ASHINGTON VETERANS AND ELDERS INSTITUTE
AVAEI is a local charity with over 150 members using its facilities, and many more visit us for social and sporting events. Indoor facilities include snooker, darts, table games, tv, and refreshments. Outdoor activities include workshops and a community garden. We hold monthly coffee mornings, regular social events, run excursions and welcome other groups wanting to use our extended Activity Room.
Financial health, per its FY2025 accounts
The accounts state that the charity is financially sound with growing regular income and well-controlled expenditure. Reserves held are £63,467, which is below the stated policy target of three years' regular expenditure. The trustees report no major concerns regarding the charity's ability to continue as a going concern.
What the accounts disclose
“our aim/policy is to have three years’ regular expenditure held in reserves.”
Trustees
- William Thompsonchair
- Alan Oliver
- Diane Reed
- Helen White Anderson
- Keith Green
- Kenneth Hicks
- Lance Rainey
- Lynn Gray
- Malcolm Davidson
- Neil Bayly
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £58k | £55k |
| 30/09/2024 | £114k | £121k |
| 30/09/2023 | £64k | £39k |
| 30/09/2022 | £37k | £40k |
| 30/09/2021 | £44k | £27k |
Common questions
Is ASHINGTON VETERANS AND ELDERS INSTITUTE financially healthy?
Per its FY2025 accounts: The accounts state that the charity is financially sound with growing regular income and well-controlled expenditure. Reserves held are £63,467, which is below the stated policy target of three years' regular expenditure. The trustees report no major concerns regarding the charity's ability to continue as a going concern.
Who funds ASHINGTON VETERANS AND ELDERS INSTITUTE?
Funders whose own accounts filings name ASHINGTON VETERANS AND ELDERS INSTITUTE as a grant recipient include THE YAPP CHARITABLE TRUST, THE BARBOUR FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE YAPP CHARITABLE TRUST | FY2023 | £3k | |
| THE BARBOUR FOUNDATION | FY2023 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 10/03/2023 | £3k | Coronation Entertainment Party Day |
| The National Lottery Community Fund | 10/02/2020 | £10k | Landscaping External Grounds |
| The National Lottery Community Fund | 08/11/2018 | £8k | Modernisation Of The Institute |