THE HIVE PORTSMOUTH
Financial health, per its FY2023 accounts
The accounts state that the charity ended the year with a surplus of £560,092 and held unrestricted reserves of £690,361, which exceeds the trustees' stated safe level of £160,000. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors.
What the accounts disclose
Funders the charity credits
- BAE Systems
- National Institute for Health Research
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (23/08/2022)
Trustees
- REV ROBERT CHARLES WHITEchair
- Ian Morris
- Ian Piper
- Joanna Catherine Toms
- RORY MASSEY
- Sandra Bramley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
The accounts state that the charity ended the year with a surplus of £560,092 and held unrestricted reserves of £690,361, which exceeds the trustees' stated safe level of £160,000. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors. Its FY2023 accounts were audited by Jones Avens Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £64k |