Finance Score: 5
Governance Score: 0
Support Score: 10
  • Liabilities <10%: +3
  • Excess liquidity: -1
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Static board: -3
  • Overall weighted support: +10
Overall GiG Score: 15 ?

WAI YIN SOCIETY

In essence we provide welfare and education services to the Chinese and other ethnic minority communities. We run projects such as elderly luncheon club and elderly carers for people over 60, women and family, youth, mental health to get people people back to the society, and adult education. We operate in the Greater Manchester area
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • Spending has increased over the last 3 years relative to the previous period
  • Fundraising costs are unusually low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

  • The Board composition appears to be rather static

Financial issues to consider:

  • Liquidity appeared to be in excess of CC guidelines at the latest year end especially considering the historic stability of income

Financial Data ?

Income & Spending ?
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
31/03/23£888£822£66£2£1,041£1,029152055
31/03/22£773£747£26£1£974£95715.42345
31/03/21£766£652£114£2£920£871162335
31/03/20£604£640£-36£2£792£79014.82155
31/03/19£615£609£7£3£825£82016.22065
31/03/18£702£631£71£4£821£81015.4210
31/03/17£572£567£5£6£749£73615.6190
31/03/16£567£659£-91£3£745£230.4400
31/03/15£699£719£-20£18£836£78713.1160
31/03/14£720£727£-7£20£856£83213.7200
31/03/13£722£698£24£12£863£79713.7210
31/03/12£1,021£924£97£24£839£79010.3320
31/03/11£1,432£1,306£127£24£743£7106.5280
31/03/10£1,427£1,279£148£22£616£6085.7290
31/03/09£1,341£1,308£34£11£468£4614.200
31/03/08£1,685£1,547£138£18£435£4243.3420
31/03/07£871£894£-24£12£297£2553.4410
31/03/06£800£847£-47n/an/an/an/an/an/a
31/03/05£898£880£18n/an/an/an/an/an/a
31/03/04£785£743£42n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0.2%
Fundraising Costs/Total Spending: 0.2%
Highest pay band: Less than £60,000
Liabilities/Assets: 9%
Liabilities/Income: 12%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 15 months
Net Current Assets/Spending: 8 months
Quick Ratio: 6.4
Asset Split ?
Balance Sheet History
Established: 26 years

www.waiyin.org.uk

info@waiyin.org.uk

01618330377

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Education/Training
  • General Charitable Purposes
GiG Classification
  • Practical support, advice & companionship
How it operates
  • Provides advocacy/advice/information
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Bolton, Bury, Manchester City, Oldham, Rochdale, Salford City, Stockport, Tameside, Trafford, Wigan,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People Of A Particular Ethnic Or Racial Origin

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.

Major supporters in last 5 years
National Lottery Community Fund£506,570
Lloyds Bank Foundation£52,250
Ministry for Housing, Communities and Local Government£39,963
DCMS£9,950
10GM£9,880
Specific Donations
Amount When
Months
To be used for
National Lottery Community Fund - Uncertain Futures
£9,950 26/05/2023
The funding will be used to make a film showing paid and unpaid work experiences of women over 50 so others can feel supported and know where to access support. The project aims to raise awareness of the issues women face to secure employment at ....more
Lloyds Bank Foundation - One off gift towards cost of living crisis to Wai Yin Society
£2,250 14/12/2022
One off gift to support with the cost of living crisis
10GM - Home from Hospital Targeted Investment Fund
£9,880 27/09/2022
To provide a culturally appropriate service to people from the Chinese community requiring support upon discharge from hospital, based on positive evidences from the “Winter Wonderland Hospital Discharge Project”, funded from January to March ....more
Lloyds Bank Foundation - Grant to Wai Yin Society
£50,000 25/07/2022
24
Unrestricted grant over two years towards the core costs of Wai Yin Society
Ministry for Housing, Communities and Local Government - Hong Kong British National Overseas (HKBNOs) Welcome Programme
£39,963 21/07/2021
Resettlement funding for Hong Kong British nationals (overseas)
National Lottery Community Fund - Reaching out to M8
£496,620 16/04/2021
Funding for the organisation will towards the delivery of a community development and empowerment programme to support education training employment and community integration for local people living in North Manchester.
DCMS - Coronavirus Community Support Fund
£9,950 07/09/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public ....more
Manchester City Council - Grant to Wai Yin Society
£5,000 01/04/2020
Employment Support Outcomes Funding
National Lottery Community Fund - Welcome Centre Garden Shop
£10,000 14/02/2019
12
The charity will run courses for its volunteers to allow them to contribute to the community shop as shop workers and working in producing food and items for sale through the community garden.
National Lottery Heritage Fund - Grant to Wai Yin Society
£36,900 08/05/2018
Crossing The Borders
Manchester City Council - Grant to Wai Yin Society
£5,750 01/05/2018
Grant to deliver a range of support to unemployed adults in Manchester
National Lottery Heritage Fund - Grant to Wai Yin Society
£34,900 29/09/2016
Writing The Future
National Lottery Community Fund - Way Out of Crisis
£514,918 03/03/2016
60
A project to provide services to people who face barriers to mainstream services, including migrants newly arrived in the UK. the project will support access services to housing, health care, welfare, education and employment, and peer support ....more
MACC - Kwan Wai Community Café Ardwick
£9,850 05/12/2014
We propose opening a Community Café at the Sheung Lok Centre, We will offer cheap and healthy Chinese lunches
National Lottery Heritage Fund - Grant to Wai Yin Society
£30,200 30/01/2014
Happiness and Joy at the Mid Autumn Moon Festival
National Lottery Community Fund - Way In - Active Citizenship programme
£280,439 12/07/2012
36
This is a new project to be delivered by Wai Yin Chinese Women Society (Wai Yin) throughout Greater Manchester. The aim is to provide an inclusive approach to promoting economic, social, cultural and political integration of people from a range of ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)
Current Trustees appointed

Age Range of Trustees: 38-66
  • ECHO MEI RONG LI-DOWARD Appointed: 2017, Occupation: Property Administrator
  • JUANITA YAU (Chair) Appointed: 1999, Occupation: Retires
  • JOANNE HAI NGAN CHAN Appointed: 2018, Occupation: Business Development Manager
  • SALLY LI Appointed: 2010, Occupation: Social Worker
  • WEI SHIEONG LAU Appointed: 2018, Occupation: Company Director
Legal constitution
  • Charitable company registered in England & Wales on 21/01/1999, number: 1073437
  • Registered at Companies House on 12/12/1997, number: 03479994
Gift Aid
  • Registered with HMRC for Gift Aid
Other Regulators
  • Ofsted (Office For Standards In Education)
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
  • 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

66-68 SWAN STREET
MANCHESTER
M4 5JU

Objectives

PROMOTE THE BENEFIT OF THE INHABITANTS AND PRIMARILY WOMEN OF CHINESE DESCENT IN THE GREATER MANCHESTER AREA WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION OR OF POLITICAL OR RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID INHABITANTS, LOCAL AUTHORITIES, AND VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION OF THE SAID INHABITANTS; ANDPROVIDE FACILITIES FOR RECREATION OR OTHER LEISURE-TIME OCCUPATION FOR THE SAID INHABITANTS IN THE INTERESTS OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFEESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE AND TO MAINTAIN AND MANAGE THE SAME (WHETHER ALONE OR IN CO-OPERATION WITH ANY LOCAL OR OTHER PERSON OR BODY) IN FURTHERANCE OF THE ABOVE OBJECT

Defined Area of Benefit:

GREATER MANCHESTER

Data Sources

Charity Commission for England and Wales
360 Giving

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great