THE LONDON MERIT ASSOCIATION
Merit Education Programme for 17+ including numeracy & literacyStop smoking servicePrevention of drug abuseOverseas Turkish Student ProgrammeMerit Supplementary School Edmonton Youth Merit F.C.Edmonton Youth CentreMapping Developing and Understanding of Muslim CommunitiesAnatolian Art & Culture Institute
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted funds increased to £194,514, driven by a significant rise in cash reserves from £31,919 to £222,724. This financial strengthening occurred despite a £146,787 impairment charge on leasehold improvements. The trustees report a strong financial position and confirm the securing of a new centre to provide future stability.
What the accounts disclose
Structured financials (annual return, FY ending 31/05/2025)
Trustees
- Cihat Yildiz
- ENVER GUNDOGDU
- Ismail Sik
- Kenan Boyraz
- MUSA KARABAY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £616k | £584k |
| 30/04/2024 | £418k | £531k |
| 30/04/2023 | £288k | £320k |
| 30/04/2022 | £373k | £262k |
| 30/04/2021 | £387k | £342k |
Common questions
Is THE LONDON MERIT ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted funds increased to £194,514, driven by a significant rise in cash reserves from £31,919 to £222,724. This financial strengthening occurred despite a £146,787 impairment charge on leasehold improvements. The trustees report a strong financial position and confirm the securing of a new centre to provide future stability. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/04/2019 | £30k | Knife Crime Community Fund 2019-20 |