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The Switch Charity Limited

Registered charity 1040962 · accounts filings on the Charity Commission register · also known as TOWER HAMLETS E B P, TOWER HAMLETS EDUCATION BUSINESS PARTNERSHIP LIMITED

The object for which the Company is established is the advancement of the education and training of children and young people resident in the UK, in particular by equipping them for employment in commerce, business and industry (the "Objects").

Causes: Education/training · website · Get email alerts

Latest income
£980k
Latest spending
£979k
Registered
1994
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity finished the year with a moderate surplus and unrestricted reserves representing 63% of total funds. The trustees report that total reserves remain at more than 12 months of expenditure, providing a buffer for programme delivery. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: more than 12 months expenditure (held: £715k)
“The total reserves of the Charity remain at more than 12 months expenditure. This level of reserve was agreed by the Trustees to provide an essential buffer to ensure the charity is able to deliver its programmes for the length of an academic year, whatever the funding environment.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Goldwins Limited. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — The Switch (matched by registered charity number).

Structured financials (annual return, FY ending 31/08/2025)

Total income
£980k
Total spending
£979k
Cost of raising funds
£2k
Reserves (reported)
£1.1m
Employees
18

Reported reserves equal ~14.0 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (91% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.2% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Greenwich · Tower Hamlets

Income and spending

Financial year endIncomeSpending
31/08/2025£980k£979k
31/08/2024£1.2m£1.0m
31/08/2023£1.1m£1.0m
31/08/2022£1.0m£1.1m
31/08/2021£908k£1.0m

Common questions

Is The Switch Charity Limited financially healthy?

Per its FY2025 accounts: The accounts state that the charity finished the year with a moderate surplus and unrestricted reserves representing 63% of total funds. The trustees report that total reserves remain at more than 12 months of expenditure, providing a buffer for programme delivery. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Goldwins Limited.

Who funds The Switch Charity Limited?

Funders whose own accounts filings name The Switch Charity Limited as a grant recipient include MAN GROUP PLC CHARITABLE TRUST, THE ALLEN OVERY SHEARMAN STERLING FOUNDATION, The Merchant Taylors' Foundation, THE WOGEN ANNIVERSARY TRUST, FORD BRITAIN TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
MAN GROUP PLC CHARITABLE TRUSTFY2022£30k
MAN GROUP PLC CHARITABLE TRUSTFY2021£29k
THE ALLEN OVERY SHEARMAN STERLING FOUNDATIONFY2023£21k
THE ALLEN OVERY SHEARMAN STERLING FOUNDATIONFY2022£7k
THE ALLEN OVERY SHEARMAN STERLING FOUNDATIONFY2024£5k
The Merchant Taylors' FoundationFY2022£3kSmall Grants Scheme
THE WOGEN ANNIVERSARY TRUSTFY2025£3k
THE WOGEN ANNIVERSARY TRUSTFY2024£2k
FORD BRITAIN TRUSTFY2022£2k
EAST END COMMUNITY FOUNDATIONFY2023£465Summer Activities for Young People
BLUESPARK FOUNDATIONFY2022—Headsets to help deliver employability skills/work experience programme

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund18/02/2022£7kYouth Voice: A Community for Social Mobility