Finance Score: -8

Governance Score: 1

Support Score: 2

Excess reserves: -3
Fundraising costs high: -5

Narrow trustee age band: -2
Gender balanced board: +3

Grant maker support: +2

Overall GiG Score: -5

ENGINUITY

To promote and advance education, training and skills in science, technology, engineering and manufacturing, and in particular to advance skills in such areas as are or may be in future required by the engineering profession, for the development of: (i) persons employed or intending to be employed in Industry and / or commerce, and (ii) the public generally.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker recently
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

The Board has little diversity in terms of age

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £34,626,746 available, equivalent to 38 months of spending and so may not be able to utilise additional funding
Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/03/23		£13,324	£10,996	£2,328	£7,905	£34,627	£34,627	37.8	115
31/03/22		£12,158	£10,643	£1,515	£4,216	£36,629	£36,629	41.3	97
31/03/21		£9,390	£9,863	£-473	£3,311	£32,392	£32,392	39.4	103
31/03/20		£12,670	£12,769	£-99	£5,023	£28,893	£28,893	27.2	100
31/03/19		£13,410	£11,798	£1,612	£9,253	£31,384	£31,384	31.9	103
31/03/18		£12,299	£11,758	£541	£9,561	£29,402	£29,402	30	109
31/03/17		£13,698	£12,627	£1,071	£11,127	£28,585	£28,585	27.2	124
31/03/16		£15,858	£15,207	£651	£12,210	£24,282	£24,282	19.2	143
31/03/15		£17,688	£15,214	£2,474	£11,499	£29,196	£29,196	23	157
31/03/14		£16,854	£14,979	£1,875	£9,693	£30,481	£30,481	24.4	170
31/03/13		£18,056	£16,445	£1,611	£10,098	£28,719	£28,719	21	172
31/03/12		£14,763	£14,990	£-227	£8,976	£26,441	£26,441	21.2	161
31/03/11		£15,439	£16,554	£-1,115	£8,421	£26,943	£26,943	19.5	193
31/03/10		£20,442	£21,534	£-1,092	£13,310	£30,302	£30,302	16.9	213
31/03/09		£21,005	£21,012	£-7	£14,175	£23,682	£23,682	13.5	209
31/03/08		£18,295	£18,054	£241	£11,919	£30,912	£30,912	20.5	169
31/03/07		£15,609	£15,265	£344	£10,008	£32,155	£32,155	25.3	146
31/03/06	*	£12,698	£12,211	£487	£0	£0	£0	n/a	0
31/03/05	*	£5,557	£7,886	£-2,328	£0	£0	£0	n/a	0
31/03/04	*	£4,588	£7,475	£-2,887	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 59.8%
Fundraising Costs/Total Spending: 72.4%
Senior Staff Costs/Total Spending: 26%
Highest pay band: £250,000-£300,000
Liabilities/Assets: 15%
Liabilities/Income: 44%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 37.8 months
Net Current Assets/Spending: 5 months
Quick Ratio: 1.5

Asset Split ?

Established: 34 years

www.enginuity.org

Customer.Services@enginuity.org

08456439001

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Business and employers associations

How it operates

Makes Grants to Organisations
Provides advocacy/advice/information
Provides services
Sponsors or undertakes research

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Other Defined Groups
The General Public/Mankind

Who works here?

115 employees

Who's supporting them? ?

Donations from Grant Makers ?

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

Specific Donations

Amount	When Months	To be used for
Department for Business, Energy and Industrial Strategy - Teesside University and Enginuity KTP 22_23 Rd 1
£8,023	01/04/2022	Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projects?ref=10032126

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Age Range of Trustees: 50-62

DAME JUDITH HACKITT DBE FRENG (Chair) Appointed: 2017

MARK TARRY Appointed: 2018, Occupation: Accountant

MICHAEL EVANS Appointed: 2017, Occupation: Managing Director

PAUL BIRT Appointed: 2018, Occupation: Hr Director

PAUL PERERA Appointed: 2020, Occupation: Vp

SARAH SANDLE Appointed: 2018, Occupation: Vp Strategy

SELMA HUNTER Appointed: 2017, Occupation: Director

VICTORIA HELEN SAWARD Appointed: 2019, Occupation: Programme Director

SHARRON PAMPLIN Appointed: 2018, Occupation: Hr, Other trusteeship: BRITISH HEART FOUNDATION,

Legal constitution

Charitable company registered in England & Wales on 11/09/1990, number: 1000328
Registered at Companies House on 05/12/1988, number: 02324869

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

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

Filing Record

20 returns made; AR06: 2 days late, AR05: 1 days late, AR04: 1 days late,

Main office

Enginuity
Unit 2
The Orient Centre
Greycaine Road
Watford
WD24 7GP

Objectives

Defined Area of Benefit:

NOT DEFINED

Data Sources