Finance Score: -2
Governance Score: 3
Support Score: 0
  • Deficit latest year: -2
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: 1 ?

THE SHEARS FOUNDATION 

This is a grant making charity, you can view its grants here
Funding selected organisations and projects in community development, environmental, sustainable development, health & welfare and culture all with an emphasis on education and raising awareness and generally, but not exclusively, in or for the benefit of the north east of England
Analysis by Giving is Great

Positives:

  • This charity has an endowment fund which generates most of its income
  • The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

  • One or more trustees receive payments or benefits from the charity for providing services to the charity

Financial issues to consider:

  • There has been a change of accounting period recently, so trends may be hard to determine
  • Income was significantly lower than spending in the latest year

Financial Data ?

Income & Spending ?
N.B. data has been adjusted to reflect year end change
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
30/06/23?£855£1,267£-412£0£17,225£2952.800
31/03/22£385£892£-507n/an/an/an/an/a0
31/03/21£545£542£2£0£17,421£65014.400
31/03/20£659£752£-93£0£14,347£4096.500
31/03/19£571£977£-407£0£17,581£404500
31/03/18£505£889£-384£0£17,590£6618.900
31/03/17*£532£838£-305£0£17,786£83011.900
31/03/16£453£899£-445£0£0£0n/a00
31/03/15£456£741£-285£0£0£0n/a00
31/03/14£510£736£-226£3£14,195£69811.400
31/03/13£510£783£-273£2£12,592£6009.200
31/03/12£494£637£-143£0£0£0n/a00
31/03/11£487£659£-172£0£0£0n/a00
31/03/10£583£702£-119£4£11,866£353600
31/03/09£573£903£-330£3£9,478£3474.600
31/03/08£862£721£142£4£13,271£13,27122100
31/03/07£877£853£24£3£17,474£17,474245.900
31/03/06£358£455£-98£0£0£0n/a00
05/04/05*£313£390£-77£0£0£0n/a00
05/04/04£197£250£-54£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 14%
Unrestricted Funds/Total Funds: 2%
Reserves/Spending: 2.8 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1.6
Asset Split ?
Established: 29 years

www.shearsfoundation.org

bruce@shearsfoundation.org

07544380316

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Disability
  • Economic/Community Development/Employment
  • Education/Training
  • Environment/Conservation/Heritage
  • Overseas Aid/Famine Relief
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Grant-making foundations
How it operates
  • Makes Grants to Organisations
  • Sponsors or undertakes research
Where it operates
  • Bradford City, City Of York, Gateshead, Manchester City, Newcastle Upon Tyne City, North Tyneside, North Yorkshire, Northumberland, South Tyneside, Sunderland,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • People With Disabilities
  • The General Public/Mankind

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 17/10/1995, number: 1049907
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Investing charity funds policy and procedures
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
20 returns made; AR17: 1 days late, AR05: 10 days late,
Main office

C/O The Community Foundation
Philanthropy House
Woodbine Road
Gosforth
Newcastle upon Tyne
NE3 1DD

Objectives

GENERAL CHARITABLE PURPOSES

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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