240PROJECT

Registered charity 1180267 · accounts filings on the Charity Commission register

240Project provides a safespace and activity centre for the vulnerable and excluded, particularly those with experience of homelessness. We offer arts, health, counselling and wellbeing groups and activities, internet access, one-to-one practical support, group art trips, wellbeing trips and more. We aim to enrich our members lives and help people out of isolation and into a full vibrant life.

Causes: Disability · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Recreation · website · Get email alerts

Latest income
£174k
Latest spending
£170k
Registered
2018
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a small surplus of £4,168 for the year, with total incoming resources of £174,386 against expenditure of £170,218. Per the trustees' report, unrestricted reserves increased to £35,440, which represents approximately three months of operating costs, while the charity continues to work toward building reserves to six months of operating costs.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 6 months of operating costs (held: £35k)
“We continue working toward building reserves to 6 months of operating costs to ensure stability in an increasingly competitive fundraising environment.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

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

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

Register events

Trustees · trustee networks

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

Operates in: Brent · Hammersmith And Fulham · Kensington And Chelsea

Income and spending

Financial year endIncomeSpending
31/12/2024£174k£170k
31/12/2023£127k£146k
31/12/2022£120k£134k
31/12/2021£84k£101k
31/12/2020£128k£101k

Common questions

Is 240PROJECT financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a small surplus of £4,168 for the year, with total incoming resources of £174,386 against expenditure of £170,218. Per the trustees' report, unrestricted reserves increased to £35,440, which represents approximately three months of operating costs, while the charity continues to work toward building reserves to six months of operating costs. Its FY2024 accounts were independently examined.

Who funds 240PROJECT?

Funders whose own accounts filings name 240PROJECT as a grant recipient include THE WILLIAM ALLEN YOUNG CHARITABLE TRUST, THE DWF FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE WILLIAM ALLEN YOUNG CHARITABLE TRUSTFY2024£2k
THE DWF FOUNDATIONFY2024£1k

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund05/01/2024£19kHealth and Wellness Project
UK government03/08/2020£10kCoronavirus Community Support Fund

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HEALTHY LIVING PROJECTS LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
240PROJECT£174k—0unclear—no doubt
HEALTHY LIVING PROJECTS LIMITED FY2025£549k—0above—no doubt
YORK ROAD PROJECT FY2025£832k—0unclear—no doubt
PROJECT 34 FY2024£723k—0above—no doubt
C4WS HOMELESS PROJECT FY2026£368k—0above—no doubt
THE NEHEMIAH PROJECT FY2024£1.2m——unclear8.0%no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.