TYNESIDE CHARITABLE TRUST

Registered charity 505758 · accounts filings on the Charity Commission register · also known as SWAN HUNTER GROUP EMPLOYEES FUND

Grant making

Objects

The relief of persons in need by virtue of ill-health, disability, financial hardship or other disadvantage who are resident in Northumberland and Tyne and Wear and as ancillary to the foregoing object the payment of donations to such charitable bodies or institutions as the Trustees may in their absolute discretion from time to time determine.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · The Advancement Of Health Or Saving Of Lives · Get email alerts

Latest income
£47k
Latest spending
£41k
Registered
1976
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £20,808 for the year, driven by investment gains of £14,586. Per the trustees' report, unrestricted free cash reserves of £15,235 were held at year-end, which is below the stated policy target of £30,000, though the trustees expect sufficient future income to cover grants. The charity has no employees and relies on trustee governance and external examination.

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

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Gateshead · Newcastle Upon Tyne City · North Tyneside · Northumberland · South Tyneside · Sunderland

Income and spending

Financial year endIncomeSpending
31/12/2024£47k£41k
31/12/2023£18k£17k
31/12/2022£18k£21k
31/12/2021£21k£21k
31/12/2020£19k£25k

Common questions

Is TYNESIDE CHARITABLE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £20,808 for the year, driven by investment gains of £14,586. Per the trustees' report, unrestricted free cash reserves of £15,235 were held at year-end, which is below the stated policy target of £30,000, though the trustees expect sufficient future income to cover grants. The charity has no employees and relies on trustee governance and external examination. Its FY2024 accounts were independently examined.