CREATE LONDON
The charity's main aim is to help improve the popularity of cultural events within the main east London area and, in particular, within younger age groups who traditionally do not have a track record of attendance at or involvement in such events.
Financial health, per its FY2025 accounts
The accounts state that total incoming resources were £609,392 against total expenditure of £800,854, resulting in a net expenditure for the year. The charity's unrestricted reserves stood at £151,706, which the trustees note equates to 4.4 months of core running costs. The trustees acknowledge that rebuilding reserves to the target of six months is challenging due to post-pandemic fundraising conditions and cost pressures.
What the accounts disclose
“Income from charitable activities was £576,065 (2024 - £833,484) of which £152,760 was attributable to unrestricted funds (2024 £152,760) and £423,305 was attributable to restricted funds (2024 - £680,724).” — page 21
“The Trustees’ objective is for Create London to hold unrestricted reserves to cover a minimum of 3 and ideally 6 months of core operating costs; 6 months equates to £200k at 2025 levels.” — page 14
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Andreas Paul Wesemann
- Caroline McGinn
- Cllr Anna Rose Kerr
- Cllr Sam Mathys
- Clrr Simon Perry
- David Gregor Hrankovic
- Ilona Anne Harris
- Ingrid Petit
- Louise O'Donnell
- Sarah Louise Mann
- Siraaj Mitha
- Tina John
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £609k | £801k |
| 31/03/2024 | £841k | £788k |
| 31/03/2023 | £629k | £944k |
| 31/03/2022 | £1.8m | £1.8m |
| 31/03/2021 | £730k | £956k |
Common questions
Is CREATE LONDON financially healthy?
Per its FY2025 accounts: The accounts state that total incoming resources were £609,392 against total expenditure of £800,854, resulting in a net expenditure for the year. The charity's unrestricted reserves stood at £151,706, which the trustees note equates to 4.4 months of core running costs. The trustees acknowledge that rebuilding reserves to the target of six months is challenging due to post-pandemic fundraising conditions and cost pressures. Its FY2025 accounts were independently examined.
Who funds CREATE LONDON?
Funders whose own accounts filings name CREATE LONDON as a grant recipient include THE FREELANDS FOUNDATION LIMITED, NATIONAL ART COLLECTIONS FUND, THE MARCHUS TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE FREELANDS FOUNDATION LIMITED | FY2021 | £181k | Create London Hackney Windrush Commission |
| THE FREELANDS FOUNDATION LIMITED | FY2022 | £98k | Hackney Windrush Commission |
| NATIONAL ART COLLECTIONS FUND | FY2023 | £16k | Acquisition grant |
| THE MARCHUS TRUST | FY2022 | £5k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 22/01/2024 | £51k | Grant to Create London |
| The National Lottery Heritage Fund | 03/05/2023 | £174k | "Breaking Waves: A living archive of Thames Ward through the lens of The Great Flood 1953-2023" |
| City Bridge Foundation | 25/07/2019 | £58k | Grant to Create London |
| The National Lottery Heritage Fund | 29/03/2019 | £43k | "The Dividing Line: Learning from the Newham monitoring project & youth movement" |
| The National Lottery Community Fund | 30/01/2019 | £10k | The Front Room Programme |
| The National Lottery Heritage Fund | 27/11/2018 | £448k | "Living Together: 100 years of British social housing, through the lens of the Becontree Estate" |
| Greater London Authority | 18/01/2018 | £35k | Grant to Create London |
| The National Lottery Heritage Fund | 01/12/2016 | £84k | "The History and Legacy of the Walthamstow School of Art" |
| City Bridge Foundation | 24/11/2016 | £42k | Grant to Create London |
| The National Lottery Heritage Fund | 08/10/2015 | £46k | "Interpreting the Heritage of Hardy Amies" |
| Greater London Authority | 02/09/2015 | £8k | Grant to Create London |
| Greater London Authority | 10/06/2015 | £16k | Grant to Create |
| The National Lottery Community Fund | 27/05/2014 | £9k | Baltic Street Adventure Playground - Summer Activity Programme |
| City Bridge Foundation | 18/04/2013 | £75k | Grant to Create London |