THE TALENT FOUNDRY TRUST

Registered charity 1134468 · accounts filings on the Charity Commission register · also known as THE TRANSFORMATION TRUST (ENGLAND) · also registered in Scotland as SC051463 (OSCR)

Get email alerts for this charity

Latest income
£2.0m
Latest spending
£1.8m
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total incoming resources increased by 27% to £1,964,672, with unrestricted reserves rising to £851,266. The charity maintains free reserves of £606,401, which the trustees confirm meets their stated policy target of three to six months of operational expenditure. The independent auditors reported that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: between three and six months of planned operational delivery expenditure (held: £606k)
The Trustees have determined that the appropriate level of free reserves (unrestricted and uncommitted funds) should be equivalent to between three and six months of planned operational delivery expenditure.
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Denford Associates, a company in which trustee Amy Leonard is a director and shareholder.
During the year, donations totalling £30,000 (2024: £1,000) were received from Denford Associates, a company in which Amy Leonard, trustee, is a director and shareholder during the year. — page 57
During the year, the Charity incurred costs totalling £750 (2024: £2,252) from London Bookman Ltd, a company controlled by Samuel Draper (spouse of Amy Leonard, trustee) in respect of programme facilitation fees. — page 57
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Programme facilitation fees paid to London Bookman Ltd, controlled by Samuel Draper (spouse of trustee Amy Leonard).
During the year, donations totalling £30,000 (2024: £1,000) were received from Denford Associates, a company in which Amy Leonard, trustee, is a director and shareholder during the year. — page 57
During the year, the Charity incurred costs totalling £750 (2024: £2,252) from London Bookman Ltd, a company controlled by Samuel Draper (spouse of Amy Leonard, trustee) in respect of programme facilitation fees. — page 57
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from Trustees.
During the year, donations totalling £30,000 (2024: £1,000) were received from Denford Associates, a company in which Amy Leonard, trustee, is a director and shareholder during the year. — page 57
During the year, the Charity incurred costs totalling £750 (2024: £2,252) from London Bookman Ltd, a company controlled by Samuel Draper (spouse of Amy Leonard, trustee) in respect of programme facilitation fees. — page 57
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Goodman Jones LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — The Talent Foundry (matched by registered charity number).

Structured financials (annual return, FY ending 31/08/2025)

Total income
£2.0m
Total spending
£1.8m
Cost of raising funds
£25k
Reserves (reported)
£606k
Employees
21

Reported reserves equal ~4.1 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/08/2025£2.0m£1.8m
31/08/2024£1.5m£1.5m
31/08/2023£1.5m£1.4m
31/08/2022£1.1m£1.0m
31/08/2021£664k£652k

Common questions

Is THE TALENT FOUNDRY TRUST financially healthy?

The accounts state that total incoming resources increased by 27% to £1,964,672, with unrestricted reserves rising to £851,266. The charity maintains free reserves of £606,401, which the trustees confirm meets their stated policy target of three to six months of operational expenditure. The independent auditors reported that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Goodman Jones LLP.