Andrews Charitable Trust
Analysis
Andrews Charitable Trust is a registered charity in England and Wales, based in Bristol. It was registered in September 2017, 9 years ago. Its declared purposes cover the prevention or relief of poverty, accommodation/housing and religious activities, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 10961227). It says it makes grants to organisations, provides other finance and provides buildings/facilities/open space.
In the financial year ending December 2024, Andrews Charitable Trust reported income of £21.3m and spending of £21.6m, spending 102% of its income. Across the 4 years on record, from December 2021 to December 2024, income fell from £24.4m to £21.3m (-13%), an average of -4.5% a year. Over the whole period it spent 109% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Andrews Charitable Trust sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include Money Advice Trust (£19.9m), Furniture Resource Centre Limited (£21.7m) and War Child (£19.8m).
In its latest detailed accounts, income came from trading 95% and investments 4.2%. Charitable activities took 2.8% of spending and raising funds 97%. Grants to other organisations totalled £142k. Reserves of £8.4m would cover about 5 months of spending at that rate. It employed 3 people.
Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue. Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Donations 0.0%
- Trading 95%
- Investments 4.2%
- Other 0.9%
In the charity's own words
ACT is a charitable trust, which supports the work of other charities. We focus on tackling housing-related poverty including supporting social action by churches and through the distribution of Christian literature. We register consolidated financial statements, which includes our investment in Andrews & Partners Ltd, also set up by Cecil Jackson Cole, our founder.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Money Advice Trust | Birmingham | £19.9m |
| Furniture Resource Centre Limited | Liverpool | £21.7m |
| War Child | London | £19.8m |
| The King's Trust Group Company | London | £22.0m |