APASEN
Mainly provides services to people, with learning disabilities and multiple disabilities. and their carers to improve their day to day life, relieve poverty and to improve employemnt opportunites.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £633,016 for the year ended 31 March 2025, a significant swing from the previous year's surplus, primarily due to the non-recovery of London Living Wage uplifts from local authority contracts. Despite this, the charity maintains unrestricted reserves of £5.2 million, which the trustees consider adequate to support operations for approximately four months and pursue new funding opportunities. The trustees and auditors confirm the entity remains a going concern, anticipating that the loss of the Homecare contract will be offset by corresponding cost reductions through TUPE transfers and resource reorganization.
What the accounts disclose
“Home and Community Services 11,587,497”
“The Board has determined that the appropriate level of free reserves should be between 3 to 6 months' Operating expenditures, and they are currently within this target (Free reserve of £5.2m as per Accounts Note 12, equate to approximately 4 months’ operational costs).” — page 14
“During the year, the entity provided £50,000 of funding to Apasen International, a charity that draws on the expertise of Apasen, to provide similar services in Bangladesh. This has been classified in Note 7. The relationship of Apasen to Apasen International is that of a grant-making one, with funds used exclusively from Apasen’s unrestricted surpluses.” — page 31
Corporate structure
- Registered company of the charity Companies House 04688707
Company officers (Companies House)
- ALI, Syed Gulab on trustee list
- HASAN, Nilufa Yesmin on trustee list
- ALAM, Rusna not on trustee list
- ISLAM, Jyotsna Rahman not on trustee list
- HUSSAIN, Luqueman on trustee list
- KHATUN, Suraiya on trustee list
- NESSA, Shoriful on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Home & Community Services (Redbridge): Good
- Home & Community Services: Good
- Apasen Lodge: Good
Trustees
- CHOWDHURY MAZDUS SULTAN
- Jyostna Islam
- Luqueman Hussain
- NILUFA YESMIN HASAN
- RUSHNA ALAM
- SHORIFUL NESSA
- SYED GULAB ALI
- Suraiya Khatun
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £633,016 for the year ended 31 March 2025, a significant swing from the previous year's surplus, primarily due to the non-recovery of London Living Wage uplifts from local authority contracts. Despite this, the charity maintains unrestricted reserves of £5.2 million, which the trustees consider adequate to support operations for approximately four months and pursue new funding opportunities. The trustees and auditors confirm the entity remains a going concern, anticipating that the loss of the Homecare contract will be offset by corresponding cost reductions through TUPE transfers and resource reorganization. Its FY2025 accounts were audited by Ipsum Accountants Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £374k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £75k |
| PROJECT GIVING BACK | 1 | £72k |
| THE JORON CHARITABLE TRUST | 1 | £40k |
| THE BAILY THOMAS CHARITABLE FUND | 1 | £25k |
| MANTELL GWYNEDD CYF | 1 | £20k |
| THE EDWARD AND DOROTHY CADBURY TRUST | 1 | £10k |
| ATKIN CHARITABLE FOUNDATION | 1 | £10k |
Charities like this
- Learning Disability Network London Limited
- ASPENS CHARITIES
- OSEL ENTERPRISES LIMITED
- SEREN FFESTINIOG CYF.
- HERTSMERE MENCAP
- Chesterfield and District Society for People with a Disability
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| APASEN | £15.0m | — | — | within | — | no doubt |
| Learning Disability Network London Limited | £22.7m | — | — | unclear | — | no doubt |
| ASPENS CHARITIES | £20.1m | — | — | unclear | — | no doubt |
| OSEL ENTERPRISES LIMITED | £1.4m | — | 0 | above | — | no doubt |
| SEREN FFESTINIOG CYF. | £2.8m | Under £60,000 | 0 | unclear | — | no doubt |
| HERTSMERE MENCAP | £183k | — | 0 | above | — | no doubt |