THE SOUTH STREET GREEN ROOM FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net outgoing resource of £1,816,803, driven by charitable expenditure of £1,998,428 against incoming resources of £181,625. However, this deficit was offset by unrealised investment gains of £1,205,424, resulting in a net movement in funds deficit of £611,379. The charity maintains unrestricted reserves of £22,275,893, which the trustees confirm are sufficient to cover liabilities and grant commitments for the following eighteen months.
What the accounts disclose
“Sufficient liquid reserves are maintained to cover all current liabilities and grant commitments for the following eighteen months.” — page 7
“During the year, the Charity received dividends totalling £Nil (2023: £1,300,000) from Lesing Five Limited.” — page 20
“During the year, the Charity made grants totalling £170,000 (2023: £105,000) to Good Thinking, a registered charity (number 1147404), which has a common trustee.” — page 20
“During the year, the Charity received dividends totalling £Nil (2023: £1,300,000) from Lesing Five Limited.” — page 20
“During the year, the Charity made grants totalling £170,000 (2023: £105,000) to Good Thinking, a registered charity (number 1147404), which has a common trustee.” — page 20
Structured financials (annual return, FY ending 05/04/2023)
Trustees
- DEBORAH FISHER
- Dr Simon Singh
- Sarah Cook
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £142k | £1.8m |
| 05/04/2024 | £182k | £2.0m |
| 05/04/2023 | £1.5m | £2.1m |
| 05/04/2022 | £1.2m | £1.1m |
| 05/04/2021 | £203k | £1.2m |
Common questions
Is THE SOUTH STREET GREEN ROOM FOUNDATION financially healthy?
The accounts state that the charity reported a net outgoing resource of £1,816,803, driven by charitable expenditure of £1,998,428 against incoming resources of £181,625. However, this deficit was offset by unrealised investment gains of £1,205,424, resulting in a net movement in funds deficit of £611,379. The charity maintains unrestricted reserves of £22,275,893, which the trustees confirm are sufficient to cover liabilities and grant commitments for the following eighteen months. Its FY2024 accounts were audited by Albert Goodman LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |