CCEW Charity Commission profile

PURPOSEFUL VENTURES

Registered charity 1204622 · organisation 5213637

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
CIO
Registered
7 September 2023
Removed
Not supplied
Financial period
1 September 2024 – 31 August 2025
Latest income
£17,309,360
Latest expenditure
£16,196,192
Gift Aid
Yes
Owns or uses land
No
In administration
No
Insolvent
No
CIO
Yes

Public contact address: 1 EdCity, EdCity Walk, London, W12 7TF

Website recorded by the regulator: https://purposefulventures.org/ (displayed as text)

02 Activities

What the charity does

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.

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 September 2024
Fin Period End Date
31 August 2025
Ar Cycle Reference
AR25
Reporting Due Date
30 June 2026
Date Annual Return Received
7 May 2026
Date Accounts Received
7 May 2026
Total Gross Income
£17,309,360
Total Gross Expenditure
£16,196,192
Fin Period Start Date
7 September 2023
Fin Period End Date
31 August 2024
Ar Cycle Reference
AR24
Reporting Due Date
30 June 2025
Date Annual Return Received
27 June 2025
Date Accounts Received
27 June 2025
Total Gross Income
£22,545,588
Total Gross Expenditure
£12,641,794

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 September 2024
Fin Period End Date
31 August 2025
Ar Due Date
30 June 2026
Ar Received Date
7 May 2026
Total Gross Income
£17,309,360
Total Gross Expenditure
£16,196,192
Grant Making Is Main Activity
Yes
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
2
Count Salary Band 70001 80000
1
Count Salary Band 80001 90000
2
Count Salary Band 90001 100000
4
Count Salary Band 100001 110000
2
Count Salary Band 110001 120000
1
Count Salary Band 120001 130000
1
Count Salary Band 130001 140000
2
Count Salary Band 140001 150000
1
Count Salary Band 150001 200000
1
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
7 September 2023
Fin Period End Date
31 August 2024
Ar Due Date
30 June 2025
Ar Received Date
27 June 2025
Total Gross Income
£22,545,588
Total Gross Expenditure
£12,641,794
Grant Making Is Main Activity
Yes
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
3
Count Salary Band 70001 80000
2
Count Salary Band 80001 90000
3
Count Salary Band 140001 150000
1
Count Volunteers
0

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 September 2024
Fin Period End Date
31 August 2025
Ar Due Date
30 June 2026
Ar Received Date
7 May 2026
Income Donations And Legacies
16860028
Income Other Trading Activities
0
Income Charitable Activities
33062
Income Investments
416270
Income Other
0
Income Total Income And Endowments
17309360
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£287,332
Expenditure Charitable Expenditure
£15,908,860
Expenditure Other
0
Expenditure Total
16196192
Expenditure Investment Management
0
Expenditure Grants Institution
8295646
Expenditure Governance
36873
Expenditure Support Costs
4033739
Expenditure Depreciation
9672
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£2,204,995
Assets Total Fixed
13686
Assets Own Use
13686
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£17,661,815
Assets Total Liabilities
£6,658,482
Assets Current Investment
4873834
Assets Total Assets And Liabilities
£11,017,019
Creditors One Year Total Current
6658482
Creditors Falling Due After One Year
0
Assets Cash
£12,253,686
Funds Endowment
0
Funds Unrestricted
2204995
Funds Restricted
8812024
Funds Total
11017019
Count Employees
42
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
7 September 2023
Fin Period End Date
31 August 2024
Ar Due Date
30 June 2025
Ar Received Date
27 June 2025
Income Donations And Legacies
21988285
Income Other Trading Activities
150000
Income Charitable Activities
261468
Income Investments
145835
Income Other
0
Income Total Income And Endowments
22545588
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£12,641,794
Expenditure Other
0
Expenditure Total
12641794
Expenditure Investment Management
0
Expenditure Grants Institution
5759971
Expenditure Governance
30663
Expenditure Support Costs
3164252
Expenditure Depreciation
1886
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£1,887,169
Assets Total Fixed
21472
Assets Own Use
21472
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£14,520,377
Assets Total Liabilities
£4,638,055
Assets Current Investment
3426105
Assets Total Assets And Liabilities
£9,903,794
Creditors One Year Total Current
4638055
Creditors Falling Due After One Year
0
Assets Cash
£10,732,240
Funds Endowment
0
Funds Unrestricted
1908641
Funds Restricted
7995153
Funds Total
9903794
Count Employees
26
Charity Only Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Region
Geographic Area Description
Throughout England And Wales
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Ireland
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Europe
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
United States
Parent Geographic Area Type
Continent
Parent Geographic Area Description
North America
Welsh Ind
No

07 Official extract

Charity Classification

Classification Code
308
Classification Type
How
Classification Description
Sponsors Or Undertakes Research
Classification Code
302
Classification Type
How
Classification Description
Makes Grants To Organisations
Classification Code
109
Classification Type
What
Classification Description
Arts/culture/heritage/science
Classification Code
201
Classification Type
Who
Classification Description
Children/young People
Classification Code
306
Classification Type
How
Classification Description
Provides Services
Classification Code
101
Classification Type
What
Classification Description
General Charitable Purposes
Classification Code
102
Classification Type
What
Classification Description
Education/training
Classification Code
205
Classification Type
Who
Classification Description
Other Charities Or Voluntary Bodies

08 Official extract

Charity Event History

Charity Name
PURPOSEFUL VENTURES
Charity Event Order
1
Event Type
CIO registration
Date Of Event
2023-09-07T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description
CIO - FOUNDATION Registered 07 Sep 2023
Charitable Objects
THE OBJECTS OF THE CIO ARE, FOR THE PUBLIC BENEFIT:1) TO ADVANCE EDUCATION; AND2) TO RELIEVE THOSE IN NEED BY REASON OF YOUTH, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE,IN SUCH MANNER AS THE CHARITY TRUSTEES MAY FROM TIME TO TIME DETERMINE, INCLUDING THROUGH PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE FULL PARTICIPATION IN SOCIETY.

10 Official extract

Charity Policy

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