THE INFLEXION FOUNDATION
Latest income
£2.5m
Latest spending
£2.4m
Registered
2018
Accounts read
FY2022
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves increased to £4,655,484, held entirely in cash, with no restricted funds reported. The trustees confirmed adequate resources for the foreseeable future and noted no current significant risks, while acknowledging that future grants depend on securing sufficient funds.
What the accounts disclose
Reserves policy: sufficient reserves to meet their strategy pending further monies being raised (held: £4.7m)
“The trustees are content that they currently hold sufficient reserves to meet their strategy pending further monies being raised.”
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees
“During the year the Company received trustee donations totalling £4,000,000 (2021: £4,000,000) in equal share from John Hartz and Simon Turner.” — page 20
“The Company is a partner in IFX Foundation Limited Partnership (“Partnership”), along with John Hartz and Simon Turner. The Partnership will receive 1% of profits from certain funds advised by Inflexion Private Equity Partners LLP, in which John Hartz and Simon Turner are partners.” — page 20
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Partnership interest
“During the year the Company received trustee donations totalling £4,000,000 (2021: £4,000,000) in equal share from John Hartz and Simon Turner.” — page 20
“The Company is a partner in IFX Foundation Limited Partnership (“Partnership”), along with John Hartz and Simon Turner. The Partnership will receive 1% of profits from certain funds advised by Inflexion Private Equity Partners LLP, in which John Hartz and Simon Turner are partners.” — page 20
Per its FY2022 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£2.5m
Total spending
£2.4m
Reserves (reported)
£1.4m
Employees
0
Trustees
- SIMON ERIC HUGH TURNERchair
- JAMES EDWARD IAN GOOLD
- JOHN FREDERIK HARTZ
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.5m | £2.4m |
| 31/03/2024 | £0 | £2.2m |
| 31/03/2023 | £3k | £1.2m |
| 31/03/2022 | £5.0m | £2.5m |
| 31/03/2021 | £5.0m | £3.0m |
Common questions
Is THE INFLEXION FOUNDATION financially healthy?
The accounts state that unrestricted reserves increased to £4,655,484, held entirely in cash, with no restricted funds reported. The trustees confirmed adequate resources for the foreseeable future and noted no current significant risks, while acknowledging that future grants depend on securing sufficient funds. Its FY2022 accounts were audited by haysmacintyre.