SOCIAL BUSINESS TRUST

Charity number: 1136151
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Social Business Trust is a partnership of world class businesses who share a common goal - to use their combined resources and experience to help accelerate the growth of ambitious social enterprises, increasing social impact and making sustainable positive change.

Income and expenditure

Data for financial year ending 31 May 2024

Total income:
£8,647,904

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Donations and legacies £8.64m
Charitable activities £0
Other trading activities £0
Investments £8.47k
Other £0

Total expenditure:
£8,626,834

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Raising funds £140.07k
Charitable activities £8.49m
Other £0

£8,473 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 £140.07k
Charitable expenditure £8.49m
Retained for future use £21.07k

People

5 Employee(s)

10 Trustee(s)

405 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£100k to £110k 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

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Advocacy/advice/information
  • Other Charitable Activities
Where the charity operates:
  • Throughout England And Wales
  • Scotland

Governance

Registration history:
  • 02 June 2010: Standard registration
Organisation type:
Charitable company
Other names:
  • SCALE-UP (Working name)
  • SCALE-UP (Previous name)
Company number:
07242976 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment 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
  • 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
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

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Larissa Joy Chair 24 April 2018
THE CHARLES RUSSELL SPEECHLYS FOUNDATION
Received: On time
THRIVE AT FIVE
Received: On time
Anne Drakeford Trustee 06 September 2022
None on record
Madeleine Hale Trustee 09 September 2020
None on record
Harry Nicholson Trustee 09 September 2020
None on record
Jan-Coos Geesink Trustee 05 June 2019
None on record
JAMES HADLEY Trustee 05 June 2019
None on record
Michael Crossan Trustee 08 March 2018
None on record
Guy Davies Trustee 25 November 2013
THE HYGIENE BANK
Received: On time
Coram Shakespeare Schools Foundation
Received: On time
PAUL RICHARD ARMSTRONG Trustee
None on record
SIMON MILTON Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/05/2020 31/05/2021 31/05/2022 31/05/2023 31/05/2024
Total gross income £3.45m £3.76m £4.32m £6.27m £8.65m
Total expenditure £3.43m £3.60m £4.15m £6.50m £8.63m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £3.44m £3.76m £4.32m £6.26m £8.64m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £114 £455 £9.53k £8.47k
Income - Other £14.51k £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £3.30m £3.42m £4.01m £6.39m £8.49m
Expenditure - Raising funds £131.15k £179.06k £136.78k £111.55k £140.07k
Expenditure - Governance £0 £100.59k £111.09k £85.03k £18.74k
Expenditure - Grants institution £0 £3.04m £316.08k £0 £8.11m
Expenditure - Investment management £0 £0 £0 £0 £121.33k
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 31/05/2020 31/05/2021 31/05/2022 31/05/2023 31/05/2024
Own use assets £5.37k £4.32k £3.86k £5.97k £3.39k
Long-term investments £0 £0 £0 £0 £0
Other assets £542.85k £704.84k £886.52k £644.46k £676.99k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £14.82k £15.27k £29.09k £16.22k £25.11k

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 May 2024 11 February 2025 On Time
Accounts and TAR 31 May 2024 11 February 2025 On Time Download Open in new window
Annual return 31 May 2023 04 March 2024 On Time
Accounts and TAR 31 May 2023 04 March 2024 On Time Download Open in new window
Annual return 31 May 2022 07 February 2023 On Time
Accounts and TAR 31 May 2022 07 February 2023 On Time Download Open in new window
Annual return 31 May 2021 16 February 2022 On Time
Accounts and TAR 31 May 2021 16 February 2022 On Time Download Open in new window
Annual return 31 May 2020 07 April 2021 7 days late
Accounts and TAR 31 May 2020 07 April 2021 7 days late 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 4 MAY 2010. CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 11 NOVEMBER 2010.

Charitable objects

THE OBJECTS OF THE CHARITY (THE OBJECTS) ARE TO PURSUE ANY EXCLUSIVELY CHARITABLE OBJECTS AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION THINK FIT BY ANY MEANS INCLUDING BUT NOT LIMITED TO PROVIDING GRANTS OR OTHER FORMS OF FINANCIAL ASSISTANCE, MATERIALS OR ASSISTANCE IN KIND.

Area of benefit

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

UNDEFINED. IN PRACTICE, NATIONAL

Contact information

Address:
Sayer Vincent Llp
110 Golden Lane
LONDON
EC1Y 0TG
Phone:
07733 432970
Email:
joanne@socialbusinesstrust.org
Website:

www.socialbusinesstrust.org Open in new window