WE MIND THE GAP

Charity number: 1161504
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

WeMindTheGap bridges the gap between young people aged 16 -25 yrs, disadvantaged by their circumstances, and the wider community in the North West including North Wales, Cheshire, Merseyside & Manchester. Through the provision of totally holistic, paid traineeships the aim is to give new opportunities in life and work which address any gaps in maturation, aspiration, confidence, care and skills.

Income and expenditure

Data for financial year ending 31 March 2025

Total income:
£909,802

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Donations and legacies £78.63k
Charitable activities £828.95k
Other trading activities £636
Investments £1.59k
Other £0

Total expenditure:
£923,896

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Raising funds £168
Charitable activities £923.73k
Other £0

£0 investments gains (losses)

Total income includes £587,848 from 3 government grant(s)

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.

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Raising funds and other expenditure £168
Charitable expenditure £923.73k

People

27 Employee(s)

5 Trustee(s)

1 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 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:
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
How the charity helps:
  • Provides Other Finance
  • Provides Services
Where the charity operates:
  • Denbighshire
  • Flintshire
  • Knowsley
  • Liverpool City
  • Manchester City
  • Wrexham

Governance

Registration history:
  • 30 April 2015: CIO registration
Organisation type:
CIO
Other names:
  • MONEYPENNY FOUNDATION (Previous name)
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
  • 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

5 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Kathleen Campbell Chair 27 March 2024
None on record
Kirsty Rogers Trustee 09 June 2022
None on record
Karen Ann Jones Trustee 09 June 2022
None on record
LOUISE GATENBY Trustee 26 November 2017
None on record
RACHEL CLACHER Trustee 31 March 2015
None on record

Financial history

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Financial period end date

Income / Expenditure 30/04/2021 30/04/2022 30/04/2023 30/04/2024 31/03/2025
Total gross income £930.24k £916.66k £953.76k £921.57k £909.80k
Total expenditure £662.71k £1.08m £780.68k £894.19k £923.90k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £650.11k £735.22k £255.00k £619.90k £587.85k
Income - Donations and legacies £129.49k £168.10k £158.08k £162.44k £78.63k
Income - Other trading activities £3.31k £6.58k £503 £108 £636
Income - Charitable activities £650.11k £735.22k £792.65k £756.67k £828.95k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £8 £42 £1.04k £2.19k £1.59k
Income - Other £147.32k £6.72k £1.47k £157 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £337.62k £1.07m £780.50k £893.30k £923.73k
Expenditure - Raising funds £1.00k £2.71k £178 £894 £168
Expenditure - Governance £6.49k £7.56k £0 £5.51k £5.76k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £324.09k £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 30/04/2021 30/04/2022 30/04/2023 30/04/2024 31/03/2025
Own use assets £24.02k £40.71k £22.71k £7.79k £6.19k
Long-term investments £0 £0 £0 £0 £0
Other assets £433.93k £369.07k £481.78k £418.69k £409.85k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £92.35k £203.18k £124.81k £19.43k £23.07k

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 March 2025 02 December 2025 On time
Accounts and TAR 31 March 2025 02 December 2025 On time Download Open in new window
Annual return 30 April 2024 16 January 2025 On time
Accounts and TAR 30 April 2024 16 January 2025 On time Download Open in new window
Annual return 30 April 2023 27 February 2024 On time
Accounts and TAR 30 April 2023 27 February 2024 On time Download Open in new window
Annual return 30 April 2022 02 February 2023 On time
Accounts and TAR 30 April 2022 02 February 2023 On time Download Open in new window
Annual return 30 April 2021 12 January 2022 On time
Accounts and TAR 30 April 2021 12 January 2022 On time
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.

CIO - FOUNDATION REGISTERED 30 APR 2015 AMENDED ON 26 AUG 2017 as amended on 20 Mar 2025

Charitable objects

The object of the CIO is to act as a resource for young people and their families who are aged between 11 ? 30 living in the UK by providing advice and assistance and organising programmes of work experience, physical, education and other activities. 1. advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals; 2. advancing education; 3. relieving unemployment; 4. providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons

Area of benefit

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

UK

Contact information

Address:
TY AVOW
21 EGERTON STREET
WREXHAM
LL11 1ND
Phone:
03339398818
Email:
admin@wemindthegap.org.uk
Website:

www.wemindthegap.org.uk Open in new window