Finance Score: 0

Governance Score: 0

Support Score: 3

Liabilities <10%: +3
Excess reserves: -3
Volatile income: -3
Fundraising costs low: +3

Gov Income
Grant maker support: +3

Overall GiG Score: 3

GLORY HOUSE

The advancement of Christian ReligionThe relief of aged poor sick or disabled

Analysis by Giving is Great

Positives:

The charity has received Government grants
This charity has a robust balance sheet
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £1,816,636 available, equivalent to 35 months of spending and so may not be able to utilise additional funding
Income has been volatile recently

Established: 31 years

gloryhouse.org.uk

enquiries@gloryhouse.org.uk

02075111188

Charity Commission for England and Wales

Tweets

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	Volun- teers
31/03/22		£571	£615	£-44	£3	£1,817	£1,817	35.4	9	70
31/03/21	*	£601	£600	£1	£4	£1,879	£1,879	37.6	9	72
31/03/20		£659	£702	£-43	£7	£1,878	£1,877	32.1	9	70
31/03/19		£697	£765	£-68	£4	£1,922	£1,920	30.1	12	0
31/03/18		£756	£823	£-68	£5	£1,990	£1,981	28.9	8	80
31/03/17	*	£936	£736	£200	£9	£2,074	£2,069	33.7	15	0
31/03/16	*	£1,089	£1,039	£50	£6	£1,874	£1,871	21.6	14	0
31/03/15	*	£960	£899	£61	£154	£1,824	£1,597	21.3	14	0
31/03/14	*	£878	£982	£-104	£196	£1,762	£1,554	19	14	0
31/03/13	*	£1,088	£1,192	£-104	£221	£1,867	£1,358	13.7	20	0
31/03/12	*	£947	£1,329	£-383	£248	£1,970	£1,451	13.1	25	0
31/03/11	*	£1,847	£1,762	£84	£291	£2,353	£1,819	12.4	23	0
31/03/10	*	£2,245	£2,269	£-24	£317	£2,273	£1,799	9.5	21	0
31/03/09	*	£2,025	£2,006	£19	£276	£2,275	£1,880	11.2	23	0
31/03/08?	*	£2,542	£2,213	£329	£356	£2,255	£1,843	10	30	0
31/12/06		£1,711	£1,605	£106	£0	£0	£0	n/a	0	0
31/12/05	*	£2,043	£1,796	£246	£0	£0	£0	n/a	0	0
31/12/04	*	£1,628	£1,485	£143	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.7%
Fundraising Costs/Total Spending: 0.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 6%
Liabilities/Income: 22%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 35.4 months
Net Current Assets/Spending: 0 months
Quick Ratio: 1.3

Asset Split ?

Listed activities

Religious Activities

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides buildings/facilities/open space
Provides services

Where it operates

Newham,

Who it helps

The General Public/Mankind

Who works here?

9 employees
70 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

AKINTUNDE AKINOLA SOFOLA Appointed: 2017

KWAKU OFORI BOATENG Appointed: 2020

OMOTARA AQUAVI TALABI Appointed: 2020

AYODEJI CHARLES FADEYIBI Appointed: 2020

HENRY OLUWAKAYODE OLAYIMIKA OGUNDANA Appointed: 2020

Legal constitution

Charity registered in England & Wales on 22/01/1993, number: 1016583

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

18 returns made; AR21: 87 days late, AR17: 59 days late, AR16: 2 days late, AR15: 34 days late, AR14: 1 days late, AR13: 1 days late, AR12: 2 days late, AR11: 2 days late, AR10: 171 days late, AR09: 150 days late, AR08: 174 days late, AR05: 34 days late, AR04: 49 days late,

Main office

SPRINGFIELD LYONS HOUSE
SPRINGFIELD LYONS APPROACH
SPRINGFIELD
CHELMSFORD
ESSEX
CM2 5TH

Objectives

1.THE ADVANCEMENT OF THE CHRISTIAN RELIGION EITHER IN THE UNITED KINGDOM OR OVERSEAS. 2.THE ADVANCEMENT FOR THE PUBLIC BENEFIT OF RELIGIOUS OR OTHER EDUCATION. 3.THE RELIEF OF THE AGED, POOR, SICK OR DISABLED.

Defined Area of Benefit:

NOT DEFINED

Data Sources