ABSOLUTE RETURN FOR KIDS (ARK)
Registered charity 1095322 · accounts filings on the Charity Commission register
Ark is an education charity that exists to make sure that all children, regardless of their background, have access to a great education and real choices in life. Ark incubates, launches and scales ventures that share our mission and values.
Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the group reported a net surplus of £4.8m for the year, driven largely by a £4.3m revaluation gain on its investment property, resulting in total group reserves increasing to £42.5m. The trustees confirm that unrestricted reserves of £2.7m are sufficient to cover core costs for the coming year, exceeding the stated policy target of six months' expenditure. The charity maintains adequate liquidity and has no material uncertainties regarding its 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
Largest income source: Restricted funds (73% of income)
“Total income of £50,266k (2023/24 – £44,787k) comprises £3,726k (2023/24 – £2,417k) in relation to unrestricted funds and £46,260k (2023/24 – £42,370k) in relation to restricted funds.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six months of unrestricted expenditure (held: £2.7m)
“The appropriate level of free reserves is set at an amount sufficient to cover unfunded expenditure from unrestricted funds for a minimum period of six months in the event of a significant fall in income. The value of six months’ core (unrestricted) operating expenditure approximates to £1.3m with the year-end unrestricted reserves for costs standing at £2.7m (2023/24 – £2.0m).” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants to Ark Schools
“During the year, £1,238k of grants were declared by Ark in support of Ark Schools’ programmes (2023/24 - £3,633k). In addition, £16k of grants were declared by Ark in support of Ark Schools’ academies (2023/24 - £66k). The closing grant creditor due to Ark Schools from Ark was £10,149k (2023/24 – £15,656k) of which £7,547k (2023/24 - £8,758k) was due within one year.” — page 62
“Ark Group received £316k fee rebates from MW Eureka Fund for its core operations and EdCity (2023/24 - £124k). This was 100% of the fee charged for managing investments. The carrying value of investments in the MW Eureka Fund at the balance sheet date of 31 August 2025 was £5.5m (2023/24 – £8.2m).” — page 63
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Investment fee rebates from Marshall Wace
“During the year, £1,238k of grants were declared by Ark in support of Ark Schools’ programmes (2023/24 - £3,633k). In addition, £16k of grants were declared by Ark in support of Ark Schools’ academies (2023/24 - £66k). The closing grant creditor due to Ark Schools from Ark was £10,149k (2023/24 – £15,656k) of which £7,547k (2023/24 - £8,758k) was due within one year.” — page 62
“Ark Group received £316k fee rebates from MW Eureka Fund for its core operations and EdCity (2023/24 - £124k). This was 100% of the fee charged for managing investments. The carrying value of investments in the MW Eureka Fund at the balance sheet date of 31 August 2025 was £5.5m (2023/24 – £8.2m).” — page 63
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Buzzacott Audit LLP. Discloses 4 of 6 completeness components.
Corporate structure
What the charity says about itself (2025)
From its own voluntary annual review / impact report — the charity’s account of its work, distinct from the statutory accounts analysed above.
The report covers the year 2025, as indicated by the title 'Ark impact report 2025' and data points such as 'In 2025, 78 percent of students met the expected standard...'
“In 2025, 78 percent of students met the expected standard in reading, writing and maths, compared to 62 percent nationally.”
The report states Ark serves 30,000 children in its 39 schools and over 300,000 through current ventures.
“Ark serves over 30,000 students across 39 schools in Birmingham, Hastings, London and Portsmouth.”
The report highlights that 85% of Year 13s progressed to university, more than twice the national average.
“Eighty-five percent of our Year 13s progressed to university, more than twice the national average of 37 percent in 2024.”
The report mentions Ark Start has provided more than 700 children with early years experience since 2020.
“Since opening in 2020, Ark Start has provided more than 700 children with a quality early years experience so they can leave our nurseries ready for their next stage.”
Public fundraising profile: JustGiving — Ark (matched by registered charity number).
Leadership, per the charity’s website
- Lucy Heller — Chief Executive (source)
- Rose Dixon — Director of Strategy (source)
- Laurie Grist — Director of Projects (source)
- Katie Oliver — Director of Ventures (source)
- Jacqueline Russell — Chief Finance Officer (source)
- Venessa Willms OBE — Managing Director, Ark Schools (source)
- Jerry Collins — Director of Education, Ark Schools (source)
- Lisa Hawker — Director of Operations, Ark Schools (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Funders the charity credits
Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).
- Anthony Williams — “We are also grateful to the following supporters who are the Founding Partners of individual Ark schools. Anthony Williams” (source page)
Company officers (Companies House)
Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.
- CLAKE, Anthony Peter — director, appointed 08/11/2018on trustee list
- FINK, Stanley, Lord — director, appointed 26/04/2004on trustee list
- MARSHALL, Paul Roderick Clucas — director, appointed 13/11/2002on trustee list
- WACE, Ian Gerald Patrick — director, appointed 13/11/2002on trustee list
- GODFREY, Kathryn Anna — secretary, appointed 27/09/2024
Official officers record.
Property (HM Land Registry)
1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/08/2025)
Cost of raising funds
£685k
Reported reserves equal ~6.4 months of spending — above the median for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (89% 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: 10.7% of total income — above the median for charities its size (5.2%) (benchmarks).
Trustee list from the Charity Commission register (current, not historical).
Operates in: India · South Africa · Throughout England · Uganda
Income and spending
Common questions
Is ABSOLUTE RETURN FOR KIDS (ARK) financially healthy?
Per its FY2025 accounts: The accounts state that the group reported a net surplus of £4.8m for the year, driven largely by a £4.3m revaluation gain on its investment property, resulting in total group reserves increasing to £42.5m. The trustees confirm that unrestricted reserves of £2.7m are sufficient to cover core costs for the coming year, exceeding the stated policy target of six months' expenditure. The charity maintains adequate liquidity and has no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Who funds ABSOLUTE RETURN FOR KIDS (ARK)?
Funders whose own accounts filings name ABSOLUTE RETURN FOR KIDS (ARK) as a grant recipient include CHARITY OF SIR RICHARD WHITTINGTON, Q CHARITABLE TRUST, THE HOBSON CHARITY LIMITED.
Known funders
Grants to this charity found in funders’ own accounts filings.
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 ARK UK PROGRAMMES.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.