THE CHEV GATESHEAD LTD
The charity provides activities for those with special educational needs and/or other disabilities.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £37,954 for the year, increasing its total unrestricted reserves to £96,144. The trustees' policy aims to maintain between £30,000 and £40,000 in unrestricted reserves, meaning the current level is above this target. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“During the year the Charity received £68,633 in voluntary parental contributions, £47,715 in grants, £2,158 in donations and £3,473 in other income.” — page 4
“The trustees aim to maintain between £30,000 and £40,000 as unrestricted reserves and working capital.” — page 4
Trustees
- Benjamin Sternchair
- Dr Daniel Wacks
- Mr Yehuda Zev Sandler
- Stephen Jeffrey Wallace
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £122k | £84k |
| 31/03/2024 | £100k | £67k |
| 31/03/2023 | £37k | £26k |
Common questions
Is THE CHEV GATESHEAD LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £37,954 for the year, increasing its total unrestricted reserves to £96,144. The trustees' policy aims to maintain between £30,000 and £40,000 in unrestricted reserves, meaning the current level is above this target. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds THE CHEV GATESHEAD LTD?
Funders whose own accounts filings name THE CHEV GATESHEAD LTD as a grant recipient include THE FORTE CHARITABLE FOUNDATION, THE BARBOUR FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE FORTE CHARITABLE FOUNDATION | FY2024 | £4k | 18% of the running costs for a charity supporting young people with complex learning challenges to develop life skills and independence in Gateshead. |
| THE BARBOUR FOUNDATION | FY2024 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 03/06/2026 | £20k | The Chev Gateshead Ltd |
| Sport England | 01/07/2025 | £9k | Step Up: Active and Able |
| Community Foundation North East | 27/03/2025 | £29k | Grant to The Chev Gateshead Ltd |
| The National Lottery Community Fund | 21/12/2023 | £20k | The Chev Gateshead Ltd |
| The National Lottery Community Fund | 02/09/2022 | £10k | The Chev Gateshead Ltd |
| Community Foundation North East | 01/09/2022 | £5k | Grant to The Chev Gateshead Ltd |