THE TRUANTS FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves fell to £67,010, which is below the stated policy target of three months of unrestricted expenditure. The charity reported a net deficit of £249,473 for the year, resulting in a significant decrease in cash and net assets compared to the previous period.
What the accounts disclose
“The reserves at the end of the period were £67,010 (2024 - £316,483).” — page 6
“Phantom Music Management Ltd, a company in which a Trustee is a director, recharged £30,000 (2024 - £37,500) of Helen Curl's salary to the Charity which relates to the two and a half days she works for the Charity as Head of Operations.” — page 24
“At the balance sheet date, the Charity owed £2,261 (2024 - £2,261) to Miles Commercial Limited, a company in which a Trustee is a director.” — page 24
“Phantom Music Management Ltd, a company in which a Trustee is a director, recharged £30,000 (2024 - £37,500) of Helen Curl's salary to the Charity which relates to the two and a half days she works for the Charity as Head of Operations.” — page 24
“At the balance sheet date, the Charity owed £2,261 (2024 - £2,261) to Miles Commercial Limited, a company in which a Trustee is a director.” — page 24
“Phantom Music Management Ltd, a company in which a Trustee is a director, recharged £30,000 (2024 - £37,500) of Helen Curl's salary to the Charity which relates to the two and a half days she works for the Charity as Head of Operations.” — page 24
“At the balance sheet date, the Charity owed £2,261 (2024 - £2,261) to Miles Commercial Limited, a company in which a Trustee is a director.” — page 24
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- Roderick Smallwoodchair
- Adam Nicholas Tyrer
- Alan Bennie
- Alex Milas
- Andrew Scott Hunns
- Eric Newnham
- Mike Hole
- Rebecca Kathyrn Elizabeth Smallwood
- Steve Pennington
- Tom Baigrie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £597k | £847k |
| 30/09/2024 | £370k | £290k |
| 30/09/2023 | £675k | £629k |
| 30/09/2022 | £548k | £555k |
| 30/09/2021 | £212k | £14k |
Common questions
Is THE TRUANTS FOUNDATION financially healthy?
The accounts state that unrestricted reserves fell to £67,010, which is below the stated policy target of three months of unrestricted expenditure. The charity reported a net deficit of £249,473 for the year, resulting in a significant decrease in cash and net assets compared to the previous period. Its FY2025 accounts were independently examined.
Who funds THE TRUANTS FOUNDATION?
Funders whose own accounts filings name THE TRUANTS FOUNDATION as a grant recipient include THE THOMPSON FAMILY CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE THOMPSON FAMILY CHARITABLE TRUST | FY2023 | £50k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £600k |
| NFL FOUNDATION UK | 1 | £12k |
| THE ROSS WARBURTON CHARITABLE TRUST | 1 | £1k |