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
Objects
TO PROMOTE, ADVANCE AND ENCOURAGE COMMERCIAL EDUCATION FOR THE BENEFIT OF THE PUBLIC.
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
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/09/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/09/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/09/2023
- Grant-making is its main activity
Corporate structure
- Registered company of the charity Companies House 02419257
Company officers (Companies House)
- MOIR, Richard James Douglas on trustee list
- KALITOWSKI, Susanna Elizabeth Horn on trustee list
- CLEVELAND, Daniel Michael on trustee list
- STANDING, Nigel Charles on trustee list
- FINGERHUT, Jonathan Leigh on trustee list
- O'HAGAN, Anne on trustee list
- O'SULLIVAN, Darragh Adrian on trustee list
- MIRZA, Sadia
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FRIENDS PROVIDENT CHARITABLE FOUNDATION | 1 | £630k |
| THE BARROW CADBURY TRUST | 1 | £204k |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 1 | £180k |
| JOHN ELLERMAN FOUNDATION | 1 | £105k |
| THE DOOUSS CHARITABLE TRUST | 1 | £100k |
| JOSEPH ROWNTREE FOUNDATION | 1 | £95k |
| THE ROZAC CHARITABLE TRUST | 1 | £12k |
Charities like this
- EASTBROOK EDUCATION TRUST
- COMBE BANK EDUCATIONAL TRUST
- People's Economy
- M O CHARITABLE TRUST
- COKETHORPE EDUCATIONAL TRUST LIMITED
- THE LUJENNA EDUCATIONAL TRUST
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 |
| EASTBROOK EDUCATION TRUST | £2.0m | — | 0 | unclear | — | no doubt |
| COMBE BANK EDUCATIONAL TRUST | £59k | — | 0 | unclear | — | no doubt |
| People's Economy | £563k | — | 0 | unclear | — | no doubt |
| M O CHARITABLE TRUST | £146k | — | 0 | within | — | no doubt |
| COKETHORPE EDUCATIONAL TRUST LIMITED | £13.4m | — | — | above | — | no doubt |