THE LIVING ROOM
The Living Room provides free, structured, daytime group therapy in a supportive community for adults who are abstinent and addressing harmful patterns involving substances or behaviours. We also offer group therapy for families and carers of those affected.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a small operating deficit of £26,303 for the year ended 31 March 2025, with total funds decreasing from £336,395 to £310,092. Per the trustees' report, free reserves of £293,450 were maintained within the target range of three to four months of planned expenditure, supporting the conclusion that the charity remains a going concern.
What the accounts disclose
“For the 2025/26 financial year, they have determined that a prudent level of reserves should be equivalent to three to four months of planned expenditure—estimated at between £214,000 and £285,000.”
“It is noted for transparency that the CEO is the mother of the spouse of the Treasurer of the Board of Trustees. This relationship has been declared and recorded in accordance with the charity’s conflict of interest policy, and appropriate safeguards are in place to ensure transparency and good governance.” — page 15
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Richard Croftonchair
- Akhilesh Nair
- Ashley Vaughan
- Claire Evans
- Kacey Elise Parker
- Spencer James
- William Roney
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £854k | £881k |
| 31/03/2024 | £884k | £856k |
| 31/03/2023 | £920k | £909k |
| 31/03/2022 | £830k | £859k |
| 31/03/2021 | £859k | £757k |
Common questions
Is THE LIVING ROOM financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a small operating deficit of £26,303 for the year ended 31 March 2025, with total funds decreasing from £336,395 to £310,092. Per the trustees' report, free reserves of £293,450 were maintained within the target range of three to four months of planned expenditure, supporting the conclusion that the charity remains a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/01/2024 | £20k | Main Addiction Therapy Group - Watford |
| Postcode Lottery | 01/05/2023 | £25k | Unrestricted Funding |
| The National Lottery Community Fund | 01/08/2022 | £123k | Disordered Eating Therapy Groups |