THRIVE

Registered charity 1198470 · accounts filings on the Charity Commission register

Thrive is an award-winning organisation working in Teesside, advocating for the voice of lived experience to be included in decision-making processes.We do this through research, tailored one to one support and by taking local action: bringing together local people and institutions. We have three paid members of staff, a group of dedicated volunteers and a Board of Trustees.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income

£162k

Latest spending

£196k

Registered

2022

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that total reserves stood at £153,012, comprising £100,062 in unrestricted funds and £52,950 in restricted funds. The trustees aim to maintain free reserves equivalent to six months of running costs as a financial cushion. The charity reported a net expenditure of £34,778 for the year, resulting in a decrease in total net assets from £187,791 in the previous year.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 6 months running costs (held: £100k)

“Free reserves at the level of 6 months running costs would allow the charity to continue it's operations while alternative funding sources were sought.”

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Arts Council England — “We’re thrilled to share that the Rock Pools Project has been awarded £1,000,000 as part of Arts Council England’s Creative People and Places…” (source page)

Public profiles (found on the charity’s own website): facebook

Register events

Received assets from another charity (30/06/2022) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

BARBARA HELEN HUNGINchair · trustee of 1 other charity
Heather Louise Mew
Jim Robertson
Julie Harrison
Lewis Young
Stephanie Mulrine
Victoria Jamie McGowan

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

Operates in: Hartlepool · Middlesbrough · Stockton-on-tees

Income and spending

Financial year end	Income	Spending
31/03/2025	£162k	£196k
31/03/2024	£225k	£158k
31/03/2023	£249k	£128k

Common questions

Is THRIVE financially healthy?

Per its FY2025 accounts: The accounts state that total reserves stood at £153,012, comprising £100,062 in unrestricted funds and £52,950 in restricted funds. The trustees aim to maintain free reserves equivalent to six months of running costs as a financial cushion. The charity reported a net expenditure of £34,778 for the year, resulting in a decrease in total net assets from £187,791 in the previous year. Its FY2025 accounts were independently examined.