SPADEWORK LIMITED

Registered charity 291198 · accounts filings on the Charity Commission register

Spadework is a charity that enables people to be more independent, feel less isolated and live happier, healthier and more fulfilling lives. Working in the heart of their community, they provide a wide range of meaningful opportunities for adults with learning and other disabilities, for those living with dementia and for people experiencing problems with their mental health.

Causes: Education/training · Disability · Environment/conservation/heritage · Economic/community Development/employment · website · Get email alerts

Latest income
£2.5m
Latest spending
£2.4m
Registered
1985
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a surplus of £234,643 for the year ended 31 December 2024, with total income of £1,992,434 against charitable expenditure of £1,757,791. Per the Treasurer's Report, free reserves stood at £197,242, which is below the updated trustee target of £300,000, though the organization maintains a strong going concern position with adequate resources for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £197k; policy: £300,000)
“Although current free reserves remain below this new target, the Trustees are committed to building up the level of reserves in future years.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The document states 'no related party transactions during the current year'. The £1,000 purchase was from the 'previous year'.
“During the previous year the charity purchased various tools, machinery and hand tools for use around the site from J Healey, relation of K Healey (CEO), for £1,000. No balances were outstanding at year end. There were no related party transactions during the current year, and no balances outstanding at the year end.” — page 33
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Spadework Social Enterprises CIC
“It has one wholly owned trading subsidiary, Spadework Social Enterprises CIC, which undertakes commercial activities in support of the charity’s objectives.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Kreston Reeves LLP. Discloses 4 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

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

Total income
£2.5m
Total spending
£2.4m
Cost of raising funds
£102k
Reserves (reported)
£1.2m
Employees
42

Reported reserves equal ~6.2 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Other trading activities (53% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 4.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Kent

Income and spending

Financial year endIncomeSpending
31/12/2024£2.5m£2.4m
31/12/2023£2.2m£2.0m
31/12/2022£1.7m£1.8m
31/12/2021£1.6m£1.6m
31/12/2020£2.4m£1.8m

Common questions

Is SPADEWORK LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity generated a surplus of £234,643 for the year ended 31 December 2024, with total income of £1,992,434 against charitable expenditure of £1,757,791. Per the Treasurer's Report, free reserves stood at £197,242, which is below the updated trustee target of £300,000, though the organization maintains a strong going concern position with adequate resources for the foreseeable future. Its FY2024 accounts were audited by Kreston Reeves LLP.

Who funds SPADEWORK LIMITED?

Funders whose own accounts filings name SPADEWORK LIMITED as a grant recipient include THE WILL CHARITABLE TRUST, THE PENNIES FOUNDATION, THE SIR JAMES ROLL CHARITABLE TRUST, THE COLE CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE WILL CHARITABLE TRUSTFY2025£10kCare of People with Learning Disabilities
THE WILL CHARITABLE TRUSTFY2022£10kLearning Disability
THE PENNIES FOUNDATIONFY2023£5k
THE PENNIES FOUNDATIONFY2024£4k
THE SIR JAMES ROLL CHARITABLE TRUSTFY2025£1k
THE COLE CHARITABLE TRUSTFY2022£1kDisability

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund24/04/2023£373kMeaningful opportunities for vulnerable adults at Spadework
The National Lottery Community Fund31/01/2020£186kHortistore, Kitchen Improvements and Trainee Transport/Allowances
The National Lottery Community Fund15/07/2015£10kA4A - New roof means we can expand our IT skills training facilities

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with LIFEWORKS CHARITY LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SPADEWORK LIMITED£2.5m——below—no doubt
LIFEWORKS CHARITY LIMITED FY2025£2.5m——unclear—no doubt
FAITHWORKS WESSEX FY2025£1.3m—0above—no doubt
JENNYRUTH WORKSHOPS LTD FY2025£561k—0unclear—no doubt
BASICS PLUS FY2025£862k—0unclear—no doubt
Chesterfield and District Society for People with a Disability FY2025£2.4m£70,001 - £80,000—above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.