THE MAYOR'S FUND FOR LONDON
Registered charity 1124833 · accounts filings on the Charity Commission register
The Mayor's Fund for London is a non-politically aligned, independent charity which champions opportunities for young Londoners from low-income backgrounds. We deliver impactful programmes which help to safeguard and transform the life chances of young Londoners by supporting them with access to food, wellbeing, education and employment opportunities. The Mayor of London is our Patron.
Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £240,425 for the year, resulting in a decrease in total funds from £734,784 to £494,359. Despite this expenditure, the charity maintained unrestricted free reserves of £255,909, which exceeded its stated policy target of £210,000. The trustees and auditors confirmed that the charity is a going concern with no material uncertainties identified regarding its ability to continue operations.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Related-party transaction: Corporate fees for employability programme paid by London and Regional, where a Trustee is co-chairman and 50% shareholder.
“£5,000 during the year, paid by London and Regional, where a Trustee is the cochairman and 50% shareholder.” — page 34
“A fee of £7,500 was paid by AlixPartners LLP where a Trustee is a managing director.” — page 34
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Corporate fees for employability programme paid by AlixPartners LLP, where a Trustee is a managing director.
“£5,000 during the year, paid by London and Regional, where a Trustee is the cochairman and 50% shareholder.” — page 34
“A fee of £7,500 was paid by AlixPartners LLP where a Trustee is a managing director.” — page 34
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: MFFL Solutions Limited
“The trading subsidiary made a turnover of £279,338 (2023: £230,348). The trading subsidiary gifted profits of £97,503 to the charity in the year.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Sayer Vincent LLP. Discloses 3 of 6 completeness components.
Public fundraising profile: JustGiving — The Mayor's Fund for London (matched by registered charity number).
Structured financials (annual return, FY ending 31/12/2024)
Cost of raising funds
£154k
Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (79% 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: 5.4% of total income — above the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (01/10/2018) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Natalie Crearychair
- Azhar Mohammed Bham
- Dr Aderonke Savage
- Jennifer Halpern Prince
- Megan Rebecca Hale
- Mehmet Dalman
- Rachel Dina Nelken
- TIMOTHY ROBERTS
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout London
Income and spending
Common questions
Is THE MAYOR'S FUND FOR LONDON financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £240,425 for the year, resulting in a decrease in total funds from £734,784 to £494,359. Despite this expenditure, the charity maintained unrestricted free reserves of £255,909, which exceeded its stated policy target of £210,000. The trustees and auditors confirmed that the charity is a going concern with no material uncertainties identified regarding its ability to continue operations. Its FY2024 accounts were audited by Sayer Vincent LLP.
Who funds THE MAYOR'S FUND FOR LONDON?
Funders whose own accounts filings name THE MAYOR'S FUND FOR LONDON as a grant recipient include THE BERKELEY CHARITABLE FOUNDATION, THE CHILDHOOD TRUST, JACK PETCHEY FOUNDATION, THE ROTHSCHILD FOUNDATION, The Portal Trust.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.