Finance Score: -50
Governance Score: 0
Support Score: 0
  • In administration/insolvent: -50
    Overall GiG Score: -50 ?

    SINGLE HOMELESS: ACTION INITIATIVE IN DURHAM LIMITED 

    SHAID is a local charity working with young people for better housing and stronger communities. We aim to provide a range of services in the field of housing advice, floating support and education for young people aged 16 to 25 living in Derwentside and surrounding settlements of the Districts of County Durham.
    Analysis by Giving is Great

    Positives:

    • The charity has received backing from multiple prominent grant makers recently

    Financial issues to consider:

    • This charity is in Administration or Insolvent
    Established: 25 years

    WWW.LEONARDCURTIS.CO.UK

    DEBORAH.PATRICK@LEONARDCURTIS.CO.UK

    01618319999

    Charity Commission for England and WalesCompanies House

    Financial Data ?

    Income & Spending ?
    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
    31/03/20£760£695£65£0£632£530.9280
    31/03/19£649£625£24£160£566£5312121
    31/03/18*£483£579£-96£0£0£0n/a019
    31/03/17£575£483£92£0£638£531.3192
    31/03/16£584£496£88£496£546£531.3263
    31/03/15£417£464£-47£0£0£0n/a00
    31/03/14*£624£478£146£478£504£471.2190
    31/03/13£604£540£65£540£358£451250
    31/03/12£554£433£121£0£293£401.1180
    31/03/11£292£295£-3£0£0£0n/a00
    31/03/10£310£283£27£0£0£0n/a00
    31/03/09£308£285£24£0£0£0n/a00
    31/03/08£328£265£64£0£0£0n/a00
    31/03/07£259£250£9£0£0£0n/a00
    31/03/06£213£234£-21£0£0£0n/a00
    31/03/05£213£233£-20£0£0£0n/a00
    31/03/04£256£254£3£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: 15%
    Liabilities/Income: 14%
    Unrestricted Funds/Total Funds: 8%
    Reserves/Spending: 0.9 months
    Net Current Assets/Spending: 1 months
    Quick Ratio: 1.9
    Asset Split ?
    Listed activities
    • Accommodation/Housing
    • Economic/Community Development/Employment
    • Education/Training
    • The Prevention Or Relief Of Poverty
    How it operates
    • Other charitable activities
    • Provides advocacy/advice/information
    • Provides services
    Where it operates
    • Durham,
    Who it helps
    • Children/Young People
    Who works here?
    • 28 employees

    Who's supporting them? ?

    Donations from Grant Makers ?

    We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

    Major supporters in last 5 years
    The Ballinger Charitable Trust£45,000
    Masonic Trust£43,000
    County Durham Community Foundation£35,000
    Ministry of Defence£20,000
    Lloyds Bank Foundation£7,999
    Specific Donations
    Amount When
    Months
    To be used for
    County Durham Community Foundation - SHAID management support
    £10,000 28/09/2021
    To support the salary of an interim CEO.
    County Durham Community Foundation - SHAID Organisation Development
    £20,000 21/05/2021
    The SHAID Organisation Development project.
    County Durham Community Foundation - SHAID business' planning for the future
    £5,000 16/12/2020
    Towards planning for the future.
    Masonic Trust - MCF Freemasons COVID-19 Community Fund
    £43,000 03/12/2020
    Grant to fund the lease on 5 further homes, enabling the charity to expand their capacity to provide accommodation to those requiring homes. The grant will also fund the costs to increase the support ....more
    Lloyds Bank Foundation - Variation grant to SHAID ltd (single homeless action initiative Durham)
    £7,999 24/07/2020
    Grant to SHAID ltd (single homeless action initiative Durham) meeting the additional costs of adapting services, premises or implementing other safety measures in response to the Covid pandemic.
    Ministry of Defence - £10M Veterans' Mental Health and Wellbeing Fund
    £20,000 15/05/2020
    to provide immediate support for vulnerable veterans with reduced social contact
    The Ballinger Charitable Trust - Grant to Single Homeless Action Initiative (SHAID)
    £45,000 20/09/2019
    36
    Admin worker
    Sport England - SHAID HOLLYACRE CENTRE
    £3,383 15/07/2019
    14
    Funding under Sport England's Small Grants funding programme for a Revenue project titled SHAID HOLLYACRE CENTRE. This project lists its main activity as Exercise & Fitness
    LandAid Charitable Trust - Refurbisment of bedsits
    £30,000 31/03/2018
    5
    Shaid new project needs refurbishment to convert 30 bedsits into fifteen self-contained flats. However the building fire alarm, heating and electrical are old and in need of upgrading. To achieve ....more
    County Durham Community Foundation - To support the St Peters Court bike scheme.
    £4,000 20/12/2017
    To support the St Peters Court bike scheme.
    Sport England - St Peters Court Bike Project
    £10,000 04/09/2017
    12
    Funding under Sport England's Small Grants funding programme for a Revenue project titled 'St Peters Court Bike Project'. This project lists its main activity as Cycling.
    Sport England - St Peters Court Bike Project
    £10,000 04/09/2017
    11
    Funding under Sport England's Small Grants funding programme for a Revenue project titled St Peters Court Bike Project. This project lists its main activity as Cycling
    County Durham Community Foundation - Learn and Live
    £7,500 30/05/2017
    To support Learn and Live Rent for the venue, Guest speakers expenses, Activities, Extra support to gain entry to further education, Training or employment.
    Lloyds Bank Foundation - Grant to SHAID (Single Homeless Action Initiative Derwentside)
    £75,000 07/10/2015
    36
    the salary of the Project Manager
    Northern Rock Foundation - Grant awarded to Single Homeless Action Initiative Derwentside (Durham)
    £60,000 10/12/2013
    Towards an advice and guidance service for homeless young people in Derwentside.
    Show more rows

    Data sourced from Donors via 360 Giving

    How is it governed?

    Trustees (7)
    Current Trustees appointed
    Gender Split

    Age Range of Trustees: 59-81
    • MALCOLM PITT Appointed: 2018, Occupation: Independent Reviewing Officer, Children’S Services
    Legal constitution
    • Charitable company registered in England & Wales on 03/03/1999, number: 1074505
    • Registered at Companies House on 29/10/1998, number: 03659370
    Gift Aid
    • Registered with HMRC for Gift Aid
    Other Regulators
    • Care Quality Commission
    • Homes England
    Policies in force
    • Complaints handling
    • Conflicting interests
    • Investment
    • Paying staff
    • Risk management
    • Safeguarding vulnerable beneficiaries
    • Volunteer management
    Filing Record
    17 returns made; AR18: 55 days late, AR14: 1 days late,
    Main office

    RIVERSIDE HOUSE
    IRWELL STREET
    MANCHESTER
    M3 5EN

    Objectives

    THE RELIEF OF POVERTY DEPRIVATION AND DISTRESS (SO FAR AS THE SAME MAY BE CHARITABLE) AMONG HOMELESS YOUNG PEOPLE IN THE DISTRICT OF DERWENTSIDE

    Defined Area of Benefit:

    DERWENTSIDE

    Data Sources

    Charity Commission for England and Wales
    360 Giving
    CharityBase

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