THE VTCT FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £3,404,936, a decrease from £3,990,979 in the prior year, driven by grant expenditure exceeding investment income. The trustees believe sufficient reserves remain for foreseeable operational activity and note no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“At 31 July 2024 the charity had unrestricted reserves of just over £3.4 million (2023 £3.99m).” — page 10
“The two awards made to Headlines during 2023/24 were made after she resigned as a trustee of the Foundation.”
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?
The accounts state that unrestricted reserves stood at £3,404,936, a decrease from £3,990,979 in the prior year, driven by grant expenditure exceeding investment income. The trustees believe sufficient reserves remain for foreseeable operational activity and note no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ONE FOOTSTEP | 1 | — |
| THE MOTIVATION CHARITABLE TRUST | 1 | £81k |
| HALLMARK CARE HOMES FOUNDATION | 1 | £26k |