THE TAURUS FOUNDATION

Registered charity 1128441 · accounts filings on the Charity Commission register

The Foundation makes grants to Charities of its own choice in furtherance of its charitable objectives.No replies or acknowledgements will be sent to unsolicited applications or correspondence.

Causes: General Charitable Purposes · website · Get email alerts

Latest income
£25k
Latest spending
£394k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £751,473, having decreased from £1,074,949 in the prior year due to net expenditure exceeding income and gains. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future. The trustees do not maintain a specific reserves policy target, stating that maintaining reserves at a specific level is not appropriate for a charity that is not a service delivery entity.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Payments to trustees: One trustee received £23,750 for administration services.
During the year, fees totalling £23,750 (2023 - £20,001) were paid to one of the Trustees for the provision of administration services in addition to normal duties carried out by a Trustee of the Foundation. — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2022)

Total income
£646k
Total spending
£356k
Cost of raising funds
£11k
Reserves (reported)
£1.2m
Employees
1

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Trustees · trustee networks

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

Operates in: Scotland · Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2024£25k£394k
31/12/2023£31k£486k
31/12/2022£646k£356k
31/12/2021£31k£536k
31/12/2020£1.3m£675k

Common questions

Is THE TAURUS FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £751,473, having decreased from £1,074,949 in the prior year due to net expenditure exceeding income and gains. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future. The trustees do not maintain a specific reserves policy target, stating that maintaining reserves at a specific level is not appropriate for a charity that is not a service delivery entity. Its FY2024 accounts were independently examined.