PHILADELPHIA ASSOCIATION LIMITED
See attached accounts
Objects
1. TO RELIEVE MENTAL ILLNESS OF ALL DESCRIPTIONS AND IN PARTICULAR SCHIZOPHRENIA. 2. TO PROVIDE OR FURTHER THE PROVISION OF RESIDENTIAL ACCOMMODATION FOR PERSONS SUFFERING OR WHO HAVE SUFFERED FROM MENTAL ILLNESS AND WHO ARE IN NEED OF CARE AND ATTENTION OR OF SUCH ACCOMMODATION BY WAY OF TREATMENT. (FOR FURTHER DETAILS SEE MEMORANDUM AND ARTICLES OF ASSOCIATION).
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net deficit of £28,821 for the year ended 31 March 2025, compared to a surplus in the previous year. Per the trustees' report, the total unrestricted reserves stood at £378,063, which is significantly above the stated policy target of approximately £105,000. The trustees noted that their accountants advised spending more as current reserves are considered too high.
What the accounts disclose
“The Association has a major maintenance fund and a general fund. The level of the general fund has been set at six months' costs, which at the current level of expenditure is about £105,000, general reserves amounted to £278,156 at 31 March 2025.” — page 8
“The level of the general fund has been set at six months' costs, which at the current level of expenditure is about £105,000” — page 8
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Trustees
- Caroline Cole
- Joachim Richter
- MARK ELMER
- Morag Cleland
- Nicholas John Mercer
- STEVEN DAVID BLUESTONE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £221k | £249k |
| 31/03/2024 | £226k | £220k |
| 31/03/2023 | £193k | £196k |
| 31/03/2022 | £156k | £214k |
| 31/03/2021 | £152k | £156k |
Common questions
Is PHILADELPHIA ASSOCIATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net deficit of £28,821 for the year ended 31 March 2025, compared to a surplus in the previous year. Per the trustees' report, the total unrestricted reserves stood at £378,063, which is significantly above the stated policy target of approximately £105,000. The trustees noted that their accountants advised spending more as current reserves are considered too high. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 12/03/2021 | £9k | Building Communities |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 1 | £5.1m |
| THE BROOMTON FOUNDATION | 1 | £500k |
Charities like this
- Notting Hill and Harlesden Methodist Circuit
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WALCOT, BATH
- UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED
- LONDON BUSINESS SCHOOL STUDENT ASSOCIATION
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BATH ST. BARTHOLOMEW
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL WARWICK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PHILADELPHIA ASSOCIATION LIMITED | £221k | — | 0 | above | 278156.0% | no doubt |
| Notting Hill and Harlesden Methodist Circuit | £200k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WALCOT, BATH | £356k | — | 0 | unclear | — | no doubt |
| UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED | £7.6m | — | 0 | unclear | — | no doubt |
| LONDON BUSINESS SCHOOL STUDENT ASSOCIATION | £2.5m | — | 0 | within | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BATH ST. BARTHOLOMEW | £449k | — | 0 | below | — | no doubt |