ASPIRE LIVING LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £598k for the year ended March 2025, a significant turnaround from the previous year's deficit. However, the trustees note that free reserves of £496k are insufficient given the increased scale of the charity, and the organization relies on its parent group's transformation plan and intra-group funding agreements to maintain going concern status.
What the accounts disclose
“The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel were £122,275 (2024: £122,275). The company considers its key management personnel as comprising of the Managing Director and the Service Quality Director.” — page 69
“Free reserves at the year-end were therefore insufficient given the increased scale of the charity.” — page 33
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Aspire Living - 1-2 Markyes Close: Good
- Abbey House: Good
- Aspire Support: Good
Register events
- Received assets from another charity (07/04/2011)
Trustees
- Ceri Louise Lennon
- Christopher Brian Beckingham-Paul
- Dr Catherine Nnenna Chima-Okereke
- Dr Suzanne Patricia Cleary
- Ian Paul Harper
- Michael David Roland Horgan
- Tracy Jane Crum
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £11.4m | £10.9m |
| 31/03/2024 | £8.8m | £9.4m |
| 31/03/2023 | £6.1m | £7.0m |
| 31/03/2022 | £6.4m | £7.1m |
| 31/03/2021 | £6.7m | £6.7m |
Common questions
Is ASPIRE LIVING LIMITED financially healthy?
The accounts state that the charity achieved a surplus of £598k for the year ended March 2025, a significant turnaround from the previous year's deficit. However, the trustees note that free reserves of £496k are insufficient given the increased scale of the charity, and the organization relies on its parent group's transformation plan and intra-group funding agreements to maintain going concern status. Its FY2025 accounts were audited by Sayer Vincent LLP.
What does the highest-paid employee of ASPIRE LIVING LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £120,001 - £130,000 band.