FAST 58
Fast 58 ministers to the homeless and others in need in Central London.
Latest income
£52k
Latest spending
£60k
Registered
2010
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that total funds decreased from £20,571 to £12,944 due to a net movement in funds of -£7,627, as expenditure of £59,831 exceeded income of £52,204. The charity holds unrestricted funds of £12,944 and restricted funds of £0 at the year end.
What the accounts disclose
Largest income source: none
“In addition to general donations of £28,744, Fast58 received the following grants and awards totalling £: 23,460” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- MICHAEL PHILIP DAVEYchair
- Debbie Walsh
- PROFESSOR TSZ CHEONG TONY NG
- SELORM KLAYE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £52k | £60k |
| 31/03/2024 | £58k | £65k |
| 31/03/2023 | £77k | £58k |
| 31/03/2022 | £48k | £42k |
| 31/03/2021 | £48k | £42k |
Common questions
Is FAST 58 financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased from £20,571 to £12,944 due to a net movement in funds of -£7,627, as expenditure of £59,831 exceeded income of £52,204. The charity holds unrestricted funds of £12,944 and restricted funds of £0 at the year end. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| London Borough of Southwark | 31/03/2024 | £22k | Grant to Fast 58 |
| London Borough of Southwark | 31/03/2022 | £5k | Grant to Fast 58 |
| London Borough of Southwark | 01/04/2020 | £3k | Grant to Fast 58 |