THE ESPRIT FOUNDATION

Registered charity 1198436 · accounts filings on the Charity Commission register · also known as THE DRAPER ESPRIT FOUNDATION

Latest income
£266k
Latest spending
£61k
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Charity held unrestricted reserves of £397,083 at year-end, which significantly exceeds its stated reserves policy target of £15,000. The Trustees confirmed that the Charity maintained ample funds to meet all costs and liabilities, with no material uncertainties affecting its ability to continue as a going concern.

What the accounts disclose

Reserves policy: £15,000 (held: £397k)
The level of such reserves policy was determined to be £15,000, being an amount in excess of one year’s ongoing recurring governance, support and operational costs incurred by the Charity.
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£266k£61k
31/03/2024£268k£110k
31/03/2023£250k£11k

Common questions

Is THE ESPRIT FOUNDATION financially healthy?

The accounts state that the Charity held unrestricted reserves of £397,083 at year-end, which significantly exceeds its stated reserves policy target of £15,000. The Trustees confirmed that the Charity maintained ample funds to meet all costs and liabilities, with no material uncertainties affecting its ability to continue as a going concern. Its FY2024 accounts were independently examined.

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