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.
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
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 |
| London Homelessness Foundation | FY2025 | £29k | Grant provided |
| London Homelessness Foundation | FY2024 | £28k | |
| CASTLE HILL BAPTIST CHURCH WARWICK | FY2022 | £3k | Restricted Fund Payment |