Tick Finance Ltd

Registered charity 1144676 · accounts filings on the Charity Commission register · also known as SHED, SOCIAL HOUSING ENTERPRISE DURHAM LIMITED, THE SMARTERBUYS STORE LIMITED, Tick Money · filing overdue (register status)

'The relief of unemployment for the public benefit of communities throughout Tyne and Wear in such ways as may be thought fit, including assistance to find employment''The prevention or relief of poverty throughout the UK by providing: grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty'

Causes: Education/training · Economic/community Development/employment · Other Charitable Purposes · website · Get email alerts

Latest income
£106k
Latest spending
£107k
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity has net liabilities of £11,651 and retained earnings of the same negative amount, indicating a deficit in equity. The trustees report that the company is a not-for-profit entity and that any reserves are recirculated into charitable activities, while noting that governance arrangements are being reviewed.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: generated funds
“Incoming resources from generated funds 11,076”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £-12k)
“Any reserves are recirculated into charitable activities within The Smarterbuys Store Limited.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.

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

Insolvency history (Companies House)

The charity’s company has insolvency history on the Companies House record (company status: active).
corporate-voluntary-arrangement — 2023-02-07, 2023-04-13
Official Companies House insolvency record. Insolvency of a subsidiary does not mean the charity is insolvent.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Trustees · trustee networks

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

Operates in: Scotland · Throughout England

Income and spending

Financial year endIncomeSpending
31/10/2025——
31/10/2024£106k£107k
31/10/2023£107k£142k
31/10/2022£264k£446k
31/05/2021£479k£477k

Common questions

Is Tick Finance Ltd financially healthy?

Per its FY2024 accounts: The accounts state that the charity has net liabilities of £11,651 and retained earnings of the same negative amount, indicating a deficit in equity. The trustees report that the company is a not-for-profit entity and that any reserves are recirculated into charitable activities, while noting that governance arrangements are being reviewed. Its FY2024 accounts were independently examined.