NEWGROUND TOGETHER
Latest income
£8.6m
Latest spending
£6.7m
Registered
1990
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £2.8m, which is above its stated policy target of £1.5m. The auditor confirmed that the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue in operation.
What the accounts disclose
Highest-paid employee band: £100,001 - £110,000 — in the top quarter for charities its size (median £76k)
“The Group Director is the highest paid member of staff. His total emoluments including pension contributions equated to £110k (2024: £105k)” — page 35
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £1.5m (held: £2.8m)
“The Board approved to increase the level of requirement of unrestricted reserves from £1m to £1.5m.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Newground CIC
“An element of the charity’s direct operations are carried out by its wholly-owned Community Interest Company, Newground CIC.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£8.6m
Total spending
£6.7m
Cost of raising funds
£2.5m
Reserves (reported)
£3.2m
Employees
110
Trustees
- Mushtaq Khanchair
- Colin Davies
- John Simms
- Lesley Burrows
- Thomas Hague
- Zaffer Khan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £8.6m | £6.7m |
| 31/03/2024 | £6.2m | £5.7m |
| 31/03/2023 | £5.6m | £5.6m |
| 31/03/2022 | £5.5m | £5.0m |
| 31/03/2021 | £11.2m | £10.9m |
Common questions
Is NEWGROUND TOGETHER financially healthy?
The accounts state that the charity holds unrestricted reserves of £2.8m, which is above its stated policy target of £1.5m. The auditor confirmed that the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue in operation. Its FY2025 accounts were audited by BDO LLP.
What does the highest-paid employee of NEWGROUND TOGETHER earn?
Per its FY2025 accounts, the highest-paid employee was in the £100,001 - £110,000 band.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 28/11/2023 | £463k | "Accrington Market ChamberÂ’s Next Chapter: Innovation, People and the Industrial Revolution" |
| The National Lottery Heritage Fund | 02/09/2014 | £70k | "Bees beyond the Borough - conservation of the British black honeybee across Pennine Lancashire" |
| The National Lottery Heritage Fund | 17/12/2013 | £995k | "Rhyddings Park, Oswaldtwistle" |
| The National Lottery Heritage Fund | 27/02/2013 | £28k | "Great Harwood Mercer Memorial Clock Tower" |
| The National Lottery Heritage Fund | 29/03/2011 | £50k | "Bee's in the Borough" |
| The National Lottery Heritage Fund | 20/05/2003 | £50k | "The Past on your Doorstep" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Point North Community Foundation | 1 | £882k |
| THE CRUCIBLE FOUNDATION | 1 | £20k |
| THE NISBET TRUST | 1 | £17k |
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £15k |
| MICHAEL GUEST CHARITABLE FOUNDATION | 1 | £5k |
| HEY SMILE FOUNDATION | 1 | £5k |
| THE IAN ASKEW CHARITABLE TRUST | 1 | £2k |
| CHAPMAN CHARITABLE TRUST | 1 | £1k |