THE USEFUL WOOD COMPANY

Registered charity 1182905 · accounts filings on the Charity Commission register

1. The relief of unemployment for the benefit of the public in such ways as may be thought fit, including assistance to find employment, work placements, training and volunteering opportunities 2. To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate.

Causes: The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£349k
Latest spending
£288k
Registered
2019
Accounts read
FY2025

Financial health, per its FY2025 accounts

The charity reported a surplus of £67,385 for the year ended 31 March 2025, with total income of £354,895 against expenditure of £287,510. Unrestricted reserves stood at £232,841, which the trustees hold to enable future relocation from their current rent-free premises. The accounts state that the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.

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

What the accounts disclose

Reserves policy: unclear (held: £233k)
We are mindful that new premises may be needed from 2028 with the resulting substantial increase in cost and the trustees continue to hold reserves in the charity in order to enable relocation in the future.
Per its FY2025 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

Trustees · trustee networks

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

Operates in: Surrey

Income and spending

Financial year endIncomeSpending
31/03/2025£349k£288k
31/03/2024£304k£259k
31/03/2023£254k£229k
31/03/2022£118k£62k
31/03/2021£118k£62k

Common questions

Is THE USEFUL WOOD COMPANY financially healthy?

Per its FY2025 accounts: The charity reported a surplus of £67,385 for the year ended 31 March 2025, with total income of £354,895 against expenditure of £287,510. Unrestricted reserves stood at £232,841, which the trustees hold to enable future relocation from their current rent-free premises. The accounts state that the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.