HANSEATIC UNION
We support migrants, refugees, asylum seekers and British clients to overcome barriers to living autonomously.
Financial health, per its FY2025 accounts
The accounts state that the charity holds £20,000 in reserves, with a target of £30,000 to cover three months of staff salaries in case of redundancy. The trustees describe the financial position as a 'Strong position' and note that grants are the key source of funds, with contracts being less significant but hoped to be built upon. No material uncertainties or risks to continuing operations are explicitly disclosed.
What the accounts disclose
“Grants are the key source of funds” — page 7
“£20,000 – aiming for £30000 to cover staff redundancies.” — page 7
Register events
- Received assets from another charity (04/03/2025)
Trustees
- Alla Apostol
- Giorgia Micco
- Jess Rudd
- Kasandra Kozyreva
- Victoria Sorokin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £239k | £211k |
Common questions
Is HANSEATIC UNION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds £20,000 in reserves, with a target of £30,000 to cover three months of staff salaries in case of redundancy. The trustees describe the financial position as a 'Strong position' and note that grants are the key source of funds, with contracts being less significant but hoped to be built upon. No material uncertainties or risks to continuing operations are explicitly disclosed.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 29/07/2024 | £22k | Unrestricted Funding |
| The National Lottery Community Fund | 21/06/2023 | £141k | A journey |
| Sport England | 12/04/2023 | £1k | Moving Migrants |