DISCOVERU
Discover U is a charity working to help people with barriers into employment. We believe that everybody who wants to should have the opportunity to work and we support them to do that with a wide range of programmes and opportunities. Our aim is to provide work related experience to adults with some level of learning disability or others similarly disadvantaged because of physical disability.
Objects
THE OBJECTS OF THE CIO ARE TO PROVIDE WORK RELATED EXPERIENCE TO ADULTS WITH SOME LEVEL OF LEARNING DISABILITY OR OTHERS SIMILARLY DISADVANTAGED BECAUSE OF PHYSICAL DISABILITY.TO RELIEVE THE NEEDS OF DISABLED PEOPLE BY;1) PROVIDING EDUCATION, TRAINING AND SUPPORT FOR PEOPLE WITH A LEARNING DISABILITY; AND2) BY HELPING TO FIND WORK PLACEMENTS AND WHERE POSSIBLE PAID WORK FOR SAID PEOPLENOTHING IN THIS CONSTITUTION SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CIO FOR THE PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH [SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005] AND [SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008]
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net expenditure of £37,497 for the year, resulting in total funds decreasing from £135,375 to £97,878. The trustees note that reserves have fallen to approximately two months of expenses, below their policy target of three months, due to rising costs. They anticipate further significant increases in staffing and utility costs in the coming year.
What the accounts disclose
“At the year end the reserves of the charity were equal to around two months of expenses due to the rise in overall costs.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Funders the charity credits
- Feast Uk
- Porter & Woodman
Register events
- Received assets from another charity (24/06/2022)
Trustees
- Steven Smithchair
- David Reynolds
- Kathleen Jenkins
- Stephen Mills
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £458k | £496k |
| 31/12/2023 | £445k | £439k |
| 31/12/2022 | £393k | £393k |
Common questions
Is DISCOVERU financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a net expenditure of £37,497 for the year, resulting in total funds decreasing from £135,375 to £97,878. The trustees note that reserves have fallen to approximately two months of expenses, below their policy target of three months, due to rising costs. They anticipate further significant increases in staffing and utility costs in the coming year. Its FY2024 accounts were independently examined.
Who funds DISCOVERU?
Funders whose own accounts filings name DISCOVERU as a grant recipient include THE EDWARD GOSTLING FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE EDWARD GOSTLING FOUNDATION | FY2022 | £10k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 28/07/2022 | £96k | Discover U 2 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HAPPOLD FOUNDATION | 1 | — |
| THE LIVINGBRIDGE FOUNDATION | 1 | £501k |
| SOCIAL BUSINESS TRUST | 1 | £382k |
| MISSION44 | 1 | £362k |
| THE SLAUGHTER AND MAY CHARITABLE TRUST | 1 | £330k |
| THE FIDELITY UK FOUNDATION | 1 | £232k |
| THE PWC FOUNDATION | 1 | £99k |
| THE DULVERTON TRUST | 1 | £97k |
Charities like this
- CHILDREN'S DISCOVERY CENTRE EAST LONDON
- DYSCOVER LIMITED
- DISCOVERSVS
- THE DISCOVERY SAILING PROJECT
- UPP FOUNDATION
- UNITY WORKS SOCIAL ENTERPRISES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DISCOVERU | £458k | — | 0 | below | — | no doubt |
| CHILDREN'S DISCOVERY CENTRE EAST LONDON | £3.1m | £60,001 - £70,000 | 1 | below | — | no doubt |
| DYSCOVER LIMITED | £244k | — | 0 | below | — | no doubt |
| DISCOVERSVS | £235k | — | 0 | below | — | no doubt |
| THE DISCOVERY SAILING PROJECT | £135k | — | 0 | unclear | — | noted |
| UPP FOUNDATION | £118k | — | 0 | unclear | — | no doubt |