Finance Score: 3

Governance Score: 8

Support Score: 5

Strong growth: +2
Multiple Deficits: -2
Fundraising costs low: +3

12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +5

Overall GiG Score: 16

SOAR COMMUNITY

Promote, for the public benefit, urban regeneration in the North of Sheffield. Ensure that local people lead the regeneration process and engage them in the decisions that affect the quality of their lives. Support local organisations and help them to become more business like and more sustainable. Become sustainable and create wealth that can be used in the area.

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years
Fundraising costs are unusually low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

There are 16 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

On several occasions in recent years income has been less than spending

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
31/03/23		£1,880	£2,131	£-251	£8	£3,198	£622	3.5	44	35
31/03/22		£2,015	£2,083	£-68	£8	£3,446	£616	3.5	40	69
31/03/21		£1,638	£1,775	£-137	£5	£3,112	£163	1.1	38	69
31/03/20		£1,393	£1,527	£-133	£19	£3,248	£195	1.5	38	61
31/03/19		£1,288	£1,375	£-88	£11	£3,422	£178	1.6	38	74
31/03/18		£1,171	£1,258	£-87	£14	£3,670	£304	2.9	32	0
31/03/17		£1,188	£1,249	£-61	£41	£3,750	£221	2.1	33	0
31/03/16		£1,062	£1,303	£-240	£7	£3,792	£120	1.1	31	0
31/03/15		£1,051	£1,201	£-150	£19	£4,147	£214	2.1	34	0
31/03/14		£1,016	£1,193	£-178	£27	£4,299	£142	1.4	30	0
31/03/13	*	£766	£1,058	£-292	£24	£4,472	£135	1.5	28	0
31/03/12		£2,498	£1,068	£1,431	£71	£4,855	£336	3.8	23	0
31/03/11		£3,058	£775	£2,282	£8	£3,439	£375	5.8	25	0
31/03/10		£965	£797	£168	£23	£1,165	£311	4.7	19	0
31/03/09		£1,847	£1,053	£794	£13	£1,010	£347	3.9	17	0
31/03/08		£842	£797	£45	£2	£161	£137	2.1	10	0
31/03/07		£757	£652	£104	£2	£117	£115	2.1	8	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.6%
Fundraising Costs/Total Spending: 0.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 15%
Liabilities/Income: 30%
Unrestricted Funds/Total Funds: 19%
Reserves/Spending: 3.5 months
Net Current Assets/Spending: 4 months
Quick Ratio: 4.5

Asset Split ?

Established: 19 years

www.soarcommunity.org.uk

enquiries@soarcommunity.org.uk

01142134065

Charity Commission for England and Wales

Tweets

Listed activities

Accommodation/Housing
Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage
General Charitable Purposes
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Other facilities management and maintenance

How it operates

Acts as an umbrella or resource body
Makes Grants to Individuals
Makes Grants to Organisations
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Provides services
Sponsors or undertakes research

Where it operates

Sheffield City,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who works here?

44 employees
35 volunteers

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.

Specific Donations

Amount	When Months	To be used for
National Lottery Community Fund - The Polaris Project
£198,292	31/07/2023	The project will use the funding over three years to develop resilient and inclusive communities in north east Sheffield. This will be achieved through community development and volunteer support to ....more The project will use the funding over three years to develop resilient and inclusive communities in north east Sheffield. This will be achieved through community development and volunteer support to local neighbourhood organisations enabling people to access activities and services in local community spaces. This aims to reduce isolation and improve wellbeing.
National Lottery Community Fund - Burngreave Library Volunteering and Community Engagement
£9,923	28/01/2022	This project will support a community library that is volunteer led with 30 volunteers to provide community activities for local people. It has run various activities previously and will look to ....more This project will support a community library that is volunteer led with 30 volunteers to provide community activities for local people. It has run various activities previously and will look to reopen with children’s activities: homework club story times reading challenges chess cub book group and craft workshops. The aim is to bring people together as well as tackle issues of digital exclusion.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (16)

Current Trustees appointed

Gender Split

Based on 14/16 persons

Age Range of Trustees: 30-70

ABDUL KHAYUM CLLR Appointed: 2017

ANDREW DAVID MALE Appointed: 2021, Occupation: Retired

BRIDGET KELLY Appointed: 2022, Occupation: Unemployed

CALLUM JOHN PORTMAN ROSS Appointed: 2021

JOANNE HAYLES Appointed: 2023, Occupation: Tap Coordinator & Support Manager Scc

JOSEPHINE TOWL Appointed: 2021, Occupation: Quality Assurance Officer

MICHAEL LESLIE CHAPLIN CLLR Appointed: 2017

RAFIK ABDULAZIZ MOHAMMED AL-SAKKAF Appointed: 2018, Occupation: Academic

TALIB HUSSAIN Appointed: 2023, Occupation: Self Employed

TESSA KATE GODLEY Appointed: 2020, Occupation: Policy & Strategy Manager, Financial Services

WAN TEN YAP Appointed: 2020, Occupation: Treasury Specialist, Other trusteeships: SHEFFIELD TALKING NEWS, STOTHARD ROAD SCHEME LIMITED, DERBYSHIRE VOLUNTARY ACTION,

CLAIRE MARIE LANE (Chair) Appointed: 2013, Occupation: Housing Manager

CLLR PETER PRICE MBE Appointed: 2015, Other trusteeships: THE J G GRAVES CHARITABLE TRUST, POOR'S LAND, AUTISM PLUS LIMITED, WINCOBANK VILLAGE HALL TRUST, GRIMESTHORPE FAMILY CENTRE,

ELEANOR JANE HOULSTON Appointed: 2005, Occupation: Health Development Mgr

SIMON PETER RIPPON Appointed: 2018, Occupation: Director

MAXINE GREAVES Appointed: 2019, Occupation: Equality & Community Engagement, Academic Developm, Other trusteeship: SHEFFIELD MUSEUMS TRUST,

Legal constitution

Charitable company registered in England & Wales on 10/11/2005, number: 1112008
Registered at Companies House on 02/03/2004, number: 05060698

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

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
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

17 returns made; AR13: 1 days late,

Main office

SOAR
SOAR WORKS ENTEPRISE CENTRE
14 KNUTTON RD
SHEFFIELD
S5 9NU

Objectives

3.1 THE PROMOTION FOR THE PUBLIC BENEFIT OF URBAN OR RURAL REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION (AND IN PARTICULAR THE NORTH OF SHEFFIELD, SOUTH YORKSHIRE AS SHOWN EDGED IN BOLD ON THE ATTACHED PLAN) (THE AREA OF BENEFIT) BY ALL OR ANY OF THE FOLLOWING MEANS:3.1.1 THE RELIEF OF POVERTY3.1.2 THE RELIEF OF UNEMPLOYMENT3.1.3 THE ADVANCEMENT OF EDUCATION, TRAINING OR RETRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE3.1.4 THE PROVISIONS OF FINANCIAL ASSISTANCE, TECHNICAL ASSISTANCE OR BUSINESS ADVICE OR CONSULTANCY IN ORDER TO PROVIDE TRAINING AND EMPLOYMENT OPPORTUNITIES FOR UNEMPLOYED PEOPLE IN CASES OF FINANCIAL OR OTHER CHARITABLE NEED THROUGH HELP (I) IN SETTING UP THEIR OWN BUSINESS, OR (II) TO EXISTING BUSINESSES3.1.5 THE CREATION OF TRAINING AND EMPLOYMENT OPPORTUNITIES BY THE CREATION OF WORKSPACE, BUILDINGS AND/OR LAND FOR USE ON FAVOURABLE TERMS3.1.6 THE PROVISION OF HOUSING FOR THOSE WHO ARE IN CONDITIONS OF NEED AND THE IMPROVEMENT OF HOUSING IN THE PUBLIC SECTOR OR IN CHARITABLE OWNERSHIP PROVIDED THAT SUCH POWER SHALL NOT EXTEND TO RELIEVING ANY LOCAL AUTHORITIES OR OTHER BODIES OF A STATUTORY DUTY TO PROVIDE OR IMPROVE HOUSING3.1.7 THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES3.1.8 THE PRESERVATION OF BUILDINGS OR SITES OF HISTORIC OR ARCHITECTURAL IMPORTANCE3.1.9 THE PROVISION OF RECREATIONAL FACILITIES FOR THE PUBLIC AT LARGE OR THOSE WHO BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES HAVE NEED OF SUCH FACILITIES3.1.10 THE PROTECTION OR CONSERVATION OF THE ENVIRONMENT3.1.11 THE PROVISION OF PUBLIC HEALTH FACILITIES AND CHILDCARE3.1.12 THE PROMOTION OF PUBLIC SAFETY AND PREVENTION OF CRIME3.1.13 SUCH OTHER MEANS AS MAY FROM TIME TO TIME BE DETERMINED SUBJECT TO THE PRIOR WRITTEN CONSENT OF THE CHARITY COMMISSIONERS FOR ENGLAND AND WALES3.2 TO DETERMINE STRATEGIES THAT WHEN IMPLEMENTED WILL ASSIST THE REGENERATION OF THE AREA OF BENEFIT, IN PARTNERSHIP WITH HM GOVERNMENT, SHEFFIELD CITY COUNCIL AND THE BUSINESS, COMMUNITY AND VOLUNTARY SECTOR AS APPROPRIATE.

Defined Area of Benefit:

THE NORTH OF SHEFFIELD, SOUTH YORKSHIRE

Data Sources