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

FIRST RUNG LTD

Registered charity 800614 · accounts filings on the Charity Commission register · also known as FIRST RUNG (1987) LTD

Get email alerts for this charity

Latest income
£2.3m
Latest spending
£2.1m
Registered
1989
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a surplus of £135,596 for the year ended 31 July 2025, with total incoming resources of £2,272,722 against total expenditure of £2,137,126. Free reserves stood at £510,421, which the trustees confirmed represents three months of average operating costs, meeting their stated policy target. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: three months of operating costs (held: £510k)
“the Trustees have determined that, in the short term, free reserves (defined as net current assets) should be maintained at a minimum level of three months of operating costs” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sproull & Co.. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£2.3m
Total spending
£2.1m
Reserves (reported)
£608k
Employees
37

Reported reserves equal ~3.4 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Barnet · Brent · Ealing · Enfield · Hackney · Haringey · Harrow · Waltham Forest

Income and spending

Financial year endIncomeSpending
31/07/2025£2.3m£2.1m
31/07/2024£2.0m£1.8m
31/07/2023£1.7m£1.6m
31/07/2022£1.4m£1.6m
31/07/2021£1.4m£1.6m

Common questions

Is FIRST RUNG LTD financially healthy?

The accounts state that the charity achieved a surplus of £135,596 for the year ended 31 July 2025, with total incoming resources of £2,272,722 against total expenditure of £2,137,126. Free reserves stood at £510,421, which the trustees confirmed represents three months of average operating costs, meeting their stated policy target. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Sproull & Co..

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
FROM BABIES WITH LOVE FOUNDATION1—
THE APAX FOUNDATION1£443k
THE MELOW CHARITABLE TRUST1£284k
GILMOOR BENEVOLENT FUND LIMITED1£184k
THE MARK ANTHONY TRUST1£175k
UNITED TALMUDICAL ASSOCIATES LTD1£171k
PARKWILL LIMITED1£153k
THE ALLEN OVERY SHEARMAN STERLING FOUNDATION1£146k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with LEAGUE FOOTBALL EDUCATION.