KENSINGTON AND CHELSEA SOCIAL COUNCIL
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £228,020 for the year, resulting in a decrease in total net assets from £1,101,256 to £738,031. The trustees' report notes that unrestricted funds were £181,306, which is above the stated reserves policy target of £150,000, and the trustees are confident they can maintain a solvent organisation for the year ahead. However, the auditor's report highlights that the charity faces financial challenges due to reduced funding and a competitive fundraising environment, with 89% of income derived from two major funders.
What the accounts disclose
“It is our intention to hold unrestricted funds of £150,000, equivalent to six months’ running costs.”
Corporate structure
- Registered company of the charity Companies House 04146375
Leadership, per the charity’s website
- Vicki Harrison-Carr — Director of Operations
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Shelina Thawerchair
- Francois Asante-Yeboah
- Lucy Carmen Knight
- Lydia Guett
- Modan Deb MA, FCCA
- Peter Ukiwo Okali
- Remzije Duli
- Simone Chantal Monique Stephen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.4m |
| 31/03/2024 | £1.3m | £1.6m |
| 31/03/2023 | £1.0m | £1.6m |
| 31/03/2022 | £1.7m | £1.4m |
| 31/03/2021 | £1.5m | £1.1m |
Common questions
Is KENSINGTON AND CHELSEA SOCIAL COUNCIL financially healthy?
The accounts state that the charity reported a net expenditure of £228,020 for the year, resulting in a decrease in total net assets from £1,101,256 to £738,031. The trustees' report notes that unrestricted funds were £181,306, which is above the stated reserves policy target of £150,000, and the trustees are confident they can maintain a solvent organisation for the year ahead. However, the auditor's report highlights that the charity faces financial challenges due to reduced funding and a competitive fundraising environment, with 89% of income derived from two major funders. Its FY2025 accounts were audited by Goldwins Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KUSUMA TRUST UK | 1 | £100k |
| THE KENSINGTON AND CHELSEA FOUNDATION | 1 | £20k |
| THE LOCKWOOD CHARITABLE FOUNDATION | 1 | £11k |
| The Ethos Foundation | 1 | £10k |