BOOST UP
Our objectives are to support young homeless Londoners to access housing, using capital to pay the deposit, rent in advance, top up fees and to act as a nonprofit guarantor.
Objects
THE RELIEF OF POVERTY THROUGHOUT ENGLAND AND WALES THROUGH THE PROVISION OF GRANTS TO INDIVIDUALS IN NEED, PRIMARILY (BUT NOT EXCLUSIVELY) TO ASSIST IN COVERING THE COSTS OF ACCOMMODATION, BASIC LIVING NECESSITIES AND ACTIVITIES DESIGNED TO ENABLE INDIVIDUALS TO GENERATE A SUSTAINABLE INCOME AND BE SELFSUFFICIENT.
Financial health, per its FY2025 accounts
The accounts state that Boost Up reported a deficit of £13,589 for the year ended 30 June 2025, resulting in a decrease in total funds from £64,622 to £51,033. The trustees confirmed that no material uncertainties exist regarding the charity's ability to continue as a going concern. The organization is currently run by volunteers with no staff or property, and its future reserves policy is yet to be developed.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/06/2025
- Volunteers: 1
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2024
- Volunteers: 1
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2023
- Volunteers: 1
Trustees
- Andrew Boakes A.B
- Binal Varsani B.V
- Safiya Rehman S.R
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £34k | £48k |
| 30/06/2024 | £65k | £41k |
| 30/06/2023 | £28k | £27k |
| 30/06/2022 | £3k | £0 |
Common questions
Is BOOST UP financially healthy?
Per its FY2025 accounts: The accounts state that Boost Up reported a deficit of £13,589 for the year ended 30 June 2025, resulting in a decrease in total funds from £64,622 to £51,033. The trustees confirmed that no material uncertainties exist regarding the charity's ability to continue as a going concern. The organization is currently run by volunteers with no staff or property, and its future reserves policy is yet to be developed. Its FY2025 accounts were independently examined.
Who funds BOOST UP?
Funders whose own accounts filings name BOOST UP as a grant recipient include LANDAID CHARITABLE TRUST LIMITED, London Homelessness Foundation, CASTLE HILL BAPTIST CHURCH WARWICK.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| LANDAID CHARITABLE TRUST LIMITED | FY2024 | £40k | Grants payable to Institutions |
| LANDAID CHARITABLE TRUST LIMITED | FY2026 | £38k | Grants payable to Institutions |
| London Homelessness Foundation | FY2025 | £29k | Grant provided |
| London Homelessness Foundation | FY2024 | £28k | |
| London Homelessness Foundation | FY2026 | £3k | Agency Support |
| CASTLE HILL BAPTIST CHURCH WARWICK | FY2022 | £3k | Restricted Fund Payment |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HOBSON CHARITY LIMITED | 2 | £8k |
| GARFIELD WESTON FOUNDATION | 1 | £200k |
| THE OVO CHARITABLE FOUNDATION | 1 | £112k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £77k |
| THE GLOBAL FUND FOR CHILDREN UK TRUST | 1 | £62k |
| JOHN LAING CHARITABLE TRUST | 1 | £50k |
| DEPTFORD CHALLENGE TRUST LIMITED | 1 | £30k |
| John Lewis Partnership Foundation | 1 | £29k |
Charities like this
- BUILD UP FOUNDATION
- POWER UP
- ROUNDABOUT LIMITED
- HELPING EDUCATING AND REBUILDING LIVES
- Aim Up
- REACH UP YOUTH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BOOST UP | £34k | — | 0 | unclear | — | no doubt |
| BUILD UP FOUNDATION | £366k | — | 0 | unclear | — | no doubt |
| POWER UP | £57k | — | 0 | above | — | no doubt |
| ROUNDABOUT LIMITED | £9.4m | — | — | below | — | no doubt |
| HELPING EDUCATING AND REBUILDING LIVES | £78k | — | 0 | unclear | — | no doubt |
| Aim Up | £2.3m | £60,001 - £70,000 | 1 | unclear | — | no doubt |