EDCITY OFFICE
EdCity Office is a charitable company responsible for running the EdCity project office space in White City. The office building will bring together tenants including mission-aligned organisations who, individually and collectively, are aiming to transform outcomes for children in challenging circumstances in the UK and beyond.
Objects
THE ONLY OBJECTS FOR WHICH THE CHARITY IS ESTABLISHED ARE FOR THE PUBLIC BENEFIT TO FURTHER SUCH EXCLUSIVELY CHARITABLE PURPOSES AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT INCLUDING IN PARTICULAR THE PROMOTION OF THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES AND THE EFFECTIVE USE OF CHARITABLE RESOURCES.
Financial health, per its FY2025 accounts
The accounts state that unrestricted general funds (free reserves) amounted to £6.0m, which is available to meet day-to-day working capital requirements. The trustees confirmed that the charity has sufficient resources to meet its liabilities as they fall due and identified no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Reserves are expected to at least cover minimum contractual liabilities that are expected to accrue within the course of the coming year” — page 7
“£nil (2023/24 – £22,240k) of donations were received by Ark, the parent charity, and were transferred in cash to EdCity Office.” — page 36
“During the year, EdCity Office recognised £687k of lease related and event space income from Ark Schools” — page 36
“£nil (2023/24 – £22,240k) of donations were received by Ark, the parent charity, and were transferred in cash to EdCity Office.” — page 36
“During the year, EdCity Office recognised £687k of lease related and event space income from Ark Schools” — page 36
“£nil (2023/24 – £22,240k) of donations were received by Ark, the parent charity, and were transferred in cash to EdCity Office.” — page 36
“During the year, EdCity Office recognised £687k of lease related and event space income from Ark Schools” — page 36
“£nil (2023/24 – £22,240k) of donations were received by Ark, the parent charity, and were transferred in cash to EdCity Office.” — page 36
“During the year, EdCity Office recognised £687k of lease related and event space income from Ark Schools” — page 36
“£nil (2023/24 – £22,240k) of donations were received by Ark, the parent charity, and were transferred in cash to EdCity Office.” — page 36
“During the year, EdCity Office recognised £687k of lease related and event space income from Ark Schools” — page 36
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Corporate structure
- Registered company of the charity Companies House 11596797
Company officers (Companies House)
- GRIST, Laurie Catherine on trustee list
- MORGAN, Sally, Baroness on trustee list
- RUSSELL, Jacqueline Anne on trustee list
- WACE, Ian Gerald Patrick on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Baroness Sally Morgan
- Ian Wace
- Jacqueline Russell
- Laurie Grist
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £2.2m | £2.4m |
| 31/08/2024 | £22.3m | £18.8m |
| 31/08/2023 | £798k | £502k |
| 31/08/2022 | £561k | £35k |
| 31/08/2021 | £11.5m | £168k |
Common questions
Is EDCITY OFFICE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted general funds (free reserves) amounted to £6.0m, which is available to meet day-to-day working capital requirements. The trustees confirmed that the charity has sufficient resources to meet its liabilities as they fall due and identified no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
Charities like this
- WHITE CITY THEATRE PROJECT CIO
- Open City
- ECKINGTON VILLAGE DEVELOPMENT COMPANY
- MITCHELL CITY OF LONDON EDUCATIONAL FOUNDATION
- CITY TO CITY UK
- EDHI INTERNATIONAL FOUNDATION UK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EDCITY OFFICE | £2.2m | — | 0 | above | — | no doubt |
| WHITE CITY THEATRE PROJECT CIO | £244k | — | 0 | unclear | — | no doubt |
| Open City | £1.1m | — | 0 | below | — | no doubt |
| ECKINGTON VILLAGE DEVELOPMENT COMPANY | £209k | — | 0 | unclear | — | no doubt |
| MITCHELL CITY OF LONDON EDUCATIONAL FOUNDATION | £117k | — | 0 | above | — | no doubt |
| CITY TO CITY UK | £377k | £70,001 - £80,000 | 1 | below | — | no doubt |