ARK UK PROGRAMMES
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £0.2m for the year ended 31 August 2025, with total income rising to £7.3m. The trustees consider the level of free reserves to be satisfactory, noting that unrestricted funds of £37k are in line with the policy of remaining below £100k. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“the charity’s unrestricted reserve levels are expected to remain below £100k”
“Income from The Education Endowment Foundation: Lucy Heller is a board member of The Education Endowment Foundation and a trustee of Ark UK Programmes. £0.9m (2023/24 - £0.7m) income was recognised in the year from The Education Endowment Foundation”
“Expenditure with Purposeful Ventures: Lucy Heller is a trustee of Purposeful Ventures and Ark UK Programmes. £28k (2023/24 £3k) was paid to Purposeful Ventures for consultancy support provided.”
“Income from The Education Endowment Foundation: Lucy Heller is a board member of The Education Endowment Foundation and a trustee of Ark UK Programmes. £0.9m (2023/24 - £0.7m) income was recognised in the year from The Education Endowment Foundation”
“Expenditure with Purposeful Ventures: Lucy Heller is a trustee of Purposeful Ventures and Ark UK Programmes. £28k (2023/24 £3k) was paid to Purposeful Ventures for consultancy support provided.”
What the charity says about itself (2025)
“Ark serves over 30,000 students across 39 schools in Birmingham, Hastings, London and Portsmouth.”
“In 2025, 78 percent of students met the expected standard in reading, writing and maths, compared to 62 percent nationally.”
“Eighty-five percent of our Year 13s progressed to university, more than twice the national average of 37 percent in 2024.”
“In the latest cohort, 95 percent of Ark Start children were school ready (met the GLD), compared to the government’s national target of 75 percent by 2028.”
Leadership, per the charity’s website
- Tina Alexandrou — Chair
- Rose Dixon — Director
- Laurie Grist — Director
- Katie Oliver — Director
- Jacqueline Russell — Chief Finance Officer
- Venessa Willms OBE — Managing Director
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Jacqueline Russell
- LORD STANLEY FINK
- Lucy Heller
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £7.3m | £7.4m |
| 31/08/2024 | £6.2m | £17.7m |
| 31/08/2023 | £18.4m | £7.8m |
| 31/08/2022 | £5.7m | £5.2m |
| 31/08/2021 | £5.3m | £5.9m |
Common questions
Is ARK UK PROGRAMMES financially healthy?
The accounts state that the charity reported a net surplus of £0.2m for the year ended 31 August 2025, with total income rising to £7.3m. The trustees consider the level of free reserves to be satisfactory, noting that unrestricted funds of £37k are in line with the policy of remaining below £100k. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Who funds ARK UK PROGRAMMES?
Funders whose own accounts filings name ARK UK PROGRAMMES as a grant recipient include THE EDUCATION ENDOWMENT FOUNDATION, REUBEN FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE EDUCATION ENDOWMENT FOUNDATION | FY2022 | £977k |
| THE EDUCATION ENDOWMENT FOUNDATION | FY2024 | £392k |
| REUBEN FOUNDATION | FY2021 | £135k |
| REUBEN FOUNDATION | FY2024 | £95k |
| THE EDUCATION ENDOWMENT FOUNDATION | FY2023 | £-3k |
| THE EDUCATION ENDOWMENT FOUNDATION | FY2023 | £-21k |
| THE EDUCATION ENDOWMENT FOUNDATION | FY2022 | £-79k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOUQ FOUNDATION | 1 | — |
| GREENHAM TRUST LTD | 1 | £3.3m |
| SABEEL FOUNDATION | 1 | £424k |
| THE EDWINA MOUNTBATTEN AND LEONORA CHILDREN'S FOUNDATION | 1 | £53k |
| EPSOM AND EWELL ISLAMIC SOCIETY | 1 | £52k |
| THE HEADLEY TRUST | 1 | £45k |
| THE HISCOX FOUNDATION | 1 | £33k |
| EAST END COMMUNITY FOUNDATION | 1 | £11k |