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CHILDREN'S DISCOVERY CENTRE EAST LONDON

Registered charity 1070468 · accounts filings on the Charity Commission register · also known as CHILDREN'S DISCOVERY CENTRE IN STRATFORD EAST LONDON, DISCOVER

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Latest income
£3.1m
Latest spending
£2.6m
Registered
1998
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total income increased by 49% to £3,070,541, driven largely by a significant rise in grant income. However, the charity's free reserves decreased to £139,211, which is below the trustees' stated policy target of three months' expenditure. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“There was one employee whose annual emoluments were £60,000 - £70,000 (2024: one).” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“There was one employee whose annual emoluments were £60,000 - £70,000 (2024: one).” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“On 31 March 2025 the free reserves of the charity were £139,211 (2024: £441,908).” — page 28
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 5 of 6 completeness components.

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

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

Total income
£3.1m
Total spending
£2.6m
Cost of raising funds
£170k
Reserves (reported)
£139k
Employees
60

Reported reserves equal ~0.7 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: Essex · Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£3.1m£2.6m
31/03/2024£2.1m£2.3m
31/03/2023£1.8m£2.2m
31/03/2022£1.6m£2.1m
31/03/2021£1.6m£1.5m

Common questions

Is CHILDREN'S DISCOVERY CENTRE EAST LONDON financially healthy?

The accounts state that total income increased by 49% to £3,070,541, driven largely by a significant rise in grant income. However, the charity's free reserves decreased to £139,211, which is below the trustees' stated policy target of three months' expenditure. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by HaysMac LLP.

What does the highest-paid employee of CHILDREN'S DISCOVERY CENTRE EAST LONDON earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.

Government & lottery funding

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

FunderDateAmountPurpose
Postcode Lottery22/03/2024£125kUp and Out! Phase 1
The National Lottery Heritage Fund19/01/2024£61k"Newham Stories"
The National Lottery Heritage Fund21/04/2005£50k"Connecting Stories"
The National Lottery Heritage Fund11/02/2003£50k"Discover's Magic Parcel Exhibit"