NEWHAM FOUNDATION
To advance education in the London Borough of Newham by providing learning facilities to enable the education of young people and mature students.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure deficit of £548,000 for the year ended 31 July 2025, reducing its total unrestricted funds to £7,125,000. The trustees confirm that the charity remains a going concern, relying on ongoing support from its parent organisations, Newham College of Further Education and the London Borough of Newham, to cover operating costs and maintain adequate resources for the foreseeable future.
What the accounts disclose
“The charity has one principal funding source in the period: Licence fee income from NCFE and LBN to advance education in LBN by providing learning facilities and programmes that enable the education of young and mature students.”
“RESERVES POLICY This charity is associated with the provision of a site for NCFE and LBN and forms part of the group of NCFE. It is dependent upon those organisations for support which do so in order to carry out their wider role through the site. As such, the need for reserves is not required but instead the ongoing support of the two organisations.”
Property (HM Land Registry)
Trustees
- Dr Judith Abbott
- Jamie Purser
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £305k | £853k |
| 31/07/2024 | £305k | £846k |
| 31/07/2023 | £290k | £830k |
| 31/07/2022 | £223k | £764k |
| 31/07/2021 | £177k | £717k |
Common questions
Is NEWHAM FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure deficit of £548,000 for the year ended 31 July 2025, reducing its total unrestricted funds to £7,125,000. The trustees confirm that the charity remains a going concern, relying on ongoing support from its parent organisations, Newham College of Further Education and the London Borough of Newham, to cover operating costs and maintain adequate resources for the foreseeable future. Its FY2025 accounts were audited by RSM UK Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TRUST FOR LONDON | 1 | £113k |
| CHLOE'S AND SOPHIE'S SPECIAL EARS FUND | 1 | £107k |
| THE STEVE MORGAN FOUNDATION | 1 | £95k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £66k |
| SOCIETY OF THE HOLY CHILD JESUS CIO | 1 | £30k |
| EAST END COMMUNITY FOUNDATION | 1 | £27k |
| CHARLES S FRENCH CHARITABLE TRUST | 1 | £5k |
| THE REED FOUNDATION | 1 | £5k |
Charities like this
- NEWHAM MUSIC TRUST
- NEWHAM COMMUNITY RENEWAL PROGRAMME LIMITED
- NEWHAM AFRICAN CARIBBEAN CENTRE
- Newcomen Collett Educational Foundation
- ONE NEWHAM
- THE NEUMARK FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEWHAM FOUNDATION | £305k | — | 0 | below | — | no doubt |
| NEWHAM MUSIC TRUST | £1.4m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| NEWHAM COMMUNITY RENEWAL PROGRAMME LIMITED | £2.1m | £80,001 - £90,000 | 1 | unclear | — | no doubt |
| NEWHAM AFRICAN CARIBBEAN CENTRE | £112k | — | 0 | unclear | — | no doubt |
| Newcomen Collett Educational Foundation | £210k | — | 0 | above | — | no doubt |
| ONE NEWHAM | £163k | — | 0 | below | — | no doubt |