THE IMPACT FACILITY
Latest income
£1.9m
Latest spending
£1.7m
Registered
2018
Accounts read
FY2022
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves are in deficit, with a balance of £(47,697) at the period end. The trustees note that continuing support from TDi Sustainability and confidence in fundraising will reduce this deficit and are committed to rebuilding reserves to a level that allows for future growth.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The actual level of unrestricted reserves is less than our policy.” — page 7
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Expenditure to TDi Sustainability
“During the year The Impact Facility was invoiced £160,962 for administrative services by TDi Sustainability, a company in which a trustee has a material interest.” — page 38
Per its FY2022 accounts as filed with the Charity Commission.
Trading subsidiary: Impact Capital Ltd
“The Impact Facility has established a fully owned trading subsidiary, Impact Capital (ICL), registered as a company limited by shares in the UK.” — page 9
Per its FY2022 accounts as filed with the Charity Commission.
Corporate structure
- Trading subsidiary: IMPACT CAPITAL LTD Companies House 12043095
Structured financials (annual return, FY ending 31/12/2024)
Total income
£1.9m
Total spending
£1.7m
Reserves (reported)
£0
Employees
16
Trustees
- Barbara Visser
- Dr Assheton Carter PHD
- STEVEN LOWE
- Stacy Hope
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.9m | £1.7m |
| 31/12/2023 | £1.5m | £1.5m |
| 31/12/2022 | £1.4m | £1.5m |
| 31/03/2022 | £1.0m | £804k |
| 31/03/2021 | £319k | £233k |
Common questions
Is THE IMPACT FACILITY financially healthy?
The accounts state that unrestricted reserves are in deficit, with a balance of £(47,697) at the period end. The trustees note that continuing support from TDi Sustainability and confidence in fundraising will reduce this deficit and are committed to rebuilding reserves to a level that allows for future growth. Its FY2022 accounts were audited by Shaw Gibbs (Audit) Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHAREDIMPACT FOUNDATION (UK) LIMITED | 1 | £245k |
| BARNWOOD TRUST | 1 | £47k |
| INTERNATIONAL SERVICE FELLOWSHIP TRUST | 1 | £22k |
| THE BISHOP RADFORD TRUST | 1 | £2k |
| WOLVERHAMPTON LGBT+ | 1 | £149 |