BRIGHTON & HOVE WOOD RECYCLING PROJECT LTD
Diverting waste wood away from landfill and incineration in East and West Sussex. Promoting the re-use and recycling of waste wood. Seeking to establish, and raise awareness of, a circular economy. Producing new products from reclaimed timber at our workshop in Brighton. Working with many disadvantaged people, offering accredited training and volunteering opportunities, within a caring environment
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £30,584 for the year, resulting in a decline in total funds from £149,494 to £140,624. The trustees note that while a turnaround plan has led to progress, the ongoing economic conditions present a risk to the company's ability to continue as a going concern. Reserves are currently held at £111,980 in unrestricted funds, with designated funds totaling £50,000 to cover specific risks such as redundancy and wind-up costs.
What the accounts disclose
“One of the trustees received remuneration of £22,110 (2024 ‑ £20,453) from the charitable company during the year for the role of Chief Executive Officer.” — page 17
“In total these designations total £50,000, there is enough liquidity to ensure cashflow for ongoing activities for a minimum period of three months.” — page 5
“However, the ongoing economic conditions and any unforeseen financial difficulties may affect the company's ability to continue as a going concern.”
“One of the trustees received remuneration of £22,110 (2024 ‑ £20,453) from the charitable company during the year for the role of Chief Executive Officer.” — page 17
Trustees
- DAVID NOBBSchair
- Ian Westwood
- Joseph Patrick McNulty
- Merran Stephanie Wrigley
- Neil James Duffy
- Ross Gilbert
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £439k | £468k |
| 31/03/2024 | £459k | £474k |
| 31/03/2023 | £440k | £443k |
| 31/03/2022 | £367k | £393k |
| 31/03/2021 | £237k | £282k |
Common questions
Is BRIGHTON & HOVE WOOD RECYCLING PROJECT LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £30,584 for the year, resulting in a decline in total funds from £149,494 to £140,624. The trustees note that while a turnaround plan has led to progress, the ongoing economic conditions present a risk to the company's ability to continue as a going concern. Reserves are currently held at £111,980 in unrestricted funds, with designated funds totaling £50,000 to cover specific risks such as redundancy and wind-up costs. Its FY2025 accounts were independently examined.
What does the highest-paid employee of BRIGHTON & HOVE WOOD RECYCLING PROJECT LTD earn?
Per its FY2025 accounts, the highest-paid employee was in the £20,001 - £30,000 band.