SIGNIFICANCE

Registered charity 1194520 · accounts filings on the Charity Commission register

The activites of the charity are to advance, for the public benefit, the education (including social, physical, spiritual and mental development) of young people in the North East of England by making grants to other charities, ministries and organisations.

Causes: Education/training · Get email alerts

Latest income
£53k
Latest spending
£64k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted reserves of £84,042, which the trustees consider to be in a strong financial position given the minimal day-to-day running costs. The charity received £13,323 in unrestricted donations and fundraising income, while expenditure on charitable activities totaled £63,932. The trustees note that no formal reserves policy is currently necessary due to the low operational costs.

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

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Public fundraising profile: JustGiving — SIGNIFICANCE (matched by registered charity number).

Structured financials (annual return, FY ending 31/05/2023)

Total income
£597k
Total spending
£212k
Reserves (reported)
£30k
Employees
0

Per its annual return, largest income source: Donations and legacies (100% 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.

Trustees · trustee networks

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

Operates in: Durham · Gateshead · Newcastle Upon Tyne City · North Tyneside · Northumberland · South Tyneside · Sunderland

Income and spending

Financial year endIncomeSpending
31/05/2025£53k£64k
31/05/2024£277k£113k
31/05/2023£597k£212k
31/05/2022£794k£95k

Common questions

Is SIGNIFICANCE financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £84,042, which the trustees consider to be in a strong financial position given the minimal day-to-day running costs. The charity received £13,323 in unrestricted donations and fundraising income, while expenditure on charitable activities totaled £63,932. The trustees note that no formal reserves policy is currently necessary due to the low operational costs. Its FY2025 accounts were independently examined.

Who funds SIGNIFICANCE?

Funders whose own accounts filings name SIGNIFICANCE as a grant recipient include SISTERS OF MERCY SUNDERLAND.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
SISTERS OF MERCY SUNDERLANDFY2021£8.8mInitial donation to Significance, a registered Charitable Incorporated Organisation, set up to assist the Youth Ministry Trust (YMT) and provide grant funding t
SISTERS OF MERCY SUNDERLANDFY2023£210kfinal payment of the agreed donation to Significance, as part of a registered charitable Incorporated Organisation, set up to assist Youth Ministry Trust (YMT)