ANDOVER COMMUNITY ENGAGE
Financial health, per its FY2025 accounts
The accounts state that the charity operated with a grant-reliant model, deriving income primarily from grants, community donations, and membership contributions. Expenditure increased significantly due to building setup, equipment purchases, and service expansion, resulting in a net increase in unrestricted funds. The trustees note that reserves remain below their stated target as funds are actively reinvested into service delivery and infrastructure.
What the accounts disclose
“Due to the stage of development and expansion during this period, reserves remain below target, and funds are actively reinvested into service delivery and infrastructure.” — page 6
“Conflict of Interest registered between Tania Hall and Maria Tierney.Siblings. Conflict of interest policy in place.” — page 2
“Conflict of Interest registered between Tania Hall and Maria Tierney.Siblings. Conflict of interest policy in place.” — page 2
Trustees
- Tania Hallchair
- Amanda Mary Amanda Mary Harmer-Legall
- Clive Allan Rowcliffe
- Emma Jennifer Giles
- Heather Hedger
- Joseph Carlo Faretra
- Leah Tierney
- Mandy Pennicott
- Maria Tierney
- Patricia Lynne Gault
- Stu Waue
- Tracy Ruth Faretra
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 02/11/2025 | £183k | £133k |
| 02/11/2024 | £162k | £139k |
| 02/11/2023 | £24k | £26k |
Common questions
Is ANDOVER COMMUNITY ENGAGE financially healthy?
The accounts state that the charity operated with a grant-reliant model, deriving income primarily from grants, community donations, and membership contributions. Expenditure increased significantly due to building setup, equipment purchases, and service expansion, resulting in a net increase in unrestricted funds. The trustees note that reserves remain below their stated target as funds are actively reinvested into service delivery and infrastructure.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MILLS AND REEVE CHARITABLE TRUST | 2 | £3k |
| THE EARL OF NORTHAMPTON'S CHARITY | 1 | £456k |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £300k |
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £100k |
| JOHN LAING CHARITABLE TRUST | 1 | £55k |
| THE BARTLETT FOUNDATION | 1 | £54k |
| GIVE A GIFT | 1 | £45k |
| THE PAUL AND SHEILA BRADSHAW FOUNDATION | 1 | £41k |