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FOURTH MONKEY EDUCATION LIMITED

Registered charity 1164406 · accounts filings on the Charity Commission register

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Latest income
£1.3m
Latest spending
£1.3m
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £24,325 for the year ended 31 August 2025, resulting in accumulated unrestricted funds of £(251,252). Per the trustees' report, the organization is dependent on continued support from funders, stakeholders, and the bank, with the founder providing a personal guarantee for short-term borrowing increases to maintain going concern status.

What the accounts disclose

Reserves policy: three months of key operating costs. Equivalent to £180,000 (held: £-251k)
“The board of trustees considers the aim of holding general reserves in conjunction with designated and restricted reserves available to support Fourth Monkey's delivery equivalent to three months of key operating costs. Equivalent to £180,000 to be a prudent financial policy.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The charity is dependent on the continued support of funders and key stakeholders, including the bank as it overcomes the closure of the Bristol site due to the student housing crisis in the city. There is a bank overdraft facility in place that has previously been extended when necessary. The Founder has also committed to personally guarantee a short-term increase in borrowing if necessary.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Director of Training Charleen Aseidu-Addo is the partner of Artistic Director Steve Green. She was paid a salary of £82,000 (2024: £76,000) with employer pension contributions of £1,321 (2024: £1,321) in the year. She also made a secured loan to the charity in the year of £100,000, fully outstanding as at the end of the year and due to be fully repaid with 5% interest by 30 December 2026.
“Director of Training Charleen Aseidu-Addo is the partner of Artistic Director Steve Green. She was paid a salary of £82,000 (2024: £76,000) with employer pension contributions of £1,321 (2024: £1,321) in the year. She also made a secured loan to the charity in the year of £100,000, fully outstanding as at the end of the year and due to be fully repaid with 5% interest by 30 December 2026.” — page 38
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Breckman & Company Ltd. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.3m
Total spending
£1.3m
Cost of raising funds
£15k
Reserves (reported)
£0
Employees
16

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Islington

Income and spending

Financial year endIncomeSpending
31/08/2025£1.3m£1.3m
31/08/2024£1.3m£1.4m
31/08/2023£1.4m£1.7m
31/08/2022£2.1m£2.0m
31/08/2021£1.2m£1.3m

Common questions

Is FOURTH MONKEY EDUCATION LIMITED financially healthy?

The accounts state that the charity reported a deficit of £24,325 for the year ended 31 August 2025, resulting in accumulated unrestricted funds of £(251,252). Per the trustees' report, the organization is dependent on continued support from funders, stakeholders, and the bank, with the founder providing a personal guarantee for short-term borrowing increases to maintain going concern status. Its FY2025 accounts were audited by Breckman & Company Ltd.