ACTES TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity ended the year with an operating deficit of £199,280, resulting in a total reduction in reserves of £233,283. Despite this loss, the trustees report that the overall financial position remains strong with unrestricted reserves of £2,828,690, which are significantly above the stated minimum policy target of £600,000.
What the accounts disclose
Funders the charity credits
- KFC Youth Hub
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- GEOFFREY DONALD PAYNEchair
- Elaine Corbyn
- Michael Barber
- SHARON STUTTARD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £666k | £961k |
| 31/03/2024 | £682k | £933k |
| 31/03/2023 | £741k | £940k |
| 31/03/2022 | £741k | £920k |
| 31/03/2021 | £655k | £928k |
Common questions
Is ACTES TRUST financially healthy?
The accounts state that the charity ended the year with an operating deficit of £199,280, resulting in a total reduction in reserves of £233,283. Despite this loss, the trustees report that the overall financial position remains strong with unrestricted reserves of £2,828,690, which are significantly above the stated minimum policy target of £600,000. Its FY2023 accounts were audited by Anderson Barrowcliff LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHEPPERTON COMMUNITY CHURCH | 1 | £5.5m |
| GRACE CHURCH EXETER | 1 | £614k |
| HOPE CHURCH WINCHESTER | 1 | £87k |
| GRACE CHURCH SALISBURY | 1 | £52k |
| CITY CHURCH BRISTOL | 1 | £43k |
| CITYGATE CHURCH | 1 | £9k |
| RELATIONAL MISSION | 1 | £8k |
| GRACE CHURCH CHICHESTER | 1 | £8k |