Sheffield Flourish
Sheffield Flourish aims to support the development of enterprising ideas, enabling them to flourish into businesses that benefit well-being and can provide both volunteering and employment opportunities for people with mental health conditions.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £7,798 for the year ended 31 March 2025, resulting in total funds decreasing from £188,577 to £180,779. The trustees note that while the financial statements are prepared on a going concern basis, not all funding streams are secure, and they have a plan to reduce costs if required income is not secured. Free reserves stood at £97,071, which is above the stated policy target of £93,580.
What the accounts disclose
“The directors have set a reserves target of £93,580 for closure costs of 3 months to ensure the sustainability of our partnership organisations and the proper and orderly closure of the organisation including staff redundancy provision.” — page 7
“During the year B Stone, a trustee,was a non-executive director of Sheffield Health and Social Care Trust (SHSC). The charity received funding of £156,154 in the year. B Stone has no voting rights with SHSC was not party to the decision to provide this money.” — page 19
Trustees
- Nicholas Bax - Co-Chairchair
- Adelaide Chibanda - Co-Chair
- BRENDAN JARVIS STONE
- Ben Dorey
- Franz-von Shorter
- Katriona Mary Kendall
- PETER WALKER
- Shirin Teifouri
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £326k | £334k |
| 31/03/2024 | £387k | £374k |
| 31/03/2023 | £383k | £339k |
| 31/03/2022 | £331k | £330k |
| 31/03/2021 | £318k | £292k |
Common questions
Is Sheffield Flourish financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £7,798 for the year ended 31 March 2025, resulting in total funds decreasing from £188,577 to £180,779. The trustees note that while the financial statements are prepared on a going concern basis, not all funding streams are secure, and they have a plan to reduce costs if required income is not secured. Free reserves stood at £97,071, which is above the stated policy target of £93,580. Its FY2025 accounts were independently examined.
Who funds Sheffield Flourish?
Funders whose own accounts filings name Sheffield Flourish as a grant recipient include MAY HEARNSHAW CHARITABLE TRUST, THE J G GRAVES CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MAY HEARNSHAW CHARITABLE TRUST | FY2023 | £2k | Relief of poverty and sickness |
| THE J G GRAVES CHARITABLE TRUST | FY2022 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/09/2021 | £10k | Sheffield Flourish |
| Disability Action | 01/11/2020 | £4k | NET Coronavirus Appeal Emergency Fund for Disabled People Organisations UK-wide |
| UK government | 01/02/2019 | £25k | Women Side by Side |
| The National Lottery Community Fund | 23/02/2015 | £57k | 'Digital Hub' for Wellbeing |