TOWER HAMLETS MISSION

Registered charity 1154842 · accounts filings on the Charity Commission register

Working with people suffering from alcohol and/or drug dependency, who are homeless, or in danger of becoming homeless and are receiving state benefits. Our aim is to enable them to break the cycle of chronic addiction definitively and to rebuild purposeful, stable lives through the provision of high quality, comprehensive, and long term residential therapy, rehabilitation and resettlement.

Causes: Other Charitable Purposes · website · Get email alerts

Latest income
£782k
Latest spending
£808k
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity's total net assets decreased by £24,541 to stand at £2,674,198, with unrestricted general funds reduced to £2,652,663. The trustees maintain a reserves policy targeting four months of average costs, supported by a strategic reserve of £80,873 held in cash, alongside significant fixed assets valued at £2,754,568. The independent auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: four months average costs (held: £2.7m)
“In addition it seeks to achieve a general reserve to cover working capital requirements and four months average costs.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Cobbin Floyd Ltd. Discloses 5 of 6 completeness components.

Corporate structure

Property (HM Land Registry)

5 registered titles in England and Wales held by the charity’s company or corporate body (5 freehold); recorded price paid £1.0m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

CQC provider record: Tower Hamlets Mission — Registered, 1 registered location, 1 regulated activity, last inspected 13/05/2022.charity number confirmed by CQC CQC record

Structured financials (annual return, FY ending 31/03/2025)

Total income
£782k
Total spending
£808k
Cost of raising funds
£19k
Reserves (reported)
£2.7m
Employees
16

Reported reserves equal ~39.7 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (89% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 2.4% of total income — below the median for charities its size (4.9%) (benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Tower Hamlets

Income and spending

Financial year endIncomeSpending
31/03/2025£782k£808k
31/03/2024£775k£767k
31/03/2023£694k£739k
31/03/2022£672k£630k
31/03/2021£669k£634k

Common questions

Is TOWER HAMLETS MISSION financially healthy?

Per its FY2025 accounts: The accounts state that the charity's total net assets decreased by £24,541 to stand at £2,674,198, with unrestricted general funds reduced to £2,652,663. The trustees maintain a reserves policy targeting four months of average costs, supported by a strategic reserve of £80,873 held in cash, alongside significant fixed assets valued at £2,754,568. The independent auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Cobbin Floyd Ltd.

Who funds TOWER HAMLETS MISSION?

Funders whose own accounts filings name TOWER HAMLETS MISSION as a grant recipient include THE MARIE CELESTE SAMARITAN SOCIETY, INNER LONDON MAGISTRATES COURT POOR BOX, SCHRODER CHARITY TRUST, THE HORNERS CHARITY FUND, THE WILLIAM ALLEN YOUNG CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
City Bridge Foundation26/11/2015£20kGrant to Tower Hamlets Mission