FENLAND AREA COMMUNITY ENTERPRISE TRUST

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +21.4%

  £1,149,150 → £1,395,513

• Cash

  +25.2%

  £697,639 → £873,316

• Net assets

  +38.7%

  £830,476 → £1,151,503

• Employees

  +2.9%

  34 → 35

• Profit before tax

  +116.4%

  £148,343 → £321,027

• Wages

  +10.5%

  £592,360 → £654,719

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. FENLAND AREA COMMUNITY ENTERPRISE TRUST 2002-08-02 → present
2. FENLAND AREA COMMUNITY TRUST 2002-06-07 → 2002-08-02

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “A significant donation from The Postcode Lottery in July 2024 has enabled plans to revitalise the Woodworking Workshop and Sensory Room for the benefit of students.”
• “The Sensory Room has been extended and new updated equipment installed, making it 'best in class' for students and community members.”
• “An outside Gym has been installed with other funding received in 2024/2025.”
• “The charity had a successful External Quality Assurer evaluation and is approved to deliver Gateway Courses.”
• “A Monitoring visit by Cambridgeshire County Council in March 2025 resulted in a score of 92% for the charity.”
• “The FACET Summer Ball has been a cornerstone of the annual calendar for approximately a decade.”
• “The charity celebrated a record-breaking 12-year partnership between FACET and TESCO.”
• “The 'March March in March' event was launched this year as an annual fundraiser.”
• “The COMMUNITY RAIL PARTNERSHIP Sunflower project reached the national finals in Derby for an art award.”
• “A partnership with OCTAVIUS resulted from the regeneration of March Town Centre, involving students visiting construction sites and participating in redevelopment work.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.