What is the financial size of SPADEWORK LIMITED?

SPADEWORK LIMITED is classified as a large charity. In the latest financial year, they reported a total income of £2,525,059 and total expenditure of £2,420,067.

How does SPADEWORK LIMITED allocate its spending?

For every pound spent, approximately 95.8% goes directly to charitable activities. The remaining 4.2% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.8%).

What is the workforce structure of SPADEWORK LIMITED?

SPADEWORK LIMITED employs 42 staff members and is supported by 43 volunteers.

Does SPADEWORK LIMITED receive government funding?

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Does SPADEWORK LIMITED pay its trustees?

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

← Back to search

SPADEWORK LIMITED

#291198

Charitable company•Large•Registered

www.spadework.org.uk

Spadework is a charity that enables people to be more independent, feel less isolated and live happier, healthier and more fulfilling lives. Working in the heart of their community, they provide a wide range of meaningful opportunities for adults with learning and other disabilities, for those living with dementia and for people experiencing problems with their mental health.

Registered address

Spadework Ltd, Teston Road, Offham, WEST MALLING, Kent, ME19 5NA

Latest HighlightsFY 2024

Income

All sources

£2,525,059

Expenditure

All activities

£2,420,067

Net Reserves

Unrestricted funds

£1,247,591

Total Assets

Gross assets

£1,685,905

Working Capital

Liquidity

£-245,119

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

6.2 months

Median: 3.8 monthsAround typical

Income Growth (1yr)

15.8%

Median: 7.4%Around typical

Spending Efficiency

95.8%

Median: 97.8%Around typical

Income Concentration

42.2%

Median: 87.9%Top quartile

Fundraising ROI

24.8x

Median: 19.2xAround typical

Income Volatility

25.4%

Median: 20.6%Around typical

Self-Generated Income

88.5%

Median: 82.9%Around typical

3-Year Income CAGR

16.1%

Median: 7.8%Around typical

Efficiency & Health

Charitable Spending

95.8%

Fundraising Eff.

% income retained

24.8%

Governance Cost

% of expenditure

Grant Making

% given away

Debt Ratio

% of assets

26.0%

Survival Ratio

Months of reserves

6.2 months

Income Profile

Donations & Legacies

% of income

11.5%

Government Reliance

% of income

Largest Source

Primary income

Trading

Diversification

HHI: 4215

Moderately Concentrated

Trends

Income Growth (1yr)

Year over Year

15.8%↑

Income CAGR (3yr)

Compound growth

16.1%

Volatility

Moderate Volatility

25.4%

Reserves Trend

Direction

Stable

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

1.0:1

Revenue/Employee

Per head

£60,120

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

2.4%

Source: Charity Commission annual returns. Figures may differ from published accounts. Always verify with official charity filings for due diligence.

Charts

Income vs Expenditure

Income Sources

Assets vs Liabilities

5 Year Trend

Workforce Scale

Employees & Volunteers

Frequently Asked Questions

Related Charities

Similar charities in Education/training

OXFORD DIOCESAN BOARD OF EDUCATION

#1133586Large

Income£17.5M

LINACRE COLLEGE

#1142130Large

Income£10.9M

THE NATIONAL SOCIETY (CHURCH OF ENGLAND AND CHURCH IN WALES) FOR THE PROMOTION OF EDUCATION

#313070Large

Income£10.0M

BURGESS HILL SCHOOL FOR GIRLS COMPANY

#307001Large