THE EARLEY CHARITY
Grants given to individuals and organisations for the purpose of the relief of the needy, sick and elderly residents of the area of benefit, which covers the Ancient Liberty of Earley and the neighbourhood thereof.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure deficit of £845,717 for the year, driven by charitable grants exceeding investment income. However, the trustees confirm that unrestricted free reserves stood at £799,731, which is above the stated policy target of £500,000, and the endowment portfolio remained stable at over £10 million. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“trustees have decided on an agreed level of unrestricted free reserves of £500,000, equating to around six-months’ unrestricted charitable expenditure.”
“The charity purchased indemnity insurance for the trustees totalling £2,498 (2024: £2,236). Earley CResCent Community Association The Earley Charity appoints two of the trustees of the Earley CResCent Community Association, R Ames and P Hooper. These appointments were made following a major grant award and as a condition of that grant award. During the year, The Earley Charity gave £121,000 (2024: £121,000) to the Earley CResCent Community Association. A further £9,882 (2024: £7,045) was paid to Earley CResCent Community Association in respect of rent and meeting room costs. Weller Centre Trustees D Jenkins and D Sutton are on the Weller Centre management board. They are also members of the Weller Centre Advisory Board, along with trustee P Hooper. These appointments were made following a major grant award and as a condition of that award. During the year, The Earley Charity gave £121,000 (2024: £121,000) to the Weller Centre. Aspire2 Trustee M Waite is a partner of Aspire2. During the year, The Earley Charity gave £15,000 (2024: £15,000) to Aspire2. At the balance sheet date £15,000 (2024: £15,000) was approved but unpaid. Reading International Solidarity Centre (RISC) Trustee D Sutton is a member of the Reading International Solidarity Centre. During the year, The Earley Charity gave £65,303 (2024: £68,455) to RISC. At the balance sheet date £54,352 (2024: £14,979) was approved but unpaid. Rockets Sport and Educational Foundation Trustee E Terry has a spouse who is a trustee of the Rockets Sport and Educational Foundation. During the year, The Earley Charity gave £14,838 (2024: £14,838) to Rockets Sport and Educational Foundation. At the balance sheet date £14,963 (2024: £14,838) was approved but unpaid.” — page 34
Trustees
- ROBERT EDWARD AMESchair
- Dr DEBORAH GWENDOLINE JENKINS
- Dr David Christopher SUTTON
- Dr Richard John Cocks
- Elizabeth Ann Terry
- MARY CATHERINE WAITE
- PHILIP REGINALD HOOPER
- Tahir Maher
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £235k | £1.1m |
| 31/12/2024 | £267k | £1.2m |
| 31/12/2023 | £247k | £137k |
| 31/12/2022 | £247k | £-542k |
| 31/12/2021 | £283k | £1.9m |
Common questions
Is THE EARLEY CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure deficit of £845,717 for the year, driven by charitable grants exceeding investment income. However, the trustees confirm that unrestricted free reserves stood at £799,731, which is above the stated policy target of £500,000, and the endowment portfolio remained stable at over £10 million. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Vale & West Accountancy Services Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| STARLOW CHARITIES LIMITED | 1 | £70k |
| GOLDHEART CHARITY LIMITED | 1 | £53k |
| WISEHEIGHTS LIMITED | 1 | £12k |
| REDEEMER CHURCH CHESTER LE STREET | 1 | £9k |
| BEIS MINCHAS YITZCHOK TRUST | 1 | £0 |
Charities like this
- THE EARLEY CHARITABLE TRUST
- AUDREY EARLE CHARITABLE TRUST
- EARLEYBIRD PRE-SCHOOL
- G F EYRE CHARITABLE TRUST
- LAND AND POSSESSIONS OF THE POOR OF ELY OTHERWISE PARSONS' CHARITY
- REGIONS BEYOND UK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE EARLEY CHARITY | £235k | — | 0 | above | — | no doubt |
| THE EARLEY CHARITABLE TRUST | £122k | — | 0 | above | — | no doubt |
| AUDREY EARLE CHARITABLE TRUST | £180k | — | 0 | unclear | — | no doubt |
| EARLEYBIRD PRE-SCHOOL | £327k | — | 0 | above | 18.0% | no doubt |
| G F EYRE CHARITABLE TRUST | £124k | — | 0 | above | — | no doubt |
| LAND AND POSSESSIONS OF THE POOR OF ELY OTHERWISE PARSONS' CHARITY | £450k | — | 0 | unclear | — | no doubt |