NEWLANDS FURNITURE SERVICE
The charity has expanded its services to a large warehouse and developed a Community Food Bank in the previous 12 month
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £27,980 for the year ended 31 March 2025, resulting in a decrease in total funds from £101,191 to £73,211. The trustees confirmed the charity is a going concern with adequate working capital, though unrestricted reserves fell to £19,286. The document does not disclose a specific reserves policy target for comparison.
What the accounts disclose
Trustees
- BRENDA RHODESchair
- ANGELA SMITHIES
- Daniel Lee
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £123k | £151k |
| 31/03/2024 | £151k | £151k |
| 31/03/2023 | £81k | £76k |
| 31/03/2022 | £46k | £55k |
| 31/03/2021 | £239k | £203k |
Common questions
Is NEWLANDS FURNITURE SERVICE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £27,980 for the year ended 31 March 2025, resulting in a decrease in total funds from £101,191 to £73,211. The trustees confirmed the charity is a going concern with adequate working capital, though unrestricted reserves fell to £19,286. The document does not disclose a specific reserves policy target for comparison. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 28/08/2020 | £9k | Coronavirus Community Support Fund |