ACE OF CLUBS (CLAPHAM)
Provision of day centre services for homeless and vulnerable people including those suffering from addiction.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £602 on unrestricted funds for the year ended 31 July 2025, with total funds decreasing from £265,147 to £224,884. Per the trustees' report, unrestricted reserves stood at £105,542, which the trustees calculated as representing five months of reserves based on adjusted expenditure. The trustees confirmed that the charity continues to be on a financially firm footing with sufficient reserves in line with their policy.
What the accounts disclose
“The Trustees are aiming at free reserves to cover at least three months but working towards six months reserves.” — page 15
“Ace of Clubs is ultimately controlled by the Trustees of the Congregation of the Most Holy Redeemer which continues to provide premises at a heavily subsidised rental cost of £30,000 per annum.” — page 17
“Ace of Clubs is related to Redemptorist Publications, a registered charity, by virtue of the common control by the same group of Trustees. Redemptorist Publications also provides payroll and administrative services to the Ace of Clubs, including payment of salaries in advance of reimbursement.” — page 17
“Ace of Clubs is ultimately controlled by the Trustees of the Congregation of the Most Holy Redeemer which continues to provide premises at a heavily subsidised rental cost of £30,000 per annum.” — page 17
“Ace of Clubs is related to Redemptorist Publications, a registered charity, by virtue of the common control by the same group of Trustees. Redemptorist Publications also provides payroll and administrative services to the Ace of Clubs, including payment of salaries in advance of reimbursement.” — page 17
Trustees
- Very Rev Fr Richard Reid CSsRchair
- REV TIMOTHY BUCKLEY CSSR
- Rev ANDREW BURNS CSSR
- Rev Denis McBride
- Rev Elias Gweme CSsR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £383k | £423k |
| 31/07/2024 | £384k | £366k |
| 31/07/2023 | £272k | £289k |
| 31/07/2022 | £364k | £355k |
| 31/07/2021 | £352k | £346k |
Common questions
Is ACE OF CLUBS (CLAPHAM) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £602 on unrestricted funds for the year ended 31 July 2025, with total funds decreasing from £265,147 to £224,884. Per the trustees' report, unrestricted reserves stood at £105,542, which the trustees calculated as representing five months of reserves based on adjusted expenditure. The trustees confirmed that the charity continues to be on a financially firm footing with sufficient reserves in line with their policy. Its FY2025 accounts were independently examined.
Who funds ACE OF CLUBS (CLAPHAM)?
Funders whose own accounts filings name ACE OF CLUBS (CLAPHAM) as a grant recipient include STREETSMART-ACTION FOR THE HOMELESS, SIR HAROLD HOOD'S CHARITABLE TRUST, STREETS OF LONDON, THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT, LONDON CATALYST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 23/09/2025 | £19k | Volunteers improving skills and confidence for people experiencing homelessness |