Giroscope Limited

Analysis

Giroscope Limited is a registered charity in England and Wales, based in Hull. It was registered in January 2007, 19 years ago. Its declared purposes cover education/training, the prevention or relief of poverty, accommodation/housing and economic/community development/employment, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 02046356). It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.

In the financial year ending December 2025, Giroscope Limited reported income of £1.7m and spending of £1.5m, spending 89% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £1.0m to £1.7m (+60%), an average of +12% a year. The sharpest change came in the year to December 2024, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Giroscope Limited sits at the 95th percentile: it is larger than about 95% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Room to Read UK Limited (£1.7m), Mayheights Limited (£1.7m) and Sufra - NW London (£1.7m).

In its latest detailed accounts, income came from investments 73% and charitable activities 27%. Charitable activities took 79% of spending and raising funds 0.0%. Reserves of £7.1m would cover about 46 months of spending at that rate. It employed 21 people.