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THE TOWER PROJECT

Registered charity 1061626 · accounts filings on the Charity Commission register

The Charity's object and its principal activity is to provide a range of social and educational programmes and services that provides projects for children, young people and adults with physical disabilities, sensory disabilities, autism and/or learning disabilities.

Causes: General Charitable Purposes · Education/training · Disability · Accommodation/housing · website · Get email alerts

Latest income
£4.4m
Latest spending
£4.3m
Registered
1997
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £123,835 for the year, resulting in total unrestricted reserves of £3,521,787. The trustees consider that these reserves meet their stated policy target of maintaining a minimum of three months' annual expenditure. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months annual expenditure (held: £3.5m)
“The Directors consider it prudent to maintain an adequate balance of unrestricted funds to cover the Charity’s contractual commitments and ideally would like these to be at a minimum level of 3 months annual expenditure.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by SCB (Accountants) Ltd. Discloses 4 of 6 completeness components.

Corporate structure

Public fundraising profile: JustGiving — Tower Project (matched by registered charity number).

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.

Property (HM Land Registry)

5 registered titles in England and Wales held by the charity’s company or corporate body (3 freehold); recorded price paid £1.4m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

CQC provider record: The Tower Project — Registered, 2 registered locations, 1 regulated activity, last inspected 13/10/2021.charity number confirmed by CQC CQC record

Structured financials (annual return, FY ending 31/03/2025)

Total income
£4.4m
Total spending
£4.3m
Cost of raising funds
£10k
Reserves (reported)
£3.5m
Employees
118

Reported reserves equal ~9.9 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (94% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.2% of total income — below the median for charities its size (5.2%) (benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees · trustee networks

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

Operates in: City Of London · Hackney · Newham · Tower Hamlets

Income and spending

Financial year endIncomeSpending
31/03/2025£4.4m£4.3m
31/03/2024£4.2m£4.2m
31/03/2023£3.6m£3.8m
31/03/2022£3.8m£3.1m
31/03/2021£4.0m£3.1m

Common questions

Is THE TOWER PROJECT financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a surplus of £123,835 for the year, resulting in total unrestricted reserves of £3,521,787. The trustees consider that these reserves meet their stated policy target of maintaining a minimum of three months' annual expenditure. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by SCB (Accountants) Ltd.

Who funds THE TOWER PROJECT?

Funders whose own accounts filings name THE TOWER PROJECT as a grant recipient include THE FORBES CHARITABLE FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE FORBES CHARITABLE FOUNDATIONFY2024£24k
THE FORBES CHARITABLE FOUNDATIONFY2022£24k
THE FORBES CHARITABLE FOUNDATIONFY2023£9k

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.

FunderSimilar charities fundedAmount to them
ST. JAMES'S PLACE CHARITABLE FOUNDATION1£341k
THE BEAVERBROOKS CHARITABLE TRUST1£185k
THE SANDHU CHARITABLE FOUNDATION1£88k
BAKER FAMILY CHARITABLE TRUST1£75k
THE JORON CHARITABLE TRUST1£40k
THE ROSE FOUNDATION1£33k
THE MEDLOCK CHARITABLE TRUST1£25k
THE TOMPKINS FOUNDATION1£25k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with RAVENSBOURNE PROJECT.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE TOWER PROJECT£4.4m——above—no doubt
RAVENSBOURNE PROJECT FY2025£632k——above—no doubt
IMAGINE ACT AND SUCCEED FY2025£12.1m——above—no doubt
POSITIVE BEHAVIOUR SUPPORT FOR LEARNING CIO FY2025£1.2m——unclear—no doubt
Learning Disability Network London Limited FY2025£22.7m——unclear—no doubt
DISABILITY CORNWALL AND THE ISLES OF SCILLY FY2025£2.5m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.