42ND STREET - COMMUNITY BASED RESOURCE FOR YOUNG PEOPLE UNDER STRESS
Latest income
£4.0m
Latest spending
£4.4m
Registered
1990
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £387,803 for the year ended 31 March 2025, compared to a surplus in the previous year. Per the trustees' report, total reserves stood at £1,885,540, comprising £1,057,601 in restricted funds and £827,939 in unrestricted funds, with the charity holding over £1.5 million in cash at year-end.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The unrestricted reserves are invested in fixed assets for use in the Charity which, when adjusted (total unrestricted £827,939 - total fixed assets £1,094,035) leaves a shortfall in free reserves of – £266,096. The Charity will continue its endeavour to increase unrestricted funding over medium term to address this imbalance.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£4.0m
Total spending
£4.4m
Reserves (reported)
£714k
Employees
106
Trustees
- ELIZABETH ALLENchair
- Christine Margaret Bonney
- KEVIN JONES
- Lucy Eleanor Colino Tallon
- Natalie Anne Lunn
- Vicky Sharrock
- William Gardner Thomson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.0m | £4.4m |
| 31/03/2024 | £4.0m | £4.0m |
| 31/03/2023 | £3.9m | £3.8m |
| 31/03/2022 | £3.5m | £3.2m |
| 31/03/2021 | £3.7m | £3.2m |
Common questions
Is 42ND STREET - COMMUNITY BASED RESOURCE FOR YOUNG PEOPLE UNDER STRESS financially healthy?
The accounts state that the charity reported a deficit of £387,803 for the year ended 31 March 2025, compared to a surplus in the previous year. Per the trustees' report, total reserves stood at £1,885,540, comprising £1,057,601 in restricted funds and £827,939 in unrestricted funds, with the charity holding over £1.5 million in cash at year-end. Its FY2025 accounts were audited by Crowe U.K. LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 09/12/2014 | £641k | "The Horsfall Space" |
| The National Lottery Heritage Fund | 04/07/2013 | £86k | "A Different Spirit" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FIDELITY UK FOUNDATION | 2 | £577k |
| CHARITY OF SIR RICHARD WHITTINGTON | 2 | £88k |
| THE TRIANGLE TRUST 1949 FUND | 2 | £26k |
| THE BERKELEY CHARITABLE FOUNDATION | 1 | £750k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £590k |
| THE BURBERRY FOUNDATION | 1 | £435k |
| THE JONGEN CHARITABLE TRUST | 1 | £350k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £248k |