Charity Accounts Intelreading the accounts so you don’t have to

SANDWELL HOMELESS AND RESETTLEMENT PROJECT LIMITED

Registered charity 514302 · accounts filings on the Charity Commission register · also known as SHARP

The provision of accommodation and support for homeless people, teenage parents and their children.

Causes: Education/training · Accommodation/housing · Get email alerts

Latest income
£566k
Latest spending
£502k
Registered
1983
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted reserves of £482,111, which the trustees confirm are sufficient to cover their stated policy target of three months' salary costs plus exceptional closure costs. The charity reports no material uncertainties regarding its ability to continue as a going concern and has a positive net asset position of £1,305,492.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three month's salary costs (including tax and NI costs) plus a sum to cover exceptional costs related to closure / transfer of the charity (held: £482k)
“a prudent level of reserves for the charity to hold would be equivalent to three month's salary costs (including tax and NI costs) plus a sum to cover exceptional costs related to closure / transfer of the charity” — page 9
Per its FY2025 accounts as filed with the Charity Commission.

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

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold); recorded price paid £100k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£566k
Total spending
£502k
Cost of raising funds
£10k
Reserves (reported)
£482k
Employees
15

Reported reserves equal ~11.5 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (89% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.8% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Sandwell

Income and spending

Financial year endIncomeSpending
31/03/2025£566k£502k
31/03/2024£696k£591k
31/03/2023£664k£572k
31/03/2022£726k£643k
31/03/2021£697k£647k

Common questions

Is SANDWELL HOMELESS AND RESETTLEMENT PROJECT LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £482,111, which the trustees confirm are sufficient to cover their stated policy target of three months' salary costs plus exceptional closure costs. The charity reports no material uncertainties regarding its ability to continue as a going concern and has a positive net asset position of £1,305,492. Its FY2025 accounts were independently examined.

Who funds SANDWELL HOMELESS AND RESETTLEMENT PROJECT LIMITED?

Funders whose own accounts filings name SANDWELL HOMELESS AND RESETTLEMENT PROJECT LIMITED as a grant recipient include THE EDWARD CADBURY CHARITABLE TRUST, THE GRIMMITT TRUST, THE COLE CHARITABLE TRUST, THE MICHAEL MARSH CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE EDWARD CADBURY CHARITABLE TRUSTFY2024£4kCommunity Projects and Integration
THE GRIMMITT TRUSTFY2025£3k
THE GRIMMITT TRUSTFY2023£3k
THE COLE CHARITABLE TRUSTFY2025£2kCare and Social Welfare
THE GRIMMITT TRUSTFY2024£2k
THE MICHAEL MARSH CHARITABLE TRUSTFY2024£2kRelief of Poverty
THE COLE CHARITABLE TRUSTFY2023£2kCare and Social Welfare
THE COLE CHARITABLE TRUSTFY2024£2kCare and Social Welfare
THE MICHAEL MARSH CHARITABLE TRUSTFY2023£2kRelief of Poverty
THE COLE CHARITABLE TRUSTFY2022£1kCare and Social Welfare
THE MICHAEL MARSH CHARITABLE TRUSTFY2022£1k

Government & lottery funding

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

FunderDateAmountPurpose
UK government17/07/2020£49kCoronavirus Community Support Fund