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
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 · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-3112 months · Group · AI-read | 2024-12-31Group · 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 employees | 88 | 86 |
| 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 evidence | View 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 chargesUnknown · 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
OutstandingProperty · created 1993-02-18
All monies
OutstandingShow 3 satisfied / released
Fixed · created 2016-07-15 · satisfied 2023-03-30
—
SatisfiedFixed · created 1993-02-18 · satisfied 2015-07-24
All monies
SatisfiedUnknown · created 1969-03-11 · satisfied 1995-06-15
£85,000
Satisfied