PRACTICAL TOOLS INITIATIVE LIMITED

Registered charity 1152292 · accounts filings on the Charity Commission register · also known as PRACTICAL TOOLS INITIATIVE

The prevention or relief of poverty or financial hardship anywhere in the world by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient in particular by collecting, refurbishing and supplying used tools to those with a charitable need.

Objects

THE PREVENTION OR RELIEF OF POVERTY OR FINANCIAL HARDSHIP ANYWHERE IN THE WORLD BY PROVIDING OR ASSISTING IN THE PROVISION OF EDUCATION, TRAINING, HEALTHCARE PROJECTS AND ALL THE NECESSARY SUPPORT DESIGNED TO ENABLE INDIVIDUALS TO GENERATE A SUSTAINABLE INCOME AND BE SELF-SUFFICIENT IN PARTICULAR BY COLLECTING, REFURBISHING AND SUPPLYING USED TOOLS TO THOSE WITH A CHARITABLE NEED.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · website · Get email alerts

Registered contact address: Fareham, South East, England (from the postcode on the register)

Received the assets of LIVING WATER AFRICA (charity 1134315) — merger registered 29/10/2025.
Source: Charity Commission register of merged charities (OGL v3.0).
Latest income
£636k
Latest spending
£347k
Registered
2013
Accounts read
FY2026

Financial health, per its FY2026 accounts

The charity reported total income of £635,509 and charitable expenditure of £346,986 for the year ended 31 July 2026, resulting in a net movement in funds of £288,323. Unrestricted funds decreased from £52,885 to £3,999, while restricted funds increased significantly to £340,095. The trustees maintain a reserves policy of three to six months' expenditure, though the current unrestricted balance is below this target.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: between three and six month’s expenditure (held: £4k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 46
Per its FY2026 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/07/2026

  • Volunteers: 6

Self-declared on the annual return for the financial year ending 31/07/2025

  • Volunteers: 10

Self-declared on the annual return for the financial year ending 31/07/2024

  • Volunteers: 15

Source: this charity’s annual returns on the Charity Commission register.

Annual return filing dates (Charity Commission record)

Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/07/2023 (received 09/06/2024, 9 days after the 31/05/2024 due date).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. Source: this charity’s annual returns on the Charity Commission register.

Public fundraising profile: JustGiving — Practical Tools Initiative (matched by registered charity number).

Structured financials (annual return, FY ending 31/07/2026)

Total income
£636k
Total spending
£347k
Cost of raising funds
£200
Reserves (reported)
£4k
Employees
0

Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 5.2 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 (4.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Liberia · Philippines · Sierra Leone

Income and spending

Financial year endIncomeSpending
31/07/2026£636k£347k
31/07/2025£178k£133k
31/07/2024£181k£167k
31/07/2023£149k£151k
31/07/2022£145k£168k

Common questions

Is PRACTICAL TOOLS INITIATIVE LIMITED financially healthy?

Per its FY2026 accounts: The charity reported total income of £635,509 and charitable expenditure of £346,986 for the year ended 31 July 2026, resulting in a net movement in funds of £288,323. Unrestricted funds decreased from £52,885 to £3,999, while restricted funds increased significantly to £340,095. The trustees maintain a reserves policy of three to six months' expenditure, though the current unrestricted balance is below this target. Its FY2026 accounts were independently examined.

Who funds PRACTICAL TOOLS INITIATIVE LIMITED?

Funders whose own accounts filings name PRACTICAL TOOLS INITIATIVE LIMITED as a grant recipient include THE FORRESTER FAMILY TRUST, Brian Mercer Trust, THE EVAN CORNISH FOUNDATION, EDUCATIONAL OPPORTUNITY FOUNDATION, THE ASHWORTH CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE FORRESTER FAMILY TRUSTFY2022£25kTHEME OF THE YEAR
THE FORRESTER FAMILY TRUSTFY2024£25kTheme of the Year
Brian Mercer TrustFY2023£15k
THE EVAN CORNISH FOUNDATIONFY2025£8kOverseas January 2025
EDUCATIONAL OPPORTUNITY FOUNDATIONFY2022£7kInternational
THE EVAN CORNISH FOUNDATIONFY2024£6kOverseas July 2023
THE ASHWORTH CHARITABLE TRUSTFY2021£5kInternational
THE OAKDALE TRUSTFY2026£5k
Brian Mercer TrustFY2022£3kCharitable Activities
SEEDFIELD TRUSTFY2021£2k
GILCHRIST EDUCATIONAL TRUSTFY2022£2k
MISS E F RATHBONE CHARITABLE TRUSTFY2022£1k

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 PRACTICAL ACTION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
PRACTICAL TOOLS INITIATIVE LIMITED£636k—0unclear—no doubt
PRACTICAL ACTION FY2025£33.1m£110,001 - £120,000—within—no doubt
PRODIGAL ARTS FY2025£72k—0above—no doubt
TOOLS FOR SELF RELIANCE FY2025£754k—0above—no doubt
PEOPLE MATTER TRUST FY2025£452k—0unclear—no doubt
POWER FOR THE PEOPLE FY2025£230k£32,8340unclear—no doubt

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