THE ENVIRONMENT CENTRE (TEC)
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating surplus of £28,837 for the year ended 31 March 2025, with total incoming resources of £1,571,001. Per the trustees' report, unrestricted reserves stood at £548,814 against a policy target of six months of overhead expenses, while total reserves were £661,811. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified.
What the accounts disclose
“The aim is to achieve a minimum of reserves of the equivalent of six months of overheads expenses.”
“The charities wholly owned subsidiary, Environment Centre Enterprises Limited, was established to operate any commercial environmental work deemed to not be solely charitable, but which supported environmental best practice or materials to support environmental best practice.” — page 13
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alexander Howison
- Alexia Sara Drakakis
- Jillian Frances Ghanouni
- Patrick James
- Roger Charles Munford
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £1.5m |
| 31/03/2024 | £1.8m | £1.6m |
| 31/03/2023 | £1.5m | £1.3m |
| 31/03/2022 | £802k | £750k |
| 31/03/2021 | £729k | £730k |
Common questions
Is THE ENVIRONMENT CENTRE (TEC) financially healthy?
The accounts state that the charity reported an operating surplus of £28,837 for the year ended 31 March 2025, with total incoming resources of £1,571,001. Per the trustees' report, unrestricted reserves stood at £548,814 against a policy target of six months of overhead expenses, while total reserves were £661,811. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were audited by TC Group.