SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION

Registered charity 1079538 · accounts filings on the Charity Commission register

The charity has identified two focus areas through which it aims to drive social impact. Helping people experiencing hardship and/or underserved groups to access a place to call home and improve financial wellbeing. The trustees will select charities based on their alignment with one or both focus areas.

Causes: General Charitable Purposes · Education/training · Accommodation/housing · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£843k
Latest spending
£588k
Registered
2000
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted reserves of £271,500, which are available for future expenditure. The Trustees consider the charity to have adequate financial resources to continue fulfilling its purpose, supported by an approved annual donation of £477,881 for the 2025/26 financial year. The charity's reserves policy is to distribute all funds subject to suitable requests, aiming to reduce undistributed reserves to £10,000, though the current level of £271,500 is significantly above this target.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Skipton Building Society (99% of income)
“Income from donations: Skipton Building Society 833,500”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £10,000 (held: £272k)
“The Trustees aim to reduce undistributed reserves funds to £10,000 by this year end.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Skipton Building Society
“During the year, the charity received donations of £833,500 (2024: £350,000) and bank interest of £9,605 (2024: £11,733) from Skipton Building Society.” — page 18
“In addition, Ms Sharif was an employee of Skipton Building Society and Mr Bell was an employee of Skipton Business Finance — a subsidiary of Skipton Building Society — during the period.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee employment by related parties
“During the year, the charity received donations of £833,500 (2024: £350,000) and bank interest of £9,605 (2024: £11,733) from Skipton Building Society.” — page 18
“In addition, Ms Sharif was an employee of Skipton Building Society and Mr Bell was an employee of Skipton Business Finance — a subsidiary of Skipton Building Society — during the period.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Structured financials (annual return, FY ending 28/02/2025)

Total income
£843k
Total spending
£588k
Reserves (reported)
£272k
Employees
0

Reported reserves equal ~5.5 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland

Income and spending

Financial year endIncomeSpending
28/02/2025£843k£588k
29/02/2024£362k£452k
28/02/2023£353k£294k
28/02/2022£200k£235k
28/02/2021£155k£157k

Common questions

Is SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £271,500, which are available for future expenditure. The Trustees consider the charity to have adequate financial resources to continue fulfilling its purpose, supported by an approved annual donation of £477,881 for the 2025/26 financial year. The charity's reserves policy is to distribute all funds subject to suitable requests, aiming to reduce undistributed reserves to £10,000, though the current level of £271,500 is significantly above this target. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with B&Q Foundation.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION£843k—0unclear—no doubt
B&Q Foundation FY2026£2.8m—0unclear—no doubt
SKIPTON STEP INTO ACTION FY2025£185k—0unclear—no doubt
LEEDS BUILDING SOCIETY CHARITABLE FOUNDATION FY2025£534k—0unclear—no doubt
THE EARL OF SOUTHAMPTON TRUST FY2024£181k—0above—no doubt
YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION FY2025£665k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.