RESET COMMUNITIES AND REFUGEES LTD
Financial health, per its FY2023 accounts
The accounts state a surplus for the year of £589,723, with total funds increasing to £804,604. The charity holds unrestricted reserves of £219,217, which the trustees confirm are in line with their stated policy target of three months' operating costs. The auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“One employee received employee benefits between £70,000 - £79,999 during the year (2022: No employee earned more that £60,000).” — page 27
“One employee received employee benefits between £70,000 - £79,999 during the year (2022: No employee earned more that £60,000).” — page 27
“The Trustees have agreed to build and sustain Reset’s financial reserves at a level equivalent to three month’s operating costs. The present levels of free reserves available to the Charity are in line with the target reserve.” — page 14
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Eleanor Mary Staceychair
- Dr Shilla Mutamba
- Hilary Janet Adams
- Liam Barry Sloan
- Rachael Helen Chapple
- Richard Gordon Bell
- Timothy Andrew Ambrose Finch
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £504k | £645k |
| 31/03/2024 | £560k | £993k |
| 31/03/2023 | £2.2m | £1.6m |
| 31/03/2022 | £884k | £712k |
| 31/03/2021 | £395k | £480k |
Common questions
Is RESET COMMUNITIES AND REFUGEES LTD financially healthy?
The accounts state a surplus for the year of £589,723, with total funds increasing to £804,604. The charity holds unrestricted reserves of £219,217, which the trustees confirm are in line with their stated policy target of three months' operating costs. The auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Haines Watts.
What does the highest-paid employee of RESET COMMUNITIES AND REFUGEES LTD earn?
Per its FY2023 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LADY FATEMAH (A.S.) CHARITABLE TRUST | 1 | £149k |
| LEEDS BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £47k |
| THE BARTLETT FOUNDATION | 1 | £13k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BARNABAS, WINCHESTER | 1 | £5k |
| NEWBY TRUST LIMITED | 1 | £5k |