ENTHUSE CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the trust reported a net deficit of £185,997 for the year, reducing total funds to £1,595,272. Per the trustees' report, this balance is considered reasonable and in line with plans to July 2028, with free reserves of £910,282 exceeding the stated policy target of £500,000. The trustees confirm that resources are adequate to continue as a going concern for the foreseeable future.
What the accounts disclose
“A target value of £0.5million of unrestricted funds has been set.”
“M Whitby and R Wall, trustees of the charity, are also directors of STEM Learning Limited. During the year STEM Learning Limited charged the charity £60,000 (including VAT) (2024 - £60,000) for its services in the administration of the trust, the fundraising function, and the payment of grants awarded by the trustees, under a commercial agreement dated 22 December 2008.” — page 24
“During the year, the Charity was charged £3,380,143 (2024 - £3,900,782) by STEM Learning Limited for training services and at the year end owed STEM learning limited £72,870 (2024 - £312,172).” — page 24
“M Whitby and R Wall, trustees of the charity, are also directors of STEM Learning Limited. During the year STEM Learning Limited charged the charity £60,000 (including VAT) (2024 - £60,000) for its services in the administration of the trust, the fundraising function, and the payment of grants awarded by the trustees, under a commercial agreement dated 22 December 2008.” — page 24
“During the year, the Charity was charged £3,380,143 (2024 - £3,900,782) by STEM Learning Limited for training services and at the year end owed STEM learning limited £72,870 (2024 - £312,172).” — page 24
“M Whitby and R Wall, trustees of the charity, are also directors of STEM Learning Limited. During the year STEM Learning Limited charged the charity £60,000 (including VAT) (2024 - £60,000) for its services in the administration of the trust, the fundraising function, and the payment of grants awarded by the trustees, under a commercial agreement dated 22 December 2008.” — page 24
“During the year, the Charity was charged £3,380,143 (2024 - £3,900,782) by STEM Learning Limited for training services and at the year end owed STEM learning limited £72,870 (2024 - £312,172).” — page 24
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (05/06/2026)
- Received assets from another charity (14/09/2019)
Trustees
- Professor Dudley Shallcrosschair
- Anna Gawthorp
- Francesca MacLennan
- Katherine MATHIESON
- Mark Hindhaugh Whitby
- RIFFAT SAEED WALL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £3.4m | £3.6m |
| 31/07/2024 | £3.1m | £4.5m |
| 31/07/2023 | £4.1m | £5.6m |
| 31/07/2022 | £4.4m | £4.7m |
| 31/07/2021 | £3.8m | £3.1m |
Common questions
Is ENTHUSE CHARITABLE TRUST financially healthy?
The accounts state that the trust reported a net deficit of £185,997 for the year, reducing total funds to £1,595,272. Per the trustees' report, this balance is considered reasonable and in line with plans to July 2028, with free reserves of £910,282 exceeding the stated policy target of £500,000. The trustees confirm that resources are adequate to continue as a going concern for the foreseeable future. Its FY2025 accounts were audited by Azets Audit Services Limited.
Who funds ENTHUSE CHARITABLE TRUST?
Funders whose own accounts filings name ENTHUSE CHARITABLE TRUST as a grant recipient include THE SPECTRIS FOUNDATION, THE APAX FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE SPECTRIS FOUNDATION | FY2024 | £100k |
| THE SPECTRIS FOUNDATION | FY2022 | £100k |
| THE APAX FOUNDATION | FY2025 | £81k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL COMMISSION FOR THE EXHIBITION OF 1851 | 1 | £15k |