SPECTRUM NORTHANTS LIMITED
The charity provides day centre facilities for up to 100 service users. These facilities are set up to provide life educationexperience and preparation, where appropriate, for employment or volunteering. They are managed to providepractical skills, emotional support and to assist with personal development to enable users to achieve their potential.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income of £21,539 for the year ended 31 December 2024, with total funds carried forward standing at £1,188,602. The trustees maintain unrestricted free reserves of £226,545, which they report are maintained at a level equating to between 3 to 6 months of resources expended. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The number of emp loyees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 1 £60 ,001 - £70,000” — page 20
“The number of emp loyees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 1 £60 ,001 - £70,000” — page 20
“It is the policy of the charity to maintain unrestricted funds not committed or invested in tangible fixed assets ("the free reserves") at a level which equates to between 3 to 6 months of the resources expended.” — page 5
Corporate structure
- Registered company of the charity Companies House 03699609
Funders the charity credits
- Co-op Local Community Fund
Company officers (Companies House)
- SLAYMAKER, Mary Elizabeth on trustee list
- MERRIMAN, Simon Patrick on trustee list
- BROUGH, Gary Thomas on trustee list
- HANCOCK, Barry David on trustee list
- WILLIS, Claire Nicola on trustee list
- MABEY, Nicholas Harry on trustee list
- ALLINSON, Richard George on trustee list
- WILLIS, Geoffrey Philip William on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- MARY ELIZABETH SLAYMAKERchair
- BARRY HANCOCK
- CLAIRE NICOLA WILLIS
- GARY THOMAS BROUGH
- GEOFFREY PHILIP WILLIAM WILLIS
- NICHOLAS HARRY MABEY
- RICHARD GEORGE ALLINSON
- SIMON MERRIMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £976k | £985k |
| 31/12/2023 | £849k | £844k |
| 31/12/2022 | £720k | £689k |
| 31/12/2021 | £708k | £595k |
| 31/12/2020 | £653k | £632k |
Common questions
Is SPECTRUM NORTHANTS LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net income of £21,539 for the year ended 31 December 2024, with total funds carried forward standing at £1,188,602. The trustees maintain unrestricted free reserves of £226,545, which they report are maintained at a level equating to between 3 to 6 months of resources expended. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Shaw Gibbs (Audit) Limited.
What does the highest-paid employee of SPECTRUM NORTHANTS LIMITED earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE STEVE MORGAN FOUNDATION | 1 | £91k |
| THE JORON CHARITABLE TRUST | 1 | £20k |
| JOHN LYON'S CHARITY | 1 | £5k |
| THE A M FENTON TRUST | 1 | £3k |
| THE STEVEN BLOCH IMAGE OF DISABILITY CHARITABLE TRUST | 1 | £500 |
Charities like this
- Chesterfield and District Society for People with a Disability
- REAL CARE LTD
- Spring North Ltd.
- Aapna Services Limited
- FUN 4 KIDZ
- YOUNG PERSONS CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SPECTRUM NORTHANTS LIMITED | £976k | £60,001 - £70,000 | 1 | within | — | no doubt |
| Chesterfield and District Society for People with a Disability | £2.4m | £70,001 - £80,000 | — | above | — | no doubt |
| REAL CARE LTD | £1.8m | — | — | unclear | — | no doubt |
| Spring North Ltd. | £2.8m | Under £60,000 | 0 | above | — | no doubt |
| Aapna Services Limited | £1.2m | — | 0 | unclear | — | no doubt |
| FUN 4 KIDZ | £1.2m | — | 0 | unclear | — | no doubt |