Charity Accounts Intelreading the accounts so you don’t have to

THE GREATER SHARE FOUNDATION

Registered charity 1199157 · accounts filings on the Charity Commission register

Latest income
£2.3m
Latest spending
£1.9m
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the period with unrestricted reserves of £297,949, a significant improvement from the deficit of £56,537 in the prior period. The trustees report that the charity will not maintain reserves other than to ensure sufficient funding for ongoing administration, with the intention to donate all surplus revenue to its NGO partners. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: sufficient funding for the ongoing administration of the Greater Share group (held: £298k)
“The Charity will not maintain reserves other than to ensure sufficient funding for the ongoing administration of the Greater Share group.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Simpson Thacher and Bartlett LLP provided legal support valued at £763,298.
“Simpson Thacher and Bartlett LLP have provided legal support to the Greater Share group for a value of £763,298 in the period to 31 December 2024 (2023: £1,443,511). This support is ongoing.” — page 7
“The Greater Share Foundation made loans to the trading subsidiaries to cover costs incurred. Amounts owed by subsidiaries to the charity are disclosed in note 12.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loans made to trading subsidiaries.
“Simpson Thacher and Bartlett LLP have provided legal support to the Greater Share group for a value of £763,298 in the period to 31 December 2024 (2023: £1,443,511). This support is ongoing.” — page 7
“The Greater Share Foundation made loans to the trading subsidiaries to cover costs incurred. Amounts owed by subsidiaries to the charity are disclosed in note 12.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.3m
Total spending
£1.9m
Cost of raising funds
£1.3m
Reserves (reported)
£298k
Employees
1

Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£2.3m£1.9m
31/12/2023£5.4m£5.3m
30/09/2022£0£0

Common questions

Is THE GREATER SHARE FOUNDATION financially healthy?

The accounts state that the charity ended the period with unrestricted reserves of £297,949, a significant improvement from the deficit of £56,537 in the prior period. The trustees report that the charity will not maintain reserves other than to ensure sufficient funding for ongoing administration, with the intention to donate all surplus revenue to its NGO partners. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Sayer Vincent LLP.

Who funds THE GREATER SHARE FOUNDATION?

Funders whose own accounts filings name THE GREATER SHARE FOUNDATION as a grant recipient include THE ANNABEL ARBIB FOUNDATION.

Known funders

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

FunderYearAmount
THE ANNABEL ARBIB FOUNDATIONFY2024£396k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
JEREMY COLLER FOUNDATION1£230k
THE SIR BERNARD & LADY SCHREIER FOUNDATION1£4k
THE CHRISTOPHER AND HENRY OLDFIELD TRUST1£0

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HESTERS WAY PARTNERSHIP LTD.