ACTION WITH COMMUNITIES IN RURAL ENGLAND (ACRE)
Latest income
£5.0m
Latest spending
£5.1m
Registered
1997
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £158,744 for the year ended 31 March 2024, with total incoming resources of £4,657,150. Per the trustees' report, unrestricted reserves were £485,033, which is above the stated policy target of £171,081, providing confidence in the organization's financial position.
What the accounts disclose
Reserves policy: three months of the charity's general expenditure budget plus an allocation to allow for longer-term liabilities and contingencies and an additional element to support ACRE’s research and development objectives and transformational change (held: £485k)
“The target level for unrestricted reserves is £171,081 which is the equivalent of three months of the charity's general expenditure budget plus an allocation to allow for longer-term liabilities and contingencies and an additional element to support ACRE’s research and development objectives and transformational change.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Louise Beaton received £2,700 for consultancy services; Ivan Annibal's company Rose Regeneration received £17,000.
“During the year, Louise Beaton, a charity trustee, received £2,700 for consultancy services and related travel costs were reimbursed (2023: £1,140). Ivan Annibal, a charity trustee, is the managing director of Rose Regeneration, the company completing the quarterly surveys of the DEFRA network grant, the company received £17,000 (2023: £17,000).” — page 49
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Louise Beaton received £2,700 for consultancy services.
“During the year, Louise Beaton, a charity trustee, received £2,700 for consultancy services and related travel costs were reimbursed (2023: £1,140). Ivan Annibal, a charity trustee, is the managing director of Rose Regeneration, the company completing the quarterly surveys of the DEFRA network grant, the company received £17,000 (2023: £17,000).” — page 49
“During the year, Louise Beaton, a charity trustee, received £2,700 for consultancy services and related travel costs were reimbursed (2023: £1,140). Ivan Annibal, a charity trustee, is the managing director of Rose Regeneration, the company completing the quarterly surveys of the DEFRA network grant, the company received £17,000 (2023: £17,000).” — page 49
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Ivan Annibal's company, Rose Regeneration, received £17,000 for survey services.
“During the year, Louise Beaton, a charity trustee, received £2,700 for consultancy services and related travel costs were reimbursed (2023: £1,140). Ivan Annibal, a charity trustee, is the managing director of Rose Regeneration, the company completing the quarterly surveys of the DEFRA network grant, the company received £17,000 (2023: £17,000).” — page 49
“During the year, Louise Beaton, a charity trustee, received £2,700 for consultancy services and related travel costs were reimbursed (2023: £1,140). Ivan Annibal, a charity trustee, is the managing director of Rose Regeneration, the company completing the quarterly surveys of the DEFRA network grant, the company received £17,000 (2023: £17,000).” — page 49
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: ACRE distributed £1,633,651 in grants to its member organisations, which are related parties.
“During the year, Louise Beaton, a charity trustee, received £2,700 for consultancy services and related travel costs were reimbursed (2023: £1,140). Ivan Annibal, a charity trustee, is the managing director of Rose Regeneration, the company completing the quarterly surveys of the DEFRA network grant, the company received £17,000 (2023: £17,000).” — page 49
“During the year, Louise Beaton, a charity trustee, received £2,700 for consultancy services and related travel costs were reimbursed (2023: £1,140). Ivan Annibal, a charity trustee, is the managing director of Rose Regeneration, the company completing the quarterly surveys of the DEFRA network grant, the company received £17,000 (2023: £17,000).” — page 49
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£5.0m
Total spending
£5.1m
Cost of raising funds
£9k
Reserves (reported)
£537k
Employees
5
Trustees
- Andrea Caroline Graham
- Caroline Jane Cotterell
- Francis James Park Webster
- Garry Jones
- Gavin Parker
- James Murray Blake
- Nora Theresa Corkery
- Rita Lawson
- Sally Jane Dominique Colthup
- Sharon Afran Davis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £5.0m | £5.1m |
| 31/03/2024 | £4.7m | £4.5m |
| 31/03/2023 | £2.0m | £2.4m |
| 31/03/2022 | £2.1m | £2.9m |
| 31/03/2021 | £2.1m | £3.3m |
Common questions
Is ACTION WITH COMMUNITIES IN RURAL ENGLAND (ACRE) financially healthy?
The accounts state that the charity reported a net surplus of £158,744 for the year ended 31 March 2024, with total incoming resources of £4,657,150. Per the trustees' report, unrestricted reserves were £485,033, which is above the stated policy target of £171,081, providing confidence in the organization's financial position. Its FY2024 accounts were audited by Godfrey Wilson Limited.