TENBURY NILS SCHEME
The Tenbury NILS (No Interest Loan Scheme) is a project which seeks to assist the most disadvantaged and vulnerable people living in our community. It offers interest free loans to people who would otherwise not be able to access commercial credit, for reasons of unemployment, benefit recipients or people who are in receipt of a low income.
Financial health, per its FY2025 accounts
The charity reported total funds of £266,701, an increase from £197,597 in the prior year, driven by unrestricted income and investment gains. The trustees noted that while charitable funding was secured, securing funds for running costs remains a significant challenge amid high demand. The accounts were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
Register events
- Received assets from another charity (10/06/2017)
Trustees
- David Stevenschair
- Gary Timlin
- Rev Mark John Inglis
- Susan Harrison-Stone
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £235k | £170k |
| 31/03/2024 | £181k | £203k |
| 31/03/2023 | £126k | £185k |
| 31/03/2022 | £292k | £85k |
| 31/03/2021 | £113k | £83k |
Common questions
Is TENBURY NILS SCHEME financially healthy?
Per its FY2025 accounts: The charity reported total funds of £266,701, an increase from £197,597 in the prior year, driven by unrestricted income and investment gains. The trustees noted that while charitable funding was secured, securing funds for running costs remains a significant challenge amid high demand. The accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.
Who funds TENBURY NILS SCHEME?
Funders whose own accounts filings name TENBURY NILS SCHEME as a grant recipient include SMALLWOOD TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SMALLWOOD TRUST | FY2021 | £48k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 18/06/2021 | £10k | Outreach Community Network |
| UK government | 25/06/2020 | £10k | Coronavirus Community Support Fund |