CORNER HOUSE @ NEWTOWN
The Corner House Youth Project in Stockton provides services for young people and families who are on the margins of society due to personal or economic status in order to gain greater control. By enabling young people to identify their own needs and aspirations encourage young people to participate positively in their communities and support young people into education, training and employment
Financial health, per its FY2025 accounts
The accounts state that the charity reported an excess of income over expenditure of £19,865 for the year ended 31 March 2025, reversing a deficit from the previous year. Per the trustees' report, unrestricted reserves stood at £164,774, which exceeds the stated policy target of three months' operational costs estimated at £30,000. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The charity aims to build up cash reserves to ensure that there are sufficient unrestricted funds to cover a minimum of three months operations costs currently estimated to be £30K.” — page 7
Funders the charity credits
- Office of Police and Crime Commissioner for Cleveland
Trustees
- Steve Joycechair
- Andrew Charles Bright
- Angela Henderson
- Brenda Kirby
- Jacky Duncan
- Katarzyna Urban
- Robert Bell
- Savita Sathe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £392k | £372k |
| 31/03/2024 | £360k | £380k |
| 31/03/2023 | £349k | £351k |
| 31/03/2022 | £308k | £377k |
| 31/03/2021 | £373k | £322k |
Common questions
Is CORNER HOUSE @ NEWTOWN financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an excess of income over expenditure of £19,865 for the year ended 31 March 2025, reversing a deficit from the previous year. Per the trustees' report, unrestricted reserves stood at £164,774, which exceeds the stated policy target of three months' operational costs estimated at £30,000. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds CORNER HOUSE @ NEWTOWN?
Funders whose own accounts filings name CORNER HOUSE @ NEWTOWN as a grant recipient include THE BALLINGER CHARITABLE TRUST, TEES VALLEY COMMUNITY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BALLINGER CHARITABLE TRUST | FY2023 | £25k | |
| THE BALLINGER CHARITABLE TRUST | FY2024 | £20k | |
| TEES VALLEY COMMUNITY FOUNDATION | FY2022 | £700 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 08/03/2024 | £20k | Newtown Youth Club |
| The National Lottery Community Fund | 28/10/2022 | £10k | Open Access Youth Club - Newtown and Yarm |
| UK government | 05/08/2020 | £35k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 08/09/2011 | £8k | The Back on Tracks Education Project |
| The National Lottery Community Fund | 07/09/2005 | £99k | Youth Participation Worker |