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SHY BAIRNS GET NOWT

Registered charity 1197866 · accounts filings on the Charity Commission register · also known as ST MICHAEL'S CENTRE PARTNERSHIP BYKER, THE LIGHTHOUSE PROJECT, The Lighthouse Project Byker

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Latest income
£4.4m
Latest spending
£185k
Registered
2022
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported total income of £4,420,712 against expenditure of £184,589, resulting in a significant net income position. Unrestricted reserves increased to £949,049, while the charity maintains a policy target of holding reserves equivalent to nine months of operating expenditure following the completion of its construction project.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“One employee received employee benefits of more than £60,000 during the year.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee received employee benefits of more than £60,000 during the year.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: nine months of unrestricted expenditure (held: £949k)
“The Charity has a reserve policy in place with the aim to maintain unrestricted reserves equivalent to a minimum of 9 months operating expenditure, following completion of the construction project.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Mark Squires is a trustee of both the charity and the Squires Foundation.
“During the year £100,000 (2024: £nil) was received from the Squires Foundation, a charity of which Mark Squires is also a trustee. There are no other related party transactions to report.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Stephenson Coates Audit Limited. Discloses 6 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£4.4m
Total spending
£185k
Reserves (reported)
£949k
Employees
3

Reported reserves equal ~61.7 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Newcastle Upon Tyne City

Income and spending

Financial year endIncomeSpending
31/03/2025£4.4m£185k
31/03/2024£835k£112k
31/03/2023£226k£184k

Common questions

Is SHY BAIRNS GET NOWT financially healthy?

The accounts state that the charity reported total income of £4,420,712 against expenditure of £184,589, resulting in a significant net income position. Unrestricted reserves increased to £949,049, while the charity maintains a policy target of holding reserves equivalent to nine months of operating expenditure following the completion of its construction project. Its FY2025 accounts were audited by Stephenson Coates Audit Limited.

What does the highest-paid employee of SHY BAIRNS GET NOWT earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.