Prospects (Kensington) Ltd

Analysis

Prospects (Kensington) Ltd is a registered charity in England and Wales, based in London. It was registered in April 1994, 32 years ago. Its declared purposes cover education/training, the prevention or relief of poverty and economic/community development/employment, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 02665204). It says it provides services and provides advocacy/advice/information.

In the financial year ending March 2025, Prospects (Kensington) Ltd reported income of £33k and spending of £13k, leaving 60% of income unspent that year. Across the 5 years on record, from March 2021 to March 2025, income fell from £75k to £33k (-56%), an average of -18% a year. The sharpest change came in the year to March 2025, when income rose by 159%. Over the whole period it spent 88% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Prospects (Kensington) Ltd sits at the 50th percentile: it is larger than about 50% of them. Against every charity in England and Wales with reported income it ranks in the 54th percentile. Charities of a similar size with the same main cause include Kermaville Limited (£33k), The Living Hope Church - Hope Valley (£33k) and The Parochial Church Council of the Ecclesiastical Parish of St James the Great Congleton (£33k).