ARC INITIATIVE
A charitable organisation that offers consultancy to young adults from under-resourced communities to advance social mobility through varied programmes focused on CV Writing, Interview preparation, growth mindset, self-awareness training, hybrid working principles & 1:1 mentoring. The aim and focus will be empowering and engaging individuals, resulting in positive, sustainable change.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of £20,422 for the year ended 5th April 2025, resulting in total net assets of £20,452. The trustees note that most income remains restricted, and the charity does not yet hold full free reserves, though it aims to build reserves equivalent to six months of running costs. The trustees are confident in the charity's financial position and sustainability.
What the accounts disclose
“The Trustees remain committed to building reserves equivalent to at least six months of running costs as our income grows and diversifies.” — page 5
Trustees
- Stephanie Nicolachair
- Conrad Benjamin
- Craig Wright
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £56k | £35k |
| 05/04/2024 | £15k | £33k |
| 05/04/2023 | £20k | £2k |
Common questions
Is ARC INITIATIVE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of £20,422 for the year ended 5th April 2025, resulting in total net assets of £20,452. The trustees note that most income remains restricted, and the charity does not yet hold full free reserves, though it aims to build reserves equivalent to six months of running costs. The trustees are confident in the charity's financial position and sustainability. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 03/02/2023 | £10k | Life Leaders |