THE SHOE ZONE TRUST
The Trust makes grants and donations to other charities to relieve financial hardship and poverty and/or advancement of education, mainly for children and young persons under age 18 particularly in Leicestershire and Rutland and for certain charities in the Philippines and other countries.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds stood at £1,514,378, with no stated reserves policy target. The charity reported total income of £588,649 and charitable expenditure of £357,418, resulting in a net movement in funds of £231,231. The trustees confirmed the charity is a going concern with adequate resources for the foreseeable future.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ANTHONY EDWARD PENNINGTON SMITH
- JOHN CHARLES PENNINGTON SMITH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £589k | £357k |
| 31/12/2023 | £754k | £282k |
| 31/12/2022 | £672k | £314k |
| 31/12/2021 | £320k | £238k |
| 31/12/2020 | £162k | £212k |
Common questions
Is THE SHOE ZONE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds stood at £1,514,378, with no stated reserves policy target. The charity reported total income of £588,649 and charitable expenditure of £357,418, resulting in a net movement in funds of £231,231. The trustees confirmed the charity is a going concern with adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BLAKEY FOUNDATION | 1 | — |
| MAKERS OF PLAYING CARDS CHARITY | 1 | — |
| The Ethos Foundation | 1 | £3.5m |
| The Caring Family Foundation | 1 | £410k |
| THE MIKHEEV CHARITABLE TRUST | 1 | £305k |
| B&Q Foundation | 1 | £210k |
| THE WESTMINSTER FOUNDATION | 1 | £152k |
| QUINTESSENTIALLY FOUNDATION | 1 | £115k |
Charities like this
- A Z H R CHARITABLE TRUST
- THE RED SOCKS CHARITABLE TRUST
- LEVEL TRUST
- YORK CHILDREN'S TRUST
- THE ZOOM ZOOM TRUST
- LONDON YOUTH SPORTS TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SHOE ZONE TRUST | £589k | — | 0 | unclear | — | no doubt |
| A Z H R CHARITABLE TRUST | £164k | — | 0 | unclear | — | no doubt |
| THE RED SOCKS CHARITABLE TRUST | £41k | — | 0 | unclear | — | no doubt |
| LEVEL TRUST | £381k | — | 0 | unclear | 3.9% | no doubt |
| YORK CHILDREN'S TRUST | £107k | — | 0 | unclear | — | no doubt |
| THE ZOOM ZOOM TRUST | £512k | — | 0 | unclear | — | no doubt |