THE SOHO RECOVERY CENTRE
The SRC is a safe space in the heart of London for 12-Step recovery meetings, available to any 12 Step Fellowship group such as Alcoholics Anonymous, Narcotics Anonymous, Cocaine Anonymous, Crystal Meth Anonymous, AlAnon and Anorexics and Bulimics Anonymous etc. for their meetings to take place.It is open 365 days a year.
Objects
THE OBJECTS OF THE CIO ARE, FOR THE PUBLIC BENEFIT:-1) THE ADVANCEMENT OF HEALTH AND THE PREVENTION OF ILL HEALTH OF PERSONS SUFFERING FROM ADDICTIONS INCLUDING BUT NOT LIMITED TO DRUG AND ALCOHOL ADDICTION; AND2) THE SUPPORT AND RELIEF OF INDIVIDUALS, FAMILIES AND COMMUNITIES AFFECTED BY THE HEALTH, SOCIAL AND OTHER PROBLEMS RELATED TO ADDICTIONS INCLUDING BUT NOT LIMITED TO DRUG AND ALCOHOL ADDICTION.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £8,428 for the year, resulting in unrestricted reserves decreasing from £53,207 to £44,779. The trustees note that while the charity had a successful year with increased meeting attendance, it spent more on charitable activities than it raised in income. The trustees consider the current reserve level of £44,779 to be consistent with their policy of maintaining three to six months of expenditure, ensuring the charity can continue activities if funding drops.
What the accounts disclose
“Meeting donations 101,713” — page 11
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity 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
- Risk management
- 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
Trustees
- ALEX ILIADIS-KOUTSIKOS
- Daniel Sheahan
- George Boyd
- JOSEPH TOWNLEY
- Jacqueline Withey
- KEVIN MICHAEL MACLELLAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £106k | £114k |
| 31/03/2024 | £102k | £116k |
| 31/03/2023 | £124k | £107k |
| 31/03/2022 | £50k | £89k |
| 31/03/2021 | £47k | £53k |
Common questions
Is THE SOHO RECOVERY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £8,428 for the year, resulting in unrestricted reserves decreasing from £53,207 to £44,779. The trustees note that while the charity had a successful year with increased meeting attendance, it spent more on charitable activities than it raised in income. The trustees consider the current reserve level of £44,779 to be consistent with their policy of maintaining three to six months of expenditure, ensuring the charity can continue activities if funding drops. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 09/10/2020 | £16k | Coronavirus Community Support Fund |