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BRENT CO-EFFICIENT LIMITED

Registered charity 1205045 · accounts filings on the Charity Commission register

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Latest income
£12.3m
Latest spending
£11.3m
Registered
2023
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income of £3.1m for the year ended 31 March 2025, driven largely by fair value movements in derivative financial instruments. Per the trustees' report, free reserves (working capital) increased to £7.7m, which the trustees consider appropriate to meet working capital arrangements. The charity maintains a going concern status, with no material uncertainties identified by the auditors regarding its ability to continue operations.

What the accounts disclose

Reserves policy: in line with the expectations of the Financial Model with no separate amount of reserves specified (held: £7.7m)
“Reserves are maintained in line with the expectations of the Financial Model with no separate amount of reserves specified to be separately maintained or deemed to be restricted or designated.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by BDO LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£12.3m
Total spending
£11.3m
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Brent

Income and spending

Financial year endIncomeSpending
31/03/2025£12.3m£11.3m

Common questions

Is BRENT CO-EFFICIENT LIMITED financially healthy?

The accounts state that the charity reported a net income of £3.1m for the year ended 31 March 2025, driven largely by fair value movements in derivative financial instruments. Per the trustees' report, free reserves (working capital) increased to £7.7m, which the trustees consider appropriate to meet working capital arrangements. The charity maintains a going concern status, with no material uncertainties identified by the auditors regarding its ability to continue operations. Its FY2025 accounts were audited by BDO LLP.