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GENERATE OPPORTUNITIES LTD

Registered charity 1069548 · accounts filings on the Charity Commission register · also known as GENERATE, GENERATE LTD, WANDSWORTH ELFRIDA RATHBONE SOCIETY LTD

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Latest income
£2.2m
Latest spending
£2.1m
Registered
1998
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ended the financial year in a surplus position with a profit of £113,045. The trustees report that the charity's free reserves of £370,792 fall short of their stated policy requirement of around £500,000, but they are committed to replenishing reserves through sustained growth. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The current level of free reserves is £370,792. This still falls short of our requirement, however the trustees are committed to replenishing our reserves through sustained growth and surpluses over the next 2 to 5 years.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by TC Group. Discloses 5 of 6 completeness components.

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

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

Total income
£2.2m
Total spending
£2.1m
Reserves (reported)
£371k
Employees
77

Reported reserves equal ~2.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£2.2m£2.1m
31/03/2024£1.9m£1.8m
31/03/2023£1.5m£1.7m
31/03/2022£1.4m£1.7m
31/03/2021£1.5m£1.4m

Common questions

Is GENERATE OPPORTUNITIES LTD financially healthy?

The accounts state that the charity ended the financial year in a surplus position with a profit of £113,045. The trustees report that the charity's free reserves of £370,792 fall short of their stated policy requirement of around £500,000, but they are committed to replenishing reserves through sustained growth. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties. Its FY2025 accounts were audited by TC Group.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund14/12/2022£10k"Generate 50th Anniversary Project"
The National Lottery Heritage Fund31/01/2006£5k"This Registered Charity Exists To Support People With Learning Disabilities Lead Independent Lives In Their Local Communities. This Award Wi"