SHAREDIMPACT
SharedImpact's mission is to improve the financial efficiency and effectiveness of charities and social enterprises. We do this in a variety of ways - principally by acting as a social financial intermediary, seeking to build a robust social investment market.
Objects
THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE SPECIFICALLY RESTRICTED TO THE PROMOTION OF THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES AND THE EFFECTIVE USE OF RESOURCES BY CHARITABLE AND NON CHARITABLE BODIES FOR SUCH PURPOSES IN ANY PART OF THE WORLD AS ARE EXCLUSIVELY CHARITABLE IN ACCORDANCE WITH THE LAWS OF ENGLAND AND WALES, BY INTERVENING TO HELP RESTRUCTURE DEBT ACCRUED TO FURTHER CHARITABLE PURPOSES AND BY HELPING CHARITIES AND NON CHARITABLE BODIES PURSUING A CHARITABLE PURPOSE TO ACCESS FUNDING SOLUTIONS TO HELP THEM TO THRIVE FOR THE BENEFIT OF THE PUBLIC.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £876,489 at the year end, which significantly exceeds its stated short-term target of £20,000. The charity reported a net income surplus of £4,450 for the year, supported by increased donations and investment income. The trustees confirmed that the charity has adequate resources to continue in operation for at least twelve months.
What the accounts disclose
“In the short term, the charity has minimal core costs and no staff or premises to support and has targeted a minimal level of reserves to cover these costs, which for the financial year ended 31 March 2025 was £20,000.”
“At the balance sheet date a Trustee was owed £47,000 (2024: £91,000) by the charity. This is repayable on demand, no interest is charged on the loan.” — page 17
“At the balance sheet date Sharedlmpact Foundation (UK) Limited, a charity registered in England and Wales with common Trustees, owed the charity £1,000 (2024: £1,000). During the year the charity also received donations of £188,772 (2024: £145,000) via Sharedlmpact Foundation (UK) Limited.” — page 17
“At the balance sheet date a Trustee was owed £47,000 (2024: £91,000) by the charity. This is repayable on demand, no interest is charged on the loan.” — page 17
“At the balance sheet date Sharedlmpact Foundation (UK) Limited, a charity registered in England and Wales with common Trustees, owed the charity £1,000 (2024: £1,000). During the year the charity also received donations of £188,772 (2024: £145,000) via Sharedlmpact Foundation (UK) Limited.” — page 17
“At the balance sheet date a Trustee was owed £47,000 (2024: £91,000) by the charity. This is repayable on demand, no interest is charged on the loan.” — page 17
“At the balance sheet date Sharedlmpact Foundation (UK) Limited, a charity registered in England and Wales with common Trustees, owed the charity £1,000 (2024: £1,000). During the year the charity also received donations of £188,772 (2024: £145,000) via Sharedlmpact Foundation (UK) Limited.” — page 17
“The charity's trading subsidiary, Sharedlmpact Ventures Limited, incurred all administration and support costs in the year.” — page 17
Charity Commission inquiry
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 2
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 2
- Has a trading subsidiary
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 3 were received after the due date: year ending 31/03/2023 (received 06/01/2025, 341 days after the 31/01/2024 due date); year ending 31/03/2022 (received 06/12/2024, 675 days after the 31/01/2023 due date); year ending 31/03/2021 (received 07/07/2022, 157 days after the 31/01/2022 due date).
Structured financials (annual return, FY ending 31/03/2021)
Register events
- Received assets from another charity (24/04/2018)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £347k | £343k |
| 31/03/2024 | £192k | £200k |
| 31/03/2023 | £123k | £160k |
| 31/03/2022 | £111k | £124k |
| 31/03/2021 | £1.2m | £661k |
Common questions
Is SHAREDIMPACT financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £876,489 at the year end, which significantly exceeds its stated short-term target of £20,000. The charity reported a net income surplus of £4,450 for the year, supported by increased donations and investment income. The trustees confirmed that the charity has adequate resources to continue in operation for at least twelve months. Its FY2025 accounts were independently examined.
Who funds SHAREDIMPACT?
Funders whose own accounts filings name SHAREDIMPACT as a grant recipient include SHAREDIMPACT FOUNDATION (UK) LIMITED.
Shared trustees with funders
- Bob North — trustee here and at SHAREDIMPACT FOUNDATION (UK) LIMITED
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SHAREDIMPACT FOUNDATION (UK) LIMITED | FY2025 | £189k | |
| SHAREDIMPACT FOUNDATION (UK) LIMITED | FY2024 | £150k | |
| SHAREDIMPACT FOUNDATION (UK) LIMITED | FY2023 | £95k | |
| SHAREDIMPACT FOUNDATION (UK) LIMITED | FY2022 | £70k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/09/2021 | £10k | Bill Quay Community Growing Project |
| Community Foundation North East | 04/04/2017 | £5k | Real Skills in Work |
| Community Foundation North East | 24/02/2017 | £4k | Towards Building skills - Building health |
| Community Foundation North East | 09/02/2017 | £2k | Towards Gateshead Young Farmer's |
| Community Foundation North East | 14/07/2016 | £4k | Towards Farming for our Future |
| Community Foundation North East | 18/11/2015 | £4k | Towards Skills for Work and Life: Recovery from mental illness |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE EVAN CORNISH FOUNDATION | 2 | £28k |
| THE BEATRICE LAING TRUST | 2 | £13k |
| This Day Foundation | 1 | £1.8m |
| THE KIAWAH CHARITABLE TRUST | 1 | £873k |
| THE CAMELLIA FOUNDATION | 1 | £115k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £70k |
| THE KIRBY LAING FOUNDATION | 1 | £70k |
| MARR-MUNNING TRUST | 1 | £30k |
Charities like this
- SHAREDIMPACT FOUNDATION (UK) LIMITED
- SHARED INTEREST FOUNDATION
- SPRING IMPACT
- SHARED EXPERIENCE LIMITED
- IMPACT FOUNDATION
- THE SOCIAL MARKET FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SHAREDIMPACT | £347k | — | 0 | unclear | — | no doubt |
| SHAREDIMPACT FOUNDATION (UK) LIMITED | £326k | — | — | unclear | — | no doubt |
| SHARED INTEREST FOUNDATION | £683k | — | 0 | above | 3.5% | no doubt |
| SPRING IMPACT | £3.5m | £160,001 - £170,000 | 10 | above | — | no doubt |
| SHARED EXPERIENCE LIMITED | £55k | — | 0 | unclear | — | no doubt |
| IMPACT FOUNDATION | £2.2m | more than £70,000 | 1 | below | — | no doubt |