NEW MEANING FOUNDATION
Construction of modular homes for ex homeless, mainly by use of labour from ex offenders, ex-homeless, special educational needs, social and emotional, mental health and other people from disadvantaged backgrounds, to include training in construction skills, with the objective of assisting them to find future employment.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income surplus of £57,609 for the year ended 30 September 2025, resulting in total unrestricted reserves of £150,721. The trustees consider the financial position satisfactory and note that the charity continues to expand its construction team and secure new contracts. The organization operates a defined contribution pension scheme and has no disclosed pension deficits or material uncertainties regarding its going concern status.
What the accounts disclose
“The trustees seek to hold 6 months of unrestricted reserves.” — page 3
“John Evans, a trustee was remunerated in accordance with the articles of the charity. This was in respect of services supplied for both project management and working as the full time CEO of the charity.” — page 12
Corporate structure
- Registered company of the charity Companies House 08121374
Company officers (Companies House)
- JALLOW, Eliman on trustee list
- DAWSON, Tracy on trustee list
- ZIPP, Peter on trustee list
- BECKETT, Alexander George Ward on trustee list
- EVANS, John Christopher not on trustee list
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- Alexander George Ward Beckett
- Eliman Jallow
- JOHN CHRISTOPHER EVANS BSC
- Peter Zipp
- Tracy Dawson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £785k | £727k |
| 30/09/2024 | £510k | £476k |
| 30/09/2023 | £587k | £553k |
| 30/09/2022 | £415k | £472k |
| 30/09/2021 | £460k | £371k |
Common questions
Is NEW MEANING FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income surplus of £57,609 for the year ended 30 September 2025, resulting in total unrestricted reserves of £150,721. The trustees consider the financial position satisfactory and note that the charity continues to expand its construction team and secure new contracts. The organization operates a defined contribution pension scheme and has no disclosed pension deficits or material uncertainties regarding its going concern status. Its FY2025 accounts were independently examined.
Who funds NEW MEANING FOUNDATION?
Funders whose own accounts filings name NEW MEANING FOUNDATION as a grant recipient include HOPESTEAD, THE JOHN APTHORP CHARITY, THE SIMON GIBSON CHARITABLE TRUST, THE AUSTIN AND HOPE PILKINGTON TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| HOPESTEAD | FY2024 | £10k | |
| THE JOHN APTHORP CHARITY | FY2023 | £4k | Towards construction tools |
| THE SIMON GIBSON CHARITABLE TRUST | FY2023 | £3k | |
| THE AUSTIN AND HOPE PILKINGTON TRUST | FY2024 | £1k | Round One - Projects for improving employment prospects for people with disabilities |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MONDAY CHARITABLE TRUST | 1 | £2.8m |
| THE NEIGHBOURLY FOUNDATION | 1 | £1.6m |
| The Merchant Taylors' Foundation | 1 | £200k |
| JOHN LYON'S CHARITY | 1 | £180k |
| THE HABERDASHERS' FOUNDATION | 1 | £101k |
| CHK Foundation | 1 | £100k |
| WALCOT EDUCATIONAL FOUNDATION | 1 | £100k |
| WATES FAMILY ENTERPRISE TRUST | 1 | £90k |
Charities like this
- CONSTRUCTION INDUSTRY TRUST FOR YOUTH
- COMMUNITIES AND HOUSING INVESTMENT IN PEOPLE
- Salford City FC Foundation
- TRINITY HOMELESS PROJECTS
- B&Q Foundation
- CALICO HOMES LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW MEANING FOUNDATION | £785k | — | 0 | unclear | — | no doubt |
| CONSTRUCTION INDUSTRY TRUST FOR YOUTH | £1.9m | £80,001 - £90,000 | 1 | below | — | no doubt |
| COMMUNITIES AND HOUSING INVESTMENT IN PEOPLE | £207k | — | 0 | within | — | no doubt |
| Salford City FC Foundation | £1.7m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| TRINITY HOMELESS PROJECTS | £5.9m | £70,001 - £80,000 | 2 | unclear | — | no doubt |
| B&Q Foundation | £2.8m | — | 0 | unclear | — | no doubt |