SPONSORS FOR EDUCATIONAL OPPORTUNITY LIMITED

Charity number: 1097832
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Sponsors for Educational Opportunity (SEO) London is a not-for-profit organisation focused on improving access into the most competitive professions from under-represented ethnic minority backgrounds through a comprehensive training, mentoring and networking programme designed to improve their chances of securing graduate careers with the UK's most impressive graduate employers.

Income and expenditure

Data for financial year ending 31 August 2023

Total income:
£4,278,477

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Donations and legacies £4.20m
Charitable activities £0
Other trading activities £58.80k
Investments £22.92k
Other £0

Total expenditure:
£4,068,354

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Raising funds £151.55k
Charitable activities £3.92m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £151.55k
Charitable expenditure £3.92m
Retained for future use £210.12k

People

58 Employee(s)

10 Trustee(s)

2960 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 3
£80k to £90k 1
£120k to £130k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • People Of A Particular Ethnic Or Racial Origin
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Throughout London
  • France

Governance

Registration history:
  • 05 June 2003: Standard registration
Organisation type:
Charitable company
Other names:
  • SEO (Working name)
Company number:
04159512 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • 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
  • Volunteer management
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Andrew Amiel Fairbairn Chair 01 July 2022
None on record
Karen Chamberlain Trustee 25 March 2025
OVAL LEARNING CLUSTER
Received: On time
Kene Ejikeme Trustee 27 March 2024
None on record
Kokou Agbo Bloua Trustee 14 December 2023
None on record
Pamela Hutchinson Trustee 14 June 2023
None on record
Naveen Wadhera Trustee 04 January 2023
None on record
Devesh Pradeep Shah Trustee 17 February 2022
None on record
Mohit Kumar Agarwal Trustee 07 May 2014
None on record
AUSAF ABBAS Trustee
None on record
Zoe Jane Ashcroft Trustee
THE CLIMATE CHANGE ORGANISATION
Received: On time
BRITISH AMERICAN DRAMA ACADEMY
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Total gross income £1.23m £1.04m £2.92m £3.42m £4.28m
Total expenditure £989.40k £1.08m £1.48m £2.39m £4.07m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £1.11m £998.96k £2.70m £3.32m £4.20m
Income - Other trading activities £119.35k £44.80k £213.90k £100.30k £58.80k
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £217 £65 £54 £124 £22.92k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £974.69k £1.06m £1.45m £2.37m £3.92m
Expenditure - Raising funds £14.71k £19.14k £26.88k £21.99k £151.55k
Expenditure - Governance £7.99k £0 £0 £0 £0
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Own use assets £43.30k £29.22k £38.62k £51.76k £265.67k
Long-term investments £0 £0 £0 £0 £0
Other assets £693.51k £874.59k £2.56m £3.84m £4.09m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £133.71k £334.22k £589.19k £847.15k £1.10m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2023 17 May 2024 On Time
Accounts and TAR 31 August 2023 17 May 2024 On Time Download Open in new window
Annual return 31 August 2022 19 June 2023 On Time
Accounts and TAR 31 August 2022 19 June 2023 On Time Download Open in new window
Annual return 31 August 2021 28 June 2022 On Time
Accounts and TAR 31 August 2021 28 June 2022 On Time Download Open in new window
Annual return 31 August 2020 03 July 2021 3 days late
Accounts and TAR 31 August 2020 03 July 2021 3 days late Download Open in new window
Annual return 31 August 2019 11 February 2020 On Time
Accounts and TAR 31 August 2019 11 February 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED ON 13 FEBRUARY 2001 AS AMENDED BY SPECIAL RESOLUTIONS DATED 02 FEBRUARY 2003 AND 21 MARCH 2003

Charitable objects

THE CHARITY'S OBJECTS ARE: (A) TO PROMOTE THE ADVANCEMENT OF EDUCATION BY PROVIDING ADVICE, TRAINING, COACHING AND MENTORING TO STUDENTS AND YOUNG PERSONS IN THE UK OR ELSEWHERE WHO ARE EITHER FROM SUCH RACIAL GROUPS AS THE TRUSTEES MAY CONSIDER TO BE UNDER REPRESENTED IN ANY AREAS OF EDUCATION OR EMPLOYMENT OR IN ANY OTHER ACTIVITY, OR WHO ARE FROM SUCH OTHER GROUPS OR BACKGROUNDS AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE, IN ORDER TO ASSIST ANY SUCH PERSONS TO LEARN SKILLS AND QUALITIES SUCH AS SELF-MOTIVATION, EFFECTIVE COMMUNICATION, LEADERSHIP AND OTHER VOCATIONAL, PERSONAL, SOCIAL OR PASTORAL SKILLS, WITH A VIEW TO ALL OR ANY OF THE FOLLOWING: (I) ENCOURAGING THEM IN PURSUIT OF ACADEMIC ACHIEVEMENT; (II) GUIDING THEM AND ASSISTING HEM CONCERNING THE EXPLORATION AND EXPLOITATION OF OPPORTUNITIES FOR EDUCATION AND EMPLOYMENT; (III) ASSISTING THEM TO DEVELOP THEIR POTENTIAL AND IMPROVE THEIR CHANCES OF ENTERING AND PROGRESSING IN CAREERS IN WHICH MEMBERS OF THEIR RACIAL GROUP ARE UNREPRESENTED IN THE UK OR ELSEWHERE; (IV) INSTIGATING CAREER AND WORK EXPERIENCE INITIATIVES WITH SPECIFIC COMPANIES, INSTITUTIONS OR OTHER ORGANISATIONS IN ONE OR MORE OF THE FOLLOWING SECTORS OR PROFESSIONS: THE ARTS, FINANCE, BANKING, INVESTMENT BANKING, COMMERCE, LAW, ACCOUNTANCY, TECHNOLOGY, MEDIA, PHILANTHROPY, CONSULTANCY AND OTHER SUCH SECTORS OR PROFESSIONS AS THE TRUSTEES MAY, FROM TIME TO TIME, IN THEIR DISCRETION DETERMINE; (V) ENCOURAGING AND ENABLING THEM TO TAKE PART IN VOLUNTARY AND/OR COMMUNITY SERVICE ACTIVITIES. (B) TO PROMOTE THE RELIEF OF UNEMPLOYMENT OF PEOPLE FROM CERTAIN RACIAL GROUPS THAT ARE UNDER-REPRESENTED IN THE WORKFORCE IN THE UK BY PROVIDING ADVICE, TRAINING, COACHING, MENTORING AND ENCOURAGEMENT TO APPLY FOR JOBS IN CAREER AREAS IN WHICH THEY HAVE BEEN TRADITIONALLY UNDER-REPRESENTED.

Area of benefit

The area the charity can operate in, as set out in its governing document.

UK OR ELSEWHERE

Contact information

Address:
41 Great Guilford Street
London
SE1 0ES
Phone:
02074000403
Email:
abigail.moss@seo-london.org
Website:

seo-london.org