Charity Accounts Intelreading the accounts so you don’t have to

LOCALMOTION ENFIELD

Registered charity 1211342 · accounts filings on the Charity Commission register

Latest income
£983k
Latest spending
£443k
Registered
2024
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that the charity held £540,044 in unrestricted reserves at the end of the period, which is above its stated policy target of £25,000. The trustees confirm the charity remains in a strong financial position with a surplus, supported by confirmed funding until December 2031.

What the accounts disclose

Reserves policy: six months of core operating costs (held: £540k)
“The minimum amount of reserves to be held by the policy is £25,000.”
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: Grant paid to MIND (Enfield and Barnet) where CEO Alex Tambourides is also CEO but did not vote.
“During the financial period £51,615 grant was paid to MIND (Enfield and Barnet) to carry out the LX Project. Alex Tambourides is the CEO of MIND (Enfield and Barnet), however, he did not participate in the vote to award the grant.” — page 25
“The Co-ordinator is paid as a consultant through a company called Katsu & Paul Limited, of whom he is also a director. The total amount paid to the Co-ordinator during the financial period was £71,231 and expenses of £9,986.”
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: Co-ordinator paid via Katsu & Paul Limited.
“During the financial period £51,615 grant was paid to MIND (Enfield and Barnet) to carry out the LX Project. Alex Tambourides is the CEO of MIND (Enfield and Barnet), however, he did not participate in the vote to award the grant.” — page 25
“The Co-ordinator is paid as a consultant through a company called Katsu & Paul Limited, of whom he is also a director. The total amount paid to the Co-ordinator during the financial period was £71,231 and expenses of £9,986.”
Per its FY2026 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Structured financials (annual return, FY ending 31/03/2026)

Total income
£983k
Total spending
£443k
Reserves (reported)
£538k
Employees
1

Reported reserves equal ~14.6 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Enfield

Income and spending

Financial year endIncomeSpending
31/03/2026£983k£443k

Common questions

Is LOCALMOTION ENFIELD financially healthy?

The accounts state that the charity held £540,044 in unrestricted reserves at the end of the period, which is above its stated policy target of £25,000. The trustees confirm the charity remains in a strong financial position with a surplus, supported by confirmed funding until December 2031. Its FY2026 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE JD FOUNDATION1£561k
THIRTY PERCY FOUNDATION1£220k
THE AMATEURS TRUST1£90k
GOWER STREET1£24k
THE A TEAM FOUNDATION LIMITED1£20k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE OLD ENFIELD CHARITABLE TRUST.