HEART OF THE CITY OF LONDON LIMITED

Registered charity 1117212 · accounts filings on the Charity Commission register

Promoting the voluntary sector by making best practice in corporate social responsibility easily accessible to companies through peer-to-peer knowledge sharing in order to effectively promote ethical standards and increase positive impact on communities and the environment.

Causes: General Charitable Purposes · Education/training · Other Charitable Purposes · website · Get email alerts

Latest income
£924k
Latest spending
£1.0m
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £123,422 for the year ended 31 March 2025, an improvement on the previous year's deficit. Per the trustees' report, unrestricted reserves stood at £272,750, which is above the stated minimum target of £240,000. The trustees confirmed that the charity has adequate resources to continue operating for at least 12 months from the date of approval.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: above £60,000 — below the median for charities its size (£60k)
“For 2024-25 there was 1 member of staff with salary above £60,000” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“For 2024-25 there was 1 member of staff with salary above £60,000” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The City of London Corporation provided a four-year grant of £200,000 per year from 2021-22. As of 31 March 2025, the final year, no income was due.
“The City of London Corporation is currently providing a four year grant to Heart of the City which provides £200,000 of cash receipts per year from 2021-22 accounts. As of 31 March 2025, the final year of this grant, Heart of the City is not due any income from the City of London Corporation”
“In addition, Heart of the City received contributions in-kind from the Corporation for accommodation of £19,607 (2023-24: £21,249) and audit fee of £5,725 (2023-24: £5,450).” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Heart of the City received in-kind contributions from the Corporation for accommodation (£19,607) and audit fees (£5,725).
“The City of London Corporation is currently providing a four year grant to Heart of the City which provides £200,000 of cash receipts per year from 2021-22 accounts. As of 31 March 2025, the final year of this grant, Heart of the City is not due any income from the City of London Corporation”
“In addition, Heart of the City received contributions in-kind from the Corporation for accommodation of £19,607 (2023-24: £21,249) and audit fee of £5,725 (2023-24: £5,450).” — page 36
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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

Total income
£924k
Total spending
£1.0m
Reserves (reported)
£273k
Employees
8

Reported reserves equal ~3.1 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (88% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£924k£1.0m
31/03/2024£660k£954k
31/03/2023£261k£537k
31/03/2022£983k£465k
31/03/2021£460k£515k

Common questions

Is HEART OF THE CITY OF LONDON LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £123,422 for the year ended 31 March 2025, an improvement on the previous year's deficit. Per the trustees' report, unrestricted reserves stood at £272,750, which is above the stated minimum target of £240,000. The trustees confirmed that the charity has adequate resources to continue operating for at least 12 months from the date of approval. Its FY2025 accounts were audited by Crowe U.K. LLP.

What does the highest-paid employee of HEART OF THE CITY OF LONDON LIMITED earn?

Per its FY2025 accounts, the highest-paid employee was in the above £60,000 band, and 1 employees earned over £60,000.

Who funds HEART OF THE CITY OF LONDON LIMITED?

Funders whose own accounts filings name HEART OF THE CITY OF LONDON LIMITED as a grant recipient include THE PWC FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE PWC FOUNDATIONFY2024£11ksocial mobility
THE PWC FOUNDATIONFY2025£10ksocial mobility

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Greater London Authority (GLA)08/08/2023£1.0mMinority Business Matters
Greater London Authority08/08/2023£1.0mMinority Business Matters
City Bridge Foundation14/03/2018£475kGrant to Heart of the City
City Bridge Foundation12/03/2015£278kGrant to Heart of the City
City Bridge Foundation18/04/2013£108kGrant to Heart of the City
City Bridge Foundation10/09/2009£158kGrant to Heart of the City

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CENTRE FOR THEOLOGY AND COMMUNITY LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
HEART OF THE CITY OF LONDON LIMITED£924kabove £60,0001above—no doubt
CENTRE FOR THEOLOGY AND COMMUNITY LIMITED FY2025£680k—0above—no doubt
BURNLEY PENDLE AND ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE FY2024£2.1m£60,001 - £70,0001below—no doubt
HESTERS WAY PARTNERSHIP LTD FY2025£515k—0unclear—no doubt
NOVA WAKEFIELD DISTRICT LIMITED FY2025£1.6mmore than £60,0001unclear—no doubt
CREATE SPACE LONDON FY2025£132k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.