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Companies/00015993

London Chamber Of Commerce And Industry (The)

Activities of business and employers membership organizations

ActiveUnited KingdomIncorporated 1881Private, Limited by guarantee, no share capital, use of 'Limited' exemption
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Financial position

Accounts to 2025-12-31 · GBP · Group accounts

Net assets
£25,516,000
Cash
—
Turnover
—
Profit / loss
£2,858,000
Current assets
£23,885,000
Creditors < 1 year
£3,251,000
Equity
£25,516,000
Average employees
88

Balance-sheet trend

GBP · consolidated

Financial statements

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures2025-12-3112 months · Group · AI-read2024-12-31Group · AI-read
Balance sheet
Net assets£25,516,000£22,219,000
Equity£25,516,000£22,219,000
Assets
Fixed assets£9,654,000£9,828,000
Intangible assets£2,046,000£2,127,000
Property, plant & equipment£7,608,000£7,701,000
Current assets£23,885,000£20,146,000
Debtors£1,772,000£1,543,000
Liabilities
Creditors within one year£3,251,000£2,609,000
Pension scheme surplus / deficit−£1,747,000−£2,468,000
Capital commitments£65,000—
Net current assets£17,609,000£14,859,000
Assets less current liabilities£27,263,000£24,687,000
Profit & loss
Profit / loss£2,858,000£2,360,000
Operating costs
Operating lease charges£68,000—
Audit fees£62,000—
People & pay
Average employees8886
Staff costs£5,604,000£5,294,000
Wages & salaries£4,062,000£3,837,000
Social security costs£520,000£441,000
Directors' remuneration£443,000—
Highest paid director£278,000—
Source evidenceView filing View filing

From the accounts

What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.

Comparatives
Prior-year figures were restated
Principal activity
It is a voluntary association of businesses of all sizes and in all sectors throughout Greater London.
What it does
business membership association · export documents · ATA Carnet · trade missions · networking events · seminars and training courses · business enquiry service (AI keywords)
The year
Gross income increased 8.7% to £13,232,000 (2024-£12,177,000), including an unrealised investment gain of £373,000 (2024-£33,000 gain). Subscription income was £3,000 up on last year with membership decreasing by 2.0% to 1,716 (2024-1,751) and subscriptions representing some 10.5% of gross income (2024-11.4%).
Outlook
Based on this, the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of no less than 12 months from the date of approval of these financial statements.
Auditor
S&W Audit · senior statutory auditor Daniel Quilter
Audit opinion
Clean (unmodified)
Accounts
FRS 102
Approved
2026-08-14, signed by Julia Onslow-Cole, Sam Hovey
Related parties (4)
  • London Chamber of Commerce and Industry Commercial Education Trust · Trust · services provided to the Trust during the year · £14,000
  • London Chamber of Commerce and Industry Commercial Education Trust · Trust · outstanding liability · £Nil
  • companies who have representations on the board · purchases from companies · Nil
  • companies who have representations on the board · balance owed by the Group · £Nil
Directors' report (6)
  • Michael Mainelli · appointed 2025-01-09
  • Rowena Herdman-Smith · appointed 2025-04-14
  • Abby Ghafoor OBE · appointed 2026-02-03
  • Lucie Risley · resigned 2025-04-15
  • Tony Matharu · resigned 2025-09-08
  • Julia Simpson · resigned 2025-09-08
Principal risks (5)
  • competition from other business support organisations
  • a reduction in the demand for international trade documentation
  • credit risk
  • liquidity risk
  • interest rate risk
Events after the year end (2)
  • With the support of the Chamber, the Trustees of the Defined Benefit scheme entered into a buy-in insurance policy with Just plc in July 2026.
  • As a consequence the Chamber made a £3.2m payment to the scheme, consisting of an accelerated deficit payment of £1.7m and a £1.5m premium.
Contingent liabilities (1)
  • A $400,000 guarantee is held with RBS as an International Chamber of Commerce World Chambers Federation World ATA Carnet Council requirement to provide evidence of the Chamber’s aptitude to fully and correctly assume the administrative and financial obligations incumbent on the guarantors of the duties and taxes payable on goods covered by the ATA Carnets issued under its responsibility. It is considered highly unlikely that this will be called upon.

Secured borrowing

Registered charges, lenders and security interests.

Charges and related records

2 outstanding charges
Unknown · created 2012-06-07
£5,220 DUE OR TO BECOME DUE FROM THE COM PANY TO THE CHARGEE UNDER THE TERMS OF T HE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Outstanding
Property · created 1993-02-18
All monies
Outstanding
Show 3 satisfied / released
Fixed · created 2016-07-15 · satisfied 2023-03-30
—
Satisfied
Fixed · created 1993-02-18 · satisfied 2015-07-24
All monies
Satisfied
Unknown · created 1969-03-11 · satisfied 1995-06-15
£85,000
Satisfied