AMBITION, ASPIRE, ACHIEVE
Ambition, Aspire, Achieve focuses on the communities of Newham and East London. We work in partnership with, and receive referrals schools, education welfare services, health visitors, family and child consultation services, community mental health teams, probation services, family support groups, disability support groups, community organisations and youth offending teams.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £384,626 exceed the charity's stated policy target of six months of core running costs, indicating a healthy reserve position relative to its own benchmark. However, the charity reported a net income decline to £34,717 from £280,137 in the prior year, driven by a significant drop in grant income. The trustees and auditors note that the going concern basis is dependent on the future flow of uncertain funding streams, though no material uncertainties were identified.
What the accounts disclose
“The trustees have set the reserves target at the equivalent of six months of core running costs.”
“The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concer basis is dependent on the future flow of these uncertain funding streams.” — page 26
“Mr. John Bergin Trustee Chief Executive of Newham Music. The total donations received during the year from Newham Music amounted to £165.” — page 34
“Ms. Sharon Kaur Trustee Director of Sahara Care Limited. Sahara Care Limited made donations of £10,000 during the year to Ambition Aspire Achieve.” — page 34
“Mr. John Bergin Trustee Chief Executive of Newham Music. The total donations received during the year from Newham Music amounted to £165.” — page 34
“Ms. Sharon Kaur Trustee Director of Sahara Care Limited. Sahara Care Limited made donations of £10,000 during the year to Ambition Aspire Achieve.” — page 34
“Mr. John Bergin Trustee Chief Executive of Newham Music. The total donations received during the year from Newham Music amounted to £165.” — page 34
“Ms. Sharon Kaur Trustee Director of Sahara Care Limited. Sahara Care Limited made donations of £10,000 during the year to Ambition Aspire Achieve.” — page 34
“Mr. John Bergin Trustee Chief Executive of Newham Music. The total donations received during the year from Newham Music amounted to £165.” — page 34
“Ms. Sharon Kaur Trustee Director of Sahara Care Limited. Sahara Care Limited made donations of £10,000 during the year to Ambition Aspire Achieve.” — page 34
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (15/02/2020)
Trustees
- CHRISTINE BOWDENchair
- COLIN ANDREW GRAINGER
- David Burns
- HAYDN POWELL
- HURJINDER KAUR
- Helen Valentina Page
- ILDIKO MELBA PALHAZY
- John Bergin
- KAREN ANDERSON AY
- STEVE CAMERON
- Sarah Ruiz
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £986k | £951k |
| 31/03/2024 | £1.2m | £889k |
| 31/03/2023 | £932k | £814k |
| 31/03/2022 | £835k | £748k |
| 31/03/2021 | £836k | £644k |
Common questions
Is AMBITION, ASPIRE, ACHIEVE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £384,626 exceed the charity's stated policy target of six months of core running costs, indicating a healthy reserve position relative to its own benchmark. However, the charity reported a net income decline to £34,717 from £280,137 in the prior year, driven by a significant drop in grant income. The trustees and auditors note that the going concern basis is dependent on the future flow of uncertain funding streams, though no material uncertainties were identified. Its FY2025 accounts were audited by Accountax Auditing Ltd.
Who funds AMBITION, ASPIRE, ACHIEVE?
Funders whose own accounts filings name AMBITION, ASPIRE, ACHIEVE as a grant recipient include THE CHILDHOOD TRUST, THE LONDON MARATHON CHARITABLE TRUST LIMITED, The Ethos Foundation, CHARLES S FRENCH CHARITABLE TRUST, ROYAL DOCKS TRUST (LONDON).
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CHILDHOOD TRUST | FY2023 | £58k | |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | FY2023 | £10k | Outdoor learning and adventure play clubs |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | FY2024 | £10k | Outdoor learning and adventure play clubs |
| The Ethos Foundation | FY2023 | £8k | Other smaller grants |
| The Ethos Foundation | FY2022 | £5k | Miscellaneous smaller grant. |
| CHARLES S FRENCH CHARITABLE TRUST | FY2022 | £3k | |
| THE CHILDHOOD TRUST | FY2022 | £3k | |
| ROYAL DOCKS TRUST (LONDON) | FY2025 | £2k | Christmas Toy Appeal |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 02/11/2023 | £109k | Grant to Ambition Aspire Achieve |
| Sport England | 01/11/2023 | £6k | AAA Arc Getting Active |
| UK government | 01/07/2023 | £10k | NCS Trust Community Grants Ambition AA |
| UK government | 01/07/2023 | £9k | NCS Trust Community Grants Ambition AA |
| The National Lottery Heritage Fund | 03/05/2023 | £10k | "Newham Recorder Cataloguing Project: Celebrating Ferry Festival" |
| Sport England | 01/06/2022 | £8k | Jubilee Fund - Arc Multi-Sports |
| UK government | 29/09/2020 | £46k | Coronavirus Community Support Fund |
| UK government | 28/02/2020 | £8k | UK Youth Fund YAF |
| UK government | 28/02/2020 | £16k | UK Youth Fund YAF |
| City Bridge Foundation | 30/01/2020 | £127k | Grant to Ambition Aspire Achieve |
| The National Lottery Community Fund | 12/12/2019 | £48k | Growing and Developing |
| Sport England | 06/08/2019 | £8k | Summer 2019 Activities |
| City Bridge Foundation | 11/07/2019 | £2k | Grant to Ambition Aspire Achieve |
| Greater London Authority | 07/01/2019 | £141k | Young Londoners Fund |
| UK government | 03/09/2018 | £30k | Knife Crime Community Fund 18-19 |
| UK government | — | £20k | Knife Crime Community Fund 17-18 |