ENGINUITY
Latest income
£15.1m
Latest spending
£16.1m
Registered
1990
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the group reported an operating deficit of £1.0m and a total decrease in funds of £1.3m for the year ended 31 March 2025. However, the trustees report that the group remains in a strong financial position with closing unrestricted reserves of £36.8m, which is significantly above the maximum policy target of £27.5m.
What the accounts disclose
Reserves policy: £27.5m (held: £36.9m)
“maximum target level of reserves of £27.5m”
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£15.1m
Total spending
£16.1m
Cost of raising funds
£12.5m
Reserves (reported)
£36.9m
Employees
162
Trustees
- Alexia Williams
- Ben Carpenter-Merritt
- Dr Ian Ritchey
- Luke Jay Logan
- Mark Tarry
- Michael Evans
- Nicola Randles
- Paul Perera
- Rachel Wilson
- Sarah Lambert
- Sarah Sandle
- Selma Hunter
- Sharron Pamplin
- Sir Jim McDonald
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £15.1m | £16.1m |
| 31/03/2024 | £14.5m | £14.1m |
| 31/03/2023 | £13.3m | £11.0m |
| 31/03/2022 | £12.2m | £10.6m |
| 31/03/2021 | £9.4m | £9.9m |
Common questions
Is ENGINUITY financially healthy?
The accounts state that the group reported an operating deficit of £1.0m and a total decrease in funds of £1.3m for the year ended 31 March 2025. However, the trustees report that the group remains in a strong financial position with closing unrestricted reserves of £36.8m, which is significantly above the maximum policy target of £27.5m. Its FY2025 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MISSION44 | 1 | £810k |
| THE SPECTRIS FOUNDATION | 1 | £200k |
| THE ARMIGER FOUNDATION | 1 | £186k |
| ROSETREES | 1 | £94k |
| THE APAX FOUNDATION | 1 | £81k |
| REES JEFFREYS ROAD FUND | 1 | £40k |
| DEVELOPMENTS IN LITERACY UK (UK) | 1 | £10k |
| THE DAVID FAMILY FOUNDATION | 1 | £0 |