HASTINGS THRIVES
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.
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.
What the accounts disclose
“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
“Hastings Thrives had cash funds of £23047 at the end of 2024, with a total income of £26580 and expenditure of £31742.” — page 28
“Hastings Thrives had cash funds of £23047 at the end of 2024, with a total income of £26580 and expenditure of £31742.” — page 28
Funders the charity credits
- Post Code Lottery
- The Magdalen and Lasher Charity
- Co-op Community Fund
- Comic Relief
- The Magdalen and Lasher Trust
- Foreshore Trust
- Youth Music
Trustees
- Emma Anderson-Shuttleworth
- Jennifer Lozano
- Jonathan Frederick Morris
- Susanna Longley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 30/09/2024 | £10k | Unrestricted Funding |
| The National Lottery Community Fund | 21/02/2019 | £6k | Inclusion Training |