LONDON MINING NETWORK
LMN IS AN ALLIANCE OF HUMAN RIGHTS, DEVELOPMENT, ENVIRONMENTAL & SOLIDARITY GROUPS WORKING FOR HUMAN RIGHTS, INCLUDING THE RIGHTS OF INDIGENOUS PEOPLES & WORKERS, & SUSTAINABLE DEVELOPMENT (DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING FUTURE GENERATIONS NEEDS) IN COMMUNITIES AROUND THE WORLD AFFECTED BY THE ACTIVITIES OF MINING COMPANIES BASED IN OR FUNDED FROM LONDON.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £33,014 for the year, with total unrestricted reserves of £98,889 and designated reserves of £80,000. The trustees confirm that the charity is a going concern for the next 12 to 18 months based on current cash and committed funding. However, the trustees note that the 2025 income budget is a best-case scenario with only £125k of the required £250k confirmed at present.
What the accounts disclose
“We aim to maintain a designated reserves level between a minimum of four months and an optimum level of six months’ normal activity costs.” — page 27
“During the financial year ended 31st December 2024 Richard Solly, LMN Coordinator, is a member of the Community of the Passion, a Christian religious community associated with the Congregation of the Passion St Joseph's Province, which has a grant-making facility which supports London Mining Network.” — page 41
“The trustee, Andrew Witmore, is being paid for work on just transition by the member organisation, War on Want.” — page 41
“During the financial year ended 31st December 2024 Richard Solly, LMN Coordinator, is a member of the Community of the Passion, a Christian religious community associated with the Congregation of the Passion St Joseph's Province, which has a grant-making facility which supports London Mining Network.” — page 41
“The trustee, Andrew Witmore, is being paid for work on just transition by the member organisation, War on Want.” — page 41
Funders the charity credits
- The Ford Foundation
- Network for Social Change
Trustees
- ANDREW GILES LOVELL HICKMAN
- Anca Giurgiu
- Dorothy Grace Guerrero
- PATRICK SCOTT
- PETER FRANKENTAL
- Sue Willman
- Terence Blackman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £200k | £179k |
| 31/12/2023 | £177k | £177k |
| 31/12/2022 | £169k | £177k |
| 31/12/2021 | £137k | £123k |
| 31/12/2020 | £167k | £109k |
Common questions
Is LONDON MINING NETWORK financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £33,014 for the year, with total unrestricted reserves of £98,889 and designated reserves of £80,000. The trustees confirm that the charity is a going concern for the next 12 to 18 months based on current cash and committed funding. However, the trustees note that the 2025 income budget is a best-case scenario with only £125k of the required £250k confirmed at present. Its FY2024 accounts were independently examined.
Who funds LONDON MINING NETWORK?
Funders whose own accounts filings name LONDON MINING NETWORK as a grant recipient include THE JOSEPH ROWNTREE CHARITABLE TRUST, JOFFE CHARITABLE TRUST CIO, THE CONGREGATION OF THE PASSION OF JESUS CHRIST, PERSULA FOUNDATION, NETWORK FOR SOCIAL CHANGE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE JOSEPH ROWNTREE CHARITABLE TRUST | FY2023 | £60k | Challenging Mining in the Energy Transition |
| JOFFE CHARITABLE TRUST CIO | FY2024 | £30k | |
| JOFFE CHARITABLE TRUST CIO | FY2023 | £30k | |
| THE CONGREGATION OF THE PASSION OF JESUS CHRIST | FY2021 | £28k | London Mining Network |
| PERSULA FOUNDATION | FY2024 | £20k | |
| THE CONGREGATION OF THE PASSION OF JESUS CHRIST | FY2023 | £20k | Passionist Partner |
| THE CONGREGATION OF THE PASSION OF JESUS CHRIST | FY2022 | £20k | Passionist Partners |
| PERSULA FOUNDATION | FY2023 | £20k | |
| NETWORK FOR SOCIAL CHANGE CHARITABLE TRUST | FY2022 | £18k | Green Planet Pool |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| INTERNATIONAL INSTITUTE FOR ENVIRONMENT AND DEVELOPMENT | 1 | £188k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £155k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £70k |
| GLOBAL CANOPY | 1 | £58k |
| THE NORTHWICK TRUST | 1 | £35k |
| HARMONY WITH NATURE CHARITABLE TRUST | 1 | £14k |
| CHK Foundation | 1 | £10k |
| STAPLES TRUST | 1 | £5k |
Charities like this
- LTPP
- GLOBAL COMPACT NETWORK UK
- FOREST PEOPLES PROGRAMME
- SUSTAINABILITY. HEALTH. ENVIRONMENT. DEVELOPMENT.
- LHA LONDON LTD
- TESTLANDS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LONDON MINING NETWORK | £200k | — | 0 | unclear | — | no doubt |
| LTPP | £3.1m | — | 0 | above | — | no doubt |
| GLOBAL COMPACT NETWORK UK | £3.7m | — | 0 | below | — | no doubt |
| FOREST PEOPLES PROGRAMME | £9.6m | — | — | unclear | — | noted |
| SUSTAINABILITY. HEALTH. ENVIRONMENT. DEVELOPMENT. | £2.8m | — | 0 | above | — | no doubt |
| LHA LONDON LTD | £19.8m | — | — | unclear | — | no doubt |