THE VTCT FOUNDATION
Grant making in fields of vocational education, especially Hair and Beauty sectors, and research into and relief of disfigurement.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £2,919,742, which the trustees believe are sufficient for foreseeable future operational activity despite net current liabilities. The charity reported a net expenditure of £485,194 for the year, primarily driven by grant-making activities totaling £610,636. The trustees expect the charity to exist for at least another three years while planning for its eventual legacy.
What the accounts disclose
“The only income received by the charity is bank interest and investment income.” — page 8
“Following a rigorous application process and unanimous agreement by all trustees (excluding Professor Rumsey) a new £1m grant for 4 years funding was awarded in June 2022. Annual tranches of £250,000 were paid in 22/23, 23/24 and 24/25.” — page 21
Trustees
- Angela Maria CROSS-DURRANT
- Anthony Lau Walker CBE
- Associate Professor Stephen Robert Felix Twigg
- Jonathan Michael Pleat
- Prof Nichola Jane Rumsey OBE
- ROSANNA PRESTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £111k | £698k |
| 31/07/2024 | £115k | £1.0m |
| 31/07/2023 | £348k | £366k |
| 31/07/2022 | £53k | £1.4m |
| 31/07/2021 | £90k | £796k |
Common questions
Is THE VTCT FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £2,919,742, which the trustees believe are sufficient for foreseeable future operational activity despite net current liabilities. The charity reported a net expenditure of £485,194 for the year, primarily driven by grant-making activities totaling £610,636. The trustees expect the charity to exist for at least another three years while planning for its eventual legacy. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MOTIVATION CHARITABLE TRUST | 1 | £81k |
| HALLMARK CARE HOMES FOUNDATION | 1 | £36k |
| ONE FOOTSTEP | 1 | £20k |
| TRUE COLOURS THEATRE | 1 | £5k |
Charities like this
- VOCATIONAL TRAINING CHARITABLE TRUST
- CARETECH CHARITABLE FOUNDATION
- Ufi VocTech Trust
- THE V&A FOUNDATION
- Veddis Foundation
- RATANBEN ZAVERCHAND KARA FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE VTCT FOUNDATION | £111k | — | 0 | unclear | — | no doubt |
| VOCATIONAL TRAINING CHARITABLE TRUST | £13.4m | £190,000 - £199,999 | — | within | — | no doubt |
| CARETECH CHARITABLE FOUNDATION | £1.1m | — | 0 | above | — | no doubt |
| Ufi VocTech Trust | £828k | — | — | unclear | — | no doubt |
| THE V&A FOUNDATION | £251k | — | 0 | above | — | no doubt |
| Veddis Foundation | £2.8m | — | 0 | unclear | — | no doubt |