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THE ISAIAH PROJECT

Registered charity 1156428 · accounts filings on the Charity Commission register

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Latest income
£1.5m
Latest spending
£1.4m
Registered
2014
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity generated a surplus of £77,549 for the year ended 31 March 2023, with total income of £1,067,342 and total expenditure of £1,020,126. The trustees report that unrestricted reserves are maintained at a level equivalent to approximately three months of expenditure, which they consider sufficient to ensure continuity in the event of a significant drop in funding. The charity confirms it has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £458k)
“It is the policy of the charity that unrestricted funds which have not been designated for a speciTic use should be maintained at a level equivalent to approximately three month's expenditure.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: Isaiah Project Limited
“The Isaiah Project rents 50 of these properties and owns 3 (2 of which are through a Limited Company Isaiah Project Limited).” — page 5
Per its FY2023 accounts as filed with the Charity Commission.

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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.5m
Total spending
£1.4m
Cost of raising funds
£345k
Reserves (reported)
£661k
Employees
31

Reported reserves equal ~5.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Southend-on-sea

Income and spending

Financial year endIncomeSpending
31/03/2025£1.5m£1.4m
31/03/2024£1.3m£1.2m
31/03/2023£1.1m£1.0m
31/03/2022£1.0m£952k
31/03/2021£986k£853k

Common questions

Is THE ISAIAH PROJECT financially healthy?

The accounts state that the charity generated a surplus of £77,549 for the year ended 31 March 2023, with total income of £1,067,342 and total expenditure of £1,020,126. The trustees report that unrestricted reserves are maintained at a level equivalent to approximately three months of expenditure, which they consider sufficient to ensure continuity in the event of a significant drop in funding. The charity confirms it has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were independently examined.