SPIRAL SKILLS CIO
Spiral Skills delivers employability services for underserved young people, helping them improve their employability, confidence, and aspirations. Through programmes, mentoring and community collaboration, the charity supports young people to develop essential skills and mindsets, access opportunities, and impact their local community
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with unrestricted reserves of minus £27,344, which is below the trustees' policy target of £109,000. Despite this negative balance, the trustees report a surplus for the year and forecast a return to positive reserves in the 2025/26 financial year.
What the accounts disclose
“Spiral Skills CIO is funded largely through grants, providing services to other organisations, and in a more limited way, raising income from donations.” — page 5
“Unrestricted funds at 31 March 2025 were minus £27,344 (2024 minus £27,835).” — page 6
“Remuneration of £5470 was paid to trustee Jhemar Jona for services rendered under the charity's trust deed.” — page 18
Funders the charity credits
- BBC Children in Need
- London Mayor’s Violence Reduction Unit
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Thomas Harwellchair
- JONATHAN KATZ
- Justin Sesay Barnes
- Sophie Hackforth-Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £567k | £567k |
Common questions
Is SPIRAL SKILLS CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with unrestricted reserves of minus £27,344, which is below the trustees' policy target of £109,000. Despite this negative balance, the trustees report a surplus for the year and forecast a return to positive reserves in the 2025/26 financial year. Its FY2025 accounts were independently examined.
Who funds SPIRAL SKILLS CIO?
Funders whose own accounts filings name SPIRAL SKILLS CIO as a grant recipient include BBC CHILDREN IN NEED, JOSEPH LEVY FOUNDATION, THE ALLEN OVERY SHEARMAN STERLING FOUNDATION, IMPETUS - THE PRIVATE EQUITY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| BBC CHILDREN IN NEED | FY2024 | £100k | Youth work activities at McDonald’s in Brixton |
| JOSEPH LEVY FOUNDATION | FY2025 | £25k | |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | FY2025 | £10k | |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | FY2025 | £1k | Grants to Impetus portfolio partners |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | FY2024 | £1k | Grants payable to portfolio charities |