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THE FERN STREET SETTLEMENT

Registered charity 250500 · accounts filings on the Charity Commission register

The object of the charity is to provide for the material and moral needs of persons resident in Fern Street and its neighbourhood, especially in conditions of need, hardship, or distress. The Settlement has a modern building currently used as a part of a joint project with All Hallows Bow Church.

Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£41k
Latest spending
£44k
Registered
1967
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves decreased to £12,353, which is below the trustees' stated non-discretionary annual budget of £15,000. The charity reports a net deficit for the year, with total expenditure exceeding total income, resulting in a reduction of cash held. The trustees note that projected investment income may not cover non-discretionary expenses, requiring the sale of investment units to cover any shortfall.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Sale of investments (61% of income)
“Income included £25,000 received from sale of investments.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: about £15,000 per annum (held: £12k)
“In governing the charity, the non-discretionary expenditure incurred by the trustees is budgeted to be about £15,000 per annum.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: No payments were made to trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.
“No payments were made to trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Essex · Tower Hamlets

Income and spending

Financial year endIncomeSpending
30/09/2025£41k£44k
30/09/2024£16k£23k
30/09/2023£27k£24k
30/09/2022£24k£24k
30/09/2021£15k£23k

Common questions

Is THE FERN STREET SETTLEMENT financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves decreased to £12,353, which is below the trustees' stated non-discretionary annual budget of £15,000. The charity reports a net deficit for the year, with total expenditure exceeding total income, resulting in a reduction of cash held. The trustees note that projected investment income may not cover non-discretionary expenses, requiring the sale of investment units to cover any shortfall. Its FY2025 accounts were independently examined.