HASTINGS THRIVES

Registered charity 1170342 · accounts filings on the Charity Commission register

Addressing barriers to learning in the most vulnerable children from age 2 onwards through training and one to one support. The charity also provides enrichment activities in the areas of music and the arts.

Causes: Education/training · website · Get email alerts

Latest income
£27k
Latest spending
£32k
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with a net deficit, as total expenditure of £31,742 exceeded total income of £26,580. Consequently, cash reserves fell to £23,047, and the charity reports having no physical or financial assets. The trustees note that the organization continues to rely on volunteers and freelance staff to keep overheads to a minimum while delivering its programs.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: none
The vast majority of income was in the form of grants, from Government, Trusts and Companies, as we did not host a major event this year. — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £23k)
Hastings Thrives had cash funds of £23047 at the end of 2024, with a total income of £26580 and expenditure of £31742. — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
Hastings Thrives had cash funds of £23047 at the end of 2024, with a total income of £26580 and expenditure of £31742. — page 28
Per its FY2024 accounts as filed with the Charity Commission.

Discloses 3 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

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

Operates in: East Sussex

Income and spending

Financial year endIncomeSpending
31/12/2024£27k£32k
31/12/2023£63k£34k
31/12/2022£34k£20k
30/11/2021£45k£32k
30/11/2020£17k£15k

Common questions

Is HASTINGS THRIVES financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the year with a net deficit, as total expenditure of £31,742 exceeded total income of £26,580. Consequently, cash reserves fell to £23,047, and the charity reports having no physical or financial assets. The trustees note that the organization continues to rely on volunteers and freelance staff to keep overheads to a minimum while delivering its programs.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Postcode Lottery30/09/2024£10kUnrestricted Funding
The National Lottery Community Fund21/02/2019£6kInclusion Training