SMALLPEICE TRUST LIMITED

Charity number: 313719
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Charity provides public benefit by promoting the advancement of education and in particular engineering and technological education. The Charity promotes engineering, design, manufacturing, enterprise and technology as a career to young people aged from 8 to 18 by providing a professionally executed subsidised programme of residential courses and associated educational activities.

Income and expenditure

Data for financial year ending 31 August 2024

Total income:
£3,196,224

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Donations and legacies £224.42k
Charitable activities £2.37m
Other trading activities £0
Investments £561.09k
Other £45.29k

Total expenditure:
£3,645,587

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Raising funds £839.54k
Charitable activities £2.81m
Other £0

£1,492,064 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.

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Raising funds and other expenditure £839.54k
Charitable expenditure £2.81m

People

42 Employee(s)

9 Trustee(s)

541 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£70k to £80k 1
£80k to £90k 2

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
Who the charity helps:
  • Children/young People
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Organisations
  • Provides Services
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 17 January 1968: Standard registration
  • 17 December 2020: Funds received from 1091988 ARKWRIGHT SCHOLARSHIPS TRUST
  • 06 March 2023: Funds received from 1062993 THOMAS GERALD GRAY CHARITABLE TRUST
Organisation type:
Charitable company
Other names:
  • THE SMALLPEICE TRUST (Working name)
Company number:
00882371 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
  • 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 owns and/or leases 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

9 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Professor Alison Halstead Chair 06 September 2018
None on record
Fatemah Shirin Dehghan Trustee 08 June 2023
None on record
Andrew David Parker Trustee 08 June 2023
None on record
Graham Heaven Trustee 09 June 2022
None on record
Abiram Ganeshanathan Trustee 08 September 2021
None on record
Jacqueline Marie Newsome Trustee 05 September 2019
None on record
Glynis Dean Trustee 06 September 2018
None on record
David Gavin Thompson Trustee 03 September 2015
None on record
Trevor Michael Gill FREng Trustee 05 December 2013
THE RADIO COMMUNICATIONS FOUNDATION
Received: On time
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MILDRED'S, LEE, DIOCESE OF SOUTHWARK
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Total gross income £2.16m £2.52m £3.70m £2.84m £3.20m
Total expenditure £3.50m £2.97m £3.04m £4.43m £3.65m
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 £748.04k £661.52k £1.64m £637.21k £224.42k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £616.93k £1.23m £1.41m £1.55m £2.37m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £648.41k £518.36k £514.77k £576.63k £561.09k
Income - Other £144.68k £119.85k £134.36k £73.80k £45.29k
Income - Legacies £48.93k £0 £0 £0 £0
Expenditure - Charitable activities £2.98m £2.65m £2.74m £4.15m £2.81m
Expenditure - Raising funds £513.55k £328.02k £299.29k £278.03k £839.54k
Expenditure - Governance £81.24k £52.25k £43.55k £66.87k £70.92k
Expenditure - Grants institution £0 £115.30k £283.90k £103.32k £123.08k
Expenditure - Investment management £113.44k £49.11k £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 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Own use assets £1.20m £1.09m £991.66k £904.23k £922.27k
Long-term investments £16.73m £19.18m £19.37m £19.80m £21.30m
Other assets £2.35m £3.06m £3.21m £1.65m £806.43k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £971.45k £1.08m £1.09m £1.78m £1.41m

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 August 2024 05 February 2025 On Time
Accounts and TAR 31 August 2024 05 February 2025 On Time Download Open in new window
Annual return 31 August 2023 21 February 2024 On Time
Accounts and TAR 31 August 2023 21 February 2024 On Time Download Open in new window
Annual return 31 August 2022 10 May 2023 On Time
Accounts and TAR 31 August 2022 10 May 2023 On Time Download Open in new window
Annual return 31 August 2021 03 May 2022 On Time
Accounts and TAR 31 August 2021 03 May 2022 On Time Download Open in new window
Annual return 31 August 2020 22 March 2021 On Time
Accounts and TAR 31 August 2020 22 March 2021 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 28/06/1966 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 28/04/1970 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20/12/1974 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 23/05/2002 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 16/06/2011 as amended on 15 May 2023

Charitable objects

THE ADVANCEMENT OF EDUCATION AND IN PARTICULAR BUT NOT EXCLUSIVELY TO SUPPORT, ENCOURAGE, PROMOTE, DEVELOP AND MAINTAIN ENGINEERING AND TECHNOLOGICAL EDUCATION IN ALL ITS BRANCHES, INCLUDING DESIGN FOR EASY PRODUCTION.

Area of benefit

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

NOT DEFINED

Contact information

Address:
The Smallpeice Trust
74 Upper Holly Walk
Leamington Spa
CV32 4JL
Phone:
01926333200
Email:
info@smallpeicetrust.org.uk
Website:

http://www.smallpeicetrust.org.uk Open in new window