Charity Accounts Intelreading the accounts so you don’t have to

WOOLWICH SERVICE USERS PROJECT

Registered charity 1175999 · accounts filings on the Charity Commission register · also known as WSUP

The Charity aims to provide support to people in Woolwich who are in financial, mental and/or physical difficulty through a number of on site services such as a food bank, counselling and provision of hygiene care. The Charity provides an area where community members can gather without conflict or judgement.

Causes: Disability · The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£185k
Latest spending
£248k
Registered
2017
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £368,606, which is above the trustees' stated policy target of approximately £125,000 (equivalent to six months of running costs). The charity reported a net deficit of £63,297 for the year, primarily due to a significant increase in charitable expenditure, but maintains a healthy cash position of £338,728.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 6 months running costs, based on current performance this is around £125,000 (held: £369k)
“The trustees seek to maintain a level of reserves equivalent to 6 months running costs, based on current performance this is around £125,000.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation from Max Communications, in which David Cordery is a director.
“The charity received a donation for £1,000 from Max Communications, in which David Cordery is a director.” — page 20
“The charity made payments totalling £14,825 to Dariusz Karwacki for consultancy services provided before being employed as the charity Chief Executive.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Dariusz Karwacki for consultancy services before employment as CEO.
“The charity received a donation for £1,000 from Max Communications, in which David Cordery is a director.” — page 20
“The charity made payments totalling £14,825 to Dariusz Karwacki for consultancy services provided before being employed as the charity Chief Executive.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Woolwich Service Users Project (WSUP) (matched by registered charity number).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bexley · Greenwich · Lewisham

Income and spending

Financial year endIncomeSpending
31/03/2025£185k£248k
31/03/2024£461k£99k
31/03/2023£33k£31k
31/03/2022£35k£24k
31/03/2021£28k£22k

Common questions

Is WOOLWICH SERVICE USERS PROJECT financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £368,606, which is above the trustees' stated policy target of approximately £125,000 (equivalent to six months of running costs). The charity reported a net deficit of £63,297 for the year, primarily due to a significant increase in charitable expenditure, but maintains a healthy cash position of £338,728. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund28/06/2024£20kWSUP