THE HABBIT FACTORY
Registered charity 1162418 · accounts filings on the Charity Commission register · also known as NONE
The Habbit Factory is an inclusive arts organisation in The London Borough of Havering. Welcoming all, and working with some of the most excluded and disadvantaged children, young people and adults in the area. Through a targeted network of partners, our work helps people who do not see themselves as artists or have access to any creative engagement or provision.
Causes: Education/training · Disability · Arts/culture/heritage/science · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of just over £5,000, increasing its total reserves to almost £36,000, though only £12,500 of this is unrestricted. Per the Treasurer’s report, monthly expenditure averages more than £15,000, meaning current reserves cover approximately 2.3 months of operational costs. The trustees acknowledge a dependency on non-guaranteed grant income and have approved initiatives to improve financial resilience and build unrestricted reserves.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Largest income source: none
“This has been mainly driven by a substantial increase in grant funding, with an additional £23,500 already received for projects planned for later in 2025.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £13k; policy: three months of operational costs)
“A key aim is to build our reserves to a minimum of three months’ operational costs. (currently at 2.5)”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“As with most charities, each year we are dependent on grants and fundraising. Most grant income is not guaranteed and/or is subject to change, whereas many of our costs are difficult to flex in the short term and will tend to increase.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Public fundraising profile: JustGiving — The Habbit Factory (matched by registered charity number).
Public profiles (found on the charity’s own website): facebook · instagram
- Robert Lithgowchair
- Andrew Bennett
- Dimple Pau
- Georgina Hart
- Guleraana Mir
- KIERAN O'CALLAGHAN
- Makola Mayambika
- Neera Dhir
- Timothy Steel
Trustee list from the Charity Commission register (current, not historical).
Operates in: Havering
Income and spending
Common questions
Is THE HABBIT FACTORY financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of just over £5,000, increasing its total reserves to almost £36,000, though only £12,500 of this is unrestricted. Per the Treasurer’s report, monthly expenditure averages more than £15,000, meaning current reserves cover approximately 2.3 months of operational costs. The trustees acknowledge a dependency on non-guaranteed grant income and have approved initiatives to improve financial resilience and build unrestricted reserves. Its FY2025 accounts were independently examined.
Who funds THE HABBIT FACTORY?
Funders whose own accounts filings name THE HABBIT FACTORY as a grant recipient include CHARLES S FRENCH CHARITABLE TRUST, GOWLING WLG (UK) CHARITABLE TRUST.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 THE BOMB FACTORY ART FOUNDATION.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.