PURPLE SHOOTS BUSINESS LENDING LTD

Registered charity 1155385 · accounts filings on the Charity Commission register · also known as PURPLE SHOOTS

Tackling poverty and unemployment through microfinance and establishing self-reliant groups

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income

£450k

Latest spending

£563k

Registered

2014

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a deficit of £112,714, resulting in total unrestricted reserves decreasing to £24,539. The trustees confirm that the financial statements are prepared on a going concern basis, asserting that future reserves and income are sufficient to meet current commitments.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months' activity (held: £25k)

“Cash levels are monitored on a month by month basis to ensure that there is sufficient cash available for at least three months’ activity” — page 10

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Purple Shoots Business Lending (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/07/2024)

Total income

£703k

Total spending

£665k

Cost of raising funds

£70k

Reserves (reported)

£137k

Employees

Reported reserves equal ~2.5 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (84% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 10.0% of total income — in the top quarter for charities its size (median 2.9%) (benchmarks).

Trustees · trustee networks

Catherine Anne Healey · trustee of 1 other charity
Guto Davies
Professor Olga Biosca-Artinano
Samuel Patrick Sutherland Williams · trustee of 1 other charity
Timothy Stumpff · trustee of 1 other charity

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

Operates in: Throughout Wales

Income and spending

Financial year end	Income	Spending
31/07/2025	£450k	£563k
31/07/2024	£703k	£665k
31/07/2023	£647k	£643k
31/07/2022	£697k	£603k
31/07/2021	£158k	£325k

Common questions

Is PURPLE SHOOTS BUSINESS LENDING LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a deficit of £112,714, resulting in total unrestricted reserves decreasing to £24,539. The trustees confirm that the financial statements are prepared on a going concern basis, asserting that future reserves and income are sufficient to meet current commitments. Its FY2025 accounts were independently examined.

Who funds PURPLE SHOOTS BUSINESS LENDING LTD?

Funders whose own accounts filings name PURPLE SHOOTS BUSINESS LENDING LTD as a grant recipient include THE HOSKING CHARITABLE TRUST, MOONDANCE FOUNDATION, THE CINNAMON NETWORK, THE BISHOP RADFORD TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
THE HOSKING CHARITABLE TRUST	FY2022	£80k
MOONDANCE FOUNDATION	FY2022	£29k	Causes in Wales
MOONDANCE FOUNDATION	FY2023	£25k
THE CINNAMON NETWORK	FY2023	£25k	Project incubation grant
THE CINNAMON NETWORK	FY2022	£25k	Project incubation grant
THE HOSKING CHARITABLE TRUST	FY2025	£20k
THE BISHOP RADFORD TRUST	FY2023	£20k	To help grow and spread our self-reliant groups, reaching more people and working with more organisations and churches.
THE BISHOP RADFORD TRUST	FY2022	£20k	To help us to grow and spread our self-reliant groups, reaching more people and working with more organisations and churches.
THE BISHOP RADFORD TRUST	FY2024	£20k	Providing Godly employment for those with barriers to work in Nottingham through Radiant Cleaners and Jubilee Events, and more recently Half the Story.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
The National Lottery Community Fund	17/01/2023	£9k	Self Reliant Groups (SRGs) Wales
Postcode Lottery	27/05/2022	£100k	Growing microfinance in the UK
UK government	04/09/2020	£10k	Coronavirus Community Support Fund
The National Lottery Community Fund	20/07/2020	£10k	COVID-19 - Self Reliant Groups - Wales
UK government	10/08/2017	£87k	Savers Support Fund
UK government	01/08/2017	£87k	Savers Support Fund
UK government	—	£87k	Savers Support Fund