AVENUES LONDON
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operational surplus of £464k for the year ended 31 March 2025, reversing a previous deficit. However, the charity holds negative unrestricted reserves of £163k and has no free reserves, falling significantly below the Group's stated target of £1.5m. The trustees confirm there are no material uncertainties regarding going concern, supported by a cross-guarantee arrangement with the parent group.
What the accounts disclose
“The number of employees whose emoluments exceeded £60k were: 2025 1 £60 - £70k” — page 39
“The number of employees whose emoluments exceeded £60k were: 2025 1” — page 39
“Avenues London has negative reserves, although following the operating surplus in 2024/25 this has been reduced and now stands at (£163k). There are no free reserves.” — page 22
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Avenues London - 1a Webb Road: Requires improvement
- Glebe House: Requires improvement
- Avenues London (South): Good
- Avenues London South West: Good
- Neave Crescent: Good
- 13a Repton Drive: Good
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £19.3m | £18.9m |
| 31/03/2024 | £15.4m | £15.8m |
| 31/03/2023 | £12.9m | £13.3m |
| 31/03/2022 | £12.4m | £12.5m |
| 31/03/2021 | £12.0m | £11.7m |
Common questions
Is AVENUES LONDON financially healthy?
The accounts state that the charity reported an operational surplus of £464k for the year ended 31 March 2025, reversing a previous deficit. However, the charity holds negative unrestricted reserves of £163k and has no free reserves, falling significantly below the Group's stated target of £1.5m. The trustees confirm there are no material uncertainties regarding going concern, supported by a cross-guarantee arrangement with the parent group. Its FY2025 accounts were audited by RSM UK Audit LLP.
What does the highest-paid employee of AVENUES LONDON earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.