I CAN DO IT LIMITED

Registered charity 1057255 · accounts filings on the Charity Commission register

I Can Do It provides training, education and employment services to disadvantaged people to increase social and economic participation and inclusion. Activities include matrix-accredited IAG, Skills for Life, ESOL & Basic Vocational Skills and Confidence Building. It aims to address prevention and/or relief of poverty and supports other charitable causes which meet its aims and objectives.

Objects

TO ADVANCE THE EDUCATION OR PERSONS PARTICULARLY BUT NOT EXCLUSIVELY AFRICAN, CARIBBEAN AND OTHER ETHNIC MINORITIES AND PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE OF SUCH PERSONS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR RACE, GENDER, MARITAL STATUS, AGE,INFIRMITY, DISABILITY OR POVERTY

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£62k
Latest spending
£52k
Registered
1996
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved a net operating surplus of £10,252 for the year, driven primarily by bank interest on cash reserves rather than charitable programme income. The trustees confirm the charity has adequate resources to continue in operation, holding total net assets of £1,677,523, including a designated building fund of £1,200,000. However, the trustees acknowledge that the current dependence on investment income is not a sustainable long-term model.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income (99% of income)
“The principal source of income was bank interest receivable of £61,610”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: twelve months' expenditure (held: £477k)
“This level of free reserves exceeds the minimum reserves requirement equivalent to twelve months' expenditure, as previously determined and approved by the trustees within the 2024 Financial Review.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payable to 5E Ltd
“An outstanding aggregate amount of £1,000 remained payable to 5E Limited, as at the balance sheet date.” — page 25
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2024£62k£52k
31/12/2023£20k£227k
31/12/2022£6k£158k
31/12/2021£24k£156k
31/12/2020£57k£153k

Common questions

Is I CAN DO IT LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity achieved a net operating surplus of £10,252 for the year, driven primarily by bank interest on cash reserves rather than charitable programme income. The trustees confirm the charity has adequate resources to continue in operation, holding total net assets of £1,677,523, including a designated building fund of £1,200,000. However, the trustees acknowledge that the current dependence on investment income is not a sustainable long-term model. Its FY2024 accounts were independently examined.