TURN TRUST
TURN TRUST helps faith based communities have a new impact in urban environments.TURN TRAINING students learn to enrich the lives of those in local communities.TURN BUSINESS develops businesses to keep buildings alive, and retain their community use.TURN REFIT refurbishes buildings and spaces to be community hubs.TURN NETWORKS creates connections of people to teach and encourage our ethos.
Objects
TO ADVANCE THE CHRISTIAN FAITH IN THE UNITED KINGDOM AND IN SUCH OTHER PARTS OF THE WORLD AS THE DIRECTORS OF THE CHARITY (HEREIN CALLED"THE TRUSTEES) MAY FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY;2) TO RELIVE PERSONS WHO ARE IN CONDITIONS OF NEED OR HARDSHIP OR WHO ARE AGED OR SICK AND TO RELIEVE THE DISTRESS CAUSED THEREBY IN THE UNITED KINGDOM AND IN SUCH OTHER PARTS OF THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £48,801 for the year ended 31 May 2025, resulting in a decrease in free reserves to £38,358. Per the trustees' report, the charity remains a going concern as it has secured corporate sponsorship to cover its 2025/26 budgeted expenditure, although it is dependent on these continuing donations.
What the accounts disclose
“The Board of Directors have established a policy whereby free reserves held by the charity should be maintained as sufficient to cover its short-term commitments plus retaining funds towards capital development.” — page 5
“The charity is dependent on continuing donations from Solomon Estates Limited, HMCA/s plc and the Care Insurance Company Limited and as a consequence the going concern basis is also dependent on these donations continuing.” — page 14
“Turn Trust’s principal funder is Solomon Estates Limited, the ultimate owner of which is a family member of Mr B A Skrentny, the donor representative.” — page 6
“Turn trust has engaged the chief operating officer Mr R H Ashworth via an intermediary company, Grace Eagle Limited, of which Mr R H Ashworth is a director.” — page 24
“Turn Trust’s principal funder is Solomon Estates Limited, the ultimate owner of which is a family member of Mr B A Skrentny, the donor representative.” — page 6
“Turn trust has engaged the chief operating officer Mr R H Ashworth via an intermediary company, Grace Eagle Limited, of which Mr R H Ashworth is a director.” — page 24
“Investment in UK trading subsidiary: Turn Trading Limited (Company number: 12293500) registered in England and Wales (100% owned)” — page 21
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/05/2025
- Volunteers: 25
- Government income: £1,618 — grants £1,618 (1); under 1% of the £672,316 total gross income on the same return
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/05/2024
- Volunteers: 16
- Government income: £1,228 — grants £1,228 (1); under 1% of the £528,185 total gross income on the same return
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/05/2023
- Volunteers: 16
- Government income: £2,876 — grants £2,876 (1); under 1% of the £441,965 total gross income on the same return
- Has a trading subsidiary
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/05/2023 (received 02/05/2024, 32 days after the 31/03/2024 due date).
Structured financials (annual return, FY ending 31/05/2025)
Trustees
- RICHARD VENABLEchair
- Kevin John Colwell
- MATTHEW FROST
- Nestor Jose Fernandez Vizcaya
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £672k | £721k |
| 31/05/2024 | £528k | £603k |
| 31/05/2023 | £442k | £484k |
| 31/05/2022 | £498k | £495k |
| 31/05/2021 | £437k | £421k |
Common questions
Is TURN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £48,801 for the year ended 31 May 2025, resulting in a decrease in free reserves to £38,358. Per the trustees' report, the charity remains a going concern as it has secured corporate sponsorship to cover its 2025/26 budgeted expenditure, although it is dependent on these continuing donations. Its FY2025 accounts were independently examined.
Funders of similar charities
Charities like this
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TURN TRUST | £672k | — | 0 | above | — | noted |
| TURNAROUND FOUNDATION | £96k | — | 0 | unclear | — | no doubt |
| THE TURING TRUST | £783k | — | 0 | within | — | no doubt |
| THE PARTNERSHIP TRUST | £206k | Under £60,000 | 0 | within | — | no doubt |
| HAS TRUST | £52k | — | 0 | unclear | — | no doubt |
| ONE CAN TRUST | £653k | — | 0 | unclear | — | no doubt |