FOREST UPCYCLING PROJECT
The Forest Upcycling Project collects unwanted furniture and electrical goods in the Forest of Dean and works with disabled and unemployed people to repair and upcycle it selling to everyone, but to low income families at very reduced rates (and if needed free). Groups benefitting include people that believe in reuse and recycling, disabled, unemployed and philanthropists willing to volunteer.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating surplus of £36,291 for the year ended 31 May 2025, compared to a deficit in the previous year. Per the trustees' report, unrestricted reserves stood at £325,473, which is above the stated policy target of £120,000.
What the accounts disclose
“The Trustees consider it prudent to maintain unrestricted reserves equivalent to approximately one to two months of normal operating expenditure, which at the year-end equates to a minimum target reserve of £120,000.” — page 18
Structured financials (annual return, FY ending 01/06/2025)
Trustees
- Tanya Jenkinschair
- Caroline Reader
- Carys Jenkins-Jones
- Chelsea Durham
- Jennifer Jenkins
- Luke Greenway
- MATTHEW JONES
- Roger Burrows
- lacey hudson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/06/2025 | £998k | £962k |
| 01/06/2024 | £926k | £929k |
| 01/06/2023 | £747k | £634k |
| 01/06/2022 | £601k | £577k |
| 01/06/2021 | £468k | £430k |
Common questions
Is FOREST UPCYCLING PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating surplus of £36,291 for the year ended 31 May 2025, compared to a deficit in the previous year. Per the trustees' report, unrestricted reserves stood at £325,473, which is above the stated policy target of £120,000. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/08/2022 | £49k | Keeping Upcycle on the road |
| The National Lottery Community Fund | 06/12/2019 | £8k | Taking Upcycle to new heights! |
| The National Lottery Community Fund | 02/05/2018 | £8k | Moving Upcycle onwards and upwards |