Finance Score: -1

Governance Score: 6

Support Score: 5

Poor Liquidity: -1
Strong growth: +2
Multiple Deficits: -2

Good trustee age range: +3
Dynamic board: +3

Large volunteer base +3
Overall weighted support: +2

Overall GiG Score: 10

15BILLIONEBP

To advance for the public benefit the education and training of children and young people with particular reference to equipping them for employment and facilitating their obtaining work in industry, commerce and the professions.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received backing from a grant maker
There has been strong growth in spending over the last 5 years
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
There has been a change of accounting period recently, so trends may be hard to determine
On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

N.B. data has been adjusted to reflect year end change

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/08/23	£1,809	£1,983	£-174	£0	£293	£240	1.5	44	1,000
31/08/22?	£3,208	£3,351	£-143	£0	£551	£551	2	49	2,500
31/03/21	£1,252	£1,352	£-100	£0	£686	£643	5.7	27	50
31/03/20	£1,141	£1,275	£-134	£0	£858	£750	7.1	27	0
31/03/19	£2	£2	£0	n/a	n/a	n/a	n/a	n/a	n/a
31/03/18	£452	£455	£-3	n/a	n/a	n/a	n/a	n/a	n/a
31/03/17	£493	£526	£-33	n/a	n/a	n/a	n/a	n/a	n/a
31/03/16	£572	£584	£-12	£0	£446	£446	9.2	13	0
31/03/15	£507	£576	£-68	£21	£458	£437	9.1	11	0
31/03/14	£605	£462	£144	£21	£518	£458	11.9	15	0
31/03/13	£576	£554	£22	£59	£381	£368	8	13	0
31/03/12	£498	£587	£-89	n/a	n/a	n/a	n/a	n/a	n/a
31/03/11	£560	£592	£-31	£28	£448	£440	8.9	13	0
31/03/10	£676	£712	£-36	£21	£479	£479	8.1	9	0
31/03/09	£685	£657	£28	£25	£515	£477	8.7	11	0
31/03/08	£840	£752	£88	£24	£486	£409	6.5	10	0
31/03/07	£677	£621	£56	£57	£399	£311	6	12	0
31/03/06	£546	£527	£19	n/a	n/a	n/a	n/a	n/a	n/a
31/03/05	£1,842	£1,827	£15	n/a	n/a	n/a	n/a	n/a	n/a
31/03/04	£2,184	£2,228	£-44	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 8%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 66%
Liabilities/Income: 26%
Unrestricted Funds/Total Funds: 82%
Reserves/Spending: 1.5 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.3

Asset Split ?

Balance Sheet History

Established: 34 years

www.15billionebp.org

info@15billionebp.org

020 8536 3630

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Other education support

How it operates

Provides human resources
Provides services

Where it operates

Barking And Dagenham, City Of London, Greenwich, Hackney, Havering, Lewisham, Newham, Redbridge, Tower Hamlets, Waltham Forest,

Who it helps

Children/Young People

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Greater London Authority - 15billionebp
£149,850	01/01/2020	Positive activities for young people involved in crime or at risk of crime or exclusion

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (12)

Current Trustees appointed

Age Range of Trustees: 31-74

CHARLES JOHN BELCHER Appointed: 2009, Occupation: Consultant

JAMES COLIN JENNINGS Appointed: 2022, Occupation: Senior Partnership Manager

JENNIFER ANN WILKINS Appointed: 2014, Occupation: Headmistress

KISHEN GAJJAR Appointed: 2021, Occupation: Management Consultant

LARISA BUDAEVA Appointed: 2022, Occupation: Director / Ceo

RICHARD STEPHENS Appointed: 2023, Occupation: Director, Fixed Income Sales

ROBERT HALES Appointed: 2015, Occupation: Manager

SIMON CLINTON Appointed: 2018, Occupation: Solicitor Of The Supreme Court Of England And Wale

SIMON PIESSE Appointed: 2021, Occupation: Management Consultant

SUGATHAN SAHADEVAN (Chair) Appointed: 2006, Occupation: Self Employed

SUNDEEP BHANDARI Appointed: 2018, Occupation: Independent Non Executive Director

ZENAB MUMTAZ Appointed: 2023, Occupation: Socio Economic Development Manager

Legal constitution

Charitable company registered in England & Wales on 09/08/1990, number: 1000041
Registered at Companies House on 24/01/1990, number: 02462697

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
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

Filing Record

20 returns made; all on time

Main office

Unit 220
Mirror Works
12 Marshgate Lane
LONDON
E15 2NH

Objectives

TO ADVANCE FOR THE PUBLIC BENEFIT THE EDUCATION AND TRAINING OF CHILDREN AND YOUNG PERSONS WITHIN THE LONDON BOROUGH OF NEWHAM WITH PARTICULAR REFERENCE TO EQUIPPING THEM FOR EMPLOYMENT AND FACILITATING THEIR OBTAINING WORK IN INDUSTRY COMMERCE AND THE PROFESSIONS.

Defined Area of Benefit:

LONDON BOROUGH OF NEWHAM.

Data Sources

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