NEW-U ENTERPRISES LTD

Registered charity 1186761 · accounts filings on the Charity Commission register

New-U provides support to long term unemployed people via meaningful work experience opportunities in a clothes and accessories swap shop. We provide individualised support to increase confidence, self-esteem and skills to move towards work, training or volunteering. We encourage the wider public to re-use textiles and reduce waste.

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

Latest income
£151k
Latest spending
£135k
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves were £111,422, which meets the trustees' policy of maintaining a minimum of six months' running costs. The charity reported a net expenditure of £24,806 for the year, resulting in a decrease in total funds from £149,948 to £125,142. The trustees confirm the charity remains a going concern supported by confirmed grants and healthy liquidity.

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

What the accounts disclose

Reserves policy: minimum of 6 months running costs (held: £111k)
“It is our policy is to have a minimum of 6 months running costs in reserves.”
Per its FY2024 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — New-U (matched by registered charity number).

Register events

Trustees · trustee networks

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

Operates in: Norfolk

Income and spending

Financial year endIncomeSpending
30/11/2025£151k£135k
30/11/2024£124k£148k
30/11/2023£124k£163k
30/11/2022£336k£215k
30/11/2021£86k£90k

Common questions

Is NEW-U ENTERPRISES LTD financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves were £111,422, which meets the trustees' policy of maintaining a minimum of six months' running costs. The charity reported a net expenditure of £24,806 for the year, resulting in a decrease in total funds from £149,948 to £125,142. The trustees confirm the charity remains a going concern supported by confirmed grants and healthy liquidity. Its FY2024 accounts were independently examined.

Who funds NEW-U ENTERPRISES LTD?

Funders whose own accounts filings name NEW-U ENTERPRISES LTD as a grant recipient include Norwich Freemen's Charity.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
Norwich Freemen's CharityFY2025£15kCreating a digital points system for a pre-loved clothing shop

Government & lottery funding

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

FunderDateAmountPurpose
Postcode Lottery29/10/2024£3kUnrestricted Funding
The National Lottery Community Fund23/05/2024£245kNew-U to You
The National Lottery Community Fund02/12/2022£10kNew-U in Thetford
The National Lottery Community Fund04/10/2021£150kCircular Fashion Economy
The National Lottery Community Fund24/01/2020£10kOver To-U
The National Lottery Community Fund26/02/2019£87kNew U Legacy Project