LIDO FOUNDATION
The Lido Foundation provide the following service.Information and Advice:We provide advice on welfare, benefits, housing, debt, application support to people from disadvantaged backgrounds. The service is open 3 days a week.By signposting and advising residents, the Lido Foundation is reducing social exclusion. Instead of falling homeless or into other desperate circumstances.
Financial health, per its FY2025 accounts
The accounts state that the charity operated with minimal reserves and experienced a net decrease in total funds of £18,828 for the year. The trustees are actively working to build up the donor base to achieve a reserve policy target of six months' operating expenditure. Despite the financial deficit, the independent examiner confirmed that there are no material uncertainties regarding the charity's ability to continue.
What the accounts disclose
“No employee earned more than £60,000 during the year” — page 15
“The company currently operates with minimal reserves. The trustees are endeavouring to build up its donor base with a view to having reserves equal to six months operating expenditure.” — page 3
Trustees
- Farhia Yusuf
- Kamal Hassan
- Safi Mohamed Ali
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £94k | £162k |
| 31/01/2025 | £120k | £139k |
| 31/01/2024 | £240k | £135k |
| 31/01/2023 | £252k | £247k |
| 31/01/2022 | £497k | £497k |
Common questions
Is LIDO FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated with minimal reserves and experienced a net decrease in total funds of £18,828 for the year. The trustees are actively working to build up the donor base to achieve a reserve policy target of six months' operating expenditure. Despite the financial deficit, the independent examiner confirmed that there are no material uncertainties regarding the charity's ability to continue. Its FY2025 accounts were independently examined.
What does the highest-paid employee of LIDO FOUNDATION earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds LIDO FOUNDATION?
Funders whose own accounts filings name LIDO FOUNDATION as a grant recipient include HAMMERSMITH UNITED CHARITIES.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| HAMMERSMITH UNITED CHARITIES | FY2022 | £20k | Support for the foundation’s administrator for one year. |
| HAMMERSMITH UNITED CHARITIES | FY2025 | £15k | The grant will cover increasing core costs and contribute to the salary of the welfare advisor to meet the increasing demands of users. It will fund the Money A |
| HAMMERSMITH UNITED CHARITIES | FY2024 | £15k | The grant will cover increasing core costs and contribute to the salary of the welfare advisor to meet the increasing demands of users. It will fund the Money A |
| HAMMERSMITH UNITED CHARITIES | FY2023 | £15k | To fund the salary of an administrator to support people accessing Universal Credit Support, Housing Support, and access to resources to overcome poverty and is |
| HAMMERSMITH UNITED CHARITIES | FY2022 | £400 | Small grant to support the wellbeing of staff and volunteers |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 18/03/2021 | £45k | [Wave 5 LCRF] Universal Credit advice |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NEIGHBOURLY FOUNDATION | 1 | £1.3m |
| BRIDGE HOUSE ESTATES | 1 | £1.0m |
| TRUST FOR LONDON | 1 | £800k |
| THE PENNIES FOUNDATION | 1 | £596k |
| WILLIAM ADLINGTON CADBURY CHARITABLE TRUST | 1 | £357k |
| THE CRUCIBLE FOUNDATION | 1 | £160k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £55k |
| CBRE UK CHARITABLE TRUST | 1 | £51k |
Charities like this
- LCI MD 105 FOUNDATION
- PS FOUNDATION
- THE LONDON COMMUNITY FOUNDATION
- One Housing Foundation
- LSEG Foundation
- THE JD FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LIDO FOUNDATION | £94k | Under £60,000 | 0 | below | — | no doubt |
| LCI MD 105 FOUNDATION | £126k | — | 0 | unclear | — | no doubt |
| PS FOUNDATION | £560k | — | 0 | unclear | — | no doubt |
| THE LONDON COMMUNITY FOUNDATION | £9.3m | — | — | within | — | no doubt |
| One Housing Foundation | £221k | — | 1 | unclear | — | not going concern |
| LSEG Foundation | £4.6m | — | 0 | unclear | — | no doubt |