LONDON QUAKERS PROPERTY TRUST

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Sayer Vincent LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The trustees consider that the charity is a going concern and the financial statements should be drawn up on that basis.”

Significant events

• “2024 was a successful year in catching up on maintenance of Quaker meeting houses across London and rebuilding hirings and income following the pandemic.”
• “Rising costs in the building industry made maintaining so many aging buildings challenging.”
• “Trustees have worked throughout the year - in consultation with the area meetings in London - to draw up a strategy for Better Homes for Quaker Meetings in London over the next few years.”
• “Now that the Area Meetings across London have decided to merge, it will be easier in future to discern together how to ensure long term viability, improve accessibility and carbon usage, in order to provide suitable places of worship - some owned and some hired - to help Quakerism in London flourish.”
• “Maintenance was much improved by having a part-time surveyor on the staff team for the full year.”
• “Peter Daniels who completed six years as a trustee - including serving as clerk of our Nominations Committee and on the Governance Committee - at the end of 2024.”
• “2024 was an exceptionally busy year for our team. The staff team not only tackled the backlog from 2023 but delivered most of the scheduled work for 2024 and dealt with an increased level of emergency work.”
• “In 2024, there was volatility in the building industry. The cost of building work increased sharply affecting the prices quoted by all kinds of contractors.”
• “The weather in 2024 posed additional challenges. Heavy rain and wind caused many trees in Meeting House (MH) gardens to fall.”
• “LQPT's future direction is impacted by work currently being undertaken to bring together the 9 separate charities (seven Area Meetings, LQPT and London Quakers) which currently cover Quakers in London, into a single charity. The merger was agreed in February 2025.”
• “An offer was made in 2024 for the former Meeting House at Purley for £550,000. There has been a delay in exchanging the contract. We expect this sale will be completed in July/Aug 2025. There is also a good chance that this may fall through.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +5.8%

  £1,356,183 → £1,434,399

• Cash

  -34.1%

  £3,516,403 → £2,316,576

• Net assets

  -0.4%

  £38,842,517 → £38,678,562

• Employees

  0%

  4 → 4

• Operating profit

  -226.3%

  £237,007 → -£299,272

• Profit before tax

  +64.7%

  -£464,417 → -£163,954

• Wages

  +10.8%

  £157,920 → £175,032

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers