COIN STREET CENTRE TRUST
To advance any exclusively charitable purpose which the trustees think fit for the benefit of the public without distinction of sex or of political or religious or other opinions and with a particular focus on Waterloo and north Southwark.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a consolidated surplus of £29,160 for the year ended 31 March 2025, driven by large capital grants. However, the trustees note that general unrestricted reserves of £134,852 are below their stated policy target of two to three months of operational expenditure, representing only about one month of costs.
What the accounts disclose
“No employee earned more than £60,000 during the year (2024: nil).” — page 36
“In the 2025 accounts, the Charity’s general funds represent about one month of operational expenditure, which is below the Trustees’ target.” — page 18
“The Trust became the sole member of Colombo Street Community and Sports Centre (Colombo) on 7 December 2009. It continues to be responsible for determining the membership of the Colombo board and manages Colombo is its subsidiary.” — page 20
Leadership, per the charity’s website
- Iain Tuckett — Group Director
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Leonard Ian Goodrichchair
- Alice Holmes
- Ann Peppas
- Christopher Charles Symons
- Claire Reindorp
- Elizabeth Frimpong
- Fen Gee Weng Sung
- Jo-Anna van den Bosch
- PETER CRANSTON STEPHENS
- Patrick Wallace
- Theodore Michael Becchetti
- Yvonne Owusu-Afriyie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.2m |
| 31/03/2024 | £1.3m | £1.1m |
| 31/03/2023 | £328k | £371k |
| 31/03/2022 | £371k | £352k |
| 31/03/2021 | £247k | £307k |
Common questions
Is COIN STREET CENTRE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a consolidated surplus of £29,160 for the year ended 31 March 2025, driven by large capital grants. However, the trustees note that general unrestricted reserves of £134,852 are below their stated policy target of two to three months of operational expenditure, representing only about one month of costs. Its FY2025 accounts were audited by Sayer Vincent LLP.
What does the highest-paid employee of COIN STREET CENTRE TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds COIN STREET CENTRE TRUST?
Funders whose own accounts filings name COIN STREET CENTRE TRUST as a grant recipient include SOUTHBANK AND WATERLOO NEIGHBOURS, FORD BRITAIN TRUST, SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION, Newcomen Collett Educational Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SOUTHBANK AND WATERLOO NEIGHBOURS | FY2025 | £3k | |
| FORD BRITAIN TRUST | FY2022 | £3k | |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | FY2022 | £3k | |
| Newcomen Collett Educational Foundation | FY2025 | £2k | School Uniform Grant |
| Newcomen Collett Educational Foundation | FY2024 | £1k | Grant |
| Newcomen Collett Educational Foundation | FY2023 | £1k | School Uniform/General |
| SOUTHBANK AND WATERLOO NEIGHBOURS | FY2025 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 12/03/2025 | £11k | Feel Good Saturdays fitness & friendship for older adults |
| Sport England | 12/03/2025 | £11k | Feel Good Saturdays – fitness & friendship for older adults |
| Greater London Authority (GLA) | 11/04/2024 | £18k | Go! London Fund - Investing in Coin Street’s youth sports and fitness programmes |
| London Borough of Southwark | 31/03/2024 | £26k | Grant to Coin Street Centre |
| London Borough of Southwark | 31/03/2024 | £1k | Grant to Coin Street Centre Trust |
| London Borough of Southwark | 31/03/2024 | £7k | Grant to Coin Street Centre Trust |
| The National Lottery Community Fund | 21/03/2024 | £20k | Gentle Gardening – community gardening in SE1 |
| Sport England | 07/12/2023 | £10k | Feel Good Saturday - fitness and fun for older people in SE1 |
| London Borough of Southwark | 31/03/2023 | £900 | Grant to Coin Street Centre Trust |
| London Borough of Southwark | 31/03/2023 | £11k | Grant to Coin Street Centre Trust |
| London Borough of Southwark | 31/03/2023 | £30k | Grant to Coin Street Centre |
| UK government | 28/03/2023 | £30k | National Lottery Project Grants |
| The National Lottery Community Fund | 10/02/2023 | £10k | Gentle Gardening |
| London Borough of Southwark | 31/03/2022 | £3k | Grant to Coin Street Centre Trust |
| London Borough of Southwark | 31/03/2022 | £15k | Grant to Coin Street Centre Trust |
| The National Lottery Community Fund | 04/06/2021 | £9k | Art for Ages |
| London Borough of Southwark | 01/04/2020 | £15k | Grant to Coin Street Centre |
| The National Lottery Community Fund | 19/09/2019 | £10k | Over 50s Art, Wellbeing & Learning |
| London Borough of Southwark | 01/04/2019 | £14k | Grant to Coin Street Centre |
| The National Lottery Community Fund | 04/06/2018 | £8k | Over 50s ART |
| London Borough of Southwark | 01/04/2018 | £14k | Grant to Coin Street Centre |
| London Borough of Southwark | 01/04/2017 | £7k | Grant to Coin Street Centre |
| The National Lottery Community Fund | 21/05/2014 | £9k | Gorgeous Gardens Project |
| The National Lottery Heritage Fund | 25/10/2012 | £10k | "Heritage sights and sounds" |
| The National Lottery Community Fund | 03/05/2012 | £8k | Get Coin Street Reading |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE F GLENISTER WOODGER TRUST CIO | 1 | £25k |
| FAT FACE FOUNDATION | 1 | £10k |
| FRIARSGATE TRUST | 1 | £3k |
| MISS E F RATHBONE CHARITABLE TRUST | 1 | £3k |
| SIR HARRY PILKINGTON FUND | 1 | £3k |
Charities like this
- CITY PRAISE CENTRE CIO
- MA CENTRE UK
- CITYCOAST TRUST
- CENTRE CHURCH
- BRIDGE COMMUNITY CENTRE LIMITED
- COLLINGWOOD CENTRE LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| COIN STREET CENTRE TRUST | £1.2m | Under £60,000 | 0 | below | — | no doubt |
| CITY PRAISE CENTRE CIO | £763k | — | 0 | unclear | — | no doubt |
| MA CENTRE UK | £249k | — | 0 | unclear | — | no doubt |
| CITYCOAST TRUST | £467k | — | 0 | below | — | no doubt |
| CENTRE CHURCH | £145k | — | 0 | unclear | — | no doubt |
| BRIDGE COMMUNITY CENTRE LIMITED | £164k | — | 0 | below | — | no doubt |