Finance Score: -9
Governance Score: 3
Support Score: 0
  • Liabilities <10%: +3
  • Excess reserves: -4
  • Multiple Deficits and declines: -5
  • Fundraising costs high: -3
  • Dynamic board: +3
  • No supporters identified
Overall GiG Score: -6 ?

PROJECT POSSIBLE 

Project Possible is a Christian charity that provides the spark for overlooked people to get their poverty fighting ventures off the ground. We work through local partners globally to establish small spark projects that provide funds and mentoring to turn their ideas into reality. Undergirding these ventures we run hands on early-stage nurturing projects providing skills training and education.
Analysis by Giving is Great

Positives:

  • The charity has received modest backing from a grant maker
  • This charity has a robust balance sheet
  • The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Over half the Board have joined recently

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £2,694,567 available, equivalent to 45 months of spending and so may not be able to utilise additional funding
  • Income has been volatile and on several occasions in recent years less than spending
  • Fundraising costs are 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 Volun-
teers
31/03/23£519£723£-204£86£2,719£2,69544.7100
31/03/22£469£861£-392n/an/an/an/an/a0
31/03/21£706£1,303£-597£127£3,395£3,37931.193
31/03/20£638£841£-202£118£3,412£3,38248.397
31/03/19£569£909£-341£77£3,911£3,85750.988
31/03/18£4,635£1,010£3,625£68£4,223£4,15949.480
31/03/17£637£893£-256£84£576£4866.580
31/03/16*£729£869£-140£63£832£73010.140
31/03/15£558£879£-321£59£971£85511.740
31/03/14£762£685£77£56£1,292£1,18720.840
31/03/13£778£669£108£60£1,215£1,12620.230
31/03/12£744£566£178£56£1,107£1,00421.330
31/03/11£768£625£142£16£928£82815.920
31/03/10£1,184£581£602£14£786£68414.120
31/03/09£597£609£-13£12£184£1763.500
31/03/08£662£736£-73£17£196£1893.100
05/04/07£635£595£40£21£270£2605.200
05/04/06*£639£566£73£0£0£0n/a00
05/04/05£400£448£-48£0£0£0n/a00
05/04/04*£445£429£16£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 25.5%
Fundraising Costs/Total Spending: 15%
Highest pay band: Less than £60,000
Liabilities/Assets: 10%
Liabilities/Income: 56%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 44.7 months
Net Current Assets/Spending: 2 months
Quick Ratio: 2.2
Asset Split ?
Established: 26 years

www.projectpossible.org.uk

office@projectpossible.org.uk

01494433170

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Overseas Aid/Famine Relief
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Social & legal advocacy
How it operates
  • Makes Grants to Individuals
  • Makes Grants to Organisations
Where it operates
  • Bangladesh, Bolivia, Buckinghamshire, Cameroon, Chad, Congo (Democratic Republic), Ecuador, India, Kenya, Nepal, Pakistan, South Africa, Uganda,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People With Disabilities
  • The General Public/Mankind
Who works here?
  • 10 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 Transport - EVHS / Home Chargers 21/2846
£700 01/04/2021
Electric Vehicle Homecharge Scheme (EVHS) refers to a government grant for electric car home chargers, provided by the Office for Zero Emission Vehicles (OZEV).

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)
Current Trustees appointed

Age Range of Trustees: 54-73
  • ILLIA DJADI Appointed: 2023, Occupation: Advocacy Officer
Legal constitution
  • Charitable company registered in England & Wales on 19/05/1998, number: 1069608
  • Registered at Companies House on 10/03/1998, number: 03524732
Gift Aid
  • 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
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR16: 2 days late, AR06: 39 days late, AR04: 20 days late,
Recent reorganisation events:
  • Asset transfer in from THE ACORN FOUNDATION on 05/11/2019
Main office

3 MANOR COURTYARD
HUGHENDEN AVENUE
HIGH WYCOMBE
HP13 5RE

Objectives

MAINTENANCE ADVANCEMENT AND PROMOTION OF THE CHRISTIAN FAITH BY SUCH MEANS AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT AND FOR SUCH CHARITABLE PURPOSES FOR THE RELIEF OF POVERTY AND FOR THE ADVANCEMENT OF EDUCATION AND SUCH OTHER CHARITABLE PURPOSES BENEFICIAL TO THE COMMUNITY NOT FALLING UNDER ANY OF THE PRECEDING HEADS OF THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT

Defined Area of Benefit:

NOT DEFINED IN PRACTICE WORLDWIDE

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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