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ACTIVENEWHAM

Registered charity 1157266 · accounts filings on the Charity Commission register

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Latest income
£7.6m
Latest spending
£7.6m
Registered
2014
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity achieved a break-even position for the year ended 31 March 2023, resulting in a nil net movement in funds. However, the charity holds unrestricted reserves of negative £105,280, indicating a net liability position. The trustees confirm that the charity is no longer a going concern as it intends to cease operations and dissolve following the end of its management contract with the London Borough of Newham on 31 March 2024.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“As at 31 March 2023, activeNewham has a net liability of £105,280, on the unrestricted fund account.” — page 10
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“activeNewham is not a going concern, as the trustees intend to transfer its activities and staff to a new operator with effect from 1 April 2024.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Members of the board are also councillors of London Borough of Newham. The charity receives significant funding from LB Newham (47% of total revenue).
“There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties. Members of the board are also councillors of London Borough of Newham, but they act as independent trustees for activeNewham.” — page 29
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 3 of 6 completeness components.

Public fundraising profile: JustGiving — activeNewham (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2023)

Total income
£7.6m
Total spending
£7.6m
Reserves (reported)
£0
Employees
186

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Newham

Income and spending

Financial year endIncomeSpending
31/03/2025——
31/03/2024——
31/03/2023£7.6m£7.6m
31/03/2022£6.0m£6.0m
31/03/2021£5.7m£5.7m

Common questions

Is ACTIVENEWHAM financially healthy?

The accounts state that the charity achieved a break-even position for the year ended 31 March 2023, resulting in a nil net movement in funds. However, the charity holds unrestricted reserves of negative £105,280, indicating a net liability position. The trustees confirm that the charity is no longer a going concern as it intends to cease operations and dissolve following the end of its management contract with the London Borough of Newham on 31 March 2024. Its FY2023 accounts were audited by Sayer Vincent LLP.