FAIRSHARE EDUCATIONAL FOUNDATION

Charity number: 1117244

Charity overview

Activities - how the charity spends its money

The main areas of charitable activity are in campaigning and education of the public in the principles, practice and effects of responsible and ethical investment.

Income and expenditure

Data for financial year ending 31 January 2024

Total income:
£6,564,093

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Donations and legacies £1.09m
Charitable activities £4.98m
Other trading activities £462.24k
Investments £18.44k
Other £11.42k

Total expenditure:
£6,545,460

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Raising funds £391.09k
Charitable activities £6.15m
Other £0

-£788 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £391.09k
Charitable expenditure £6.15m
Retained for future use £18.63k

People

90 Employee(s)

8 Trustee(s)

100 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 5
£70k to £80k 1
£80k to £90k 1
£90k to £100k 3
£120k to £130k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Environment/conservation/heritage
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 14 December 2006: Standard registration
Organisation type:
Charitable company
Other names:
  • FAIRPENSIONS (Working name)
  • SHAREACTION (Working name)
Company number:
05013662 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • 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
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Liubov Nikulina Trustee 01 April 2025
None on record
June Hutchison Boyle Trustee 01 April 2025
None on record
Andrew Clifford Wales Trustee 01 April 2025
None on record
Alexia Wai-Chun Tye Trustee 01 January 2024
UK CENTRE FOR ECOLOGY & HYDROLOGY
Received: On time
Ian Stuart Brindley Trustee 01 January 2023
None on record
Nicholas Glicher Trustee 01 June 2021
None on record
Kevin Chih-Cheng Chuah Trustee 01 June 2021
None on record
Alice Steenland Trustee 14 January 2020
None on record

Financial history

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Financial period end date

Income / Expenditure 31/01/2020 31/01/2021 31/01/2022 31/01/2023 31/01/2024
Total gross income £2.64m £3.12m £3.61m £5.06m £6.56m
Total expenditure £2.67m £2.84m £3.49m £4.83m £6.55m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £506.70k £313.53k £55.44k N/A N/A
Income - Donations and legacies £583.76k £710.77k £706.24k £919.85k £1.09m
Income - Other trading activities £115.36k £272.01k £357.94k £422.14k £462.24k
Income - Charitable activities £1.92m £2.08m £2.52m £3.70m £4.98m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £634 £174 £299 £286 £18.44k
Income - Other £12.62k £66.62k £21.51k £25.81k £11.42k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £2.59m £2.75m £3.39m £4.57m £6.15m
Expenditure - Raising funds £83.72k £88.48k £103.24k £257.38k £391.09k
Expenditure - Governance £0 £0 £12.10k £10.63k £11.68k
Expenditure - Grants institution £0 £0 £0 £102.41k £43.96k
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/01/2020 31/01/2021 31/01/2022 31/01/2023 31/01/2024
Own use assets £0 £0 £0 £0 £0
Long-term investments £3.43k £3.57k £7.30k £8.32k £7.41k
Other assets £1.85m £2.47m £2.27m £4.92m £4.13m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.08m £1.42m £1.11m £3.52m £2.71m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 January 2024 22 October 2024 On Time
Accounts and TAR 31 January 2024 22 October 2024 On Time Download Open in new window
Annual return 31 January 2023 01 December 2023 1 days late
Accounts and TAR 31 January 2023 01 December 2023 1 days late Download Open in new window
Annual return 31 January 2022 22 November 2022 On Time
Accounts and TAR 31 January 2022 22 November 2022 On Time Download Open in new window
Annual return 31 January 2021 26 October 2021 On Time
Accounts and TAR 31 January 2021 26 October 2021 On Time Download Open in new window
Annual return 31 January 2020 30 November 2020 On Time
Accounts and TAR 31 January 2020 30 November 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 13/01/2004 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 13/12/2006 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 04/11/2014 as amended on 12 Jun 2019 as amended on 13 Sep 2022 as amended on 07 Dec 2023

Charitable objects

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

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
Runway East
The Hickman Building
2 Whitechapel Road
LONDON
E1 1EW
Phone:
02074037800
Email:
info@shareaction.org
Website:

www.shareaction.org Open in new window