PATCHWORK FOUNDATION

Registered charity 1177576 · accounts filings on the Charity Commission register

Patchwork works to equip young people (18 - 30 years old) with the necessary skills and experience to encourage active participation in democracy and wider civil society. Our activities seek to fulfil our mission to make our democracy more accessible while supporting the professional development of young people and supporting them to take active roles in civil society.

Causes: Education/training · website · Get email alerts

Latest income
£277k
Latest spending
£252k
Registered
2018
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a total surplus of £24,245 for the year ended 31 December 2024, with total income of £276,732 against total expenditure of £252,487. Per the trustees' report, unrestricted funds stood at £139,488, which the trustees consider equivalent to 12 months of core running costs. The charity holds no debt or financial investments and maintains a reserves policy target of 12 months' core running costs.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 12 months core running costs (held: £139k)
“The Foundation’s free reserve at the end of the reporting period was £136.993, the equivalent of 12 months’ core running costs.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Flint Global Limited made a donation of £33,000 towards the Masterclass Programme (2023: £27,500). Simon Fraser is a director of the donor's parent company.
“Flint Global Limited made a donation of £33,000 towards the Masterclass Programme (2023: £27,500). Simon Fraser is a director of the donor's parent company.” — page 22
“Norton Rose Fulbright LLP made a donation of £10,000 towards the Masterclass Programme (2023: £10,000). Farmida Bi is a designated partner of the donor.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Norton Rose Fulbright LLP made a donation of £10,000 towards the Masterclass Programme (2023: £10,000). Farmida Bi is a designated partner of the donor.
“Flint Global Limited made a donation of £33,000 towards the Masterclass Programme (2023: £27,500). Simon Fraser is a director of the donor's parent company.” — page 22
“Norton Rose Fulbright LLP made a donation of £10,000 towards the Masterclass Programme (2023: £10,000). Farmida Bi is a designated partner of the donor.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: KPMG LLP (UK) entered into a sponsorship contract with the charity for the Masterclass Programme. The contract value was £29,000 (2023: £27,500). Jonathan Holt is Group Chief Executive and a UK Senior Partner with the donor, and Simon Ranger is Vice Chair and a partner.
“Flint Global Limited made a donation of £33,000 towards the Masterclass Programme (2023: £27,500). Simon Fraser is a director of the donor's parent company.” — page 22
“Norton Rose Fulbright LLP made a donation of £10,000 towards the Masterclass Programme (2023: £10,000). Farmida Bi is a designated partner of the donor.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Patchwork Foundation (matched by registered charity number).

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
31/12/2024£277k£252k
31/12/2023£196k£266k
31/12/2022£248k£232k
31/12/2021£184k£175k
01/01/2021£205k£172k

Common questions

Is PATCHWORK FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a total surplus of £24,245 for the year ended 31 December 2024, with total income of £276,732 against total expenditure of £252,487. Per the trustees' report, unrestricted funds stood at £139,488, which the trustees consider equivalent to 12 months of core running costs. The charity holds no debt or financial investments and maintains a reserves policy target of 12 months' core running costs. Its FY2024 accounts were independently examined.

Who funds PATCHWORK FOUNDATION?

Funders whose own accounts filings name PATCHWORK FOUNDATION as a grant recipient include THE BLAGRAVE TRUST, THE NORTON ROSE FULBRIGHT CHARITABLE FOUNDATION, THE ERANDA ROTHSCHILD FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE BLAGRAVE TRUSTFY2023£47kInvesting in better youth policy
THE BLAGRAVE TRUSTFY2024£20kInvesting in better youth policy
THE BLAGRAVE TRUSTFY2022£18kInvesting in better youth policy
THE NORTON ROSE FULBRIGHT CHARITABLE FOUNDATIONFY2023£15k
THE ERANDA ROTHSCHILD FOUNDATIONFY2025£5kEducation
THE NORTON ROSE FULBRIGHT CHARITABLE FOUNDATIONFY2024£500

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund28/10/2021£10kPatchwork Masterclass Programme 2022
The National Lottery Community Fund18/01/2019£9kPatchwork Masterclass Programme

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 PATCHWORK PROJECT.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
PATCHWORK FOUNDATION£277k—0above—no doubt
PATCHWORK PROJECT FY2025£263k—0unclear—no doubt
THE PATCH FOUNDATION CIO FY2023£4.3m—0unclear—no doubt
PRIORITY YOUTH PROJECT FY2025£367k—0unclear—noted
YOUNG SOMERSET FY2026£4.3m——unclear—no doubt
LIVE AND LEARN FY2024£984k—0unclear—no doubt

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