SYAC LTD

Registered charity 1125770 · accounts filings on the Charity Commission register · also known as SOUTH YORKSHIRE AFRICAN CARIBBEAN BUSINESS AND ENTERPRISE TRAINING CENTRE LIMITED

TO PROMOTE THE ADVANCEMENT OF BLACK AND ETHNIC MINORITIES AND OTHER COMMUNITIES IN THE SETTING UP OF BUSINESSES WITHIN THE GEOGRAPHICAL AREAS OF SHEFFIELD.

Causes: Education/training · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Economic/community Development/employment · website · Get email alerts

Latest income

£210k

Latest spending

£163k

Registered

2008

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted net assets increased to £206,648, up from £159,790 in the prior year, driven by a net surplus of £46,858 against incoming resources of £209,750. The trustees report significant operational challenges regarding the expiry of the lease for the charity's building, noting that consultations with Sheffield City Council and solicitors are ongoing to secure an extension. Despite these strategic risks, the charity remains solvent with no current liabilities exceeding assets.

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

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

MICHAEL EDGAR ATKINSchair
EKWAEJU COLIN OHWOISI
JULIUS ELIAS KENNEDY MBE
LEROY WENHAM
LUNGANI SIBANDA
ROBERT GUNTER
Sybil Florenteina Roach-Tennant

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

Operates in: Sheffield City

Income and spending

Financial year end	Income	Spending
31/03/2025	£210k	£163k
31/03/2024	£190k	£162k
31/03/2023	£180k	£150k
31/03/2022	£150k	£132k
31/03/2021	£100k	£102k

Common questions

Is SYAC LTD financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted net assets increased to £206,648, up from £159,790 in the prior year, driven by a net surplus of £46,858 against incoming resources of £209,750. The trustees report significant operational challenges regarding the expiry of the lease for the charity's building, noting that consultations with Sheffield City Council and solicitors are ongoing to secure an extension. Despite these strategic risks, the charity remains solvent with no current liabilities exceeding assets. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
The National Lottery Community Fund	17/08/2018	£10k	All Round Project

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.

Funder	Similar charities funded	Amount to them
THE FOOTBALL FOUNDATION	1	£525k
CHURCH BURGESSES TRUST	1	£3k
SHEFFIELD TOWN TRUST	1	£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE TERMINUS INITIATIVE.

THE TERMINUS INITIATIVE income £243k
SHEFFIELD CITY TRUST income £34.3m
THE SHAFTESBURY HOMES AND ARETHUSA income £277k
SHEFFIELD UNITED COMMUNITY FOUNDATION income £2.5m
RYECROFT NRC income £231k
THE UNITY CENTRE LIMITED income £1.2m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
SYAC LTD	£210k	—	0	unclear	—	no doubt
THE TERMINUS INITIATIVE FY2025	£243k	—	0	unclear	—	no doubt
SHEFFIELD CITY TRUST FY2025	£34.3m	—	—	unclear	—	noted
THE SHAFTESBURY HOMES AND ARETHUSA FY2025	£277k	—	0	unclear	—	no doubt
SHEFFIELD UNITED COMMUNITY FOUNDATION FY2025	£2.5m	£70,001 - £80,000	1	above	—	no doubt
RYECROFT NRC FY2024	£231k	—	0	unclear	—	no doubt

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