PURPOSEFUL VENTURES
Purposeful Ventures will fund, develop, and grow not-for-profit initiatives that have the potential totransform lives by tackling challenges in education and society. Initiatives will focus on those who aresocially and economically disadvantaged.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £1,113,000 for the year ended 31 August 2025, with total income of £17,310,000 and expenditure of £16,197,000. Free reserves stood at £2,191,000, which the trustees confirmed was within their stated policy target of three to six months' core operating expenditure. The trustees and auditors both concluded that there is no material uncertainty regarding the charity's ability to continue as a going concern.
What the accounts disclose
“In the band £180,001 - £190,000 1”
“ARK provided various services including office, HR, finance and IT support to the Charity at a value of £154,000”
Year-over-year changes
- Top pay band moved from £140,001 - £150,000 (FY2024) to £180,001 - £190,000 (FY2025).
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Elizabeth Anne Dangoor
- Emilio Domingo Comins
- Gareth Lambert
- Justine Ludderodt
- Lucy Lauris Heller
- Nathaniel Sloane
- Robert Farrow
- Tara Haig
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £17.3m | £16.2m |
| 31/08/2024 | £22.5m | £12.6m |
Common questions
Is PURPOSEFUL VENTURES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £1,113,000 for the year ended 31 August 2025, with total income of £17,310,000 and expenditure of £16,197,000. Free reserves stood at £2,191,000, which the trustees confirmed was within their stated policy target of three to six months' core operating expenditure. The trustees and auditors both concluded that there is no material uncertainty regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Goodman Jones LLP.
What does the highest-paid employee of PURPOSEFUL VENTURES earn?
Per its FY2025 accounts, the highest-paid employee was in the £180,001 - £190,000 band.
Who funds PURPOSEFUL VENTURES?
Funders whose own accounts filings name PURPOSEFUL VENTURES as a grant recipient include AKO FOUNDATION, The Barratt Redrow Foundation, CHK Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| AKO FOUNDATION | FY2024 | £1.3m | Education |
| AKO FOUNDATION | FY2025 | £1.3m | to help Purposeful Ventures to create and manage two portfolios of education-focused charities, working with early years and secondary-aged young people. |
| The Barratt Redrow Foundation | FY2025 | £200k | |
| CHK Foundation | FY2024 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EMPOWER - THE EMERGING MARKETS FOUNDATION LIMITED | 1 | £150k |
| THE LANKELLYCHASE FOUNDATION | 1 | £58k |
| FOUR DAUGHTERS CHARITABLE TRUST | 1 | £50k |
| GLOBAL GREENGRANTS FUND UK | 1 | £50k |
| THE NORTH WALES POLICE AND COMMUNITY TRUST | 1 | £500 |
Charities like this
- We Are Purposeful
- EFFECTIVE VENTURES FOUNDATION
- THE MERCHANT VENTURERS CHARITY
- FUTURE
- BALLOON VENTURES FOUNDATION LTD
- VINCI UK FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PURPOSEFUL VENTURES | £17.3m | £180,001 - £190,000 | — | unclear | — | no doubt |
| We Are Purposeful | £14.8m | — | — | above | — | no doubt |
| EFFECTIVE VENTURES FOUNDATION | £12.1m | — | — | unclear | — | not going concern |
| THE MERCHANT VENTURERS CHARITY | £447k | — | 0 | above | — | no doubt |
| FUTURE | £268k | — | 0 | above | — | no doubt |
| BALLOON VENTURES FOUNDATION LTD | £2.3m | — | — | unclear | — | no doubt |