HAGGERSTON NEIGHBOURHOOD LEARNING CENTRE
The HNLC 's remit is to provide premises for partner organisation ELATT to deliver charitable work in the local community in Hackney.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £23,048 for the year ended 31 August 2025, with total unrestricted funds increasing to £1,115,305. However, the trustees acknowledge that the charity is technically insolvent due to negative current assets, though they remain confident in future rental income from the parent charity. The trustees expect reserves to return to positive levels by Summer 2026 as the mortgage loan is repaid.
What the accounts disclose
“The Trustees are aware that the charity currently has negative current assets but is confident of its future income by way of rental agreement so does not believe there is any cause for concern here.” — page 9
Property (HM Land Registry)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £91k | £68k |
| 31/08/2024 | £91k | £146k |
| 31/08/2023 | £91k | £256k |
| 31/08/2022 | £91k | £32k |
| 31/08/2021 | £91k | £37k |
Common questions
Is HAGGERSTON NEIGHBOURHOOD LEARNING CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £23,048 for the year ended 31 August 2025, with total unrestricted funds increasing to £1,115,305. However, the trustees acknowledge that the charity is technically insolvent due to negative current assets, though they remain confident in future rental income from the parent charity. The trustees expect reserves to return to positive levels by Summer 2026 as the mortgage loan is repaid. Its FY2025 accounts were independently examined.