THE TURING TRUST
The Turing Trust aims to improve education and employability by:improving access to information technologies by sourcing and then refurbishing used IT equipment,developing learning software for independent learning,teacher training to improve the quality of education delivered,and promoting equality and diversity in the field of technology.
Financial health, per its FY2025 accounts
The accounts state that the charity returned a surplus of £184,715 in 2025, driven principally by a £200,000 legacy donation. Per the trustees' report, free reserves of £58,989 were held at year-end, which the trustees consider sufficient to meet their stated policy target of one month of working capital. The charity maintains strong liquidity with cash funds of £682,655 and net current assets of £839,286.
What the accounts disclose
“consider that one month of working capital (approximately £50-£100k) is sufficient free reserves to manage the day-to-day operations of the Trust”
“The Turing Trust purchased Unit 7C, Pentland Industrial Estate, Loanhead, EH20 9QH from JD and NJ Turing on 03/07/2023 for £364,000. The purchase was part-funded by an interest free loan of £164,000 from JD & NJ Turing, which was repaid in full in 2025.” — page 54
“The Turing Trust continues to outsource our trading activity to Turing IT Ltd and receives 100% of the net distributable profits as a donation in return.”
Funders the charity credits
- Ukraine Educational Initiatives Foundation
- Rotary Club of Currie Balerno
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (24/06/2015)
Trustees
- John Dermot Turingchair
- Bernard Hollywood OBE
- Dr Lumbani Mwafulirwa
- Lilian Wanjiku Ndirangu
- Lillian Owiti
- Stella Kagwiria Muthuri
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £783k | £599k |
| 31/12/2024 | £649k | £663k |
| 31/12/2023 | £963k | £746k |
| 31/12/2022 | £1.0m | £611k |
| 31/12/2021 | £664k | £399k |
Common questions
Is THE TURING TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity returned a surplus of £184,715 in 2025, driven principally by a £200,000 legacy donation. Per the trustees' report, free reserves of £58,989 were held at year-end, which the trustees consider sufficient to meet their stated policy target of one month of working capital. The charity maintains strong liquidity with cash funds of £682,655 and net current assets of £839,286. Its FY2025 accounts were audited by Millet Audit Ltd.
Who funds THE TURING TRUST?
Funders whose own accounts filings name THE TURING TRUST as a grant recipient include THE COLES-MEDLOCK FOUNDATION, THE BUZZACOTT STUART DEFRIES MEMORIAL FUND, Evelyn Partners Charitable Trust, ARBUTHNOTT CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE COLES-MEDLOCK FOUNDATION | FY2025 | £14k | |
| THE BUZZACOTT STUART DEFRIES MEMORIAL FUND | FY2022 | £1k | |
| Evelyn Partners Charitable Trust | FY2025 | £700 | Employee charitable collections |
| ARBUTHNOTT CHARITABLE TRUST | FY2025 | £500 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LLOYD'S REGISTER FOUNDATION | 1 | £3.1m |
| THE MOHN WESTLAKE FOUNDATION | 1 | £2.2m |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £855k |
| THE STONE FAMILY FOUNDATION | 1 | £615k |
| THE JOHN ARMITAGE CHARITABLE TRUST | 1 | £487k |
| ALZHEIMER'S RESEARCH UK | 1 | £308k |
| THE FIDELITY UK FOUNDATION | 1 | £298k |
| THE JONGEN CHARITABLE TRUST | 1 | £200k |
Charities like this
- The Worshipful Company of Turners Charitable Trust
- THE TUTOR TRUST
- TURN TRUST
- THE ALAN TURING INSTITUTE
- The TechSoup Trust
- THE TUDOR TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE TURING TRUST | £783k | — | 0 | within | — | no doubt |
| The Worshipful Company of Turners Charitable Trust | £185k | — | 0 | unclear | — | no doubt |
| THE TUTOR TRUST | £3.4m | — | — | within | — | no doubt |
| TURN TRUST | £672k | — | 0 | above | — | noted |
| THE ALAN TURING INSTITUTE | £49.0m | £300,000 - £309,999 | — | unclear | — | no doubt |
| The TechSoup Trust | £1.2m | £120,001 - £130,000 | 2 | above | — | no doubt |