NEW LONDON EDUCATIONAL TRUST

Charity number: 1142105
Charity reporting is up to date (165 days late)

Charity overview

Activities - how the charity spends its money

Education & Associated Services

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£1,186,839

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Donations and legacies £0
Charitable activities £1.17m
Other trading activities £0
Investments £0
Other £15.71k

Total expenditure:
£1,181,807

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Raising funds £0
Charitable activities £1.18m
Other £0

£0 investments gains (losses)

Total income includes £902,035 from 3 government contract(s)

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.

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Raising funds and other expenditure £0
Charitable expenditure £1.18m
Retained for future use £5.03k

People

26 Employee(s)

3 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

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:
  • Education/training
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Hounslow
  • Redbridge

Governance

Registration history:
  • 25 May 2011: Standard registration
Organisation type:
Charitable company
Other names:
  • BK EDUCATIONAL TRUST (Previous name)
Company number:
06922966 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
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
  • 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
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

3 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Emmanuel Mensah Afotey Chair 27 October 2020
None on record
Venkatesham Neela Trustee 27 October 2020
TELUGU ASSOCIATION OF LONDON
Received: On time
Sujani Reddy Baddam Trustee 10 June 2020
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £2.27m £2.54m £1.88m £2.11m £1.19m
Total expenditure £2.35m £2.50m £2.16m £2.10m £1.18m
Income from government contracts £2.15m £2.37m £1.37m £1.31m £902.04k
Income from government grants N/A N/A £17.36k N/A N/A
Income - Donations and legacies £2.15m £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £2.37m £1.82m £2.09m £1.17m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £0
Income - Other £124.14k £170.01k £56.45k £23.88k £15.71k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.29m £1.38m £2.16m £2.10m £1.18m
Expenditure - Raising funds £1.06m £1.12m £0 £0 £0
Expenditure - Governance £13.02k £0 £0 £10.54k £10.43k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £821 £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 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £59.36k £46.38k £41.98k £115.55k £102.18k
Long-term investments £0 £0 £0 £0 £0
Other assets £653.22k £778.73k £335.12k £500.06k £411.17k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £220.62k £294.45k £70.23k £290.22k £182.93k

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 December 2023 14 April 2025 165 days late
Accounts and TAR 31 December 2023 14 April 2025 165 days late Download Open in new window
Annual return 31 December 2022 05 February 2024 97 days late
Accounts and TAR 31 December 2022 05 February 2024 97 days late Download Open in new window
Annual return 31 December 2021 31 October 2022 On time
Accounts and TAR 31 December 2021 31 October 2022 On time Download Open in new window
Annual return 31 December 2020 30 September 2021 On time
Accounts and TAR 31 December 2020 30 September 2021 On time Download Open in new window
Annual return 31 December 2019 06 October 2020 On time
Accounts and TAR 31 December 2019

(These accounts
have been qualified)

06 October 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 INCORPORATED 01/04/2011 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 19/05/2011 AS REGISTERED AT COMPANIES HOUSE ON 23/05/2011 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 14/06/2011 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 07/08/2012

Charitable objects

1. TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE UNITED KINGDOM AND ELSEWHERE IN PARTICULAR BUT NOT EXCLUSIVELY BY THE PROVISION OF FOUNDATION PROGRAMMES AND WORKSHOPS, ADVICE AND INFORMATION ON EDUCATIONAL OPPORTUNITIES AVAILABLE IN THE UNITED KINGDOM AND BY DEVELOPING, ENCOURAGING AND SUPPORTING LEARNING PARTNERSHIPS BETWEEN EDUCATIONAL ORGANISATIONS, BUSINESSES AND THE VOLUNTARY SECTOR. 2. TO ADVANCE EDUCATION AND TRAINING, BY THE PROVISION AND CONDUCT OF AN INDEPENDENT SCHOOL OR SCHOOLS AND, INSOFAR AS IT IS INCIDENTAL OR ANCILLARY TO THE ADVANCEMENT OF EDUCATION OF CHILDREN IN THE UNITED KINGDOM AND ELSEWHERE, TO CARRY OUT SUCH ACTIVITIES, INCLUDING THE PROVISION OF APPROPRIATE FACILITIES FOR EDUCATION. 3. TO FURTHER SUCH OTHER CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.

Contact information

Address:
Sceptre House
75-81 Staines Road
Hounslow
TW3 3HW
Phone:
02085707766
Email:
admin@nletrust.org
Website:

www.neltrust.org Open in new window