Prept. Foundation
Latest income
£284k
Latest spending
£261k
Registered
2020
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with £12,244 in unrestricted funds, recovering from a deficit of £10,965 in the prior year. The trustees report a reserves policy to maintain three to six months' expenditure, noting they are actively working to rebuild reserves to safeguard against funding fluctuations. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially non-compliant.
What the accounts disclose
Reserves policy: three to six months' expenditure (held: £12k)
“Our policy is to maintain unrestricted reserves equivalent to three to six months' expenditure to safeguard against funding fluctuations.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Jessica Aggarwal received £1,250 remuneration through Table Talk Business Club (Sussex) CIC.
“During the year Jessica Aggarwal, a trustee of the charity until 26 February 2025, received remuneration of £1,250 (2024: £15,000) through Table Talk Business Club (Sussex) CIC, a related entity, for other services to the charity.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan from Sentry Funding Limited (owned by trustee Thomas Webster).
“During the year Sentry Funding Limited, a company owned by Thomas Webster trustee, provided an unsecured loan to the charity. At the year end the balance owed by the charity was £9,000 (2024: £15,000).” — page 21
“UnitedUs Limited is a company in which Luke Taylor, trustee, has a significant interest. Since Luke Taylor was appointed as trustee on 1 February 2025, payments were made UnitedUs for marketing totalling £15,976. At the year end there is a balance owed to UnitedUs Limited of £136.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to UnitedUs Limited (Luke Taylor has significant interest) for marketing.
“During the year Sentry Funding Limited, a company owned by Thomas Webster trustee, provided an unsecured loan to the charity. At the year end the balance owed by the charity was £9,000 (2024: £15,000).” — page 21
“UnitedUs Limited is a company in which Luke Taylor, trustee, has a significant interest. Since Luke Taylor was appointed as trustee on 1 February 2025, payments were made UnitedUs for marketing totalling £15,976. At the year end there is a balance owed to UnitedUs Limited of £136.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Harpers Accountancy (owned by trustee Suzanne Craig) for bookkeeping/payroll.
“During the year Sentry Funding Limited, a company owned by Thomas Webster trustee, provided an unsecured loan to the charity. At the year end the balance owed by the charity was £9,000 (2024: £15,000).” — page 21
“UnitedUs Limited is a company in which Luke Taylor, trustee, has a significant interest. Since Luke Taylor was appointed as trustee on 1 February 2025, payments were made UnitedUs for marketing totalling £15,976. At the year end there is a balance owed to UnitedUs Limited of £136.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Ridgeview Estate Winery Limited (Tamara Roberts is a director).
“During the year Sentry Funding Limited, a company owned by Thomas Webster trustee, provided an unsecured loan to the charity. At the year end the balance owed by the charity was £9,000 (2024: £15,000).” — page 21
“UnitedUs Limited is a company in which Luke Taylor, trustee, has a significant interest. Since Luke Taylor was appointed as trustee on 1 February 2025, payments were made UnitedUs for marketing totalling £15,976. At the year end there is a balance owed to UnitedUs Limited of £136.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Prept. Fundraising Limited
“A subsidiary company, Prept. Fundraising Limited, was incorporated on 7 October 2025. Post year end fundraising activities will be undertaken in the subsidiary company.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Daniel James Wadechair
- Catherine Penfold-Attride
- Jason Edge
- Laura Pace
- Suzanne Craig
- Tamara Jane Roberts
- Thomas Patrick Webster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £284k | £261k |
| 31/07/2024 | £209k | £413k |
| 31/07/2023 | £315k | £196k |
| 31/07/2022 | £141k | £104k |
| 31/07/2021 | £44k | £13k |
Common questions
Is Prept. Foundation financially healthy?
The accounts state that the charity ended the year with £12,244 in unrestricted funds, recovering from a deficit of £10,965 in the prior year. The trustees report a reserves policy to maintain three to six months' expenditure, noting they are actively working to rebuild reserves to safeguard against funding fluctuations. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially non-compliant. Its FY2025 accounts were independently examined.
Who funds Prept. Foundation?
Funders whose own accounts filings name Prept. Foundation as a grant recipient include FONTHILL FOUNDATION, THE PENCHANT FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| FONTHILL FOUNDATION | FY2024 | £10k |
| FONTHILL FOUNDATION | FY2023 | £8k |
| THE PENCHANT FOUNDATION | FY2025 | £250 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £700k |
| JEREMY ALEXANDER SETTLEMENT | 1 | £119k |
| THE NEIGHBOURLY FOUNDATION | 1 | £100k |
| Moto Foundation | 1 | £9k |
| THE LOWER GREEN FOUNDATION | 1 | £2k |