DEPTFORD CHALLENGE TRUST LIMITED
Latest income
£1.7m
Latest spending
£1.4m
Registered
1998
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,170,000, which is above the stated policy target of three months of operating expenses. The charity generated a net surplus of £309,947 for the year, supported by rental income and donations, while distributing £300,000 in grants.
What the accounts disclose
Reserves policy: three months of operating expenses (held: £1.2m)
“The Trust targets 3 months of operating expenses for this.”
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/08/2025)
Total income
£1.7m
Total spending
£1.4m
Cost of raising funds
£1.0m
Reserves (reported)
£470k
Employees
0
Trustees
- DESMOND GEORGE MALONEchair
- BILL ELLSON
- Cllr Rosie Parry
- JAMES RUSSELL MALLORY
- OBAJIMI ADEFIRANYE
- ROBERT JAMES FLOOK
- SHAUN MICHAEL HETHERINGTON
- STELLA MUTSA BROWN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.7m | £1.4m |
| 31/08/2024 | £1.4m | £1.2m |
| 31/08/2023 | £1.2m | £770k |
| 31/08/2022 | £427k | £807k |
| 31/03/2021 | £322k | £334k |
Common questions
Is DEPTFORD CHALLENGE TRUST LIMITED financially healthy?
The accounts state that unrestricted reserves stood at £1,170,000, which is above the stated policy target of three months of operating expenses. The charity generated a net surplus of £309,947 for the year, supported by rental income and donations, while distributing £300,000 in grants. Its FY2025 accounts were audited by Sumer Auditco Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JORDAN CHARITABLE FOUNDATION | 1 | £20k |
| The Edge Ministries | 1 | £6k |