MAKING THE LEAP
MAKING THE LEAP IS A SOCIAL MOBILITY AND YOUTH CHARITY WHICH RUNS CAREERS EDUCATION PROGRAMMES FOR CHILDREN IN SCHOOLS ACROSS LONDON, AND DELIVERS SERVICES THAT PREPARES YOUNG ADULTS FOR LIFE-CHANGING CAREER OPPORTUNITIES
Objects
FOR THE BENEFIT OF THE PUBLIC IN LONDON AND ELSEWHERE IN THE UNITED KINGDOM AND IN PARTICULAR FOR THOSE MEMBERS OF THE PUBLIC WHO MAY BE UNEMPLOYED BY RELIEVING POVERTY AND DISTRESS THROUGH THE PROVISION OF ADVICE INFORMATION TRAINING AND EDUCATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss of £411,833 for the year ended 31 March 2025, resulting in a decrease in unrestricted reserves from £1,721,299 to £1,356,266. The trustees note that free unrestricted reserves, excluding tangible fixed assets, decreased to £824,461, which is below the stated policy target of building up reserves of up to six months of operating costs. Despite the loss, the independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Our reserves policy is to build up reserves of up to six months of operating costs.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 672
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 597
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 501
Leadership, per the charity’s website
- Eugene Blavo — Deputy CEO
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Sandra Bowker CBEchair
- ANDY BOUCHER
- Catherine Osaigbovo
- Dipi Kaur McKernan
- Dominic Scott
- Emma Canavan Jane
- James Alexander Hamilton Smith
- John Gary Williams
- Laurence Meehan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £2.0m |
| 31/03/2024 | £1.7m | £1.8m |
| 31/03/2023 | £1.5m | £1.5m |
| 31/03/2022 | £1.8m | £1.2m |
| 31/03/2021 | £1.5m | £875k |
Common questions
Is MAKING THE LEAP financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net loss of £411,833 for the year ended 31 March 2025, resulting in a decrease in unrestricted reserves from £1,721,299 to £1,356,266. The trustees note that free unrestricted reserves, excluding tangible fixed assets, decreased to £824,461, which is below the stated policy target of building up reserves of up to six months of operating costs. Despite the loss, the independent 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 PEM Audit Limited.
Who funds MAKING THE LEAP?
Funders whose own accounts filings name MAKING THE LEAP as a grant recipient include THE STONE FAMILY FOUNDATION, JOHN LYON'S CHARITY, THE MERCERS CHARITABLE FOUNDATION, Insurance Industry Charitable Foundation UK, THE FIDELITY UK FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE STONE FAMILY FOUNDATION | FY2022 | £1.0m | |
| THE STONE FAMILY FOUNDATION | FY2025 | £330k | Unrestricted grant over three years for social mobility charity |
| JOHN LYON'S CHARITY | FY2025 | £150k | the ACE Programme (Aspirations, Careers, Employability) |
| THE MERCERS CHARITABLE FOUNDATION | FY2024 | £120k | Young People & Education Programme |
| THE STONE FAMILY FOUNDATION | FY2024 | £117k | |
| THE MERCERS CHARITABLE FOUNDATION | FY2023 | £115k | Young People & Education Programme |
| THE MERCERS CHARITABLE FOUNDATION | FY2025 | £115k | Young People & Education Programme |
| Insurance Industry Charitable Foundation UK | FY2025 | £81k | advancing social mobility through skills, education and employment |
| THE FIDELITY UK FOUNDATION | FY2021 | £63k | Towards new post of Director of Strategy and Innovation to strengthen the senior management team |
| THE PA FOUNDATION | FY2025 | £60k | |
| THE STONE FAMILY FOUNDATION | FY2023 | £50k | |
| THE PWC FOUNDATION | FY2024 | £36k | social mobility |
| THE PWC FOUNDATION | FY2025 | £35k | social mobility |
| THE PWC FOUNDATION | FY2023 | £30k | social inclusion through social mobility |
| THE PWC FOUNDATION | FY2022 | £18k | social mobility |
| THE NORTON ROSE FULBRIGHT CHARITABLE FOUNDATION | FY2025 | £15k | |
| Insurance Industry Charitable Foundation UK | FY2024 | £10k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 10/04/2025 | £305k | ACE (Aspirations Career Employability) Project |
| The Mercers' Company | 07/03/2025 | £330k | Grant to Making the Leap |
| The Mercers' Company | 09/06/2022 | £350k | Grant to Making The Leap |
| UK government | 26/08/2020 | £10k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 30/05/2019 | £240k | ACE - Aspirations, Careers and Employability |
| The National Lottery Community Fund | 05/05/2011 | £10k | Educational materials for disadvantaged people |
| The National Lottery Community Fund | 09/09/2009 | £650k | ACE - Activating Communities |
| The National Lottery Community Fund | 14/09/2004 | £232k | Development of MG/1/010005125 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHK Foundation | 2 | £12k |
| SLOANE ROBINSON FOUNDATION | 1 | £290k |
| THE BLAGRAVE TRUST | 1 | £257k |
| DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST | 1 | £255k |
| THE TOLKIEN TRUST | 1 | £220k |
| John Lewis Partnership Foundation | 1 | £181k |
| AKO FOUNDATION | 1 | £175k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £160k |
Charities like this
- Coram Leap Confronting Conflict
- MAKE A MOVE
- LEADERS IN COMMUNITY
- LEAP INTO HOPE
- MAKING SPACE
- MAKING MIRACLES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MAKING THE LEAP | £1.6m | — | — | unclear | — | no doubt |
| Coram Leap Confronting Conflict | £1.2m | — | — | above | — | no doubt |
| MAKE A MOVE | £55k | — | 0 | unclear | — | no doubt |
| LEADERS IN COMMUNITY | £327k | Under £60,000 | 0 | unclear | — | no doubt |
| LEAP INTO HOPE | £39k | — | 0 | above | — | no doubt |
| MAKING SPACE | £34.2m | — | — | unclear | — | no doubt |