Project Trust
Latest income
£1.1m
Latest spending
£1.2m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported an operational deficit of £270,903 before investment gains, which the trustees describe as forecast and manageable in the short term but not sustainable if repeated. To secure its long-term future, the charity is liquidating its property portfolio to rebuild reserves and reduce overheads, while relying on an investment portfolio valued at £650,164 and the successful recruitment of volunteers to maintain viability.
What the accounts disclose
Highest-paid employee band: £90,001 - £100,000
“In the band £90,001 - £100,000 1”
Per FY2025 accounts as filed with OSCR.
Reserves position: below the charity's own stated policy
“The 'free reserves' of the charitable company at 30 September 2025, being those unrestricted funds not invested in fixed assets or designated for a specific purpose, was £31,789.”
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Directors made aggregate donations to the charity
“During the year the Directors made aggregate donations of £1,380 in total to the charitable company for its general purposes. The charitable company has not entered into any other related party transaction during the year, nor are there any outstanding balances owing between related parties and the charitable company at 30 September 2025.” — page 33
Per FY2025 accounts as filed with OSCR.