WORK-WISE FOUNDATION
Work-wise is an employer inspired and led initiative for science, technology, engineering, manufacturing and related sectors to support the development of young people so they have the knowledge, skills, aptitude and opportunities for employment within the Sheffield City Region
Financial health, per its FY2025 accounts
The accounts state that the charity reported a small loss of £1,507 for the year ended 30 April 2025, with total income of £241,045 and total expenditure of £242,552. Per the trustees' report, unrestricted reserves stood at £22,416, which is below the stated short-term policy target of up to £35,000. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Trustees’ aim to have reserves of up to £35,000 in the short term. This amount is broadly equivalent to three months fixed costs and will allow the Charity to respond to any short-term fluctuations in income.” — page 9
“C Hudson, a trustee of the company, is also a director of Chimo Sheffield (Manufacturing) Limited. The charitable company recognised a reimbursed expense of £nil (2024: £nil) in relation to Chimo Sheffield (Manufacturing) Limited.” — page 27
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £241k | £243k |
| 30/04/2024 | £195k | £223k |
| 30/04/2023 | £282k | £245k |
| 30/04/2022 | £199k | £184k |
| 30/04/2021 | £98k | £97k |
Common questions
Is WORK-WISE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a small loss of £1,507 for the year ended 30 April 2025, with total income of £241,045 and total expenditure of £242,552. Per the trustees' report, unrestricted reserves stood at £22,416, which is below the stated short-term policy target of up to £35,000. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds WORK-WISE FOUNDATION?
Funders whose own accounts filings name WORK-WISE FOUNDATION as a grant recipient include SIR ROBERT GEFFERY'S ALMSHOUSE TRUST, SHEFFIELD TOWN TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | FY2025 | £15k | |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | FY2022 | £15k | STEM/General |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | FY2023 | £15k | Grant funding of activities |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | FY2024 | £15k | |
| SHEFFIELD TOWN TRUST | FY2025 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 16/05/2019 | £10k | 'Get up to Speed' Summer Academy |