RESOURCE FOR LONDON
Registered charity 1015305 · accounts filings on the Charity Commission register · also known as LONDON VOLUNTARY SECTOR RESOURCE CENTRE LTD, THE RESOURCE CENTRE, THE RESOURCE CENTRE (LONDON) LIMITED
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.
Causes: General Charitable Purposes · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity is being wound up following the sale of its building, with financial statements prepared on a basis other than going concern. Unrestricted reserves stood at £296,956 at year-end, while total expenditure for the year was £912,208. The charity relies on its parent organization, Trust for London, for rent waivers and potential financial support during the wind-down period.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Largest income source: Charitable activities (96% of income)
“Charitable activities 2 1,000,147 39,840 1,039,987 1,051,760” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of operating costs (held: £297k)
“The working capital requirements have been identified as three months of operating costs.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)
“The financial statements have been prepared on a basis other than going concern. This reflects the decision by the Trust for London to sell the centre.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Rent waiver
“Trust for London again agreed to waive payment of the annual rent leading to a net income of £128k.”
“The amounts due to Trust for London in 2023 totalled £50,000 (2023: £65,000). This was for historic rent outstanding.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Historic rent owed
“Trust for London again agreed to waive payment of the annual rent leading to a net income of £128k.”
“The amounts due to Trust for London in 2023 totalled £50,000 (2023: £65,000). This was for historic rent outstanding.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Parent charity relationship
“Trust for London again agreed to waive payment of the annual rent leading to a net income of £128k.”
“The amounts due to Trust for London in 2023 totalled £50,000 (2023: £65,000). This was for historic rent outstanding.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by HaysMac LLP. Discloses 5 of 6 completeness components.
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → not a going concern (FY2024).
Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.
Public profiles (found on the charity’s own website): instagram
Structured financials (annual return, FY ending 31/12/2024)
Reported reserves equal ~4.1 months of spending — below the median for charities its size (median 7.0 months; benchmarks).
- Lynda Anne Stevenschair
- Douglas Gunn
- Kevin Pease
- Pandora Haydon
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout London
Income and spending
Common questions
Is RESOURCE FOR LONDON financially healthy?
Per its FY2024 accounts: The accounts state that the charity is being wound up following the sale of its building, with financial statements prepared on a basis other than going concern. Unrestricted reserves stood at £296,956 at year-end, while total expenditure for the year was £912,208. The charity relies on its parent organization, Trust for London, for rent waivers and potential financial support during the wind-down period. Its FY2024 accounts were audited by HaysMac LLP.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with THE LONDON AND MIDDLESEX RIFLE ASSOCIATION.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.