LONDON RECLAIMED
London Reclaimed started in 2011 as an employment charity with a passion to help young people who struggle to step up into employment. We provide job-specific training, employability skills, tailored mentoring and paid work to 16-25 years olds in South East London, in Goldfinch Furniture and Lumberjack Cafe.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £13,144 and holds net current liabilities of £52,476, meaning it has no free unrestricted reserves. The trustees report a material uncertainty regarding the charity's ability to continue as a going concern due to an inability to secure necessary additional funding and rising fixed costs, noting that the future of the charity was in doubt at the year-end.
What the accounts disclose
“The reserves policy is to hold three month's average expenditure in cash.” — page 12
“The trustees have made an assessment of going concern and believe that the going concern basis remains appropriate but a material uncertainty exists regarding the charity's ability to continue to operate in the longer term in its current form.” — page 17
Structured financials (annual return, FY ending 31/05/2025)
Register events
- Received assets from another charity (06/08/2026)
Trustees
- TIM POWELLchair
- Louise Elizabeth Sadler
- Peter William Felgate
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £782k | £795k |
| 31/05/2024 | £652k | £751k |
| 31/05/2023 | £500k | £737k |
| 31/05/2022 | £450k | £473k |
| 31/05/2021 | £272k | £336k |
Common questions
Is LONDON RECLAIMED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £13,144 and holds net current liabilities of £52,476, meaning it has no free unrestricted reserves. The trustees report a material uncertainty regarding the charity's ability to continue as a going concern due to an inability to secure necessary additional funding and rising fixed costs, noting that the future of the charity was in doubt at the year-end. Its FY2025 accounts were independently examined.
Who funds LONDON RECLAIMED?
Funders whose own accounts filings name LONDON RECLAIMED as a grant recipient include KUSUMA TRUST UK, MOYNITRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| KUSUMA TRUST UK | FY2024 | £10k | Random Act of Kindness |
| KUSUMA TRUST UK | FY2023 | £10k | Random Act of Kindness |
| MOYNITRUST | FY2022 | £5k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 13/01/2023 | £10k | Young Furniture Makers Training Programme |
| London Borough of Southwark | 01/04/2020 | £5k | Grant to London Reclaimed |