SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION
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.
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.
What the accounts disclose
“Income from donations: Skipton Building Society 833,500”
“The Trustees aim to reduce undistributed reserves funds to £10,000 by this year end.” — page 5
“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.”
“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.”
Funders the charity credits
- Skipton Building Society
Structured financials (annual return, FY ending 28/02/2025)
Trustees
- Clare N Gardner
- GILES RICHARD BOWRING
- Graham Hamilton
- Gregory Mark Bell
- John Cleland
- Peter Sanchez
- Robert James Hickson
- Shagufta Sharif
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHERUBY TRUST | 1 | — |
| THE NEIGHBOURLY FOUNDATION | 1 | £1.6m |
| THE MRS SMITH AND MOUNT TRUST | 1 | £36k |
| THE FORRESTER FAMILY TRUST | 1 | £15k |
| THE TRUEMARK TRUST | 1 | £7k |
| Q CHARITABLE TRUST | 1 | £5k |
| ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY | 1 | £5k |
| THE ARCHER TRUST | 1 | £5k |
Charities like this
- B&Q Foundation
- SKIPTON STEP INTO ACTION
- LEEDS BUILDING SOCIETY CHARITABLE FOUNDATION
- THE EARL OF SOUTHAMPTON TRUST
- YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION
- AL-FALAH SOCIETY (ESSAR)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | £843k | — | 0 | unclear | — | no doubt |
| B&Q Foundation | £2.8m | — | 0 | unclear | — | no doubt |
| SKIPTON STEP INTO ACTION | £185k | — | 0 | unclear | — | no doubt |
| LEEDS BUILDING SOCIETY CHARITABLE FOUNDATION | £534k | — | 0 | unclear | — | no doubt |
| THE EARL OF SOUTHAMPTON TRUST | £181k | — | 0 | above | — | no doubt |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | £665k | — | 0 | above | — | no doubt |