AVANTE CARE AND SUPPORT LIMITED

Registered charity 1002727 · accounts filings on the Charity Commission register · also known as AVANTE PARTNERSHIP LIMITED, KCHT, KENT COMMUNITY HOUSING TRUST

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Latest income
£44.0m
Latest spending
£43.5m
Registered
1991
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a net surplus of £494,360 for the year ended 31 March 2025, with unrestricted reserves held at £2.6 million, which exceeds the stated policy target of £1.8 million. The trustees confirm that the charity has adequate resources to continue operating for the foreseeable future, with sufficient cash and reserves to meet medium-term cash requirements and bank loan covenants.

What the accounts disclose

Reserves policy: £1.8 million (circa one month's expenditure) (held: £2.6m)
Since 2018, having considered income variability and risks relating to income as well as financial obligations and their flexibility, it has been agreed that the policy should be to hold reserves of £1.8 million (circa one month's expenditure). — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £852k
At Match 2025 Avante had two defined benefit schemes with two having ended on 31 March 2024 and, according to the actuarial valuations as at 31 March 2025, Avante had defined benefit pension scheme liabilities of £852k (2024 net liability £1.072 million).
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Avante Care Services Ltd
Avante Care Services Ltd is a wholly owned subsidiary company of Avante Care and Support Ltd. The subsidiary contracts with Local Authorities and NHS bodies and the contracts are then subcontracted to the charity to deliver the services in the usual way. — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

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

Total income
£44.0m
Total spending
£43.5m
Reserves (reported)
£2.6m
Employees
1,185

Reported reserves equal ~0.7 months of spending — in the bottom quarter for charities its size (median 4.6 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).

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Trustees

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

Operates in: Bexley · Greenwich · Kent · Medway

Income and spending

Financial year endIncomeSpending
31/03/2025£44.0m£43.5m
31/03/2024£44.5m£37.0m
31/03/2023£32.6m£30.9m
31/03/2022£30.8m£29.0m
31/03/2021£31.6m£30.2m

Common questions

Is AVANTE CARE AND SUPPORT LIMITED financially healthy?

The accounts state that the charity achieved a net surplus of £494,360 for the year ended 31 March 2025, with unrestricted reserves held at £2.6 million, which exceeds the stated policy target of £1.8 million. The trustees confirm that the charity has adequate resources to continue operating for the foreseeable future, with sufficient cash and reserves to meet medium-term cash requirements and bank loan covenants. Its FY2025 accounts were audited by Crowe U.K. LLP.