South East London Mind Limited
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £124K for the year, with total income of £8.3m and unrestricted reserves of £2.27m. The trustees confirm the charity is in a strong financial position, though they note that a deficit budget for the coming year is not sustainable in the long term without cost reductions or additional funding.
What the accounts disclose
“One employee received remuneration (excluding employer pension contributions) that fell in the band £80,000 to £90,000” — page 51
“The Trustees seek to maintain free reserves equivalent to between three and four months of unrestricted expenditure” — page 32
“During the year ended 31 March 2025, the Trustees donated £195 (2024: £nil) to the charity.”
“South East London Mind’s share of these contributions has a net present value of £1,156 at 31 March 2025 (2024: £417) and the liability is reflected in the accounts.” — page 59
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- SEL Mind – Bromley MindCare: Outstanding
Register events
- Received assets from another charity (17/09/2024)
- Received assets from another charity (05/07/2019)
Trustees
- Chloe Rhys
- Jacqueline Otagburuagu
- Jane Harris
- John Choi
- Lorraine Gordon
- Melissa King
- Moshiur Rahman
- Nuriya Shoro
- Paula Morrison
- Robert Crawford
- Sarah Holloway
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £8.3m | £8.2m |
| 31/03/2024 | £7.9m | £7.4m |
| 31/03/2023 | £6.8m | £6.4m |
| 31/03/2022 | £5.4m | £4.8m |
| 31/03/2021 | £4.0m | £4.0m |
Common questions
Is South East London Mind Limited financially healthy?
The accounts state that the charity reported a surplus of £124K for the year, with total income of £8.3m and unrestricted reserves of £2.27m. The trustees confirm the charity is in a strong financial position, though they note that a deficit budget for the coming year is not sustainable in the long term without cost reductions or additional funding. Its FY2025 accounts were audited by Kreston Reeves Audit LLP.
What does the highest-paid employee of South East London Mind Limited earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band.