DITCH THE LABEL LTD
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Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £138,164 for the year ended 28 February 2025, resulting in a decrease in unrestricted funds to £379,122. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future on a going concern basis. The charity's reserves policy targets maintaining three months of expenditure, which the trustees consider has been maintained throughout the year.
What the accounts disclose
“It is the policy of the charitable company that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to three month’s expenditure.” — page 5
Structured financials (annual return, FY ending 28/02/2025)
Trustees
- Alexander David Luff
- Brad Joel Hewlett
- Daniella Lily Lebor-Goodman
- Heike Fischer
- Jason Lee Peter Blackman FCA
- Leshmi Kishore
- Lok Kwan Tse
- Raphael Gaetan Denoux
- Rebecca Reynolds Newton
- Shakib Miah
- Shirish Sharma
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £602k | £740k |
| 29/02/2024 | £615k | £551k |
| 28/02/2023 | £593k | £551k |
| 28/02/2022 | £660k | £380k |
| 28/02/2021 | £303k | £397k |
Common questions
Is DITCH THE LABEL LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £138,164 for the year ended 28 February 2025, resulting in a decrease in unrestricted funds to £379,122. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future on a going concern basis. The charity's reserves policy targets maintaining three months of expenditure, which the trustees consider has been maintained throughout the year. Its FY2025 accounts were independently examined.
Who funds DITCH THE LABEL LTD?
Funders whose own accounts filings name DITCH THE LABEL LTD as a grant recipient include THE JOHN R. MURRAY CHARITABLE TRUST, THE ANTON JURGENS CHARITABLE TRUST, LORD BARNBY'S FOUNDATION, THE TRUEMARK TRUST, THE S M B TRUST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/08/2015 | £8k | Ask Ditch - Habbo |