TOWER HAMLETS EDUCATION PARTNERSHIP
The principal activity of THE Partnership is the advancement of education for the public benefit in and through member schools and other educational settings and initiatives, initially focused on the London Borough of Tower Hamlets.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £181,118 for the year ended 31 March 2025, with total unrestricted reserves standing at £750,814. Per the trustees' report, these reserves exceed the stated policy target of three months' average expenditure, and the trustees consider the financial position sufficient to cover current commitments and continuing activities.
What the accounts disclose
“After an assessment of risk, the Trustees have approved a target level of free reserves that is sufficient to cover a minimum of three months' average expenditure.”
“Membership subscriptions and services paid for by member schools in which a member of the Board of Trustees has an interest are on an arm’s length basis and amounted to £53,695 (2024: £23,062). Supplier payments of £45,464 (2024: £10,173) were paid on an arm’s length basis to member schools in which a member of the Board of Trustees has an interest.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ALASDAIR UIST MACDONALD
- Jon Stewart Ryder
- MD Pervez Sazzad Qureshi
- MICHAEL KEATING
- Martin Peter Tune CBE
- Neil Barrie Wells
- Nessa McNeela
- Olubunkunola Yusuf
- Rebecca Abrahams
- Robert Thomas Ferguson Crothers
- Zafrin Khan-Wheatley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.1m |
| 31/03/2024 | £1.2m | £1.2m |
| 31/03/2023 | £1.2m | £1.3m |
| 31/03/2022 | £1.4m | £1.6m |
| 31/03/2021 | £1.5m | £1.6m |
Common questions
Is TOWER HAMLETS EDUCATION PARTNERSHIP financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £181,118 for the year ended 31 March 2025, with total unrestricted reserves standing at £750,814. Per the trustees' report, these reserves exceed the stated policy target of three months' average expenditure, and the trustees consider the financial position sufficient to cover current commitments and continuing activities. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARLES S FRENCH CHARITABLE TRUST | 2 | £13k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £563k |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £529k |
| CSIS CHARITY FUND | 1 | £63k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £54k |
| THE BATCHWORTH TRUST | 1 | £15k |
| THE 29TH MAY 1961 CHARITY | 1 | £15k |
| THE CHILDHOOD TRUST | 1 | £15k |
Charities like this
- EARLY YEARS NETWORK TOWER HAMLETS
- TOWER HAMLETS PARENTS CENTRE
- TITAN PARTNERSHIP LIMITED
- THE TOWER HOUSE SCHOOL CHARITABLE FOUNDATION
- TOWER HAMLETS AND CANARY WHARF FURTHER EDUCATION TRUST
- TOWER HAMLETS YOUTH SPORT FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TOWER HAMLETS EDUCATION PARTNERSHIP | £1.3m | — | — | unclear | — | no doubt |
| EARLY YEARS NETWORK TOWER HAMLETS | £413k | — | 0 | unclear | — | no doubt |
| TOWER HAMLETS PARENTS CENTRE | £138k | — | 0 | below | — | no doubt |
| TITAN PARTNERSHIP LIMITED | £509k | — | — | unclear | — | no doubt |
| THE TOWER HOUSE SCHOOL CHARITABLE FOUNDATION | £3.3m | — | — | unclear | — | no doubt |
| TOWER HAMLETS AND CANARY WHARF FURTHER EDUCATION TRUST | £204k | — | — | unclear | — | no doubt |