SMETHWICK ASRA LIMITED

Registered charity 519620 · accounts filings on the Charity Commission register · also known as SMETHWICK ASRA, THE SMETHWICK ASRA PROJECT

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Latest income
£1.4m
Latest spending
£1.3m
Registered
1987
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity generated a surplus of £42,038 for the year ended 31 March 2023, increasing total net assets to £507,230. The trustees report that free reserves stood at £182,771, noting that unrestricted funds are needed to meet working capital requirements and sustain activities in the event of a significant drop in funding. The charity is dependent on Local Authority contracts for the majority of its income, with the trustees actively reviewing reserves policies to build resources from planned operating surpluses.

What the accounts disclose

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

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

Total income
£1.4m
Total spending
£1.3m
Reserves (reported)
£344k
Employees
55

Reported reserves equal ~3.1 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

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

Operates in: Birmingham City · Dudley · Sandwell · Walsall

Income and spending

Financial year endIncomeSpending
31/03/2025£1.4m£1.3m
31/03/2024£1.1m£1.0m
31/03/2023£982k£940k
31/03/2022£855k£838k
31/03/2021£942k£862k

Common questions

Is SMETHWICK ASRA LIMITED financially healthy?

The accounts state that the charity generated a surplus of £42,038 for the year ended 31 March 2023, increasing total net assets to £507,230. The trustees report that free reserves stood at £182,771, noting that unrestricted funds are needed to meet working capital requirements and sustain activities in the event of a significant drop in funding. The charity is dependent on Local Authority contracts for the majority of its income, with the trustees actively reviewing reserves policies to build resources from planned operating surpluses. Its FY2023 accounts were independently examined.