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FENLAND AREA COMMUNITY ENTERPRISE TRUST

Registered charity 1097098 · accounts filings on the Charity Commission register · also known as FACET

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Latest income
£1.4m
Latest spending
£1.1m
Registered
2003
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a net incoming resource of £53,733 for the year ended 31 July 2025, with total unrestricted funds increasing to £568,582. The trustees report that the charity has reached its reserves policy goal of holding six months' running costs, although it faces future capital requirements for new premises by 2039. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Reserves policy: six months' running costs (held: £569k)
“Board members are currently committed to holding reserves equating to a minimum of 6 months’ running costs” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Prior year donation from March Lions Club, an entity in which one of the Trustees has an interest.
“There were no disclosable related party transactions during the year (2024 - £250). A donation was received in the prior year from March Lions Club, an entity in which one of the Trustees has an interest.” — page 41
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — FACET (matched by registered charity number).

Structured financials (annual return, FY ending 31/07/2025)

Total income
£1.4m
Total spending
£1.1m
Cost of raising funds
£19k
Reserves (reported)
£1.1m
Employees
35

Reported reserves equal ~11.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Cambridgeshire

Income and spending

Financial year endIncomeSpending
31/07/2025£1.4m£1.1m
31/07/2024£1.1m£1.0m
31/07/2023£1.0m£907k
31/07/2022£904k£798k
31/07/2021£919k£835k

Common questions

Is FENLAND AREA COMMUNITY ENTERPRISE TRUST financially healthy?

The accounts state that the charity achieved a net incoming resource of £53,733 for the year ended 31 July 2025, with total unrestricted funds increasing to £568,582. The trustees report that the charity has reached its reserves policy goal of holding six months' running costs, although it faces future capital requirements for new premises by 2039. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Azets Audit Services.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Postcode Lottery31/07/2024£60kMillionaire Street 2024 06w4 Year 1
Postcode Lottery30/06/2024£10kMillionaire Street 2024 06w4 Year 2