CHELSEA ACADEMY FOUNDATION
Our mission is to support Chelsea Academy in creating an inspirational community of learning and achievement that will make a positive contribution to community cohesion in Kensington and Chelsea.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing of resources for the period, resulting in a decrease in total funds from £392,815 to £293,962. The trustees maintain unrestricted free reserves of £242,608, which they aim to hold to ensure programme continuity and support new requests. The charity has no employees and relies on voluntary income and grants to fund its charitable activities.
What the accounts disclose
“The trustees aim for the Foundation to hold a reserve of unrestricted funds at the end of the year to enable the key Foundation-funded programmes to continue without interruption until donations are received; and the trustees aim to have sufficient funds available to support new or expanded programmes and requests as and when the Academy applies for a grant that meets the Foundation’s charitable purposes.” — page 6
“During the year, the Foundation received total donations of £47,249 (2024: £31,208) from the trustees and their immediate families.” — page 15
“Grants made in the year to Chelsea Academy totalled £265,556 (2024: £158,925) and expenses incurred by Chelsea Academy on the Foundation’s behalf during the year totalled £54 (2024: £91).” — page 15
“During the year, the Foundation received total donations of £47,249 (2024: £31,208) from the trustees and their immediate families.” — page 15
“Grants made in the year to Chelsea Academy totalled £265,556 (2024: £158,925) and expenses incurred by Chelsea Academy on the Foundation’s behalf during the year totalled £54 (2024: £91).” — page 15
Register events
- Received assets from another charity (25/06/2012)
Trustees
- Megan Ouchterloneychair
- Andreja Lazic
- Astrid Birgitte Nellemann
- David Rosa Casado
- Dr Deji Adewoye
- Filippo Lanza
- Jean-Charles Lemardeley
- Julie Oyogoa
- Mariana Luxardo
- Matthew Gela
- Zehra Imam-Sadeque
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £175k | £273k |
| 31/08/2024 | £160k | £165k |
| 31/08/2023 | £196k | £228k |
| 31/08/2022 | £234k | £157k |
| 31/08/2021 | £208k | £105k |
Common questions
Is CHELSEA ACADEMY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outgoing of resources for the period, resulting in a decrease in total funds from £392,815 to £293,962. The trustees maintain unrestricted free reserves of £242,608, which they aim to hold to ensure programme continuity and support new requests. The charity has no employees and relies on voluntary income and grants to fund its charitable activities. Its FY2025 accounts were independently examined.
Who funds CHELSEA ACADEMY FOUNDATION?
Funders whose own accounts filings name CHELSEA ACADEMY FOUNDATION as a grant recipient include PETER STORMONTH DARLING CHARITABLE TRUST, THE BLAKEY FOUNDATION, THE GROCERS' CHARITY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| PETER STORMONTH DARLING CHARITABLE TRUST | FY2024 | £40k | Education |
| PETER STORMONTH DARLING CHARITABLE TRUST | FY2025 | £6k | Charitable donations |
| THE BLAKEY FOUNDATION | FY2022 | £5k | |
| THE GROCERS' CHARITY | FY2022 | £5k | Education |
| PETER STORMONTH DARLING CHARITABLE TRUST | FY2021 | £5k | |
| PETER STORMONTH DARLING CHARITABLE TRUST | FY2022 | £3k | |
| PETER STORMONTH DARLING CHARITABLE TRUST | FY2023 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Young K&C | 1 | — |
| THE MOHN WESTLAKE FOUNDATION | 1 | £3.3m |
| THE EIGHTY EIGHT FOUNDATION | 1 | £751k |
| IGY FOUNDATION | 1 | £700k |
| HABERDASHERS' ASKE'S CHARITY | 1 | £500k |
| THE ASTRA FOUNDATION | 1 | £480k |
| THE ROTHSCHILD FOUNDATION | 1 | £411k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £113k |
Charities like this
- CHELSEA FC FOUNDATION
- THE CHALLONER'S GIRLS FOUNDATION
- THE REACH FOUNDATION
- SCREEN ACADEMY FOUNDATION
- THE SKINNERS' ACADEMY FOUNDATION
- THE CHELSEA CENTRE LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHELSEA ACADEMY FOUNDATION | £175k | — | 0 | unclear | — | no doubt |
| CHELSEA FC FOUNDATION | £4.5m | £140,001 - £150,000 | — | unclear | — | no doubt |
| THE CHALLONER'S GIRLS FOUNDATION | £322k | — | 0 | unclear | 1.5% | no doubt |
| THE REACH FOUNDATION | £4.2m | £130,001 - £140,000 | 1 | unclear | — | no doubt |
| SCREEN ACADEMY FOUNDATION | £3.3m | £70,000 - £80,000 | 1 | below | — | no doubt |
| THE SKINNERS' ACADEMY FOUNDATION | £135k | — | 0 | below | — | no doubt |