CTU COMMUNITY PROJECT
CTU Community Project provide "Camden Collective", using vacant buildings to provide free hotdesking & affordable office space for start-up businesses, alongside various business and community support programmes.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £93,255 for the year ended 31 March 2025, having transitioned from grant-funded to self-sufficiency. Per the trustees' report, unrestricted reserves increased to £332,321, and the trustees confirm that financial resources are sufficient to meet liabilities for 12 months, allowing the charity to continue as a going concern.
What the accounts disclose
“Included in creditors is a balance of £103,812 (2024: £114,639), representing salary costs of £86,510 (2024: £94,277) plus VAT due to Camden Town Centre Limited, a company who is the sole member of the charity. This balance has been paid post year end.” — page 19
Property (HM Land Registry)
Trustees
- DEBORAH LYNN THOMAS
- Martin Sagar
- Richard John Terry
- SIMON PITKEATHLEY
- William Alexander Fulford
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £372k | £279k |
| 31/03/2024 | £292k | £475k |
| 31/03/2023 | £286k | £285k |
| 31/03/2022 | £253k | £410k |
| 31/03/2021 | £129k | £98k |
Common questions
Is CTU COMMUNITY PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £93,255 for the year ended 31 March 2025, having transitioned from grant-funded to self-sufficiency. Per the trustees' report, unrestricted reserves increased to £332,321, and the trustees confirm that financial resources are sufficient to meet liabilities for 12 months, allowing the charity to continue as a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 09/06/2015 | £50k | Grant to CTU Community Project |