THE ANDOVER CHARITIES
The Charity has a small number of properties which are allocated to persons living in the "ancient parish of Andover"Grants are also made to the needy in the "ancient parish of Andover"
Financial health, per its FY2024 accounts
The accounts state that the charity reported a total deficit of £12,222 for the year ended 31 December 2024, a significant improvement from the £39,488 deficit in the prior year. Per the trustees' report, unrestricted reserves decreased to £202,008 from £227,824, while total net assets stood at £597,136. The charity holds a stated reserves policy to maintain adequate funds for housing stock repair and future development.
What the accounts disclose
“Income for the Charity increased due to the rental of the Adelaide Road properties.”
“Reserves are held in order to provide adequate funds to maintain the housing stock in good repair and in order to fund future development.” — page 4
Trustees
- Councillor Nick Lodgechair
- JOHN NULTY
- Jan Franciszek Budzynski
- PAMELA WOOLGROVE
- Steven Hardstaff
- Tony Burley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £147k | £170k |
| 31/12/2023 | £88k | £145k |
| 31/12/2022 | £104k | £85k |
| 31/12/2021 | £77k | £83k |
| 31/12/2020 | £81k | £101k |
Common questions
Is THE ANDOVER CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a total deficit of £12,222 for the year ended 31 December 2024, a significant improvement from the £39,488 deficit in the prior year. Per the trustees' report, unrestricted reserves decreased to £202,008 from £227,824, while total net assets stood at £597,136. The charity holds a stated reserves policy to maintain adequate funds for housing stock repair and future development. Its FY2024 accounts were audited by Hysons Audit Services Ltd.
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, BEDFORD
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, OXFORD
- MUNICIPAL CHARITIES OF DOVER
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW WITH ST ETHELDREDA, HISTON
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, IVER
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST KNUTSFORD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ANDOVER CHARITIES | £147k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, BEDFORD | £433k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, OXFORD | £975k | — | 0 | unclear | — | no doubt |
| MUNICIPAL CHARITIES OF DOVER | £447k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW WITH ST ETHELDREDA, HISTON | £433k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, IVER | £127k | — | 0 | unclear | 2.4% | no doubt |