on trustee list
- COOPER, John on trustee list
- WEINHOLD, Rachel Caroline on trustee list
- HELM, Graham on trustee list
Trustees
- GRAHAM HELMchair
- Catherine Brooks
- John Cooper
- Morgan Rothwell
- Rachel Weinhold
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £393k | £385k |
| 30/09/2024 | £381k | £356k |
| 30/09/2023 | £355k | £345k |
| 30/09/2022 | £316k | £306k |
| 30/09/2021 | £290k | £293k |
Common questions
Is M3 PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £7,194 for the year, with total unrestricted funds increasing to £168,348. The trustees confirm that free reserves of £163,692 are sufficient to cover six months of operating costs, meeting their stated reserves policy. While the charity faces challenges regarding funding sustainability after its Lloyds Bank Foundation grant ends, it maintains adequate resources to continue operations. Its FY2025 accounts were independently examined.
Who funds M3 PROJECT?
Funders whose own accounts filings name M3 PROJECT as a grant recipient include BACUP FELLOWSHIP OF CHURCHES, THE ROSSENDALE METHODIST CIRCUIT.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| BACUP FELLOWSHIP OF CHURCHES | FY2025 | £6k | |
| BACUP FELLOWSHIP OF CHURCHES | FY2023 | £5k | |
| BACUP FELLOWSHIP OF CHURCHES | FY2024 | £5k | |
| BACUP FELLOWSHIP OF CHURCHES | FY2022 | £1k | |
| THE ROSSENDALE METHODIST CIRCUIT | FY2024 | £460 | Grants to Connexional and other Funds |
| THE ROSSENDALE METHODIST CIRCUIT | FY2022 | £200 | Generate |