SHANNON TRUST
Delivering a peer-led Reading Plan where prisoners who can read teach prisoners who cannot in prisons across England, Wales & Northern Ireland.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £584,668 at the end of the financial year, which is below the target of £50,166 set for the same date. The filing notes that the charity is dependent on securing future funding and on continued creditor support to continue its operations. The trustees have admitted that the charity's going concern status is uncertain due to these dependencies.
What the accounts disclose
Year-over-year changes
- Employees paid over £60,000: 2 (FY2024) → 0 (FY2025).
Corporate structure
- Registered company of the charity Companies House 05906258
Leadership, per the charity’s website
- Jane Rigbye — CEO
- Lucy de Groot — Chair of Trustees
- Helen Arnold-Richardson — National Operations Director
- Chris Morgan — Director of Business Support
- Kevin Orchard — Director of People
Company officers (Companies House)
- DE GROOT, Lucy Manuela not on trustee list
- MAGNAY, Diana Christina on trustee list
- SIESAGE, David Thomas on trustee list
- FOSTER DE NUNEZ, Loraine Victoria not on trustee list
- PAGE, Rebecca Isha on trustee list
- SAUNDERS, Thomas Robert on trustee list
- MARSTON, Joanna Nadine on trustee list
- SETHI, Pankaj on trustee list
- GODWIN, Ceri on trustee list
- REID, Andrew Michael on trustee list
- BATES, Brenda Rose on trustee list
- PAYNE, William on trustee list
- BENSTED, John Malcom on trustee list
- MORGAN, Christopher David
Public-sector contracts awarded
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (31/03/2022)
Trustees
- Andrew Michael Reid
- Brenda Rose Bates
- Ceri Godwin
- David Thomas Siesage
- Diana Christina Magnay
- Joanna Nadine Marston
- John Bensted
- Loraine Victoria Foster De Nunez
- Lucy Manuela de Groot
- Pankaj Sethi
- Rebecca Isha Page
- Thomas Robert Saunders
- William Idris Griffin Payne
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £3.6m | £3.7m |
| 31/12/2024 | £3.6m | £3.5m |
| 31/12/2023 | £2.5m | £2.2m |
| 31/12/2022 | £1.1m | £1.1m |
| 31/12/2021 | £790k | £756k |
Common questions
Is SHANNON TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £584,668 at the end of the financial year, which is below the target of £50,166 set for the same date. The filing notes that the charity is dependent on securing future funding and on continued creditor support to continue its operations. The trustees have admitted that the charity's going concern status is uncertain due to these dependencies. Its FY2025 accounts were audited by Nigel Bennings.
Who funds SHANNON TRUST?
Funders whose own accounts filings name SHANNON TRUST as a grant recipient include THE MICHAEL BISHOP FOUNDATION, THE JULIA RAUSING TRUST, AKO FOUNDATION, THE COLYER-FERGUSSON CHARITABLE TRUST, The Considered Ask Foundation.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/02/2024 | £499k | Development of Shannon Trust Volunteer Network |
| A B Charitable Trust | 06/10/2022 | £22k | A grant to Shannon Trust |
| A B Charitable Trust | 09/09/2021 | £20k | A grant to Shannon Trust |
| A B Charitable Trust | 08/10/2020 | £20k | A grant to Shannon Trust |
| A B Charitable Trust | 10/10/2019 | £20k | A grant to Shannon Trust |
| The National Lottery Community Fund | 20/03/2019 | £375k | A Whole Prison Approach to Reading: For Everyone, Any Time, Any Place |
| A B Charitable Trust | 25/10/2016 | £30k | Teaching non-reading prisoners to read |
| The National Lottery Community Fund | 14/11/2014 | £450k | National Reading Network |
| A B Charitable Trust | 08/07/2014 | £20k | Prisoners teaching prisoners to read |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BAND TRUST | 2 | £102k |
| THE SIR JAMES RECKITT CHARITY | 2 | £29k |
| The Keith Howard Foundation | 2 | £25k |
| THE BEATRICE LAING TRUST | 2 | £15k |
| MISS E F RATHBONE CHARITABLE TRUST | 2 | £6k |
| THE FOYLE FOUNDATION | 1 | £1.8m |
| THE MASTER CHARITABLE TRUST | 1 | £1.6m |
| IRWIN MITCHELL CHARITIES FOUNDATION | 1 | £591k |
Charities like this
- THE SHANLEY CHARITABLE TRUST
- PARTNERS OF PRISONERS AND FAMILIES SUPPORT GROUP
- READING BLUE COAT AND ARCHBISHOP LAUD CHARITABLE TRUST
- THE KEY - UNLOCK POTENTIAL
- SCHOOLREADERS
- SHREWSBURY OPPORTUNITY GROUP
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SHANNON TRUST | £3.6m | — | 0 | unclear | — | no doubt |
| THE SHANLEY CHARITABLE TRUST | £224k | — | 0 | unclear | — | no doubt |
| PARTNERS OF PRISONERS AND FAMILIES SUPPORT GROUP | £2.1m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| READING BLUE COAT AND ARCHBISHOP LAUD CHARITABLE TRUST | £199k | — | 0 | below | — | no doubt |
| THE KEY - UNLOCK POTENTIAL | £206k | — | 0 | above | — | no doubt |
| SCHOOLREADERS | £940k | more than £60,000 | 1 | within | — | no doubt |