NATIONAL EDUCATION OPPORTUNITIES NETWORK
NEON promotes routes into, and success in, higher education by supporting organisations to work with all learners, especially those from under-represented groups and identifying, and researching, barriers to higher education and sharing potential solutions.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a financial surplus of £15,071 for the year, with total expenditure of £219,286. The trustees report that reserves remain strong at £95,000, which is in line with their agreed policy target of six months' running costs plus additional funds for planned expenditure.
What the accounts disclose
“The trustee’s policy is to build up unreserved funds that amount to six month’s running costs, which amounts to £70,000 to allow for adverse economic conditions and other potential threats, safeguarding NEON’s long-term future as well as a further £25k for planned expenditure in the next year and a payment to University of West London for staff costs of £43,.371.03 relating to 2024/25.” — page 4
“this was due to a payment of £66,500 made to the University of West London for hosting costs from previous years. We were pleased to finally sign an agreement with the University of West London who act as our hosts. UWL act as employers for our staff.” — page 4
“a further £25k for planned expenditure in the next year and a payment to University of West London for staff costs of £43,.371.03 relating to 2024/25.”
“this was due to a payment of £66,500 made to the University of West London for hosting costs from previous years. We were pleased to finally sign an agreement with the University of West London who act as our hosts. UWL act as employers for our staff.” — page 4
“a further £25k for planned expenditure in the next year and a payment to University of West London for staff costs of £43,.371.03 relating to 2024/25.”
Trustees
- Professor Sir Les Ebdonchair
- Alex Holland-Leavens
- Chloe Riley
- Danielle Mannion
- Hannah Merry
- Jenny Shaw
- Karen Lipsedge
- Naomi Clements
- Nick Braisb
- Professor Peter John
- Stacey Mottershaw
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £234k | £284k |
| 31/07/2024 | £187k | £100k |
| 31/07/2023 | £247k | £214k |
Common questions
Is NATIONAL EDUCATION OPPORTUNITIES NETWORK financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a financial surplus of £15,071 for the year, with total expenditure of £219,286. The trustees report that reserves remain strong at £95,000, which is in line with their agreed policy target of six months' running costs plus additional funds for planned expenditure. Its FY2025 accounts were independently examined.