RESTORE (CUMBRIA)

Registered charity 1187078 · accounts filings on the Charity Commission register · also known as OPSHOPS (HELPING COMMUNITIES GROW)

Restore (Cumbria) exists to help create new lives and opportunities for people, including but not restricted to the work and ministry of the OpShops, the Repair Cafe and the Men in Sheds project.

Causes: General Charitable Purposes · Disability · The Prevention Or Relief Of Poverty · Religious Activities · Recreation · website · Get email alerts

Latest income
£434k
Latest spending
£399k
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net unrestricted fund surplus of £2,907 and total net assets of £138,570, an increase from the previous year's £104,465. The trustees note that while reserves are currently below their three-month working capital policy target, they have received support from the Carlisle Diocesan Board of Finance and remain confident in the charity's ability to continue its activities.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £87k)
This has not been possible over the last year due to challenging environment resulting from the Covid pandemic. The Trustees are confident that the negative unrestricted reserves can be turned around to ensure that there are sufficient reserves to continue the current activities of the charity in the event of a significant drop in funding. — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

4 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Cumbria

Income and spending

Financial year endIncomeSpending
31/12/2024£434k£399k
31/12/2023£362k£351k
31/12/2022£392k£314k
31/12/2021£266k£320k
31/12/2020£205k£137k

Common questions

Is RESTORE (CUMBRIA) financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net unrestricted fund surplus of £2,907 and total net assets of £138,570, an increase from the previous year's £104,465. The trustees note that while reserves are currently below their three-month working capital policy target, they have received support from the Carlisle Diocesan Board of Finance and remain confident in the charity's ability to continue its activities. Its FY2024 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund01/03/2024£15kRestore Cumbria Social Space