Finance Score: 0
Governance Score: 2
Support Score: 7
  • Deficit on unrestricted reserves: -2
  • Strong growth: +2
  • No conflicts policy: -1
  • Good trustee age range: +3
  • Overall weighted support: +7
Overall GiG Score: 9 ?

TALENT-ED EDUCATION

Talent-Ed provides high-quality, small group tuition to thousands of disadvantaged pupils across the UK. Through our programmes we aim to boost our pupils' attainment, subject understanding, essential academic skills, and confidence.
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

  • This charity does not have a Conflict of Interests policy

Financial issues to consider:

  • This charity has an endowment fund which generates much of its income. Its latest spending amounts to only -3969% of total funds
  • There was a deficit on unrestricted reserves of £40,681 at the last year end after deducting the value of own use assets

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/08/22£744£769£-26£100£-19£-41-0.6100
31/08/21£504£498£6£60£6£-41-160
31/08/20£266£281£-14n/an/an/an/an/an/a
31/08/19£203£270£-67n/an/an/an/an/an/a
31/08/18£242£242£0n/an/an/an/an/an/a
31/08/17£213£163£49n/an/an/an/an/an/a
31/08/16£137£159£-22n/an/an/an/an/an/a
31/08/15£124£64£60n/an/an/an/an/an/a
31/08/14£64£55£8n/an/an/an/an/an/a
31/08/13£50£34£15n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 118%
Liabilities/Income: 17%
Unrestricted Funds/Total Funds: 210%
Reserves/Spending: -0.6 months
Net Current Assets/Spending: 1 months
Quick Ratio: 4.1
Asset Split ?
Balance Sheet History
Established: 12 years

KELLY.MULLEN@FRPADVISORY.COM

01642 917 555

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Education/Training
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Academic support
How it operates
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Scotland, Throughout England And Wales,
Who it helps
  • Children/Young People

Who supports them? ?

Donations from Grant Makers ?

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

Major supporters in last 5 years
Nesta£50,000
Walcot Foundation£45,088
Garfield Weston Foundation£40,000
Dulverton Trust£35,000
BBC Children in Need£32,503
City Bridge Trust£21,900
DCMS£12,700
John Lyon's Charity£10,000
Specific Donations
Amount When
Months
To be used for
Co-Operative Group - Grant to TalentEd Education
£3,071 22/10/2022
We aim to run small group tuitions in maths, science or English to disadvantaged students to help them achieve academically and give them the opportunity and skills to excel in school and later life.
BBC Children in Need - Grant to Talent-Ed Education
£500 20/10/2022
0
‘Cost of Living uplift: £500 to help projects meet their rising costs and respond to increased demand 31/10/2022’
Dulverton Trust - School tuition programme
£35,000 28/10/2021
School tuition programme
The Grocers' Charity - 2021 - TalentEd
£5,000 02/06/2021
Towards core costs specifically for the leadership team, to plan and implement growth plans to double the number of tutored young people to 1,000 by the end of 2021.
Garfield Weston Foundation - Main Grants award
£40,000 12/02/2021
Expert tuition to help close the attainment gap
Nesta - AC01283
£50,000 15/12/2020
National Tutoring Programme programme grant to TalentED Education Grant Ref AC01283
John Lyon's Charity - Main grant to TalentEd
£10,000 18/11/2020
12
Maths Masterclass Tutorials
DCMS - Coronavirus Community Support Fund
£9,700 25/09/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public ....more
BBC Children in Need - Grant to Talent-Ed Education
£3,000 17/06/2020
6
COVID19 - This grant will fund online tutoring for 52 children and young people from low income families at risk of not fulfilling their academic potential who are isolated at home due to Covid-19, and support them to have increased self-belief.
DCMS - VSCE CMC Fund
£3,000 03/06/2020
NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots and small organisations who can provide an ....more
BBC Children in Need - Grant to Talent-Ed Education
£29,003 28/05/2020
36
This project will provide an after school club for children from low income families at risk of not fulfilling their academic potential. The activities will help to improve engagement with education, self-belief and help them to feel more empowered.
City Bridge Trust - Grant to TalentEd
£21,900 19/05/2020
A grant of £21,900 to fund the essential and urgent costs outlined in the appliciation, so that the organisation can carry on providing support to Londoners.
Walcot Foundation - COVID19 - Tutoring
£20,900 01/05/2020
12
Talent-Ed matches experienced former teachers with disadvantaged pupils in Years 9 to 11 for small group tutoring (4 pupils per tutor). The COVID19 programme will be delivered to pupils from six Lambeth schools (to include Southbank UTC and Trinity ....more
London Borough of Southwark - Grant to TalentEd
£3,000 01/04/2020
COVID-19 community grants wave 2 grant from the Finance & Governance department
Walcot Foundation - Transformational tuition for disadvantaged students in Lambeth
£24,188 17/03/2020
12
Transformational tuition for disadvantaged students in Lambeth
Garfield Weston Foundation - Main Grants award
£25,000 28/05/2019
Increasing TalentEd's resilience and sustainability through transforming our programmes, software systems and marketing recruitment
National Lottery Community Fund - Expert tutors to realise potential
£9,895 23/05/2019
12
The project will use the funding to deliver educational workshops for young people from disadvantaged backgrounds, in order to provide support, develop skills and confidence and raise aspirations.
Dulverton Trust - Expert tutors for disadvantaged students
£31,212 13/06/2018
Expert tutors for disadvantaged students
The Clothworkers Foundation - Grant to Talent-Ed Education
£4,700 02/03/2018
purchase of laptop computers for a charity which works with disadvantaged young people in London
BBC Children in Need - Grant to Talent-Ed Education
£23,172 10/05/2017
36
This project will offer an after school club for disadvantaged children at risk of not fulfilling their academic potential. Young people will benefit through improved engagement with education, improving their life skills and developing independence.
Garfield Weston Foundation - Main Grants award
£30,000 03/05/2017
Retired teachers - an effective solution to tackle educational inequality for young people in economically disadvantaged regions of the North of England
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split
Based on 7/8 persons

Age Range of Trustees: 36-63
  • DAVID JOHN CAMPBELL Appointed: 2019, Occupation: Solicitor
  • DR CLAUDIA MARIANNE MOLLIDOR Appointed: 2019, Occupation: Social Researcher
  • DR SIMON KING Appointed: 2017, Occupation: Investment Manager
  • NEIL EHRENZWEIG Appointed: 2014, Occupation: Finance Director
  • RAPHAEL COHEN Appointed: 2014, Occupation: Accountant
  • ROWENNA ABEL Appointed: 2017, Occupation: Manager
  • RUTH BALLETT Appointed: 2016, Occupation: Manager
  • WILLIAM NEIL CARMICHAEL Appointed: 2021, Occupation: Education Provider, Business Development & Farmer
Legal constitution
  • Charitable company registered in England & Wales on 27/09/2012, number: 1149130
  • Registered at Companies House on 16/08/2012, number: 08182391
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
10 returns made; all on time
Main office

F R P ADVISORY LLP
VILLA JUBILANT
34 FALCON COURT
PRESTON FARM INDUSTRIAL ESTATE
STOCKTON-ON-TEES
TS18 3TX

Objectives

THE OBJECTS OF THE CHARITY ARE:1. THE ADVANCEMENT OF EDUCATION; AND2. THE RELIEF OF THOSE IN NEED BY REASON OF FINANCIAL HARDSHIP OR OTHER DISADVANTAGE.

Data Sources

Charity Commission for England and Wales
360 Giving

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