LONDON SCRAP PROJECT LIMITED
We advance the education of recycle and re-use of commercial and industrial waste via our membership with schools,nurseries,community groups etc., and have a community re-paint scheme for members and other groups when we access funding.As funding allows,we hold competitions and workshops also,and look to move forward towards sustainability across the board.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £12,251 for the year ended 31 March 2025, resulting in unrestricted funds falling to a deficit of £84,349. Per the balance sheet, the charity holds £501,000 in restricted funds but has net current liabilities of £22,541. The filing notes that the company is entitled to exemption from audit under the small companies regime.
What the accounts disclose
“There were no related party transactions for the year ended 31 March 2025” — page 10
Property (HM Land Registry)
Trustees
- ELIZABETH Britton
- Ian Jackson-Reeves
- Morris Bennett
- SONIA SMITH
- Sally Emma Turner
- Vanessa Jackson-Reeves
- Vanessa Joseph
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £78k | £90k |
| 31/03/2024 | £79k | £84k |
| 31/03/2023 | £79k | £85k |
| 31/03/2022 | £71k | £88k |
| 31/03/2021 | £56k | £88k |
Common questions
Is LONDON SCRAP PROJECT LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £12,251 for the year ended 31 March 2025, resulting in unrestricted funds falling to a deficit of £84,349. Per the balance sheet, the charity holds £501,000 in restricted funds but has net current liabilities of £22,541. The filing notes that the company is entitled to exemption from audit under the small companies regime.