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Cash

£521k

+35.9% vs 2024

Net assets

£471k

-4.8% lowest in 3 filed years

Employees

20

-23.1% lowest in 3 filed years

Profit before tax

-£24k

+90.2% vs 2024

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £3,166,144£2,855,207£2,318,277 -18.8%
Operating profit
Profit before tax -£240,425-£23,658 +90.2%
Net profit £174,684-£240,425-£23,658 +90.2%
Cash £918,482£383,574£521,368 +35.9%
Total assets less current liabilities £734,784£494,360£470,702 -4.8%
Net assets £734,784£494,359£470,701 -4.8%
Equity £734,784£494,359£470,701 -4.8%
Average employees 232620 -23.1%
Wages £987,686£1,120,669£905,125 -19.2%
Directors' remuneration £355,460£353,204

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Net margin 5.5%-8.4%-1.0%
Gearing (liabilities / total assets) 28.4%35.6%23.4%
Current ratio 3.53x2.81x4.28x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Sayer Vincent LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on The Mayor's Fund for London 's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

  1. THE MAYOR'S FUND FOR LONDON · parent
    1. MFFL Solutions Limited · England · non-primary purpose trading activities

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

10 active · 29 resigned

Name Role Appointed Born Nationality
MINTON, James Secretary 2025-06-17
BHAM, Azhar Mohammed Director 2024-09-24 Sep 1998 British
CREARY, Natalie Director 2023-09-21 Jan 1980 British
DALMAN, Mehmet Director 2017-09-26 Apr 1958 British
HALE, Megan Rebecca Director 2024-09-24 Jan 2000 British
HALPERN PRINCE, Jennifer Ann Director 2017-06-13 Oct 1968 British
LIVINGSTONE, Ian Malcolm Director 2013-02-14 May 1962 British
NELKEN, Rachel Dina Director 2024-09-24 Jul 1974 British
ROBERTS, Timothy Henry Raynes Director 2008-12-04 Feb 1967 British
SAVAGE, Aderonke Matilda, Dr Director 2023-09-21 Jun 1980 British
Show 29 resigned officers
Name Role Appointed Resigned
AGGARWAL, Pooja Secretary 2017-12-05 2025-06-17
ANDERSON, Monika Secretary 2012-07-11 2013-02-28
BARNES, John Terry Secretary 2013-05-21 2016-06-16
MARKS, Brian Jonathan Secretary 2016-06-16 2017-06-30
ROBINSON, Christopher Bernard Secretary 2009-09-23 2012-07-10
SHARPE, Sophie Secretary 2008-06-16 2008-10-31
BATURINA, Elena Director 2017-12-05 2019-09-25
BECKWITH, John Lionel, Sir Director 2008-06-19 2009-05-01
BOTIN SANZ SAUTUOLA O'SHEA, Ana Patricia Director 2012-10-29 2015-10-07
CHINN, Trevor Edwin, Sir Director 2008-06-16 2011-06-24
DIAMOND JR, Robert Edward Director 2009-06-25 2015-12-01
FINK, Stanley, Lord Director 2008-06-16 2017-06-13
GRANT, Melanie Director 2017-06-13 2021-10-07
KANI, Wasfi Director 2008-06-19 2011-11-23
KING-LEWIS, Lesley Alison Director 2008-06-16 2017-06-13
LIVINGSTONE, Natalie Director 2012-01-30 2013-02-12
MCGRATH, Harvey Andrew, Sir Director 2010-04-29 2019-03-21
MELLER, David Robert Director 2017-06-13 2018-01-24
MORGAN, Sally, Baroness Director 2009-01-20 2012-07-03
MUKHERJEE, Ian Director 2013-02-12 2016-02-02
O'BRIEN, Robert Stephen Director 2009-01-20 2017-12-05
PENDER, Sophie Director 2023-09-21 2025-12-08
PINGGERA, Michelle Helen Elizabeth Director 2011-11-28 2023-03-21
ROWE, Paulette Georgina Director 2008-12-04 2017-12-05
SHERWOOD, Michael Sidney Director 2009-09-02 2011-11-28
SWIDLER, Alisa Director 2015-03-10 2016-05-18
THOMAS, Clare Mary Director 2008-12-04 2010-05-25
VARMA, Manmohan Chander Director 2017-02-01 2019-03-21
WAHHAB, Iqbal, Mr. Director 2009-11-26 2013-11-25

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Tim Roberts Individual Significant influence 2016-04-06 Ceased 2017-06-06

Filing timeline

Last 20 of 121 total filings

Date Type Category Description
2026-07-13 AA accounts Accounts with accounts type group
2026-06-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-04-20 TM01 officers Termination director company with name termination date PDF
2025-07-14 AA accounts Accounts with accounts type group
2025-06-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-18 TM02 officers Termination secretary company with name termination date PDF
2025-06-18 AP03 officers Appoint person secretary company with name date PDF
2024-09-27 AP01 officers Appoint person director company with name date PDF
2024-09-27 AP01 officers Appoint person director company with name date PDF
2024-09-27 AP01 officers Appoint person director company with name date PDF
2024-06-28 AA accounts Accounts with accounts type group
2024-06-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-27 AP01 officers Appoint person director company with name date PDF
2023-09-26 AP01 officers Appoint person director company with name date PDF
2023-09-26 AP01 officers Appoint person director company with name date PDF
2023-07-17 AA accounts Accounts with accounts type group
2023-07-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-23 TM01 officers Termination director company with name termination date PDF
2022-07-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-07-08 AD02 address Change sail address company with old address new address PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page