Advance Nottingham

Registered charity 1119003 · accounts filings on the Charity Commission register · also known as CASTLE CAVENDISH FOUNDATION, NEIGBOURHOOD DEVELOPMENT COMPANY, NEIGHBOURHOOD DEVELOPMENT COMPANY

Advance Nottingham will oversee a programme and property portfolio that will deliver community renewal in an ethical, inclusive and sustainable way. Its vision is to help create a better Nottingham where places and spaces thrive, local people reach their full potential and communities are stronger, connected and more resilient than ever before.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Accommodation/housing · Amateur Sport · Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity incurred an operating deficit of £147,163 and holds free reserves of £754,772, which includes £950,000 in relation to a property held for sale. Per the trustees' report, cash flow is restricted and monitored daily, with an additional loan taken out after the year end to assist liquidity until the sale of Castle Cavendish Works is completed.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Year-over-year changes

• Going concern: material uncertainty (FY2024) → no going-concern doubt (FY2025).

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Structured financials (annual return, FY ending 31/03/2024)

Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Other trading activities (61% 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: 0.3% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

• Andrew Michael Atherton
• Bengisu Sahin
• Jay Paul Ludditt
• John Abdo Rowland Ydlibi · trustee of 3 other charities
• Natalie Rebecchi
• Parveen Begum
• SHOAIB KHAN

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

Operates in: Nottingham City

Income and spending

Common questions

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 NOTTINGHAM COMMUNITY AND VOLUNTARY SERVICE.

• NOTTINGHAM COMMUNITY AND VOLUNTARY SERVICE income £1.6m
• CITY OF NOTTINGHAM HISTORIC BUILDINGS LIMITED income £246k
• NOTTINGHAM COMMUNITY ALMSHOUSE CHARITY income £917k
• THE RENEWAL TRUST income £428k
• THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET'S, ASPLEY NOTTINGHAM income £132k
• NOTTINGHAM J CARE income £111k

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.