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.
Objects
THE OBJECTS OF THE CIO ARE FOR THE BENEFIT OF THE PUBLIC AND WITHIN A CHRISTIAN ETHOS, TO ACT AS A RESOURCE FOR YOUNG PEOPLE BETWEEN THE AGES OF 16 TO 24 LIVING IN AND AROUND THE LONDON BOROUGH OF ISLINGTON BY PROVIDING ADVICE, ASSISTANCE AND SUPPORT. ORGANISING EDUCATIONAL PROGRAMMES AND OTHER ACTIVITIES AS A MEANS OF:A) HELPING YOUNG PEOPLE ADVANCE IN LIFE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO INTEGRATE INTO AND PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS; B) ADVANCING EDUCATION C) RELIEVING UNEMPLOYMENT, ENABLING YOUNG PEOPLE TO GENERATE A SUSTAINABLE INCOME AND BE SELF-SUFFICIENT; D) PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE.
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
Policies the charity declares
- Complaints policy and procedures
- 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
- Investing charity funds 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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/08/2025
- Volunteers: 5
Self-declared on the annual return for the financial year ending 31/08/2023
- Volunteers: 5
Register events
- Received assets from another charity (17/09/2026)
Trustees
- Aisling Teochair
- Aisling Marie Cronin
- JOHN EDWIN D'SOUZA
- Joey Chung Yin Lai
- Katie Alana Graham Downer
- Louise Reichmann
- Maria Perarnaubayo
- 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 GOSLING FOUNDATION LIMITED | 2 | £15k |
| THE GAUDIO FAMILY FOUNDATION (UK) LIMITED | 1 | £825k |
| MONTPELIER FOUNDATION LIMITED | 1 | £450k |
| HOLLYHOCK CHARITABLE FOUNDATION | 1 | £180k |
| THE TUIXEN FOUNDATION | 1 | £170k |
| THE KENSINGTON AND CHELSEA FOUNDATION | 1 | £150k |
| THE MARY KINROSS CHARITABLE TRUST | 1 | £137k |
| THE DULVERTON TRUST | 1 | £120k |
Charities like this
- SPEAR BRIGHTON TRUST
- RESURGO TRUST
- SPEAR BRISTOL
- BOURNEMOUTH SPEAR TRUST
- SPRINGBOARD SUNDERLAND TRUST
- STEPPING STONES COLLABORATION FOR RECOVERY AND WELLBEING
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 |
| SPEAR BRIGHTON TRUST | £122k | — | 0 | above | — | no doubt |
| RESURGO TRUST | £3.2m | — | — | above | — | no doubt |
| SPEAR BRISTOL | £270k | — | 0 | above | — | no doubt |
| BOURNEMOUTH SPEAR TRUST | £114k | — | 0 | unclear | — | no doubt |
| SPRINGBOARD SUNDERLAND TRUST | £3.4m | £60,000 - £69,999 | 4 | below | — | material uncertainty |