FUSION21 FOUNDATION

Registered charity 1164818 · accounts filings on the Charity Commission register

The charity's primary objective is to tackle social and economic exclusion, supporting geographical economics and local residents within these areas to obtain social wellbeing and enhance quality of life.

Causes: Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£13.5m
Latest spending
£8.2m
Registered
2015
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Other trading activities (96% of income)
“Total income relates predominantly to other trading activities which is generated mostly by the trading subsidiary, Fusion 21 Limited, through its procurement support work.” — page 44
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £163k
“Deficit in scheme 163,212” — page 81
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Fusion 21 Limited, Fusion 21 Asset Management Ltd, Fusion 21 Trading Ltd, CoreHaus Ltd
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Mitchell Charlesworth (Audit) Limited. Discloses 3 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£13.5m
Total spending
£8.2m
Cost of raising funds
£6.8m
Reserves (reported)
£4.0m
Employees
71

Reported reserves equal ~5.9 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Other trading activities (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 50.8% of total income — above the 90th percentile for charities its size (median 3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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?

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. Its FY2025 accounts were audited by Mitchell Charlesworth (Audit) Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with VINCI UK FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
FUSION21 FOUNDATION£13.5m——unclear—no doubt
VINCI UK FOUNDATION FY2025£277k—0unclear—no doubt
The Places Foundation FY2025£996k—0above—no doubt
FAIR WAYS FOUNDATION FY2024£581k—0below—not going concern
BRIDGES IMPACT FOUNDATION FY2025£1.1m—0unclear—no doubt
ACTIVE FUSION FY2025£680k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.