ARC (AXMINSTER) LTD
To relieve the mental and physical sickness of persons resident in Axminster suffering from bereavement or loss by the provision of counselling and support for such persons.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £44,188, which is above the trustees' stated policy target of £20,000 (equivalent to three months of core activity). Although the charity reported a net expenditure deficit of £5,447 for the year, the trustees confirmed there are no indications that the entity will not continue in operational existence for the foreseeable future.
What the accounts disclose
“The trustees believe that a reserve should be maintained at a minimum level which ensures that three months of the organisation's core activity could continue during a period of unforseen difficulty. For the current year this is estimated to equate to £20,000.” — page 4
Trustees
- Jeremy Waldonchair
- Craig Billlington
- Dr BARRY NEILL MC KENNA
- GARETH PRATT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £114k | £121k |
| 31/12/2023 | £93k | £103k |
| 31/12/2022 | £69k | £110k |
| 31/12/2021 | £118k | £107k |
| 31/12/2020 | £101k | £91k |
Common questions
Is ARC (AXMINSTER) LTD financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £44,188, which is above the trustees' stated policy target of £20,000 (equivalent to three months of core activity). Although the charity reported a net expenditure deficit of £5,447 for the year, the trustees confirmed there are no indications that the entity will not continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 28/01/2021 | £10k | arc COVID response |