Finance Score: 3

Governance Score: 6

Support Score: 10

Fundraising costs low: +3

Good trustee age range: +3
Gender balanced board: +3

Large volunteers +5
Grant maker support: +5

Overall GiG Score: 19

THE TALENT FOUNDRY TRUST

Our aim is to promote social mobility by creating and delivering high-quality opportunities for young people in the most deprived communities that will help them develop and build the skills they will need for work in the 21st Century and which will inspire and motivate them to discover what they are amazing at and fulfil their potential.

Analysis by Giving is Great

Positives:

This charity has been very successful in attracting volunteers relative to its size
The charity has received backing from several prominent grant makers recently
Spending has increased over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
Fundraising costs are low relative to funds raised
The Board appears to be well diversified in terms of age and gender

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/08/23	£1,541	£1,391	£149	£85	£788	£421	3.6	18	1,452
31/08/22	£1,071	£1,019	£52	£0	£638	£297	3.5	14	1,015
31/08/21	£664	£652	£12	£24	£586	£252	4.6	10	638
31/08/20	£960	£654	£307	£0	£574	£125	2.3	10	811
31/08/19	£991	£882	£109	£0	£268	£133	1.8	9	882
31/08/18	£862	£986	£-124	£0	£159	£84	1	5	0
31/08/17	£845	£867	£-22	£0	£282	£30	0.4	0	0
31/08/16	£752	£684	£68	£0	£304	£13	0.2	0	0
31/08/15	£980	£940	£40	£23	£165	£18	0.2	1	0
31/08/14?	£985	£1,090	£-105	£108	£125	£23	0.3	1	0
31/03/13	£552	£468	£84	£73	£229	£168	4.3	1	0
31/03/12	£496	£351	£145	£0	£0	£0	n/a	0	0
31/03/11	£431	£483	£-51	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 5.5%
Fundraising Costs/Total Spending: 6.1%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 35%
Liabilities/Income: 27%
Unrestricted Funds/Total Funds: 53%
Reserves/Spending: 3.6 months
Net Current Assets/Spending: 7 months
Quick Ratio: 2.8

Asset Split ?

Established: 14 years

www.talentfoundry.org.uk

info@talentfoundry.org.uk

02071480934

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Services for people with disabilities

How it operates

Other charitable activities
Provides services

Where it operates

Scotland, Throughout England And Wales,

Who it helps

Children/Young People

Who works here?

18 employees
1,452 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Garfield Weston Foundation - Main Grants award
£20,000	30/09/2022	An asset-based approach to employability for disadvantaged youth following Covid.
The Rayne Foundation - Grant to The Talent Foundry Trust
£20,000	06/09/2021	Towards a series of targeted pre-apprenticeship and apprenticeship programmes for disadvantaged young people in the aftermath of the Covid-19.
National Lottery Community Fund - Transforming the lives of disadvantaged young people.
£10,000	21/03/2018 12	The project will fund the charity’s core costs for the service which supports disadvantaged young people by providing education and employment opportunities. This will enable the group to continue ....more The project will fund the charity’s core costs for the service which supports disadvantaged young people by providing education and employment opportunities. This will enable the group to continue their skills development programme and connecting participants with potential employers.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)

Current Trustees appointed

Gender Split

Based on 9/10 persons

Age Range of Trustees: 35-70

AMY CLARE LEONARD MBE Appointed: 2024

CATHERINE LISA MURPHY Appointed: 2023, Occupation: Finance Director

DUNCAN JAMES SCOTT Appointed: 2021, Occupation: Management Consultant

SARAH LOUISE RICHARDSON Appointed: 2020, Occupation: Journalist

FIONA MICHELLE RYLAND Appointed: 2015, Occupation: Hr Director

LORD RICHARD MARK NEWBY Appointed: 2016, Occupation: Politician

LUKE BRADLEY-JONES Appointed: 2018, Occupation: Manager

MICHAEL GREEN Appointed: 2019, Occupation: Director General

MOHSEN OJJA Appointed: 2020, Occupation: Education Director, Other trusteeships: AQA EDUCATION, THE UNITED WESTMINSTER AND GREY COAT FOUNDATION,

SIR DAVID CHARLES MAURICE BELL (Chair), Other trusteeships: BATH MOZARTFEST LIMITED, THE BELL FAMILY CHARITABLE TRUST, SCRUM THEATRE,

Legal constitution

Charitable company registered in England & Wales on 23/02/2010, number: 1134468
Registered at Companies House on 19/03/2009, number: 06852919

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

13 returns made; all on time

Main office

GOODMAN JONES LLP
29-30 FITZROY SQUARE
LONDON
W1T 6LQ

Objectives

TO ADVANCE IN LIFE AND HELP YOUNG PEOPLE THROUGH PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, LOCAL

Data Sources