THE AVENUE TRUST
ADVANCING CHARITABLE CHRISTIAN PURPOSES WITHIN THE BOROUGH OF SOUTHEND ON SEA & ROCHFORD AND THE PROVISON OF HOUSING FOR VUNDERABLE ADULTS
Objects
(A) TO RELIEVE POVERTY AMONG THE HOMELESS AND/OR AGED BY THE PROVISION OF A HOUSE OR HOUSES OR BUILDINGS WHETHER BY ACQUISTION OF LAND AND CONSTRUCTION OF A BUILDIN OR BY THE ACQUISTION OF EXISTING PREMISES AND CARRYING OUT ALL SUCH REPAIRS, ALTERATIONS AND IMPROVEMENTS AS MAY BE REQUIRED AND EQUIPPING SUCH HOUSE OR HOUSES IN MANNER SUITABLE FOR SUCH PURPOSES AS AFORESAID AND FOR THE BENEFIT OF PERSONS SO TO BE HOUSED. (B) TO ADVANCE CHARITABLE CHRISTIAN PURPOSES WITHIN THE SAID DISTRICT COUNCIL AREA.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a financial surplus and total unrestricted funds of £1,242,976, which the trustees consider to be sound. Although the investment fund value decreased due to market impacts, the charity maintained its property portfolio and continued grant-making activities. The independent examiner reported no matters requiring attention, indicating compliance with accounting standards.
What the accounts disclose
Policies the charity declares
- Conflicting interests
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Glen Michael Johnsonchair
- Carol Ann Eastwick
- Jacqueline Mavis Dickenson
- Jonathan Paul Crowe
- Melvin Raymond Pool
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £44k | £42k |
| 31/03/2024 | £41k | £96k |
| 31/03/2023 | £34k | £76k |
| 31/03/2022 | £31k | £36k |
| 31/03/2021 | £63k | £44k |
Common questions
Is THE AVENUE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a financial surplus and total unrestricted funds of £1,242,976, which the trustees consider to be sound. Although the investment fund value decreased due to market impacts, the charity maintained its property portfolio and continued grant-making activities. The independent examiner reported no matters requiring attention, indicating compliance with accounting standards. Its FY2025 accounts were independently examined.