Challenger Academy Limited
Using the unique tools of the creative industries, The Challenger Academy equips underrepresented youth with the confidence and capability needed to thrive in a future career. Through training programmes and work experience focused on developing key employability and digital skills for the modern workforce, our aim is to ensure that location or circumstances are never a barrier to opportunity.
Objects
TO ACT AS A RESOURCE FOR YOUNG PEOPLE UP TO THE AGE OF 24 LIVING IN STOKE-ON-TRENT AND STAFFORDSHIRE, AND LOOKING TO EXPAND TO OTHER AREAS OF SOCIAL DEPRIVATION, BY PROVIDING VOCATIONAL TRAINING, WORK EXPERIENCE, EMPLOYABILITY SKILLS, AND MENTORSHIP AS A MEANS OF:(A) ADVANCING EDUCATION TO PROMOTE, SUSTAIN AND INCREASE INDIVIDUAL AND COLLECTIVE KNOWLEDGE AND UNDERSTANDING OF THE CREATIVE SECTOR.(B) IMPROVING EMPLOYMENT OUTCOMES FOR YOUNG PEOPLE, AND CREATING LOCAL JOBS, WHICH POSITIVELY IMPACTS THE COMMUNITY AND WIDER ECONOMY.(C) INCREASING REPRESENTATION OF YOUNG PEOPLE FROM LOWER SOCIOECONOMIC BACKGROUNDS IN THE ADVERTISING AND CREATIVE INDUSTRIES.
Financial health, per its FY2025 accounts
The accounts state that the charity reported total income of £131,253 against total expenditure of £105,582, resulting in a net surplus of £25,671 for the period. Per the trustees' report, unrestricted reserves increased to £9,800 and restricted reserves stood at £20,828, bringing total funds to £30,628. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Funders the charity credits
Trustees
- Adrian Coleman
- Charles Vallance
- Daniel Waterman
- John Yarham
- Kenny Dada
- Mark Gregory
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £131k | £106k |
Common questions
Is Challenger Academy Limited financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported total income of £131,253 against total expenditure of £105,582, resulting in a net surplus of £25,671 for the period. Per the trustees' report, unrestricted reserves increased to £9,800 and restricted reserves stood at £20,828, bringing total funds to £30,628. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 14/02/2025 | £20k | Challenger Future Skills Project |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MONDAY CHARITABLE TRUST | 1 | £2.8m |
| The Merchant Taylors' Foundation | 1 | £200k |
| JOHN LYON'S CHARITY | 1 | £180k |
| SANTANDER UK FOUNDATION LIMITED | 1 | £135k |
| AKO FOUNDATION | 1 | £128k |
| THE HABERDASHERS' FOUNDATION | 1 | £101k |
| CHK Foundation | 1 | £100k |
| WALCOT EDUCATIONAL FOUNDATION | 1 | £100k |
Charities like this
- FUTURE SKILLS TRAINING
- CONSTRUCTION INDUSTRY TRUST FOR YOUTH
- Young Leaders Academy
- YOUTHSAYERS CIO
- CODE YOUR FUTURE
- TRAINING 2000 LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Challenger Academy Limited | £131k | — | 0 | unclear | — | no doubt |
| FUTURE SKILLS TRAINING | £234k | — | 0 | above | — | no doubt |
| CONSTRUCTION INDUSTRY TRUST FOR YOUTH | £1.9m | £80,001 - £90,000 | 1 | below | — | no doubt |
| Young Leaders Academy | £194k | — | 0 | above | — | no doubt |
| YOUTHSAYERS CIO | £102k | — | 0 | above | — | no doubt |
| CODE YOUR FUTURE | £1.2m | — | — | unclear | 18.0% | no doubt |