SKILLS 4 WORK (GATESHEAD) LIMITED
The organisation exists to act as a focus point for young people (aged 18-30) in the community of Gateshead, Tyne & Wear, by providing support and assistance to individuals with learning difficulties, who want to lead independent lives and find access to employment, by improving employment skills, as well as personal development.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus for the year, resulting in unrestricted reserves of £18,871 and restricted reserves of £120,704. The trustees report that these retained funds provide stability and allow the charity to plan for future funding opportunities. The going concern basis is adopted with no material uncertainties identified.
What the accounts disclose
“The charity aims to maintain sufficient reserves to cover all direct costs and overheads for a period of 3 months at all times.” — page 6
Trustees
- Alan Balmerchair
- Brenda Munro
- Elvina Fooy
- Jason Selkirk
- Matthew Evans
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £97k | £71k |
| 31/07/2024 | £65k | £65k |
| 31/07/2023 | £75k | £54k |
| 31/07/2022 | £58k | £53k |
| 31/07/2021 | £88k | £49k |
Common questions
Is SKILLS 4 WORK (GATESHEAD) LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus for the year, resulting in unrestricted reserves of £18,871 and restricted reserves of £120,704. The trustees report that these retained funds provide stability and allow the charity to plan for future funding opportunities. The going concern basis is adopted with no material uncertainties identified. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 20/01/2025 | £12k | "Birtley heritage for all" |
| Sport England | 09/09/2024 | £12k | Skills4workGateshead - active 24/25 |
| The National Lottery Heritage Fund | 30/08/2023 | £4k | "Birtley Community Heritage" |
| The National Lottery Community Fund | 18/08/2023 | £10k | Development Manager - Skills 4 Work Gateshead |
| Sport England | 14/07/2023 | £4k | Gateshead bowlers |
| Sport England | 12/04/2021 | £4k | COVID19 Return to Play |
| UK government | 17/08/2020 | £7k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 22/04/2020 | £6k | COVID-19 ON-LINE WELLBEING PROGRAMME |
| UK government | 28/02/2020 | £3k | UK Youth Fund YAF |
| The National Lottery Community Fund | 09/10/2019 | £10k | Employment Support Group |