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Aspire Foundation

Registered charity 1155305 · accounts filings on the Charity Commission register · also known as GARDNERS LANE AND OAKWOOD FEDERATION

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Latest income
£3.1m
Latest spending
£2.9m
Registered
2014
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity held unrestricted reserves of £1,196,764, which exceeds the Directors' stated appropriate reserve level of £1,000,000. Per the trustees' report, the organization relies heavily on Gloucestershire County Council for funding but has secured a significant contract until 2029, providing medium-term financial stability.

What the accounts disclose

Reserves policy: £1,000,000 (held: £1.2m)
“The Directors consider a reserve level of £1,000,000 to be appropriate for financial year 2024/25” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payment to Gardners Lane Primary School for reimbursement of part of former trustee Charles Welsh's salary.
“During the prior period, the charity made a payment to Gardners Lane Primary School of £12,185 in connection with reimbursement of part of his salary, given the services and time he provided to the charity.” — page 44
“Further purchases totalling £41,265 (2024 - £17,235) were made from Gardners Lane Primary School in respect of IT services.” — page 44
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Purchases from Gardners Lane Primary School for IT services.
“During the prior period, the charity made a payment to Gardners Lane Primary School of £12,185 in connection with reimbursement of part of his salary, given the services and time he provided to the charity.” — page 44
“Further purchases totalling £41,265 (2024 - £17,235) were made from Gardners Lane Primary School in respect of IT services.” — page 44
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Costs recharged to Gardners Lane Primary School for Business Team services.
“During the prior period, the charity made a payment to Gardners Lane Primary School of £12,185 in connection with reimbursement of part of his salary, given the services and time he provided to the charity.” — page 44
“Further purchases totalling £41,265 (2024 - £17,235) were made from Gardners Lane Primary School in respect of IT services.” — page 44
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Costs recharged to Oakwood Primary School for Business Team services.
“During the prior period, the charity made a payment to Gardners Lane Primary School of £12,185 in connection with reimbursement of part of his salary, given the services and time he provided to the charity.” — page 44
“Further purchases totalling £41,265 (2024 - £17,235) were made from Gardners Lane Primary School in respect of IT services.” — page 44
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Purchases from Oakwood Primary School for IT services.
“During the prior period, the charity made a payment to Gardners Lane Primary School of £12,185 in connection with reimbursement of part of his salary, given the services and time he provided to the charity.” — page 44
“Further purchases totalling £41,265 (2024 - £17,235) were made from Gardners Lane Primary School in respect of IT services.” — page 44
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£3.1m
Total spending
£2.9m
Reserves (reported)
£1.2m
Employees
98

Reported reserves equal ~4.9 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Gloucestershire

Income and spending

Financial year endIncomeSpending
31/03/2025£3.1m£2.9m
31/03/2024£2.7m£3.1m
31/03/2023£2.8m£2.9m
31/03/2022£2.3m£2.5m
31/03/2021£2.2m£2.3m

Common questions

Is Aspire Foundation financially healthy?

The accounts state that the charity held unrestricted reserves of £1,196,764, which exceeds the Directors' stated appropriate reserve level of £1,000,000. Per the trustees' report, the organization relies heavily on Gloucestershire County Council for funding but has secured a significant contract until 2029, providing medium-term financial stability. Its FY2025 accounts were audited by Azets Audit Services.