ELEMENT SOCIETY
Element Society's objective is the advancement in life of young people by providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.
Financial health, per its FY2024 accounts
The accounts state that free reserves stood at £93,810, which is above the stated policy target of approximately £65,000. The trustees report a reasonable expectation that the charity will continue to operate as a going concern, citing a strong track record of obtaining funding and maintaining robust relationships with local authorities.
What the accounts disclose
“As of 31 December 2024, the reserves target was approximately £65,000 whilst free reserves (general funds excluding fixed assets) stood at £93,810.” — page 7
“The charity holds 100 shares of £1 each in its wholly owned trading subsidiary MakeDough C.I.C, which is incorporated in the United Kingdom, registered company 14302135” — page 17
Trustees
- IAN ALEXANDER BALSHAW
- Samantha Headford
- Sami Eric
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £205k | £235k |
| 31/12/2023 | £198k | £288k |
| 31/12/2022 | £397k | £392k |
| 31/12/2021 | £436k | £344k |
| 31/12/2020 | £277k | £244k |
Common questions
Is ELEMENT SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that free reserves stood at £93,810, which is above the stated policy target of approximately £65,000. The trustees report a reasonable expectation that the charity will continue to operate as a going concern, citing a strong track record of obtaining funding and maintaining robust relationships with local authorities. Its FY2024 accounts were independently examined.
Who funds ELEMENT SOCIETY?
Funders whose own accounts filings name ELEMENT SOCIETY as a grant recipient include SHEFFIELD AND BALBY AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS, MAY HEARNSHAW CHARITABLE TRUST, SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION, MAGDALEN HOSPITAL TRUST, SHEFFIELD TOWN TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SHEFFIELD AND BALBY AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS | FY2024 | £6k | Non-Quaker |
| MAY HEARNSHAW CHARITABLE TRUST | FY2025 | £3k | Other grants |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | FY2023 | £3k | |
| MAGDALEN HOSPITAL TRUST | FY2026 | £2k | |
| SHEFFIELD TOWN TRUST | FY2023 | £2k | Non-recurring grant |
| THE EARL FITZWILLIAM CHARITABLE TRUST | FY2025 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/03/2026 | £77k | Street Reach Xtra |
| The National Lottery Community Fund | 23/09/2025 | £20k | Street Reach |
| The National Lottery Community Fund | 28/07/2023 | £10k | MH - ChillZone |
| The National Lottery Heritage Fund | 05/06/2023 | £71k | "Heritage through food - Root to Table" |
| UK government | 09/10/2020 | £49k | Coronavirus Community Support Fund |
| The National Lottery Heritage Fund | 03/08/2020 | £50k | "COVID19: Element Society" |
| The National Lottery Heritage Fund | 21/03/2019 | £36k | "Displaced Migrants Living History: Young people recording displaced migrant heritage" |
| The National Lottery Community Fund | 17/06/2015 | £10k | The Studio |