ELFT CHARITY
The Charity exists for any charitable purposes associated with the East London NHS Foundation Trust and associated community health services.
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £165,564, a significant decrease from the prior year's £1,352,632, while expenditure increased to £357,140. Consequently, unrestricted reserves fell to £1,099,965, which remains above the stated policy target of £200,000. The independent examiner confirmed that proper accounting records were kept and the accounts accorded with those records.
What the accounts disclose
“In 2024 donations of £1,352,632 were in relation to unrestricted funds.” — page 18
“During the year, recharges were paid to East London NHS Foundation, Trustee of £137,277 (2024: £52,333). There was £10,596 outstanding as at the year end included in creditors (2024: £9,000). During the year, charitable funding support was paid to Compass Wellbeing CIC, subsidiary of East London NHS Foundation Trust, of £203,689 (2024: £nil). There was £76,127 outstanding as at the year end included in creditors (2024: £nil). Richard Fradgley, corporate trustee, is also a director of Compass Wellbeing CIC. During the year donations of £75,000 were received (2024: £95,000). There were no other related party transactions (2024: none). Page 23 of 23” — page 23
“During the year, charitable funding support was paid to Compass Wellbeing CIC, subsidiary of East London NHS Foundation Trust, of £203,689 (2024: £nil).” — page 23
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- East London NHS Foundation Trust
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £166k | £357k |
| 31/03/2024 | £1.4m | £61k |
| 31/03/2023 | £1k | £7 |
Common questions
Is ELFT CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that total income for the year was £165,564, a significant decrease from the prior year's £1,352,632, while expenditure increased to £357,140. Consequently, unrestricted reserves fell to £1,099,965, which remains above the stated policy target of £200,000. The independent examiner confirmed that proper accounting records were kept and the accounts accorded with those records. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASSOCIATION OF NHS CHARITIES | 3 | £1.1m |
| AGE UK | 1 | £261k |
| COUNTY AIR AMBULANCE TRUST | 1 | £59k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £53k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £50k |
| THE CAMELIA BOTNAR FOUNDATION | 1 | £35k |
| ST ANDREW HOLBORN AND STAFFORD'S CHARITY | 1 | £30k |
| EAST END COMMUNITY FOUNDATION | 1 | £24k |
Charities like this
- EAST OF ENGLAND AMBULANCE SERVICE NHS TRUST CHARITABLE FUNDS
- AGE UK EAST LONDON
- Mid and South Essex NHS Foundation Trust Charity
- EAST END COMMUNITY FOUNDATION
- EAST KENT HOSPITALS CHARITY
- ELHT&ME
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ELFT CHARITY | £166k | — | 0 | unclear | — | no doubt |
| EAST OF ENGLAND AMBULANCE SERVICE NHS TRUST CHARITABLE FUNDS | £329k | — | 0 | unclear | — | no doubt |
| AGE UK EAST LONDON | £3.6m | — | 3 | above | — | no doubt |
| Mid and South Essex NHS Foundation Trust Charity | £1.5m | in excess of £60,000 | 2 | within | — | no doubt |
| EAST END COMMUNITY FOUNDATION | £2.9m | — | — | above | — | no doubt |
| EAST KENT HOSPITALS CHARITY | £515k | — | 0 | above | — | no doubt |