ELITE SUPPORTED EMPLOYMENT AGENCY LIMITED
To engage in the relief of poverty and distress of people with disabilities by aiding them. To advance into employment and in pursuing any other objects for the well being of people with disabilities.
Latest income
£839k
Latest spending
£1.2m
Registered
1995
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported net liabilities of £240,791 and unrestricted reserves of £(240,791) at the period end. Per the trustees' report, the charity is reliant on funding support from its parent, Fedcap UK, which has confirmed its support to ensure the charity can continue as a going concern for the next 12 months.
What the accounts disclose
Reserves policy: six months running costs (held: £-241k)
“In terms of our unrestricted reserves, we endeavour to hold up to six months running costs, for the current year this amounts to £1.1m”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“Fedcap Employment, a subsidiary within the Fedcap UK group, has committed to provide ongoing financial support to ensure that the entity has access to sufficient cash reserves to meet its financial and working capital requirements as and when required for the 12 month period following the date of signing of this report.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Parent company Fedcap UK acquired the charity on 1 May 2025 and provided financial support.
“On 1 May 2025 the charity was acquired by Fedcap UK. For four months prior to this Fedcap UK assisted the charity in its activities and provided financial support in accordance with a combination agreement.” — page 6
“Management remuneration is subject to approval by FEDCAP UK, any changes in remuneration is subject to review and approval by the board as part of the annual budget setting for the group.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Management remuneration subject to approval by Fedcap UK.
“On 1 May 2025 the charity was acquired by Fedcap UK. For four months prior to this Fedcap UK assisted the charity in its activities and provided financial support in accordance with a combination agreement.” — page 6
“Management remuneration is subject to approval by FEDCAP UK, any changes in remuneration is subject to review and approval by the board as part of the annual budget setting for the group.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 30/09/2025)
Total income
£838k
Total spending
£1.2m
Reserves (reported)
£1.1m
Employees
68
Trustees
- Carol Khoury
- Kenneth Brezenoff
- Michelle Whelan
- Praveen Venugopal
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £839k | £1.2m |
| 31/03/2025 | £2.3m | £2.8m |
| 31/03/2024 | £2.6m | £3.2m |
| 31/03/2023 | £3.2m | £3.4m |
| 31/03/2022 | £3.3m | £2.6m |
Common questions
Is ELITE SUPPORTED EMPLOYMENT AGENCY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported net liabilities of £240,791 and unrestricted reserves of £(240,791) at the period end. Per the trustees' report, the charity is reliant on funding support from its parent, Fedcap UK, which has confirmed its support to ensure the charity can continue as a going concern for the next 12 months. Its FY2025 accounts were audited by Grant Thornton UK LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/04/2022 | £27k | ELITE SEA LIMMITED |
| The National Lottery Community Fund | 05/07/2012 | £5k | Positive Emplyment Support Awareness for the Community |
| The National Lottery Community Fund | 22/12/2009 | £5k | Open Access |
| The National Lottery Community Fund | 07/03/2007 | £283k | Opportunities Of Equality |
| The National Lottery Community Fund | 26/06/2006 | £3k | Outreach jobsearch for people with disabilities |
| UK government | — | £54k | Jobs to Employment (J2E) payments to DPULOs and VSOs) |
| UK government | — | £50k | Jobs to Employment (J2E) payments to DPULOs and VSOs) |
| UK government | — | £50k | Jobs to Employment (J2E) payments to DPULOs and VSOs) |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AKO FOUNDATION | 1 | £128k |
| THE GRANT FOUNDATION | 1 | £75k |
| WALCOT EDUCATIONAL FOUNDATION | 1 | £30k |
| THE SENECA TRUST | 1 | £10k |
| HOUSING PATHWAYS TRUST | 1 | £7k |
| THE INMAN CHARITY | 1 | £3k |
| ETHEL AND GWYNNE MORGAN TRUST | 1 | £1k |
| BIRKDALE TRUST FOR HEARING IMPAIRED LTD | 1 | £1k |
Charities like this
- STATUS EMPLOYMENT LTD
- FEDCAP UK
- EALING MENCAP
- ELLYS EXTRA CARE LIMITED
- CALICO ENTERPRISE LIMITED
- SUPPORTIVE SRC LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ELITE SUPPORTED EMPLOYMENT AGENCY LIMITED | £839k | — | — | unclear | — | noted |
| STATUS EMPLOYMENT LTD | £637k | — | — | unclear | — | no doubt |
| FEDCAP UK | £42.9m | — | — | below | — | no doubt |
| EALING MENCAP | £1.8m | — | 0 | above | — | no doubt |
| ELLYS EXTRA CARE LIMITED | £135k | — | 0 | unclear | — | no doubt |
| CALICO ENTERPRISE LIMITED | £7.6m | £60,001 - £70,000 | — | unclear | — | no doubt |