TRANSITION NETWORK
Latest income
£1.0m
Latest spending
£755k
Registered
2009
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that total income increased to £1,019,031 from £903,094 in the prior year, driven largely by a significant grant from an anonymous foundation. The charity reports a surplus for the year and holds free reserves of £126,602, which is above its stated policy target of £112,000.
What the accounts disclose
Highest-paid employee band: Under £60,000 — below the median for charities its size (£76k)
“No employee received employee benefits of more than £60,000 during the year (2024: Nil).” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £112,000 (held: £127k)
“The target level of free reserves is £112,000, to maintain the level at approximately four months’ core running costs.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: In the prior year a grant award of £10,000 was made to Transition Town Tooting, a local community group in which Richard Couldrey, a staff member of Transition Network, is also a member as well as former Trustee Hilary Jennings.
“In the prior year a grant award of £10,000 was made to Transition Town Tooting, a local community group in which Richard Couldrey, a staff member of Transition Network, is also a member as well as former Trustee Hilary Jennings.” — page 35
Per its FY2025 accounts as filed with the Charity Commission.
Corporate structure
- Registered company of the charity Companies House 06135675
Structured financials (annual return, FY ending 31/03/2025)
Total income
£1.0m
Total spending
£755k
Cost of raising funds
£24k
Reserves (reported)
£127k
Employees
10
Trustees
- Anna Helena Maria Kovasna
- Darren Carl Watmough
- Dr Elizabeth Saunders
- Kelly Dunworth
- Keyne Rowe Walker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.0m | £755k |
| 31/03/2024 | £903k | £976k |
| 31/03/2023 | £1.2m | £806k |
| 31/03/2022 | £563k | £649k |
| 31/03/2021 | £810k | £869k |
Common questions
Is TRANSITION NETWORK financially healthy?
The accounts state that total income increased to £1,019,031 from £903,094 in the prior year, driven largely by a significant grant from an anonymous foundation. The charity reports a surplus for the year and holds free reserves of £126,602, which is above its stated policy target of £112,000. Its FY2025 accounts were audited by BSN Associates Limited.
What does the highest-paid employee of TRANSITION NETWORK earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CENTRE FOR INNOVATION IN VOLUNTARY ACTION | 2 | £176k |
| ELRHA | 1 | £1.4m |
| Howden Foundation | 1 | £602k |
| WAR ON WANT | 1 | £367k |
| THIRTY PERCY FOUNDATION | 1 | £220k |
| GOWER STREET | 1 | £24k |
| THE A TEAM FOUNDATION LIMITED | 1 | £20k |
| FINANCE INNOVATION LAB | 1 | £20k |