ANDREWS CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the group reported a net loss of £351,909 for the year ended 31 December 2024, a significant improvement from the £3,227,206 loss in the prior year. The trustees confirm that the group has transitioned to a more profitable basis and has no material uncertainty regarding its ability to continue as a going concern. Additionally, the group debt was fully repaid by April 2025, leaving the entity debt-free.
What the accounts disclose
“A vital part of our success comes from the unwavering support of Andrews Property Group. Their expertise in housing management and landlord services underpins our Establish programme, while their contributions to core functions - IT, marketing, finance, and compliance - have strengthened our foundation.” — page 6
“The company registered number of Andrews and Partners Limited is 00235326.”
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (14/09/2021)
- Received assets from another charity (20/09/2018)
Trustees
- AMI DAVISchair
- Alexandra McDonald
- Kelly Hall
- Nana Akua Boakye
- Sailesh Mehta
- Simon Chisholm
- Steve Kelly
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £21.3m | £21.6m |
| 31/12/2023 | £20.3m | £22.4m |
| 31/12/2022 | £22.0m | £25.2m |
| 31/12/2021 | £24.4m | £26.9m |
| 31/12/2020 | £23.0m | £23.8m |
Common questions
Is ANDREWS CHARITABLE TRUST financially healthy?
The accounts state that the group reported a net loss of £351,909 for the year ended 31 December 2024, a significant improvement from the £3,227,206 loss in the prior year. The trustees confirm that the group has transitioned to a more profitable basis and has no material uncertainty regarding its ability to continue as a going concern. Additionally, the group debt was fully repaid by April 2025, leaving the entity debt-free. Its FY2024 accounts were audited by Crowe UK LLP.