PURE INNOVATIONS LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity achieved profitable trading for the year, with a profit of £101k before pension service costs, though this was adversely impacted by £89k in redundancy costs. The charity holds unrestricted reserves of approximately £3.13 million, which significantly exceeds its stated policy target of around £2 million (equivalent to three months' expenditure). The trustees and auditors confirm that resources are adequate to continue as a going concern.
What the accounts disclose
“Helen White is director of a marketing organisation to which Pure Innovations pays a small annual subscription, none of our trustees receive remuneration or other benefit from their work with the charity. Nina Hinton is a director of Open Awards to which Pure Innovations pays a small amount for Education accreditations.” — page 11
“Helen White is director of a marketing organisation to which Pure Innovations pays a small annual subscription, none of our trustees receive remuneration or other benefit from their work with the charity. Nina Hinton is a director of Open Awards to which Pure Innovations pays a small amount for Education accreditations.” — page 11
“Helen White is director of a marketing organisation to which Pure Innovations pays a small annual subscription, none of our trustees receive remuneration or other benefit from their work with the charity. Nina Hinton is a director of Open Awards to which Pure Innovations pays a small amount for Education accreditations.” — page 11
“Helen White is director of a marketing organisation to which Pure Innovations pays a small annual subscription, none of our trustees receive remuneration or other benefit from their work with the charity. Nina Hinton is a director of Open Awards to which Pure Innovations pays a small amount for Education accreditations.” — page 11
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Conrad Hemingway
- Helen White
- Jack Sharp
- Jean Donald Walker
- Lucy Elizabeth Powis
- Nina Hinton
- Paul Greenhalgh
- Stephen Bradshaw
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £11.1m | £10.6m |
| 31/03/2024 | £8.7m | £8.3m |
| 31/03/2023 | £8.0m | £8.0m |
| 31/03/2022 | £7.2m | £7.5m |
| 31/03/2021 | £6.6m | £5.9m |
Common questions
Is PURE INNOVATIONS LIMITED financially healthy?
The accounts state that the charity achieved profitable trading for the year, with a profit of £101k before pension service costs, though this was adversely impacted by £89k in redundancy costs. The charity holds unrestricted reserves of approximately £3.13 million, which significantly exceeds its stated policy target of around £2 million (equivalent to three months' expenditure). The trustees and auditors confirm that resources are adequate to continue as a going concern. Its FY2023 accounts were audited by Mitchell Charlesworth (Audit) Limited.