LOCALITY (UK)
Financial health, per its FY2025 accounts
The accounts state that the charity ended the financial year with an unrestricted deficit of £63k, primarily due to restructuring costs, and reported a £360k impairment on its investment property. Despite these losses, the charity maintained closing free reserves of £721k, which the Trustees consider a reasonable level in line with their target, allowing them to confirm the entity can continue as a going concern.
What the accounts disclose
“The free reserves target calculated last year was £740k. As at 30th June 2025, free reserves stood at £721k, a deficit on the set target by (£19k).” — page 13
“The total payments for services or goods made to Locality Trustees or organisations connected to Locality Trustees during the year was £10,582 (2024: £16498) ; Canopy Housing Project £75 (2024: £0); Cardigan Centre £255 (2024:£0); Murray Hall Community Trust £5152 (2024: £112); Rotunda Ltd £5,000 (2024: £0);Windmill Hill City Farm £100 (2024 £0); Waltham Forest Community Hub £0 (2024: £60). The total bursaries or grants awarded during the year to Locality member organisations of which a Locality Trustee is an employee or Trustee was £10,125 (2024: £27,564). These were for Canopy Housing Project £75 (2024: £0) ; Murray Hall Community Trust £5,000 (2024: £4,500); Rotunda Ltd £5,000 (2024: £8,974); Windmill Hill City Farm £50 (2024 £0); Fromehall Mill Community Benefit Society Limited £0 (2024: £9,820); Selby Trust £0 (2024: £3,000); Hackney Co-operative Developments £0 (2024: £1000); Creative Sustainability CIC £0 (2024: £270). The total income for services or goods from organisations connected to Locality Trustees during the year was £19,032 (2024: £28,790). This income was received from Social Investment Buisness Limited £12,932 (2024: £0); Libraries Unlimited £250 (2024: £250); Manchester Settlement £1,450 (2024: £250); Murray Hall Community Trust £1,450 (2024: £1,450); Windmill Hill City Farm £250 (2024: £250); Creative Sustainability CIC £250 (2024:£0); Cardigan Community Centre £250 (2024:£0); Finsbury Park Trust £250 (2024: 250); Canopy Housing £250 (2024:£0); Leeds Community Homes £250 (2024:£0) and East Durham Trust £1,450 (2024:£0) All activities with connected organisations were carried out on an arm's length basis in the normal course of activities and on terms no more favourable than for any other member organisation.” — page 36
Leadership, per the charity’s website
- Tony Armstrong — Chief Executive
- Steve Sayers — Chair
- Csaba Prodan — Director of Finance
- Carole Reilly — Director of Services
- Ed Wallis — Director of Policy and Engagement
- Chris Wood — Director of Marketing and Partnerships
Structured financials (annual return, FY ending 30/06/2025)
Register events
- Received assets from another charity (27/04/2012)
- Received assets from another charity (19/05/2011)
Trustees
- Adrian Ball
- Amy Kinnear
- Angela Wright
- Bernadette O'Brien
- David Judge
- David Nugent
- Dr Manjula Patel
- Paul Butler
- STEPHEN FREDERICK SAYERS
- Sarah Mitson
- Sian Rogers
- Teresa Lanning
- Thomas Glanville
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £9.1m | £9.1m |
| 30/06/2024 | £10.3m | £10.6m |
| 30/06/2023 | £8.0m | £8.3m |
| 30/06/2022 | £7.1m | £7.5m |
| 30/06/2021 | £7.5m | £7.2m |
Common questions
Is LOCALITY (UK) financially healthy?
The accounts state that the charity ended the financial year with an unrestricted deficit of £63k, primarily due to restructuring costs, and reported a £360k impairment on its investment property. Despite these losses, the charity maintained closing free reserves of £721k, which the Trustees consider a reasonable level in line with their target, allowing them to confirm the entity can continue as a going concern. Its FY2025 accounts were audited by MHA.
Who funds LOCALITY (UK)?
Funders whose own accounts filings name LOCALITY (UK) as a grant recipient include POWER TO CHANGE TRUST, THE FEDERATION OF GROUNDWORK TRUSTS, JOSEPH ROWNTREE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| POWER TO CHANGE TRUST | FY2022 | £400k |
| POWER TO CHANGE TRUST | FY2022 | £129k |
| THE FEDERATION OF GROUNDWORK TRUSTS | FY2022 | £32k |
| JOSEPH ROWNTREE FOUNDATION | FY2024 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROTHLEY TRUST | 1 | £8k |