ANDOVER MIND
Registered charity 1039094 · accounts filings on the Charity Commission register · also known as ANDOVER MIND LTD
We provide community support to people with, ill mental health and carers to promote well-being for all. Services include Wellbeing; Counselling; Young Persons 'Be You'; Primary Care Mental Health; Safe Haven crisis centres; Ugly Duckling furniture upcycling and gardening. We offer 1 to 1, peer and group support; activities; courses; advice and information.
Causes: General Charitable Purposes · The Advancement Of Health Or Saving Of Lives · Other Charitable Purposes · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity recorded an overall deficit of £6,832 for the year ended 31 March 2025, drawing from unrestricted reserves which stood at £1,346,542. The trustees report that unrestricted funds exceed their stated policy target of £500,000, a position they consider justified due to planned organisational restructuring and strategic investments. The auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three months of operating costs (held: £1.3m)
“The target level of unrestricted reserves is £500,000.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Andover Mind received contract funding totalling £1,419,930 from Hampshire Mind CIC. At the balance sheet date, Andover Mind were owed £nil by Hampshire Mind CIC. Andover Mind also owed Hampshire Mind CIC £nil. J Davey-Cole, a trustee of Andover Mind, also served as a director of Hampshire Mind CIC.
“Andover Mind received contract funding totalling £1,419,930 (2024: £1,446,589) during the year. At the balance sheet date, Andover Mind were owed £nil (2024: £121,158) by Hampshire Mind CIC, which is included in trade debtors. Andover Mind also owed Hampshire Mind CIC Enil (2024: £316), which is shown within trade creditors.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Knight Goodhead Limited. Discloses 5 of 6 completeness components.
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2024) to "above" (FY2025).
Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.
Public fundraising profile: JustGiving — Andover Mind (matched by registered charity number).
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£31k
Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 1.1% of total income — below the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (14/11/2011) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Judith Elizabeth Davey-Colechair
- Angela Day
- Matt Lewis
- Steve Offord
Trustee list from the Charity Commission register (current, not historical).
Operates in: Hampshire
Income and spending
Common questions
Is ANDOVER MIND financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded an overall deficit of £6,832 for the year ended 31 March 2025, drawing from unrestricted reserves which stood at £1,346,542. The trustees report that unrestricted funds exceed their stated policy target of £500,000, a position they consider justified due to planned organisational restructuring and strategic investments. The auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Knight Goodhead Limited.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with MIND IN BRIGHTON & HOVE.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.