WADDINGTON STREET CENTRE LIMITED
Waddington Street Centre specialises in the provision of a wide range of learning opportunities for people experiencing mental health difficulties. We aim to help people live fulfilling lives in the community by offering opportunities for personal development, social interaction, and by supporting recovery. We are also committed to countering stigma and discrimination.
Financial health, per its FY2025 accounts
The accounts state that the charity made an overall deficit of £58,420 during the year, a slight improvement from the previous year's deficit of £62,091. Per the trustees' report, the charity remains in a better financial position following a staff restructure and redundancy process, with unrestricted reserves of £251,672 available, though the board notes it is still working towards meeting its reserve policy target.
What the accounts disclose
“With £108k designated by the board from Reserves the Centre has £129,495 available, equating too circa. 5 months running costs.”
Property (HM Land Registry)
Trustees
- PROF FRED ROBINSONchair
- David Shipman
- Dr David Anthony Blazey
- Jeff Dean
- LOUISE TOMS
- Stephen Rowntree
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £310k | £368k |
| 31/03/2024 | £276k | £338k |
| 31/03/2023 | £263k | £354k |
| 31/03/2022 | £408k | £370k |
| 31/03/2021 | £360k | £341k |
Common questions
Is WADDINGTON STREET CENTRE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity made an overall deficit of £58,420 during the year, a slight improvement from the previous year's deficit of £62,091. Per the trustees' report, the charity remains in a better financial position following a staff restructure and redundancy process, with unrestricted reserves of £251,672 available, though the board notes it is still working towards meeting its reserve policy target. Its FY2025 accounts were independently examined.
Who funds WADDINGTON STREET CENTRE LIMITED?
Funders whose own accounts filings name WADDINGTON STREET CENTRE LIMITED as a grant recipient include Point North Community Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| Point North Community Foundation | FY2023 | £36k | |
| Point North Community Foundation | FY2022 | £24k | NHS Charities Together / Health Improvement |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 20/06/2019 | £6k | The Waddy Lift project |
| The National Lottery Community Fund | 29/04/2015 | £3k | WSC Boiler Replacement Project |
| Northern Rock Foundation | 15/10/2013 | £67k | Grant awarded to Waddington Street Centre Ltd (Durham) |
| Northern Rock Foundation | 19/07/2010 | £101k | Grant awarded to Waddington Street Centre Ltd (Durham) |
| Northern Rock Foundation | 14/07/2008 | £29k | Grant awarded to Waddington Street Centre Ltd (Durham) |
| Northern Rock Foundation | 11/07/2006 | £59k | Grant awarded to Waddington Street Centre Ltd (Durham) |
| Northern Rock Foundation | 15/03/2004 | £20k | Grant awarded to Waddington Street Centre Ltd (Durham) |