NEWWAY PROJECT
NEWway Project was set up in 2013 in order to support the rising numbers of homeless people in the London Borough of Newham. Our team works alongside specialist support agencies, local churches and hundreds of local volunteers to provide three core services: NEWdawn - a winter night shelter, NEWday - year round daytime support services, and NEWlife - gardening workshops for local rough sleepers.
Objects
1. THE RELIEF OF POVERTY AND FINANCIAL HARDSHIP OF INDIVIDUALS IN NEED IN NEWHAM AND SURROUNDING AREAS, PARTICULARLY BUT NOT EXCLUSIVELY BY THE PROVISION OF 2. TEMPORARY SHELTER AND FOOD.3. ADVICE AND SUPPORT TO SEEK SUBSEQUENT ACCOMMODATION.4. INFORMATION, GUIDANCE AND SIGNPOSTING TOWARDS MEETING RELATED NEEDS.
Financial health, per its FY2026 accounts
The accounts state that free reserves of £175,289 represent four months of the coming year's operational budget, which the trustees consider sufficient to maintain activities if funding drops. However, the trustees note that a higher level of reserves is required to ensure a smooth shutdown of services should the ongoing Local Authority funding not be forthcoming upon tender. The charity reported a small overall surplus of £590 for the year.
What the accounts disclose
“It is the policy of the charity that general funds which have not been designated for a specific use should be maintained at a level equivalent to three to six-month’s expenditure.” — page 14
“The Trustees feel that a higher level of reserves is required to ensure a smooth shut down of services should this funding not be forthcoming.” — page 14
Year-over-year changes
- Going concern: no going-concern doubt (FY2025) → going-concern doubt noted (FY2026).
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Volunteers: 200
- Government income: £326,654 — contracts £305,154 (1), grants £21,500 (3); 68% of the £477,108 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 300
- Government income: £278,193 — contracts £249,832 (1), grants £28,361 (4); 68% of the £408,701 total gross income on the same return
- Trustee benefits, answered Yes to: any trustee benefit
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 300
- Government income: £73,407 — grants £73,407 (5); 17% of the £439,733 total gross income on the same return
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Structured financials (annual return, FY ending 30/06/2022)
Trustees
- MATTHEW PORTERchair
- Adrian Duffy
- Agnieszka Pogorzelec
- Julian Calver Stallard
- Olukayode Adedoyin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £477k | £477k |
| 31/03/2025 | £409k | £434k |
| 31/03/2024 | £440k | £389k |
| 31/03/2023 | £255k | £285k |
| 30/06/2022 | £551k | £468k |
Common questions
Is NEWWAY PROJECT financially healthy?
Per its FY2026 accounts: The accounts state that free reserves of £175,289 represent four months of the coming year's operational budget, which the trustees consider sufficient to maintain activities if funding drops. However, the trustees note that a higher level of reserves is required to ensure a smooth shutdown of services should the ongoing Local Authority funding not be forthcoming upon tender. The charity reported a small overall surplus of £590 for the year. Its FY2026 accounts were independently examined.
Who funds NEWWAY PROJECT?
Funders whose own accounts filings name NEWWAY PROJECT as a grant recipient include THE MERCERS CHARITABLE FOUNDATION, DRAPERS CHARITABLE FUND, THE ALBERT HUNT TRUST, LONDON CATALYST, EAST END COMMUNITY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MERCERS CHARITABLE FOUNDATION | FY2024 | £38k | Church & Communities Programme |
| THE MERCERS CHARITABLE FOUNDATION | FY2025 | £33k | Church & Communities Programme |
| DRAPERS CHARITABLE FUND | FY2025 | £20k | NEWdawn winter night shelter |
| THE ALBERT HUNT TRUST | FY2023 | £7k | Homelessness appeals |
| LONDON CATALYST | FY2022 | £3k | For the Move-on Coordinator salary to assist the support for rough sleepers and vulnerably housed people |
| EAST END COMMUNITY FOUNDATION | FY2024 | £1k | Contribution towards NEWday services |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARKS FOREST GATE | FY2025 | £500 | Planned Giving |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/09/2025 | £20k | NEWway Employability Programme |
| The Mercers' Company | 04/10/2023 | £104k | Grant to NEWway Project |
| Crowdfunder | 05/05/2022 | £2k | Local Action Fund |
| Greater London Authority | 31/03/2021 | £59k | Grant to NEWway Project |
| UK government | 29/09/2020 | £20k | Coronavirus Community Support Fund |
Funders of similar charities
Charities like this
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEWWAY PROJECT | £477k | — | 0 | within | — | noted |
| YORK ROAD PROJECT | £832k | — | 0 | unclear | — | no doubt |
| NEWHAM COMMUNITY RENEWAL PROGRAMME LIMITED | £2.1m | £80,001 - £90,000 | 1 | unclear | — | no doubt |
| THE NEWBRIDGE PROJECT | £594k | Under £60,000 | 0 | below | — | no doubt |