Practical Tools Initiative Limited
Analysis
Practical Tools Initiative Limited is a registered charity in England and Wales, based in Hampshire. It was registered in June 2013, 13 years ago. Its declared purposes cover general charitable purposes, education/training, the advancement of health or saving of lives and disability, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 08249953). It says it provides other finance, provides human resources and provides services.
In the financial year ending July 2026, Practical Tools Initiative Limited reported income of £636k and spending of £347k, leaving 45% of income unspent that year. Across the 5 years on record, from July 2022 to July 2026, income grew from £145k to £636k (+338%), an average of +45% a year. The sharpest change came in the year to July 2026, when income rose by 257%. Over the whole period it spent 75% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Practical Tools Initiative Limited sits at the 86th percentile: it is larger than about 86% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include Pancreatic Cancer Action (£635k), St Martin's Centre Partnership (£636k) and Carers' Support (Bexley) (£635k).
In its latest detailed accounts, income came from charitable activities 100%. Charitable activities took 100% of spending and raising funds 0.1%. Reserves of £3,999 would cover about 0 months of spending at that rate.
Income and spending
Where the income comes from
- Donations 0.2%
- Charitable activities 100%
- Investments 0.2%
In the charity's own words
The prevention or relief of poverty or financial hardship anywhere in the world by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient in particular by collecting, refurbishing and supplying used tools to those with a charitable need.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pancreatic Cancer Action | Surrey | £635k |
| St Martin's Centre Partnership | Newcastle Upon Tyne | £636k |
| Carers' Support (Bexley) | Dartford | £635k |
| Hands on London | London | £636k |