CCEW Charity Commission profile

ALACRITY FOUNDATION

Registered charity 1140916 · organisation 5017198

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
Charitable company
Registered
30 March 2011
Removed
Not supplied
Company number supplied
07554557
Financial period
1 April 2024 – 31 March 2025
Latest income
£1,732,862
Latest expenditure
£1,490,097
Gift Aid
No
Owns or uses land
No
In administration
No
Insolvent
No
CIO
No

Public contact address: Alacrity House, Kingsway, Newport, NP20 1HG

Website recorded by the regulator: www.alacrityfoundation.co.uk (displayed as text)

02 Activities

What the charity does

The charity has been established with the mandate to mentor and train the brightest and best graduates and create a new generation of British Hi-Tech companies.

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Cycle Reference
AR25
Reporting Due Date
31 January 2026
Date Annual Return Received
11 December 2025
Date Accounts Received
11 December 2025
Total Gross Income
£1,732,862
Total Gross Expenditure
£1,490,097
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Cycle Reference
AR24
Reporting Due Date
31 January 2025
Date Annual Return Received
9 December 2024
Date Accounts Received
9 December 2024
Total Gross Income
£1,370,125
Total Gross Expenditure
£1,373,613
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Cycle Reference
AR23
Reporting Due Date
31 January 2024
Date Annual Return Received
8 February 2024
Date Accounts Received
8 February 2024
Total Gross Income
£1,342,330
Total Gross Expenditure
£1,494,233
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Cycle Reference
AR22
Reporting Due Date
31 January 2023
Date Annual Return Received
11 January 2023
Date Accounts Received
11 January 2023
Total Gross Income
£1,638,707
Total Gross Expenditure
£1,378,144
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Cycle Reference
AR21
Reporting Due Date
31 January 2022
Date Annual Return Received
6 January 2022
Date Accounts Received
6 January 2022
Total Gross Income
£1,145,857
Total Gross Expenditure
£1,202,261

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Due Date
31 January 2026
Ar Received Date
11 December 2025
Total Gross Income
£1,732,862
Total Gross Expenditure
£1,490,097
Grant Making Is Main Activity
No
Count Govt Contracts
3
Count Govt Grants
£1
Income From Government Contracts
951393
Income From Government Grants
£753,316
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 100001 110000
1
Count Volunteers
102
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Due Date
31 January 2025
Ar Received Date
9 December 2024
Total Gross Income
£1,370,125
Total Gross Expenditure
£1,373,613
Grant Making Is Main Activity
No
Count Govt Contracts
2
Count Govt Grants
£1
Income From Government Contracts
299215
Income From Government Grants
£347,077
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 90001 100000
1
Count Volunteers
102
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Due Date
31 January 2024
Ar Received Date
8 February 2024
Total Gross Income
£1,342,330
Total Gross Expenditure
£1,494,233
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£4
Income From Government Grants
£903,509
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 80001 90000
1
Count Volunteers
110
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Due Date
31 January 2023
Ar Received Date
11 January 2023
Total Gross Income
£1,638,707
Total Gross Expenditure
£1,378,144
Charity Raises Funds From Public
No
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
No
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
1
Count Salary Band 80001 90000
1
Count Volunteers
40
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Due Date
31 January 2022
Ar Received Date
6 January 2022
Total Gross Income
£1,145,857
Total Gross Expenditure
£1,202,261
Charity Raises Funds From Public
No
Charity Receives Govt Funding Contracts
Yes
Count Govt Contracts
1
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£1
Income From Government Contracts
440000
Income From Government Grants
£440,000
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 80001 90000
1
Count Volunteers
40

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Due Date
31 January 2026
Ar Received Date
11 December 2025
Income Donations And Legacies
1717862
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
0
Income Other
15000
Income Total Income And Endowments
1732862
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£1,490,097
Expenditure Other
0
Expenditure Total
1490097
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
5500
Expenditure Support Costs
214971
Expenditure Depreciation
38989
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£647,614
Assets Total Fixed
103523
Assets Own Use
58523
Assets Long Term Investment
45000
Defined Benefit Pension Scheme
0
Assets Other Assets
£1,048,376
Assets Total Liabilities
£18,484
Assets Current Investment
647614
Assets Total Assets And Liabilities
£1,133,415
Creditors One Year Total Current
18484
Creditors Falling Due After One Year
0
Assets Cash
£0
Funds Endowment
0
Funds Unrestricted
1133415
Funds Restricted
0
Funds Total
1133415
Count Employees
5
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Due Date
31 January 2025
Ar Received Date
9 December 2024
Income Donations And Legacies
1369127
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
0
Income Other
998
Income Total Income And Endowments
1370125
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£1,373,613
Expenditure Other
0
Expenditure Total
1373613
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
5500
Expenditure Support Costs
203170
Expenditure Depreciation
107487
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
998
Gain Loss Other
0
Reserves
£492,941
Assets Total Fixed
63213
Assets Own Use
35359
Assets Long Term Investment
27854
Defined Benefit Pension Scheme
0
Assets Other Assets
£1,032,110
Assets Total Liabilities
£234,019
Assets Current Investment
0
Assets Total Assets And Liabilities
£861,304
Creditors One Year Total Current
234019
Creditors Falling Due After One Year
0
Assets Cash
£492,941
Funds Endowment
0
Funds Unrestricted
861304
Funds Restricted
0
Funds Total
861304
Count Employees
5
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Due Date
31 January 2024
Ar Received Date
8 February 2024
Income Donations And Legacies
1342273
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
0
Income Other
0
Income Total Income And Endowments
1342273
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£1,494,233
Expenditure Other
0
Expenditure Total
1494233
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
5503
Expenditure Support Costs
315552
Expenditure Depreciation
14091
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£0
Assets Total Fixed
162329
Assets Own Use
162329
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£728,851
Assets Total Liabilities
£26,388
Assets Current Investment
0
Assets Total Assets And Liabilities
£864,792
Creditors One Year Total Current
26388
Creditors Falling Due After One Year
0
Assets Cash
£306,920
Funds Endowment
0
Funds Unrestricted
864792
Funds Restricted
0
Funds Total
864792
Count Employees
5
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Due Date
31 January 2023
Ar Received Date
11 January 2023
Income Donations And Legacies
1593687
Income Other Trading Activities
0
Income Charitable Activities
45000
Income Investments
20
Income Other
0
Income Total Income And Endowments
1638707
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£1,378,144
Expenditure Other
0
Expenditure Total
1378144
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
4296
Expenditure Support Costs
391975
Expenditure Depreciation
9681
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£0
Assets Total Fixed
206901
Assets Own Use
206901
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£1,135,665
Assets Total Liabilities
£291,594
Assets Current Investment
0
Assets Total Assets And Liabilities
£1,050,972
Creditors One Year Total Current
291594
Creditors Falling Due After One Year
0
Assets Cash
£494,194
Funds Endowment
0
Funds Unrestricted
1050972
Funds Restricted
0
Funds Total
1050972
Count Employees
5
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Due Date
31 January 2022
Ar Received Date
6 January 2022
Income Donations And Legacies
1115833
Income Other Trading Activities
0
Income Charitable Activities
30000
Income Investments
24
Income Other
0
Income Total Income And Endowments
1145857
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£1,202,261
Expenditure Other
0
Expenditure Total
1202261
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
4300
Expenditure Support Costs
298081
Expenditure Depreciation
3868
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£0
Assets Total Fixed
141152
Assets Own Use
141152
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£947,068
Assets Total Liabilities
£297,631
Assets Current Investment
0
Assets Total Assets And Liabilities
£790,589
Creditors One Year Total Current
297631
Creditors Falling Due After One Year
0
Assets Cash
£694,379
Funds Endowment
0
Funds Unrestricted
790589
Funds Restricted
0
Funds Total
790589
Count Employees
5
Charity Only Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Local Authority
Geographic Area Description
Newport City
Welsh Ind
Yes

07 Official extract

Charity Classification

Classification Code
206
Classification Type
Who
Classification Description
Other Defined Groups
Classification Code
207
Classification Type
Who
Classification Description
The General Public/mankind
Classification Code
308
Classification Type
How
Classification Description
Sponsors Or Undertakes Research
Classification Code
310
Classification Type
How
Classification Description
Other Charitable Activities
Classification Code
102
Classification Type
What
Classification Description
Education/training
Classification Code
305
Classification Type
How
Classification Description
Provides Buildings/facilities/open Space

08 Official extract

Charity Event History

Charity Name
ALACRITY FOUNDATION
Charity Event Order
1
Event Type
Standard registration
Date Of Event
2011-03-30T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description
Memorandum
Charitable Objects
ARTICLE 2:THE OBJECTS OF THE CHARITY ARE SPECIFICALLY RESTRICTED TO THE ADVANCEMENT OF EDUCATION AND LEARNING, IN PARTICULAR BUT NOT LIMITED TO BUSINESS STUDIES, BUSINESS MANAGEMENT PRACTICE AND THE DEVELOPMENT OF ENGINEERING AND TECHNOLOGY FOR THE BENEFIT OF THE PUBLIC.

10 Official extract

Charity Policy

Policy Name
Bullying and harassment policy and procedures
Policy Name
Engaging external speakers at charity events policy and procedures
Policy Name
Conflicting interests
Policy Name
Complaints policy and procedures
Policy Name
Complaints handling
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Internal risk management policy and procedures
Policy Name
Investment
Policy Name
Social media policy and procedures
Policy Name
Serious incident reporting policy and procedures
Policy Name
Risk management
Policy Name
Safeguarding vulnerable beneficiaries
Policy Name
Trustee conflicts of interest policy and procedures
Policy Name
Safeguarding policy and procedures
Policy Name
Paying staff