AVERY HILL CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £96,818 for the year ended 28 February 2025, resulting in total net assets increasing to £753,184. The trustees confirm that unrestricted reserves of £170,484 exceed the stated policy target of £68,500, and there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees have determined that the charity should aim to hold unrestricted cash of no less than £68,500 (which equates to about 3 months' of unrestricted expenditure plus 2.5 years rent)” — page 6
“One of the trustees, Paul Piper is also a trustee of iNet Trust Limited a missions agency. During the year the charity made donations totalling £2,635 (2024: £2,400).” — page 20
Structured financials (annual return, FY ending 28/02/2025)
Trustees
- Paul James Piperchair
- Angela Walton
- Lola Adewole
- Wendy Taylor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £630k | £534k |
| 29/02/2024 | £580k | £527k |
| 28/02/2023 | £644k | £453k |
| 28/02/2022 | £374k | £345k |
| 28/02/2021 | £492k | £352k |
Common questions
Is AVERY HILL CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a surplus of £96,818 for the year ended 28 February 2025, resulting in total net assets increasing to £753,184. The trustees confirm that unrestricted reserves of £170,484 exceed the stated policy target of £68,500, and there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.