SOUTHBANK AND WATERLOO NEIGHBOURS
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of negative £41,971 for the year ended 31 March 2025, resulting in total funds carried forward of £41,101. Per the trustees' report, unrestricted reserves stood at £4,353, which the trustees consider appropriate for the charity's current level of activity and within their policy target of one to three months of core operating costs.
What the accounts disclose
“At 31 March 2025, unrestricted reserves stood at £4,353, which the trustees consider appropriate for the charity's current level of activity.”
Trustees
- Bushra Iqbal
- Carmelita Lee
- DAVID WILLIAM RICHARD CLARSON
- Elizabeth Lung
- Maximilian Weiner
- Michael Van William Johnson
- Rev GILES WILLIAM GODDARD
- Suat Binkaya
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £137k | £179k |
| 31/03/2024 | £67k | £8k |
| 31/03/2023 | £14k | £5k |
| 31/03/2022 | £3k | £2k |
| 31/03/2021 | £16k | £1k |
Common questions
Is SOUTHBANK AND WATERLOO NEIGHBOURS financially healthy?
The accounts state that the charity reported a net movement in funds of negative £41,971 for the year ended 31 March 2025, resulting in total funds carried forward of £41,101. Per the trustees' report, unrestricted reserves stood at £4,353, which the trustees consider appropriate for the charity's current level of activity and within their policy target of one to three months of core operating costs. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GUY'S AND ST THOMAS' FOUNDATION | 1 | £254k |
| CHARTERHOUSE-IN-SOUTHWARK | 1 | £9k |
| THE ALAN AND BABETTE SAINSBURY CHARITABLE FUND | 1 | £5k |
| SOUTHWARK CHARITIES | 1 | £5k |
| THE GARTH DOUBLEDAY TRUST | 1 | £2k |