NW7 HUB
The charity's objects are, for the public benefit, to provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £28,146 for the year, resulting in a decrease in total funds from £154,959 to £126,813. Despite this deficit, the trustees report that the charity remained financially stable and had sufficient resources to meet liabilities as they fell due. Unrestricted reserves stood at £122,976, providing a buffer against the operational loss.
What the accounts disclose
“NW7 Hub Trading Ltd is a wholly owned subsidiary of the company.” — page 17
Trustees
- Adam Morley
- Alireza Ghaffari FCA
- Honey Rouhani
- Victoria Margaret Doig
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £52k | £80k |
| 31/03/2024 | £79k | £55k |
| 31/03/2023 | £99k | £76k |
| 31/03/2022 | £122k | £45k |
| 31/03/2021 | £67k | £28k |
Common questions
Is NW7 HUB financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £28,146 for the year, resulting in a decrease in total funds from £154,959 to £126,813. Despite this deficit, the trustees report that the charity remained financially stable and had sufficient resources to meet liabilities as they fell due. Unrestricted reserves stood at £122,976, providing a buffer against the operational loss. Its FY2025 accounts were independently examined.