THE MAYOR'S FUND FOR LONDON
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.
What the accounts disclose
“£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
“£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
“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
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (01/10/2018)
Trustees
- TIMOTHY ROBERTSchair
- Azhar Mohammed Bham
- Dr Aderonke Savage
- IAN LIVINGSTONE
- Jennifer Halpern Prince
- Megan Rebecca Hale
- Mehmet Dalman
- Natalie Creary
- Rachel Dina Nelken
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.9m | £3.1m |
| 31/12/2023 | £3.2m | £3.0m |
| 31/12/2022 | £2.2m | £2.5m |
| 31/12/2021 | £2.6m | £2.5m |
| 31/12/2020 | £2.8m | £2.8m |
Common questions
Is THE MAYOR'S FUND FOR LONDON financially healthy?
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 ROTHSCHILD FOUNDATION, The Portal Trust, MONDAY CHARITABLE TRUST, THE CHILDHOOD TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE BERKELEY CHARITABLE FOUNDATION | FY2023 | £255k |
| THE BERKELEY CHARITABLE FOUNDATION | FY2024 | £180k |
| THE ROTHSCHILD FOUNDATION | FY2022 | £50k |
| The Portal Trust | FY2025 | £32k |
| The Portal Trust | FY2024 | £30k |
| MONDAY CHARITABLE TRUST | FY2024 | £25k |
| THE CHILDHOOD TRUST | FY2024 | £20k |
| THE SIMMONS AND SIMMONS CHARITABLE FOUNDATION | FY2023 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRIDGE HOUSE ESTATES | 1 | £1.0m |
| THE CRUCIBLE FOUNDATION | 1 | £110k |
| THE COMPANY OF CHARTERED SURVEYORS CHARITABLE TRUST FUND (1992) | 1 | £110k |
| GENESIS AMERICA (UK) LIMITED | 1 | £77k |
| THE FOYLE FOUNDATION | 1 | £75k |
| CBRE UK CHARITABLE TRUST | 1 | £50k |
| THE ATHERTON FAMILY CHARITABLE TRUST | 1 | £20k |
| THE KARLSSON JATIVA CHARITABLE FOUNDATION | 1 | £20k |