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APASEN

Registered charity 1114290 · accounts filings on the Charity Commission register · also known as APASENTH, APASENTH LTD, ASIAN PARENTS ASSOCIATION FOR SPECIAL EDUCATIONAL NEEDS IN TOWER HAMLETS

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Latest income
£15.0m
Latest spending
£15.6m
Registered
2006
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a surplus of £0.87m for the year ended 31 March 2023, with total net assets increasing to £9.2m. The trustees confirm that unrestricted reserves of £5.35m provide approximately five months of operational coverage, which aligns with their stated reserves policy target of 3-6 months. The auditor's report confirms the financial statements give a true and fair view and identifies no material uncertainties regarding the entity's ability to continue as a going concern.

What the accounts disclose

Accounts audited by Ipsum Accountants Ltd. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£15.0m
Total spending
£15.6m
Reserves (reported)
£5.2m
Employees
627

Reported reserves equal ~4.0 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Barking And Dagenham · Croydon · Kingston Upon Thames · Newham · Redbridge · Tower Hamlets

Income and spending

Financial year endIncomeSpending
31/03/2025£15.0m£15.6m
31/03/2024£16.7m£15.0m
31/03/2023£14.5m£13.6m
31/03/2022£13.8m£11.7m
31/03/2021£11.4m£9.6m

Common questions

Is APASEN financially healthy?

The accounts state that the charity reported a surplus of £0.87m for the year ended 31 March 2023, with total net assets increasing to £9.2m. The trustees confirm that unrestricted reserves of £5.35m provide approximately five months of operational coverage, which aligns with their stated reserves policy target of 3-6 months. The auditor's report confirms the financial statements give a true and fair view and identifies no material uncertainties regarding the entity's ability to continue as a going concern. Its FY2023 accounts were audited by Ipsum Accountants Ltd.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE EDWARD GOSTLING FOUNDATION1£75k
PROJECT GIVING BACK1£72k
TWO RIDINGS COMMUNITY FOUNDATION1£23k
THE JORON CHARITABLE TRUST1£20k
THE PENNIES FOUNDATION1£5k
JOHN LYON'S CHARITY1£5k
SIR JULES THORN CHARITABLE TRUST1£3k

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