ASEL Foundation CIO
The ASEL Foundation's objective is the relief and rehabilitation of those in need due to financial hardship, ill-health and alcohol and drug dependency through grant funding places at rehabilitation centres and through grant funding national initiatives which are focused on the rehabilitation of individuals who are committing crime because of their alcohol and drug dependency.
Objects
THE RELIEF AND REHABILITATION OF THOSE IN NEED DUE TO FINANCIAL HARDSHIP, ILL-HEALTH AND ALCOHOL & DRUG DEPENDENCY THROUGH GRANT FUNDING PLACES AT REHABILITATION CENTRES AND THROUGH GRANT FUNDING NATIONAL INITIATIVES WHICH ARE FOCUSED ON THE REHABILITATION OF INDIVIDUALS WHO ARE COMMITTING CRIME BECAUSE OF THEIR ALCOHOL AND DRUG DEPENDENCY.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £5,072 for the year ended 30 September 2025, strengthening its unrestricted reserves to £13,333. The trustees consider that these reserves are maintained at a level sufficient to meet expected future expenditure commitments and align with the charity's reserves policy. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were materially non-compliant.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Policies the charity declares
- Financial reserves policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/09/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/09/2024
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/09/2023
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 3 annual returns with a recorded received date, 2 were received after the due date: year ending 30/09/2024 (received 05/08/2025, 6 days after the 30/07/2025 due date); year ending 30/09/2023 (received 23/02/2025, 208 days after the 30/07/2024 due date).
Trustees
- Peter Fisherchair
- Annelies Victoria Jennifer Kowzan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £55k | £50k |
| 30/09/2024 | £72k | £97k |
| 30/09/2023 | £84k | £51k |
Common questions
Is ASEL Foundation CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £5,072 for the year ended 30 September 2025, strengthening its unrestricted reserves to £13,333. The trustees consider that these reserves are maintained at a level sufficient to meet expected future expenditure commitments and align with the charity's reserves policy. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were materially non-compliant. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PERSULA FOUNDATION | 1 | £615k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £70k |
| THE FORTE CHARITABLE FOUNDATION | 1 | £67k |
| The Arete Foundation | 1 | £12k |
| THE WILL CHARITABLE TRUST | 1 | £10k |
| FRAZER TRUST | 1 | £9k |
| THE DUKE OF NORTHUMBERLAND'S CHARITY | 1 | £5k |
| THE BERNICIA FOUNDATION | 1 | £5k |
Charities like this
- ESSENTIAL DRUG AND ALCOHOL SERVICES
- CELLS PROJECT CIO
- ASB HELP
- ESSEX RECOVERY FOUNDATION
- AXIS FOUNDATION
- SEASONS REHABILITATION CENTRE LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ASEL Foundation CIO | £55k | — | 0 | unclear | — | no doubt |
| ESSENTIAL DRUG AND ALCOHOL SERVICES | £344k | — | 0 | unclear | — | no doubt |
| CELLS PROJECT CIO | £661k | — | 0 | below | — | no doubt |
| ASB HELP | £219k | — | 0 | unclear | — | no doubt |
| ESSEX RECOVERY FOUNDATION | £755k | — | 1 | below | — | no doubt |
| AXIS FOUNDATION | £490k | — | 0 | unclear | — | no doubt |