London Ability
Latest income
£1.4m
Latest spending
£1.2m
Registered
1992
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £152,303 for the year ended 31 March 2025, resulting in total reserves of £710,510. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors.
What the accounts disclose
Reserves policy: 3 months to 2 years operating costs (held: £681k)
“The Board will reserve amounts as it sees necessary in line with the Charity Commission’s recommendations of 3 months to 2 years operating costs as good financial practice.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee director of Amplified IT provided IT services
“During the year the Amplified IT, a company in which a trustee is the director, provided the Charity with IT services. The total amount of services provided for the current year was £27,192 (2024: £19,663). At the year end there was a balance of £1,708 (2024: £1,412) payable to Amplified IT.” — page 38
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£1.4m
Total spending
£1.2m
Cost of raising funds
£13k
Reserves (reported)
£681k
Employees
43
Trustees
- Christopher Baileychair
- Inga Anna Astrid Strydom
- Linda Bailey
- Lukasz Kowalczyk
- PETER JOHN BARRY LE RASLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £1.2m |
| 31/03/2024 | £1.3m | £1.2m |
| 31/03/2023 | £1.1m | £1.1m |
| 31/03/2022 | £1.0m | £925k |
| 31/03/2021 | £1.4m | £1.3m |
Common questions
Is London Ability financially healthy?
The accounts state that the charity reported a net surplus of £152,303 for the year ended 31 March 2025, resulting in total reserves of £710,510. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors. Its FY2025 accounts were audited by Haslers.