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BASINGSTOKE ITEC LIMITED

Registered charity 1029526 · accounts filings on the Charity Commission register · also known as BASINGSTOKE I T E C, BASINGSTOKE ITEC, BASINGSTOKE YOUTH ACTION TRUST LIMITED

The advancement of education and training of young persons and adults, within the South East.

Causes: Education/training · website · Get email alerts

Latest income
£445k
Latest spending
£345k
Registered
1993
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity entered a period of excellent financial health, returning one of the highest surpluses in recent times with net assets increasing to £217,016. The trustees maintain unrestricted reserves at a level equivalent to between three and six months' expenditure, a policy they confirm has been maintained throughout the year. The organization reports a positive outlook with favorable projections despite acknowledging uncertainties over funding.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three and six month’s expenditure (held: £217k)
“It is the policy of the that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Hampshire · Oxfordshire · Surrey · West Berkshire

Income and spending

Financial year endIncomeSpending
31/07/2025£445k£345k
31/07/2024£323k£320k
31/07/2023£354k£409k
31/07/2022£406k£430k
31/07/2021£394k£457k

Common questions

Is BASINGSTOKE ITEC LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity entered a period of excellent financial health, returning one of the highest surpluses in recent times with net assets increasing to £217,016. The trustees maintain unrestricted reserves at a level equivalent to between three and six months' expenditure, a policy they confirm has been maintained throughout the year. The organization reports a positive outlook with favorable projections despite acknowledging uncertainties over funding. Its FY2025 accounts were independently examined.