THE HIVE PORTSMOUTH

Registered charity 1189067 · accounts filings on the Charity Commission register · also known as THE HIVE

HIVE Portsmouth works in partnership with local people, groups and organisations to improve the well-being of people in Portsmouth. We support the development of voluntary and community groups, social enterprise, volunteering and social action. We provide information to guide people to the right support at the right time, enabling early intervention, independence and resilience.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£759k
Latest spending
£999k
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with a deficit of £101,082, resulting in total funds of £1,662,104. Per the trustees' report, unrestricted reserves of £590,729 were held, with £171,133 remaining undesignated, which slightly exceeds the stated safe level of reserves. The trustees confirmed there is no material uncertainty regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Largest income source: Grants receivable (52% of income)
“Grants receivable 439,368 353,200 492,568” — page 21
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £160,285 (held: £591k)
“set the safe level of reserves as £160,285 based on 3 months operational expenditure in 2022/2023.”
Per its FY2024 accounts as filed with the Charity Commission.
Governance: Serious incident report made to the Charities Commission regarding a ransomware attack on direct debit facilities management for the small lottery.
“The ICO confirmed that no regulatory action was necessary, and the Trustees determined that a serious incident report should be made to the Charities Commission. The Charity Commission assessed the circumstances of the incident and concluded that the trustees dealt with the matter appropriately and responsibly.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sumer Audit. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — HIVE Portsmouth (matched by registered charity number).

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 · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£759k
Total spending
£999k
Cost of raising funds
£703
Reserves (reported)
£541k
Employees
13

Reported reserves equal ~6.5 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (93% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.1% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Hampshire · Portsmouth City · Southampton City · West Sussex

Income and spending

Financial year endIncomeSpending
31/03/2025£759k£999k
31/03/2024£745k£846k
31/03/2023£1.4m£872k
31/03/2022£1.4m£806k
31/03/2021£822k£448k

Common questions

Is THE HIVE PORTSMOUTH financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the year with a deficit of £101,082, resulting in total funds of £1,662,104. Per the trustees' report, unrestricted reserves of £590,729 were held, with £171,133 remaining undesignated, which slightly exceeds the stated safe level of reserves. The trustees confirmed there is no material uncertainty regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Sumer Audit.

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.

FunderSimilar charities fundedAmount to them
AGE UK1£252k
CHURCH REVITALISATION TRUST1£32k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with The Hive PSJ Ltd..

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE HIVE PORTSMOUTH£759k—0above—no doubt
The Hive PSJ Ltd. FY2025£128k—0unclear—no doubt
HIVE BRADFORD FY2025£159k—0unclear—no doubt
HOPE INTO ACTION PORTSMOUTH FY2025£309k—0unclear—no doubt
THE PARTNERSHIP FOUNDATION FY2025£145k—0unclear—material uncertainty
PORTSMOUTH AND DISTRICT FRIENDLY SOCIETIES' HOMES FY2024£106k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.