BOURNEMOUTH SPEAR TRUST
Bournemouth Spear Trust acts for the benefit of the public and within a Christian ethos, to act as a resourcefor young people between the ages of 16 to 24 living in and around Bournemouth by providing advice,assistance and support, educational programmes and other activities.
Financial health, per its FY2025 accounts
The accounts state that total funds carried forward amounted to £4,321, which is below the trustees' stated policy target of keeping three months' running costs as reserves. The charity relies on a contingency loan from partner Resurgo Trust to underpin short-term running costs, indicating a dependency on external support to maintain operations.
What the accounts disclose
“Funding from grants amounted to £64,706 for the financial year. Individual donations and other income for the financial year totalled £24,258.” — page 8
“aiming to keep 3 months' running costs as reserves”
“In September 2024, a contingency loan of £17,500 was received from Resurgo to underpin running costs in the short term if required. One instalment of £1,458 was repaid in February 2025.” — page 8
“Lovechurch provides invaluable support via the expertise and time of its staff and members, as well as donated office space. Lovechurch has provided donated training space since Spear moved from initially being presented online during the Covid-19 pandemic to being presented in person with effect from September 2021.” — page 4
“In September 2024, a contingency loan of £17,500 was received from Resurgo to underpin running costs in the short term if required. One instalment of £1,458 was repaid in February 2025.” — page 8
“Lovechurch provides invaluable support via the expertise and time of its staff and members, as well as donated office space. Lovechurch has provided donated training space since Spear moved from initially being presented online during the Covid-19 pandemic to being presented in person with effect from September 2021.” — page 4
Trustees
- Jonathan Pascallchair
- Carlton Geake
- James Peter Carnegie
- Mandy Bond
- Rev Timothy Matthews
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £89k | £94k |
| 31/08/2024 | £127k | £133k |
| 31/08/2023 | £89k | £98k |
| 31/08/2022 | £136k | £114k |
| 31/08/2021 | £88k | £86k |
Common questions
Is BOURNEMOUTH SPEAR TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds carried forward amounted to £4,321, which is below the trustees' stated policy target of keeping three months' running costs as reserves. The charity relies on a contingency loan from partner Resurgo Trust to underpin short-term running costs, indicating a dependency on external support to maintain operations. Its FY2025 accounts were independently examined.
Who funds BOURNEMOUTH SPEAR TRUST?
Funders whose own accounts filings name BOURNEMOUTH SPEAR TRUST as a grant recipient include TALBOT VILLAGE TRUST, THE BURRY CHARITABLE TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| TALBOT VILLAGE TRUST | FY2023 | £30k | |
| TALBOT VILLAGE TRUST | FY2024 | £25k | |
| THE BURRY CHARITABLE TRUST | FY2025 | £5k | |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD | FY2025 | £200 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/11/2022 | £65k | The Spear Programme - Bournemouth |
| Postcode Lottery | 26/04/2022 | £15k | The Spear Programme - employability training |