TEN North East Limited
To raise aspirations and create better prospects by supporting individuals to become resilient, confident, ambitious and independant under our vision of "Your Future - Our Business". To achieve the objectives of the charity through the provision of education and vocational training, provide counselling and advisory services and assist with advice and information to both individuals and charities.
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £78,894, with unrestricted reserves at £48,632. The trustees report that the charity has adequate resources to continue in operational existence and secured a tender from South Tyneside Council to provide a secure footing for the next three years.
What the accounts disclose
“The Trustees are, therefore, mindful to retain such reserves as to meet all day to day running costs of the Charity.”
“The charity has taken exemption from disclosing transactions with its parent company Groundwork South and North Tyneside. There were no other related party transactions in the year or prior year.” — page 22
Trustees
- Alexandra Laverick
- Jeremy Robert Cripps
- John Short
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £282k | £252k |
| 31/03/2024 | £128k | £141k |
| 31/03/2023 | £306k | £304k |
| 31/03/2022 | £238k | £232k |
| 31/03/2021 | £254k | £259k |
Common questions
Is TEN North East Limited financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £78,894, with unrestricted reserves at £48,632. The trustees report that the charity has adequate resources to continue in operational existence and secured a tender from South Tyneside Council to provide a secure footing for the next three years. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 20/03/2024 | £375k | South Tyneside Young Carers Respite Support Service |
| The National Lottery Community Fund | 21/04/2023 | £10k | Young Carers Family Peer Support Network |
| Crowdfunder | 05/05/2022 | £9k | Local Action Fund |
| The National Lottery Community Fund | 30/04/2020 | £10k | Covid-19 Response |
| The National Lottery Community Fund | 22/11/2018 | £214k | South Tyneside Young Carers Project Active Involvement and Integration |
| The National Lottery Community Fund | 11/11/2009 | £565k | PETS (Personalised Employment and Training Support) |
| Northern Rock Foundation | 17/06/2008 | £3k | Grant awarded to South Tyneside Training and Enterprise Network (Tyne & Wear) |
| Northern Rock Foundation | 09/05/2000 | £50k | Grant awarded to South Tyneside Training and Enterprise Network (Tyne & Wear) |