DOORSTEP OF HULL
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £91,372 for the year, resulting in a decrease in total funds. While unrestricted reserves of £1,483,478 are held, the trustees note this falls short of their stated policy target of 12 months' operating costs, representing approximately 8 months' running expenditure. The charity is currently investing in property acquisitions to build capacity and hopes this will lead to future surpluses.
What the accounts disclose
“Free reserves available as working capital amounted to £1,483,478 which represents approximately 8 months running expenditure. This falls short of the Trustees' policy of having 12 months running costs.” — page 7
“The project director, Peter Drinkell occupies the first floor of the Charitable Company's offices under a tenancy agreement at a market rate. During the year he paid rent to the Charitable Company amounting to £2,081 (2024 £3,072). No remuneration, benefits or expenses were received by any directors or trustees during the year in respect of their services to the Charitable Company. There are no other related parties or related party transactions.” — page 22
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (15/06/2015)
Trustees
- Denis Scanlan
- Karl Robinson
- Rosalind Helen Saunders
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.2m | £2.3m |
| 31/03/2024 | £2.1m | £2.1m |
| 31/03/2023 | £1.9m | £2.0m |
| 31/03/2022 | £1.9m | £2.0m |
| 31/03/2021 | £1.9m | £1.8m |
Common questions
Is DOORSTEP OF HULL financially healthy?
The accounts state that the charity reported a net expenditure of £91,372 for the year, resulting in a decrease in total funds. While unrestricted reserves of £1,483,478 are held, the trustees note this falls short of their stated policy target of 12 months' operating costs, representing approximately 8 months' running expenditure. The charity is currently investing in property acquisitions to build capacity and hopes this will lead to future surpluses. Its FY2025 accounts were audited by HPH.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MRS SMITH AND MOUNT TRUST | 1 | £20k |
| HYDE PARK PLACE ESTATE CHARITY | 1 | £13k |
| THE CRUCIBLE FOUNDATION | 1 | £10k |
| STRAND PARISHES TRUST | 1 | £10k |
| SIR JEREMIAH COLMAN GIFT TRUST | 1 | £9k |
| COLEFAX CHARITABLE TRUST | 1 | £7k |
| THE TRUEMARK TRUST | 1 | £7k |
| Q CHARITABLE TRUST | 1 | £5k |