ASPIRE@SOUTHFIELDS

Registered charity 1149367 · accounts filings on the Charity Commission register

Daytime, Evenings and weekends we provide a range of courses, some of which areaccredited. The courses are designed to stimulate interest and/or further career ambitions.Membership of aspire@southfields will give access to subsidised rates for all courses andclasses as well as reduced facility hire charges.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · Amateur Sport · Recreation · website · Get email alerts

Latest income
£483k
Latest spending
£529k
Registered
2012
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net loss of £45,334 on unrestricted funds for the year ended 31 March 2025, reducing total unrestricted funds to £144,556. The trustees confirm the charity is a going concern with adequate resources to continue operations. The organization operates a defined contribution pension scheme and has no share capital.

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

What the accounts disclose

Reserves policy: sufficient resources to cover the costs of management, administration, and support (held: £145k)
“As part of this strategy, Aspire's policy is to maintain unrestricted funds, or free reserves, at a level that provides sufficient resources to cover the costs of management, administration, and support. The ultimate goal is to achieve a level of reserves that enables the organization to achieve its long-term objectives.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2023)

Total income
£526k
Total spending
£487k
Reserves (reported)
£0
Employees
42

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 7.1 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% 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: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Merton · Wandsworth

Income and spending

Financial year endIncomeSpending
31/03/2025£483k£529k
31/03/2024£432k£453k
31/03/2023£526k£487k
31/03/2022£506k£476k
31/03/2021£241k£351k

Common questions

Is ASPIRE@SOUTHFIELDS financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net loss of £45,334 on unrestricted funds for the year ended 31 March 2025, reducing total unrestricted funds to £144,556. The trustees confirm the charity is a going concern with adequate resources to continue operations. The organization operates a defined contribution pension scheme and has no share capital. Its FY2025 accounts were independently examined.