RESOURCE FOR LONDON
The object of Resource for London is to benefit the public by the promotion and improvement of the efficiency and effectiveness of charitable organisations. Its principal activity is to operate a resource centre for charities, providing them with office accommodation, conference rooms, meeting rooms and other facilities at an affordable rent.
Objects
(I) FOR THE PROMOTION AND IMPROVEMENT OF THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES AND (II) THE PROMOTION OF THE VOLUNTARY SECTOR FOR THE PUBLIC BENEFIT BY THE PROVISION AND MANAGEMENT OF OFFICE ACCOMMODATION, CONFERENCE, TRAINING AND OTHER FACILITIES, SERVICES OR SUPPORT
Financial health, per its FY2025 accounts
The charity is in the process of solvent winding up following the sale of its centre and the decision to cease operations. Unrestricted reserves of £228,194 were held at year-end, which comfortably exceeded the stated policy target of three months' operating costs. The financial statements were prepared on a basis other than going concern.
What the accounts disclose
“Working capital requirements have been identified as three months of operating costs. This is considered sufficient to safeguard the Charity and to deal with challenging operating conditions.” — page 7
“The financial statements have been prepared on a basis other than going concern following the decision by the Trust for London to sell the centre.” — page 7
“No payments were made to Trust for London for rent during the year (2024: nil).”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Lynda Anne Stevenschair
- Douglas Gunn
- Kevin Pease
- Pandora Haydon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £419k | £477k |
| 31/12/2024 | £1.0m | £912k |
| 31/12/2023 | £1.1m | £837k |
| 31/12/2022 | £1.2m | £1.1m |
| 31/12/2021 | £796k | £711k |
Common questions
Is RESOURCE FOR LONDON financially healthy?
Per its FY2025 accounts: The charity is in the process of solvent winding up following the sale of its centre and the decision to cease operations. Unrestricted reserves of £228,194 were held at year-end, which comfortably exceeded the stated policy target of three months' operating costs. The financial statements were prepared on a basis other than going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 26/11/2020 | £195k | Grant to Resource for London |
| The National Lottery Community Fund | 13/10/2020 | £10k | Enhance Response |
| The National Lottery Community Fund | 18/06/2014 | £10k | Resource for Holloway |
| City Bridge Foundation | 15/05/2014 | £114k | Grant to Resource for London |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GATSBY CHARITABLE FOUNDATION | 1 | £5.7m |
| BRIDGE HOUSE ESTATES | 1 | £3.8m |
| THE CHARLES SKEY CHARITABLE TRUST | 1 | £235k |
| THE CROSS TRUST | 1 | £175k |
| STOBART NEWLANDS CHARITABLE TRUST | 1 | £115k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS | 1 | £83k |
| TRUST FOR LONDON | 1 | £71k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST THOMAS, OAKWOOD | 1 | £62k |
Charities like this
- CENTRE FOR LONDON
- THE LONDON CENTRE FOR SPIRITUAL DIRECTION
- THE LONDON CITY MISSION
- PROPER JOB RESOURCE CENTRE
- LONDON ACCOUNTANCY PRACTICE
- RESTART LIVES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RESOURCE FOR LONDON | £419k | — | — | above | — | not going concern |
| CENTRE FOR LONDON | £645k | £90,000 - £100,000 | 1 | below | 3.7% | no doubt |
| THE LONDON CENTRE FOR SPIRITUAL DIRECTION | £140k | — | 0 | above | — | no doubt |
| THE LONDON CITY MISSION | £8.4m | — | — | unclear | — | no doubt |
| PROPER JOB RESOURCE CENTRE | £239k | — | 0 | unclear | — | no doubt |
| LONDON ACCOUNTANCY PRACTICE | £74k | — | 0 | unclear | — | no doubt |