LONDON CHAMBER OF COMMERCE AND INDUSTRY COMMERCIAL EDUCATION TRUST
PROMOTION,ADVANCEMENT AND ENCOURAGEMENT OF COMMERCIAL EDUCATION FOR THE BENEFIT OF THE PUBLIC IN THE UNITED KINGDOM
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £7,867,853, which significantly exceeds its stated minimum reserves requirement of £190,000. The trustees consider these reserves sufficient for continuing activities, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Under a service agreement with the Trust, which is reviewed regularly, the Chamber charged the Trust £16,999 (£17,671 including the Trust’s membership subscription) (2024 - £16,700 (£17,341 including the Trust’s membership subscription)) during the year for the provision of its services relating to accounting and administration, rent, room hire and registered office.” — page 32
“A donation of £31,286 was received by DOS & Co., raised through a crowdfunding initiative led by Darragh O’Sullivan, Chair of the CET Trust Board, who is also a Director at DOS & Co.” — page 32
“Under a service agreement with the Trust, which is reviewed regularly, the Chamber charged the Trust £16,999 (£17,671 including the Trust’s membership subscription) (2024 - £16,700 (£17,341 including the Trust’s membership subscription)) during the year for the provision of its services relating to accounting and administration, rent, room hire and registered office.” — page 32
“A donation of £31,286 was received by DOS & Co., raised through a crowdfunding initiative led by Darragh O’Sullivan, Chair of the CET Trust Board, who is also a Director at DOS & Co.” — page 32
Property (HM Land Registry)
Trustees
- Anne O'Hagan
- Daniel Michael Cleveland
- Darragh O'Sullivan
- Jonathan Fingerhut
- Nigel Charles Standing
- Richard James Douglas Moir
- Susanna Elizabeth Horn Kalitowski
- nicholas rupert martel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £246k | £330k |
| 30/09/2024 | £210k | £309k |
| 30/09/2023 | £179k | £230k |
| 30/09/2022 | £147k | £193k |
| 30/09/2021 | £165k | £328k |
Common questions
Is LONDON CHAMBER OF COMMERCE AND INDUSTRY COMMERCIAL EDUCATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £7,867,853, which significantly exceeds its stated minimum reserves requirement of £190,000. The trustees consider these reserves sufficient for continuing activities, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by AC Mole LLP.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LONDON CHAMBER OF COMMERCE AND INDUSTRY COMMERCIAL EDUCATION TRUST | £246k | — | 0 | unclear | — | no doubt |
| ORDER OF THE COMPANY OF MARY OUR LADY CIO | £424k | — | 0 | unclear | — | no doubt |
| POSSUK LIMITED | £156k | — | 0 | below | — | no doubt |
| CAREDUCATION TRUST LTD | £133k | — | 0 | unclear | — | no doubt |
| HA MEEM FOUNDATION | £496k | — | 0 | below | — | no doubt |
| LONDON INTERNATIONAL MODEL UNITED NATIONS FOUNDATION | £102k | — | 0 | unclear | — | no doubt |