WE MIND THE GAP

Registered charity 1161504 · accounts filings on the Charity Commission register · also known as MONEYPENNY FOUNDATION

WeMindTheGap bridges the gap between young people aged 16 -25 yrs, disadvantaged by their circumstances, and the wider community in the North West including North Wales, Cheshire, Merseyside & Manchester. Through the provision of totally holistic, paid traineeships the aim is to give new opportunities in life and work which address any gaps in maturation, aspiration, confidence, care and skills.

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

Latest income
£910k
Latest spending
£924k
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £14,094 for the period, resulting in a decrease in total funds from £407,059 to £392,965. The trustees maintain that the charity has adequate resources to continue in operational existence, with free reserves calculated at £146,200. Financial sustainability is identified as the major financial risk, which the trustees aim to mitigate through their five-year business plan.

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

What the accounts disclose

Reserves policy: three months of unrestricted charitable expenditure (held: £146k)
“The Charity’s aim is to maintain reserves in unrestricted funds at a level which equates to at least three months of unrestricted charitable expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£910k
Total spending
£924k
Cost of raising funds
£168
Reserves (reported)
£146k
Employees
27

Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (91% 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: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Denbighshire · Flintshire · Knowsley · Liverpool City · Manchester City · Wrexham

Income and spending

Financial year endIncomeSpending
31/03/2025£910k£924k
30/04/2024£922k£894k
30/04/2023£954k£781k
30/04/2022£917k£1.1m
30/04/2021£930k£663k

Common questions

Is WE MIND THE GAP financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £14,094 for the period, resulting in a decrease in total funds from £407,059 to £392,965. The trustees maintain that the charity has adequate resources to continue in operational existence, with free reserves calculated at £146,200. Financial sustainability is identified as the major financial risk, which the trustees aim to mitigate through their five-year business plan. Its FY2025 accounts were independently examined.

Who funds WE MIND THE GAP?

Funders whose own accounts filings name WE MIND THE GAP as a grant recipient include THE WESTMINSTER FOUNDATION, RE:VISION NORTH LIMITED, THE ALBERT GUBAY CHARITABLE FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE WESTMINSTER FOUNDATIONFY2024£99kFunding for the WeInspire programme to offer holistic support to pupils and their parents in Chester and Cheshire West. This will improve confidence, social anx
RE:VISION NORTH LIMITEDFY2022£28krelief of unemployment and the provision of training and employment opportunities
RE:VISION NORTH LIMITEDFY2023£26krelief of unemployment and provision of training and employment opportunities
THE ALBERT GUBAY CHARITABLE FOUNDATIONFY2023£25k
RE:VISION NORTH LIMITEDFY2025£16kRelief of unemployment and provision of training/employment opportunities
RE:VISION NORTH LIMITEDFY2024£10krelief of unemployment and the provision of training and employment opportunities

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund03/02/2023£10kWeBelong community project
The National Lottery Community Fund25/10/2022£10kWeBelong
Postcode Lottery27/07/2022£25kProgramme to provide opportunities in life and work to disadvantaged young peopl
The National Lottery Community Fund31/07/2020£60kCovid-19 WeMindTheGap's Future Factory
The National Lottery Community Fund17/12/2018£1.1mWe Mind The Gap replication and growth project
The National Lottery Community Fund16/05/2018£42kWe Mind the Gap Development Funding
The National Lottery Community Fund18/03/2017£5kMind the Gap
The National Lottery Community Fund10/05/2015£5kThe Moneypenny Foundation

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 BRIDGING THE GAP (MANCHESTER).

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WE MIND THE GAP£910k——unclear—no doubt
BRIDGING THE GAP (MANCHESTER) FY2025£185k—0unclear—no doubt
THE GAP CHRISTIAN FAMILY CENTRE FY2025£162k—0unclear—no doubt
THE GAP - WALES FY2025£173k—0unclear—no doubt
BOLTON LADS AND GIRLS CLUB LIMITED FY2025£2.8m£90,000 - £99,9991unclear—no doubt
FUTURE SKILLS TRAINING FY2025£234k—0above—no doubt

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