Foundation For Future London
Latest income
£1.5m
Latest spending
£1.3m
Registered
2015
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity held unrestricted reserves of £1,418,797, which is considerably more than its stated target of 12 months of expenditure. The charity reported a net outgoing of resources for the year, driven by deliberate planned deficits to invest in fundraising growth and diversify income streams.
What the accounts disclose
Reserves policy: not less than 12 months expenditure over the short term (held: £1.4m)
“The current policy is for the charity to hold a target range of reserves of not less than 12 months expenditure over the short term.” — page 21
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: Futurelondon Enterprises Limited
“FFL has one subsidiary, Future London Enterprises Ltd, founded on 3 October 2015. It has been active during the financial year 2022-23 as part of the successful funding and donation from WSC/URW for sponsorship fees and activities related to events, marketing and communication.” — page 21
Per its FY2023 accounts as filed with the Charity Commission.
Corporate structure
- Registered company of the charity Companies House 09483822
- Trading subsidiary: FUTURELONDON ENTERPRISES LIMITED Companies House 09807606
Leadership, per the charity’s website
- Sarah Nelson — CEO
- Sir David Bell — Co-Chair
Funders the charity credits
- City of London
- Headland
- Westfield Stratford City
- Mayor of London
- NHS Race & Health Observatory
- The Cherry Family Foundation
- BBC
- University of East London
Structured financials (annual return, FY ending 31/03/2025)
Total income
£1.5m
Total spending
£1.3m
Cost of raising funds
£151k
Reserves (reported)
£1.5m
Employees
7
Register events
- Received assets from another charity (03/05/2016)
Trustees
- Sir David Charles Maurice Bellchair
- Abul Khoyer Mohammed Iftekar Hussain
- Andrew Adedipe
- Anne Marie Mullins
- Baronness Lola Young
- Charlotte Thomson
- Christopher Stephen West
- Ciara Solmi
- JOSEPH FRANCIS LYONS
- LOUISE JEFFREYS
- Lauren Tamazin Gee
- Sophie Beagles
- Stephen David Burr
- Umme Halima Khanom
- Vaibhav Negi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.5m | £1.3m |
| 31/03/2024 | £2.6m | £2.6m |
| 31/03/2023 | £2.8m | £3.3m |
| 31/03/2022 | £2.7m | £2.8m |
| 31/03/2021 | £812k | £1.5m |
Common questions
Is Foundation For Future London financially healthy?
The accounts state that the charity held unrestricted reserves of £1,418,797, which is considerably more than its stated target of 12 months of expenditure. The charity reported a net outgoing of resources for the year, driven by deliberate planned deficits to invest in fundraising growth and diversify income streams. Its FY2023 accounts were audited by Lucraft Hodgson & Dawes LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRIDGE HOUSE ESTATES | 1 | £1.0m |
| THE BERKELEY CHARITABLE FOUNDATION | 1 | £435k |
| THE CRUCIBLE FOUNDATION | 1 | £110k |
| THE AMATEURS TRUST | 1 | £90k |
| The Portal Trust | 1 | £62k |
| THE ROTHSCHILD FOUNDATION | 1 | £50k |
| CBRE UK CHARITABLE TRUST | 1 | £50k |
| MONDAY CHARITABLE TRUST | 1 | £25k |