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

Objects

THE FURTHERANCE OF SUCH CHARITABLE PURPOSES (CHARITABLE UNDER THE LAW OF ENGLAND AND WALES) FOR THE BENEFIT OF THE PUBLIC AS THE DIRECTORS SEE FIT FROM TIME TO TIME IN PARTICULAR BUT NOT LIMITED TO:(A) THE PREVENTION OR RELIEF OF POVERTY; (B) SUPPORTING THE WORK OF CHARITIES OR FURTHERING CHARITABLE PURPOSES FALLING UNDER THE DESCRIPTION OF CHARITABLE PURPOSES THAT IS THE ADVANCEMENT OF CITIZENSHIP OR COMMUNITY DEVELOPMENT IN PARTICULAR PROMOTING COMMUNITY CAPACITY BUILDING AND URBAN AND RURAL REGENERATION; (C) THE ADVANCEMENT OF EDUCATION; AND(D) THE RELIEF OF THOSE IN NEED BY REASON OF AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Registered contact address: Vale of Glamorgan, Wales (from the postcode on the register)

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

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

In its annual return the charity told the Commission it is also regulated by: Financial Conduct Authority. This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• 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
• Investment
• Paying staff
• Risk management
• Safeguarding policy and procedures
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Source: this charity’s annual returns on the Charity Commission register.

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)

Reported reserves equal ~2.5 months of spending — in the bottom quarter for charities its size (median 7.2 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 — above the median for charities its size (3.2%) (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

Common questions

Known funders

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

Government & lottery funding

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

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with PRIORITY MANAGEMENT LTD.

• PRIORITY MANAGEMENT LTD income £66k
• BLUEPRINT TRUST income £122k
• PARTNERSHIP FOR GROWTH income £1.3m
• PEOPLE MATTER TRUST income £452k
• SUPPORTING LIVES income £134k
• THE PUEBLA CHARITABLE TRUST LIMITED income £68k

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.