Charity Accounts Intelreading the accounts so you don’t have to

The Teesside Charity

Registered charity 1140740 · accounts filings on the Charity Commission register · also known as MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION

Latest income
£620k
Latest spending
£609k
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total income of £574,233 exceeded total expenditure of £547,772, resulting in a surplus of £26,461 for the year. Per the trustees' report, unrestricted reserves stood at £343,727, with free reserves of £257,871, which the trustees consider to be within their stated policy target of six to twelve months' expenditure. The charity maintains a broad funding base and has no debt, indicating a strong financial position.

What the accounts disclose

Reserves policy: between six and twelve months' expenditure (held: £344k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between six and twelve months' expenditure.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — The Teesside Charity (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£620k
Total spending
£609k
Reserves (reported)
£356k
Employees
4

Reported reserves equal ~7.0 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Darlington · Hartlepool · Middlesbrough · North Yorkshire · Redcar And Cleveland · Stockton-on-tees

Income and spending

Financial year endIncomeSpending
31/03/2025£620k£609k
31/03/2024£574k£548k
31/03/2023£515k£554k
31/03/2022£480k£530k
31/03/2021£476k£478k

Common questions

Is The Teesside Charity financially healthy?

The accounts state that total income of £574,233 exceeded total expenditure of £547,772, resulting in a surplus of £26,461 for the year. Per the trustees' report, unrestricted reserves stood at £343,727, with free reserves of £257,871, which the trustees consider to be within their stated policy target of six to twelve months' expenditure. The charity maintains a broad funding base and has no debt, indicating a strong financial position. Its FY2024 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.

FunderSimilar charities fundedAmount to them
BAKER FAMILY CHARITABLE TRUST1£267k
MENDAN LIMITED1£27k
SAYSER DEVELOPMENTS LTD1£21k
S C K CHARITABLE TRUST1£11k
KEREN TRUST1£4k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE TEESSIDE FAMILY FOUNDATION.