Croydon Mencap
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £185,815 for the year ended 31 March 2025, following a strategic shift to reduce overheads and secure new funding. Total funds stood at £836,573, with unrestricted reserves of £626,158, which the trustees confirm adequately cover three months of operating costs. The trustees and auditors both confirm that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The charity seeks to maintain an unrestricted reserve at all times of a minimum of 3 months up to a maximum of 6 months of the anticipated future expenditure of the charity under free reserves.” — page 49
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (28/09/2021)
- Received assets from another charity (24/11/2014)
Trustees
- Angelene Rackett
- Felicity Nii-Bortey
- JAMES WILLIAM KIAMTIA-COOPER
- Rachel Bia
- Rosemary Price
- Stuart Michael James Dunk
- Suzanne Phyllis Culling
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.0m |
| 31/03/2024 | £741k | £782k |
| 31/03/2023 | £582k | £676k |
| 31/03/2022 | £675k | £706k |
| 31/03/2021 | £549k | £563k |
Common questions
Is Croydon Mencap financially healthy?
The accounts state that the charity reported a surplus of £185,815 for the year ended 31 March 2025, following a strategic shift to reduce overheads and secure new funding. Total funds stood at £836,573, with unrestricted reserves of £626,158, which the trustees confirm adequately cover three months of operating costs. The trustees and auditors both confirm that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Chariot House Limited.