SPEAR ISLINGTON TRUST
We provide coaching and development to young people from disadvantaged backgrounds to help them find employment and build their confidence and sense of self worth. We run the Spear Programme for up to 90 young people aged 16-24 each year. The programme comprises 6 weeks of training followed by a year of support. 75% of our young people are in work or further training 12 months after the course.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a deficit of £56,017 for the year ended 31 August 2025, reducing its cash balance from £208,058 to £152,041. Despite this deficit, the trustees report that the charity maintains over 12 months of cash reserves, which exceeds their stated policy target of six months of recurring expenditure. The filing notes that the charity has paid off all previous debt and continues to have strong financial stability compared to earlier years.
What the accounts disclose
“During 2025 the Trustees continued a reserves policy to have reserves to cover a minimum of six months of recurring expenditure.” — page 4
“Spear Islington made a £15,000 contribution payment to its parent, Resurgo. Additionally, Resurgo provide IT services to the charity that are then recharged. A catch-up payment was made on such services in the current financial year.” — page 4
Register events
- Received assets from another charity (17/09/2026)
Trustees
- Aisling Teochair
- Aisling Marie Cronin
- JOHN EDWIN D'SOUZA
- Joey Chung Yin Lai
- Juliette Flach
- Katie Alana Graham
- Louise Reichmann
- Maria Perarnaubayo
- Mark Barnes
- Stephen Laverty
- Victoria Blizzard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £101k | £157k |
| 31/08/2024 | £179k | £126k |
| 31/08/2023 | £178k | £109k |
| 31/08/2022 | £126k | £96k |
| 31/08/2021 | £136k | £89k |
Common questions
Is SPEAR ISLINGTON TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a deficit of £56,017 for the year ended 31 August 2025, reducing its cash balance from £208,058 to £152,041. Despite this deficit, the trustees report that the charity maintains over 12 months of cash reserves, which exceeds their stated policy target of six months of recurring expenditure. The filing notes that the charity has paid off all previous debt and continues to have strong financial stability compared to earlier years. Its FY2025 accounts were independently examined.
Who funds SPEAR ISLINGTON TRUST?
Funders whose own accounts filings name SPEAR ISLINGTON TRUST as a grant recipient include THE CHILDHOOD TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CHILDHOOD TRUST | FY2024 | £13k | |
| THE CHILDHOOD TRUST | FY2022 | £12k | |
| THE CHILDHOOD TRUST | FY2025 | £6k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GAUDIO FAMILY FOUNDATION (UK) LIMITED | 1 | £650k |
| MONTPELIER FOUNDATION LIMITED | 1 | £450k |
| THE TUIXEN FOUNDATION | 1 | £170k |
| JEREMY ALEXANDER SETTLEMENT | 1 | £167k |
| THE KENSINGTON AND CHELSEA FOUNDATION | 1 | £150k |
| HAMPTON FUEL ALLOTMENT | 1 | £125k |
| THE DULVERTON TRUST | 1 | £120k |
| THE FRANK JACKSON FOUNDATION | 1 | £110k |
Charities like this
- RESURGO TRUST
- SPEAR HOUSING ASSOCIATION LIMITED
- PROVIDING OPPORTUNITIES AND SUPPORT
- FIVE CHILDREN AND FAMILIES TRUST LTD
- YOUTH FOCUS NORTH WEST LTD
- SPROWSTON YOUTH ENGAGEMENT PROJECT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SPEAR ISLINGTON TRUST | £101k | — | 0 | above | — | no doubt |
| RESURGO TRUST | £3.2m | £90,001 - £100,000 | — | above | — | no doubt |
| SPEAR HOUSING ASSOCIATION LIMITED | £4.6m | — | — | above | — | no doubt |
| PROVIDING OPPORTUNITIES AND SUPPORT | £1.2m | — | 0 | below | — | no doubt |
| FIVE CHILDREN AND FAMILIES TRUST LTD | £2.3m | — | 0 | below | — | no doubt |
| YOUTH FOCUS NORTH WEST LTD | £627k | — | 0 | above | — | no doubt |