Finances
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HELM FINANCES

Income

Helm’s income in 2022/23 was £834,490 and mostly comprised grant and foundation funding, and statutory funding. Our income this year fell from the previous year, with our education provision in Dundee coming to an end and a gap in funding for employability support. The Board of Directors took the decision to use reserves during the funding gap to keep our experienced and skilled team in place.

Expenditure

In 2022/23, 89.72% of expenditure was spent on our charitable activities, a figure Helm is proud to celebrate.

Looking forward

Looking forward, we have expanded our fundraising team in response to a changing climate within statutory funding. In future years, we will have a greater focus on generating unrestricted funding through community fundraising and by engaging with the corporate sector. We recognise that the cost of living crisis, leaving the EU and long-term effects to economy caused by Covid will make fundraising more challenging. In response, we are putting in place systems now, to ensure the long-term financial stability for the charity. Our focus for future years will be diversifying income streams and building our social enterprises, while still maintaining a focus on areas already proven to be successful in the past.

Are you a company keen to support Helm to provide sustainable, unrestricted income? Our friendly Fundraising Team would love to hear from you if so. You can reach them by emailing hello@helmtraining.co.uk and read about our corporate giving opportunities here.

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Helm has been supporting young people aged 15 to 25 years, in Dundee, to gain education and employment, for over 40 years. As a grassroots organisation we have maintained our connections with communities as we have grown to work across Tayside.

Contact Us

Address:

Helm
Sea Captain’s House
48 St Andrew’s Lane
Dundee DD1 2EY

Phone:
+44 1382 224464

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