THE CLIMATE CHANGE ORGANISATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £0.8m for the year, reducing unrestricted reserves to £1.1m, which is below the Trustees' revised target range of two to three months of expenditure. However, the Trustees note a robust cash position with £5.4m in short-term cash reserves, sufficient to cover 3.7 months of average monthly expenditure, and assert there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“unrestricted reserves were reduced to £1.1m, which is below the Trustees’ target range of two to three months expenditure”
“Expenditure also included collaborative subgrants to partner organisations, including Institute For Essential Service Reform, I4CE – Institute for Climate Economics, Expertise France, Society For Technology And Action For Rural Advancement, Korea Sustainability Investing Forum and Responsible Steel.” — page 25
“The Charity also has a dormant trading subsidiary in the UK called The Climate Change Organisation Services Ltd (registered on 1 May 2007).”
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Emma Cox
- James Hall-Smith
- Jonathan David Williams
- Lutamyo Brenn Mtawali
- Mayumi Omi
- Mike Rann
- Rachel Claire Andrews
- Zoe Jane Ashcroft
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £16.8m | £17.6m |
| 30/06/2024 | £15.1m | £15.3m |
| 30/06/2023 | £12.9m | £13.9m |
| 30/06/2022 | £11.2m | £11.4m |
| 30/06/2021 | £10.5m | £10.2m |
Common questions
Is THE CLIMATE CHANGE ORGANISATION financially healthy?
The accounts state that the charity reported a deficit of £0.8m for the year, reducing unrestricted reserves to £1.1m, which is below the Trustees' revised target range of two to three months of expenditure. However, the Trustees note a robust cash position with £5.4m in short-term cash reserves, sufficient to cover 3.7 months of average monthly expenditure, and assert there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Crowe U.K. LLP.