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
Objects
TO ACT AS A RESOURCE FOR YOUNG PEOPLE UP TO THE AGE OF 25, AND VULNERABLE ADULTS UP TO THE AGE OF 30, LIVING IN THE SHEFFIELD CITY REGION AND THE SURROUNDING AREA, BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES FOR EDUCATION AND TRAINING AND OTHER ACTIVITIES AS A MEANS OF: (A) ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS; (B) ADVANCING EDUCATION; (C)RELIEVING UNEMPLOYMENT; (D)PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS.
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/04/2025
- Volunteers: 50
- Government income: £58,722 — contracts £57,264 (1), grants £1,458 (1); 24% of the £241,045 total gross income on the same return
Self-declared on the annual return for the financial year ending 30/04/2024
- Volunteers: 55
- Government income: £17,168 — contracts £17,168 (1); 9% of the £194,748 total gross income on the same return
Self-declared on the annual return for the financial year ending 30/04/2023
- Volunteers: 70
- Government income: £42,741 — grants £42,741 (1); 15% of the £282,465 total gross income on the same return
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 | |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | FY2021 | £15k | Sir Robert Geffery's Almshouse Trust |
| 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 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EAST END COMMUNITY FOUNDATION | 2 | £21k |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £543k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £127k |
| Insurance Industry Charitable Foundation UK | 1 | £81k |
| TRUST FOR LONDON | 1 | £70k |
| THE PA FOUNDATION | 1 | £25k |
| PERSONAL ASSURANCE CHARITABLE TRUST | 1 | £15k |
| DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION | 1 | £10k |
Charities like this
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WORK-WISE FOUNDATION | £241k | — | 0 | below | — | no doubt |
| THE JOBS FOUNDATION | £1.3m | £100,000 to £110,000 | — | below | — | no doubt |
| WORKTREE | £118k | — | 0 | unclear | — | no doubt |
| WORKING WELL TRUST | £2.6m | — | 0 | unclear | — | no doubt |
| SHEWISE | £135k | — | 0 | unclear | — | no doubt |
| CHARITYWORKS | £443k | — | 0 | within | — | no doubt |