CEO SLEEPOUT
To relieve homelessness and other forms of poverty by funding and creating projects to improve the life skills and opportunities of those who are marginalised. Our funds are raised by executives at our events who sleep outdoors for one night to raise sponsorship from their business contacts and friends. These events are nationwide.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £109,540 for the period, with unrestricted reserves falling to £278,917. The trustees consider this level of reserves to be prudent and sufficient to continue operations, noting that the charity holds the equivalent of six months' operating costs in line with its policy.
What the accounts disclose
“The following received emoluments (based on full year equivalent) in excess of £60,000. £60,000 - £65,000 1” — page 17
“The following received emoluments (based on full year equivalent) in excess of £60,000. £60,000 - £65,000 1” — page 17
“Our reserves policy is to hold the equivalent of six months’ operating costs to safeguard continuity of charitable activities.”
“The charity receives admin support from an employee of Green Lane Capital Limited, a company of which a trustee, A Preston, is a director. No charge is made to the charity for this time. The estimated cost of the time is included as a donation in kind.” — page 13
Year-over-year changes
- Employees paid over £60,000: 0 (FY2024) → 1 (FY2024).
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Abu Ali
- MR ANDY PRESTON
- NIKLAS FRANCIS TUNLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £674k | £784k |
| 31/03/2024 | £768k | £630k |
| 31/03/2023 | £599k | £497k |
| 31/03/2022 | £440k | £350k |
| 31/03/2021 | £140k | £155k |
Common questions
Is CEO SLEEPOUT financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £109,540 for the period, with unrestricted reserves falling to £278,917. The trustees consider this level of reserves to be prudent and sufficient to continue operations, noting that the charity holds the equivalent of six months' operating costs in line with its policy. Its FY2024 accounts were independently examined.
What does the highest-paid employee of CEO SLEEPOUT earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,000 - £65,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ARCHER TRUST | 2 | £11k |
| Brian Mercer Trust | 1 | £225k |
| FOWLER SMITH AND JONES TRUST | 1 | £90k |
| THE MEDLOCK CHARITABLE TRUST | 1 | £88k |
| THE BLOOM FOUNDATION | 1 | £77k |
| ST GILES-IN-THE-FIELDS AND BLOOMSBURY UNITED CHARITY | 1 | £56k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £32k |
| THE HAMPSTEAD WELLS AND CAMPDEN TRUST | 1 | £30k |
Charities like this
- SLEEPSAFE SELBY
- PAPER CUP PROJECT
- CENTREPOINT OUTREACH
- HOLY TRINITY NIGHT SHELTER & COMMUNITY OUTREACH
- C4WS HOMELESS PROJECT
- NIGHTSAFE LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CEO SLEEPOUT | £674k | £60,000 - £65,000 | 1 | unclear | — | no doubt |
| SLEEPSAFE SELBY | £102k | — | 0 | unclear | — | no doubt |
| PAPER CUP PROJECT | £143k | — | 0 | unclear | — | no doubt |
| CENTREPOINT OUTREACH | £224k | — | 0 | unclear | — | noted |
| HOLY TRINITY NIGHT SHELTER & COMMUNITY OUTREACH | £137k | — | 0 | unclear | — | no doubt |
| C4WS HOMELESS PROJECT | £368k | — | 0 | above | — | no doubt |