CORE & CO FOUNDATION
The objects of the CIO are, for the public benefit, to advance the development and education of children and young people under the age of 25, providing interventions including artistic activities for the students of CORE Education Trust and partners schools, but not exclusively.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £279,688 for the year, reducing total net assets to £265,880. Per the trustees' report, unrestricted reserves are minimal at £1,149, which is below the stated policy target of three months of core unrestricted expenditure. The charity notes it may be reliant on support from its parent organisation, CORE Education Trust, as it explores new fundraising avenues following the end of major DfE funding.
What the accounts disclose
“In the band £60,001 - £70,000” — page 20
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 No. In the band £60,001 - £70,000 1” — page 20
“At the time of writing unrestricted reserves are minimal.” — page 6
“There were invoices raised from the Academy Trust to CORE & Co Foundation amounting to £88,229 for overheads, support and consultancy provided to the Charity by the Academy Trust during the year.” — page 7
“Under the terms of the grant funding agreement that was in place during the year between the DfE and CORE & Co Foundation, CORE Education Trust is the guarantor for CORE & Co Foundation's funding agreement with the DfE.” — page 7
“There were invoices raised from the Academy Trust to CORE & Co Foundation amounting to £88,229 for overheads, support and consultancy provided to the Charity by the Academy Trust during the year.” — page 7
“Under the terms of the grant funding agreement that was in place during the year between the DfE and CORE & Co Foundation, CORE Education Trust is the guarantor for CORE & Co Foundation's funding agreement with the DfE.” — page 7
“There were invoices raised from the Academy Trust to CORE & Co Foundation amounting to £88,229 for overheads, support and consultancy provided to the Charity by the Academy Trust during the year.” — page 7
“Under the terms of the grant funding agreement that was in place during the year between the DfE and CORE & Co Foundation, CORE Education Trust is the guarantor for CORE & Co Foundation's funding agreement with the DfE.” — page 7
Year-over-year changes
- Top pay band moved from £70,001 - £80,000 (FY2024) to £60,001 - £70,000 (FY2025).
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Leadership, per the charity’s website
- Adrian Packer CBE — Group CEO
Funders the charity credits
- Lawn Tennis Association
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Natasha Kaplinskychair
- Adrian George Packer
- Amajit Talwar
- Antonia Harvey
- Justin Dare Eniola
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.3m | £1.6m |
| 31/08/2024 | £2.4m | £2.3m |
| 31/08/2023 | £1.2m | £786k |
| 31/08/2022 | £433k | £393k |
| 31/03/2021 | £0 | £0 |
Common questions
Is CORE & CO FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £279,688 for the year, reducing total net assets to £265,880. Per the trustees' report, unrestricted reserves are minimal at £1,149, which is below the stated policy target of three months of core unrestricted expenditure. The charity notes it may be reliant on support from its parent organisation, CORE Education Trust, as it explores new fundraising avenues following the end of major DfE funding. Its FY2025 accounts were audited by Cooper Parry Group Limited.
What does the highest-paid employee of CORE & CO FOUNDATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Who funds CORE & CO FOUNDATION?
Funders whose own accounts filings name CORE & CO FOUNDATION as a grant recipient include IMPETUS - THE PRIVATE EQUITY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | FY2025 | £1k | Grants to Impetus portfolio partners |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST | 1 | £426k |
| THE EDWARD & CATHERINE WRAY CHARITABLE TRUST | 1 | £400k |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £280k |
| THE WESTMINSTER FOUNDATION | 1 | £166k |
| KINGS CHURCH DARLINGTON | 1 | £97k |
| TZEDOKOH VECHESED LIMITED | 1 | £93k |
| THE DULVERTON TRUST | 1 | £90k |
| WISEHEIGHTS LIMITED | 1 | £72k |
Charities like this
- COACH CORE FOUNDATION
- SOLUTIONS NOT SIDES
- LSSP
- JCOCI EDUCATIONAL FOUNDATION LTD
- JCD FOUNDATION
- CHRIST CENTRAL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CORE & CO FOUNDATION | £1.3m | £60,001 - £70,000 | 1 | below | — | no doubt |
| COACH CORE FOUNDATION | £956k | exceeding £60,000 | 1 | unclear | — | no doubt |
| SOLUTIONS NOT SIDES | £590k | — | 0 | unclear | — | no doubt |
| LSSP | £907k | — | 0 | unclear | — | no doubt |
| JCOCI EDUCATIONAL FOUNDATION LTD | £916k | — | 0 | below | — | no doubt |
| JCD FOUNDATION | £2.1m | — | 0 | unclear | — | no doubt |