FUSION21 FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the group recorded a net surplus for the year of £5,348,220, with total carried forward funds of £23,904,771. Per the trustees' report, the charity is fully funded by its trading subsidiary and does not engage in fundraising activities. The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Deficit in scheme 163,212” — page 81
“The consolidated financial statements incorporate the results of Fusion21 Foundation (the parent charity) and its subsidiaries: Fusion21 Limited, Fusion21 Asset Management Limited, Fusion21 Trading Limited, and CoreHaus Ltd.” — page 60
Leadership, per the charity’s website
- Dave Neilson — Group Chief Executive
- Chris Murray — Group Chair
- Mark Chadwick — Group Executive Director
- Peter Francis — Group Executive Director
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- CHRISTOPHER EDWARD CORNELIUS MURRAYchair
- Andrea ASTBURY
- Andrea Purslow
- Anne Taylor
- Claire Baxter
- Edward LIVESEY
- Nicole Lee Kershaw
- Philip Pemberton
- Thomas James Wilde
- Tony CAHILL
- Wayne Christopher Gales
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £13.5m | £8.2m |
| 31/03/2024 | £12.5m | £7.9m |
| 31/03/2023 | £8.5m | £7.4m |
| 31/03/2022 | £7.1m | £5.5m |
| 31/03/2021 | £6.1m | £4.8m |
Common questions
Is FUSION21 FOUNDATION financially healthy?
The accounts state that the group recorded a net surplus for the year of £5,348,220, with total carried forward funds of £23,904,771. Per the trustees' report, the charity is fully funded by its trading subsidiary and does not engage in fundraising activities. The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Mitchell Charlesworth (Audit) Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CAMBRIDGESHIRE ACRE | 1 | £84k |
| NORFOLK AND NORWICH FESTIVAL TRUST | 1 | £4k |
| TOWER HILL TRUST | 1 | £3k |