THE SAFE START FOUNDATION
The Charity exists to relieve poverty, sickness, hardship and distress amongst young people living in London. To achieve this object, the charity operates a number of projects.
Objects
TO RELIEVE POVERTY, SICKNESS, HARDSHIP AND DISTRESS AMONGST YOUNGER PEOPLE (IN PARTICULAR THOSE OF IRISH DECENT OR ORIGIN) LIVING IN LONDON.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £137,519 for the year ended 31 March 2025, with total incoming resources of £68,957 against total costs of £206,476. The trustees note that funding is becoming increasingly difficult to secure and forecast a deficit for the next 12 months unless additional funding is obtained, though they maintain the charity has adequate resources to continue for the foreseeable future.
What the accounts disclose
“Performance related grants 52,000” — page 15
“The Trustees have established a policy whereby the unrestricted funds not committed or invested in fixed assets (‘the free reserves’) held by the Charity should be between three and six months of the resources expended, which currently equates to between £51,619 (2024: £51,158) to £103,238 (2024: £102,316) general funds.” — page 6
“The Trustees acknowledge that funding is becoming increasingly more difficult to secure in an ever decreasing funding market place. Despite actively seeking out and considering a number of opportunities, the charity has not secured sufficient funding to prevent it incurring a deficit in the year under review. The Trustees have considered the period ahead and are also forecasting that a deficit will be incurred over the next 12 months, unless additional funding is secured.” — page 12
“During the year, in accordance with the Trust Deed, the charity was charged accountancy, consultancy and bookkeeping fees amounting to £5,760 (2024: £4,680) by Goldblatts Limited, a company in which the treasurer J Murphy is a director and has an interest. At 31st March 2025, £3,600 (2024: £4,680) was outstanding and included in trade creditors,” — page 21
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- SEAMUS MCCORMACKchair
- ANDY ROGERS
- PATSY PATTON
- SEAMUS MCGARRY
- THOMAS CHARLES BEISTY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £69k | £206k |
| 31/03/2024 | £76k | £205k |
| 31/03/2023 | £67k | £189k |
| 31/03/2022 | £53k | £181k |
| 31/03/2021 | £135k | £170k |
Common questions
Is THE SAFE START FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £137,519 for the year ended 31 March 2025, with total incoming resources of £68,957 against total costs of £206,476. The trustees note that funding is becoming increasingly difficult to secure and forecast a deficit for the next 12 months unless additional funding is obtained, though they maintain the charity has adequate resources to continue for the foreseeable future. Its FY2025 accounts were independently examined.