SHAREDIMPACT
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £8,133 for the year, resulting in a decrease in unrestricted reserves from £880,172 to £872,039. The trustees acknowledge that the financial statements were filed significantly later than anticipated, noting that their actions fell below the required level of governance. Despite this, the trustees remain confident in the charity's ability to continue as a going concern, citing minimal overheads and adequate resources to meet obligations.
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 2023 was £20,000.”
“At the balance sheet date a Trustee was owed £91,000 (2023: £91,000) by the charity. This is repayable on demand, no interest is charged on the loan.” — page 16
“The charity's trading subsidiary, Sharedlmpact Ventures Limited, incurred all administration and support costs in the year. A management charge of £ 11,010 (2023: £8,000) was re-charged to the charity to cover all administrative and support costs incurred by the trading subsidiary.” — page 16
“At the balance sheet date a Trustee was owed £91,000 (2023: £91,000) by the charity. This is repayable on demand, no interest is charged on the loan.” — page 16
“The charity's trading subsidiary, Sharedlmpact Ventures Limited, incurred all administration and support costs in the year. A management charge of £ 11,010 (2023: £8,000) was re-charged to the charity to cover all administrative and support costs incurred by the trading subsidiary.” — page 16
“At the balance sheet date a Trustee was owed £91,000 (2023: £91,000) by the charity. This is repayable on demand, no interest is charged on the loan.” — page 16
“The charity's trading subsidiary, Sharedlmpact Ventures Limited, incurred all administration and support costs in the year. A management charge of £ 11,010 (2023: £8,000) was re-charged to the charity to cover all administrative and support costs incurred by the trading subsidiary.” — page 16
“The charity acknowledges that the.financial statements have been filed significantly later than anticipated and their actions have fallen below the required level of governance required from the Trustees.” — page 5
“The charity's trading subsidiary, Sharedlmpact Ventures Limited, incurred all administration and support costs in the year.” — page 16
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?
The accounts state that the charity reported a net expenditure of £8,133 for the year, resulting in a decrease in unrestricted reserves from £880,172 to £872,039. The trustees acknowledge that the financial statements were filed significantly later than anticipated, noting that their actions fell below the required level of governance. Despite this, the trustees remain confident in the charity's ability to continue as a going concern, citing minimal overheads and adequate resources to meet obligations. Its FY2024 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 |
|---|---|---|
| SHAREDIMPACT FOUNDATION (UK) LIMITED | FY2024 | £150k |
| SHAREDIMPACT FOUNDATION (UK) LIMITED | FY2023 | £95k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHARLES LEWIS FOUNDATION | 1 | £108k |
| THE FRANK JACKSON FOUNDATION | 1 | £90k |
| REARDON SMITH NAUTICAL TRUST | 1 | £81k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £24k |
| THE CLARE MILNE TRUST | 1 | £10k |
| THE GOSLING FOUNDATION LIMITED | 1 | £10k |
| THE STERRY FAMILY FOUNDATION | 1 | £6k |
| THE FARRINGDON HOUSE SCHOOL CHARITABLE TRUST | 1 | £5k |