ACCESS - THE FOUNDATION FOR SOCIAL INVESTMENT
Access aims to bridge the gap in the social investment market so that suitable finance and support is available to social enterprises and charities which are new to social investment. Access will be a wholesale provider, working with and through existing market players to deliver its programmes. This enables Access to take a strategic view of the needs of social ventures over the next decade.
Objects
THE OBJECTS OF THE COMPANY ARE, FOR THE PUBLIC BENEFIT: 1) PROMOTING THE EFFECTIVE USE OF RESOURCES FOR CHARITABLE PURPOSES BY THE SOCIAL SECTOR INCLUDING, WITHOUT LIMITATION, BY:(I) IDENTIFYING NEEDS IN THE SOCIAL SECTOR, SUCH AS ACCESS TO FINANCE, AND SUPPORTING AND DEVELOPING PROGRAMMES, POLICIES, ACTIVITIES AND INITIATIVES TO ADDRESS THOSE NEEDS; AND(II) DEVELOPING CAPACITIES AND SKILLS OF THE SOCIAL SECTOR.2) FURTHERING SUCH OTHER PURPOSES AS ARE EXCLUSIVELY CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES AS THE DIRECTORS FROM TIME TO TIME DETERMINE, INCLUDING, WITHOUT LIMITATION, SUPPORTING WORK UNDERTAKEN BY SOCIAL ORGANISATIONS WHICH HAS A CHARITABLE PURPOSE. THE “SOCIAL SECTOR” MEANS CHARITIES AND SOCIAL ORGANISATIONS. “SOCIAL ORGANISATIONS” ARE INDEPENDENT ORGANISATIONS, NOT INCLUDING LOCAL GOVERNMENT OR OTHER STATUTORY AUTHORITIES, WHICH ARE ESTABLISHED FOR PURPOSES THAT ADD VALUE TO THE COMMUNITY AS A WHOLE, OR A SIGNIFICANT SECTION OF THE COMMUNITY, AND WHICH ARE NOT ESTABLISHED PRIMARILY TO DISTRIBUTE A PROFIT.THE COMPANY SHALL NOT CONFER ANY PRIVATE BENEFIT, EXCEPT WHERE, IN CARRYING OUT ITS OBJECTS, SUCH PRIVATE BENEFIT IS INCIDENTAL TO THE FURTHERANCE OF THE OBJECTS.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds stood at £9.36m, which is significantly above the trustees' stated target range of £1.25m to £1.5m. The charity reports no material uncertainties regarding its ability to continue as a going concern, citing sufficient cash and reserves to support operations for at least 12 months.
What the accounts disclose
“£110,001 - £120,000 1”
“The trustees have therefore set a target reserves range of £1.25m - £1.5m of unrestricted funds to provide flexibility to manage uncertainty while ensuring funds continue to be deployed in furtherance of the charity’s charitable objectives.” — page 20
“The Chair of Trustees, Nick Hurd, received remuneration of £6,000 during the year (2024: £6,000) in recognition of the breadth of responsibilities of the role.” — page 46
“The Chair of Trustees, Nick Hurd, received remuneration of £6,000 during the year (2024: £6,000) in recognition of the breadth of responsibilities of the role.” — page 46
“Access leases office space from Better Society Capital, whose majority shareholder is The Oversight Trust. Rent is paid under an operating lease at a rate of £7,900 per month” — page 46
“The Chair of Trustees, Nick Hurd, received remuneration of £6,000 during the year (2024: £6,000) in recognition of the breadth of responsibilities of the role.” — page 46
“Access leases office space from Better Society Capital, whose majority shareholder is The Oversight Trust. Rent is paid under an operating lease at a rate of £7,900 per month” — page 46
“The Chair of Trustees, Nick Hurd, received remuneration of £6,000 during the year (2024: £6,000) in recognition of the breadth of responsibilities of the role.” — page 46
“Access leases office space from Better Society Capital, whose majority shareholder is The Oversight Trust. Rent is paid under an operating lease at a rate of £7,900 per month” — page 46
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Government income: £11,300,000 — grants £11,300,000 (1); 90% of the £12,511,000 total gross income on the same return
- Employees paid over £60,000: 5 (£60,001–£70,000: 2; £70,001–£80,000: 1; £90,001–£100,000: 1; £110,001–£120,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for acting as trustee
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Government income: £16,730,000 — grants £16,730,000 (2); 92% of the £18,249,000 total gross income on the same return
- Employees paid over £60,000: 3 (£60,001–£70,000: 1; £80,001–£90,000: 1; £100,001–£110,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for acting as trustee
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Government income: £10,520,000 — grants £10,520,000 (2); 89% of the £11,831,000 total gross income on the same return
- Employees paid over £60,000: 2 (£90,001–£100,000: 1; £100,001–£110,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for acting as trustee
- Grant-making is its main activity
In the news
Corporate structure
- Registered company of the charity Companies House 09153909
Leadership, per the charity’s website
- Seb Elsworth — Chief Executive
- Mel Palmer — Director of Finance and Operations
- Chloe Stables — Director of Partnerships and Advocacy
- Lydia Levy — Director of Impact and Evaluation
- Neil Berry — Director of Programmes
Company officers (Companies House)
- BARONE SOARES, Daniela not on trustee list
- MATTIS-ROME, Felicia Latoya on trustee list
- THOMAS, Whitni Mcintosh on trustee list
- HEWETT-AVISON, Simon Douglas on trustee list
- SARWAR, Mohammed Hamzah on trustee list
- ARASARATNAM, Roshana Christine on trustee list
- RANERO, Franz Joseph on trustee list
- GOODALL, Emilie on trustee list
- KUPER, Kate on trustee list
- WILLIAMSON, Robert John on trustee list
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- DANIELA BARONE SOARESchair
- Emilie Goodall
- Felicia Mattis-Rome
- Franz Ranero
- Kate Kuper
- Mohammed Sarwar
- Robert John Williamson
- Roshana Arasaratnam
- Simon Hewett-Avison
- Whitni Thomas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £12.5m | £17.8m |
| 31/12/2024 | £18.2m | £24.6m |
| 31/12/2023 | £11.8m | £19.8m |
| 31/12/2022 | £3.4m | £9.6m |
| 31/12/2021 | £7.4m | £12.9m |
Common questions
Is ACCESS - THE FOUNDATION FOR SOCIAL INVESTMENT financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds stood at £9.36m, which is significantly above the trustees' stated target range of £1.25m to £1.5m. The charity reports no material uncertainties regarding its ability to continue as a going concern, citing sufficient cash and reserves to support operations for at least 12 months. Its FY2025 accounts were audited by Buzzacott Audit LLP.
What does the highest-paid employee of ACCESS - THE FOUNDATION FOR SOCIAL INVESTMENT earn?
Per its FY2025 accounts, the highest-paid employee was in the £110,001 - £120,000 band.
Who funds ACCESS - THE FOUNDATION FOR SOCIAL INVESTMENT?
Funders whose own accounts filings name ACCESS - THE FOUNDATION FOR SOCIAL INVESTMENT as a grant recipient include POWER TO CHANGE TRUST, THE FEDERATION OF GROUNDWORK TRUSTS.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| POWER TO CHANGE TRUST | FY2022 | £400k | Community Tech: Makers and Maintainers Fund |
| THE FEDERATION OF GROUNDWORK TRUSTS | FY2022 | £134k | Grant from list of funders thanked |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/04/2019 | £3.9m | Access Foundation |
| UK government | 01/04/2019 | £5.0m | Access Foundation |
| UK government | — | £4.2m | Access Foundation |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHAREDIMPACT FOUNDATION (UK) LIMITED | 1 | £504k |
| THE PRUDENCE TRUST | 1 | £330k |
| PAUL HAMLYN FOUNDATION | 1 | £170k |
| NORFOLK COMMUNITY FOUNDATION | 1 | £62k |
| THE BLAGRAVE TRUST | 1 | £60k |
| THE AIM FOUNDATION | 1 | £55k |
| MARR-MUNNING TRUST | 1 | £30k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £20k |
Charities like this
- THE ACCESS FOUNDATION
- ACCESS ADVENTURES
- SHARED INTEREST FOUNDATION
- YOUTH ACCESS
- SHAREDIMPACT
- INCLUSION FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ACCESS - THE FOUNDATION FOR SOCIAL INVESTMENT | £12.5m | £110,001 - £120,000 | — | unclear | — | no doubt |
| THE ACCESS FOUNDATION | £561k | — | 0 | unclear | — | no doubt |
| ACCESS ADVENTURES | £427k | — | — | above | — | no doubt |
| SHARED INTEREST FOUNDATION | £683k | — | 0 | above | 3.5% | no doubt |
| YOUTH ACCESS | £396k | — | — | unclear | — | no doubt |
| SHAREDIMPACT | £347k | — | 0 | unclear | — | no doubt |