Finance Score: 2
Governance Score: 9
Support Score: 8
  • Excess liquidity: -1
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +8
Overall GiG Score: 19 ?

THE FERRY PROJECT 

Helping the homeless with love and support towards independence by providing personalised support and accommodation. We help to prevent homelessness by managing the Queen Mary Centre which provides a base for community organisations working with and for the local community. A central aim of the is to work closely with partners, including businesses, charities, churches and the public sector.
Analysis by Giving is Great

Positives:

  • There have been no material income shortfalls in recent years
  • 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 and gender and dynamic in terms of composition

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
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£2,081£1,799£282£12£3,057£2,73818.34424
31/03/22£1,506£1,544£-38£69£2,787£2,75621.44120
31/03/21£1,418£1,358£60£209£1,419£1,01693413
31/03/20£1,788£1,365£423£251£989£6585.8390
31/03/19£1,123£2,441£-1,318£240£522£2161.12737
31/03/18*£1,162£1,298£-136£270£770£5154.8280
31/03/17£1,230£1,085£145£202£907£5926.5340
31/03/16£1,078£1,069£8£0£1,206£1,09112.2370
31/03/15£2,097£1,180£917£4£988£9609.8340
31/03/14£1,158£1,172£-13£4£81£140.1380
31/03/13£1,047£1,037£10£3£94£360.4270
31/03/12£1,042£966£76£4£84£-3-0290
31/03/11£929£952£-23£4£9£-1-0300
31/03/10£838£844£-6£5£32£50.1260
31/03/09£870£846£24£5£38£50.1240
31/03/08£1,008£892£116£5£14£40320
31/03/07*£728£964£-236£3£-110£-114-1.4280
31/03/06?*£699£726£-28£0£0£0n/a00
31/12/04£391£397£-6£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0.6%
Fundraising Costs/Total Spending: 0.7%
Highest pay band: Less than £60,000
Liabilities/Assets: 10%
Liabilities/Income: 17%
Unrestricted Funds/Total Funds: 90%
Reserves/Spending: 18.3 months
Net Current Assets/Spending: 8 months
Quick Ratio: 3.7
Asset Split ?
Established: 25 years

www.ferryproject.org.uk

OctaviaAdmin@ferryproject.org.uk

01945 754080

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Accommodation/Housing
  • Arts/Culture/Heritage/Science
  • Economic/Community Development/Employment
  • Education/Training
  • Other Charitable Purposes
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Shelter for homeless, vulnerable & excluded people
How it operates
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Cambridgeshire, Lincolnshire, Norfolk,
Who it helps
  • Other Defined Groups

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.

Major supporters in last 5 years
Cambridgeshire Community Foundation£199,233
Ministry for Housing, Communities and Local Government£42,600
National Lottery Community Fund£10,000
Specific Donations
Amount When
Months
To be used for
Cambridgeshire Community Foundation - Enjoy Yourself
£100,000 13/12/2023
to deliver a programme of creative activities designed to build confidence and deliver low-key mental health and wellbeing support to 1,500 vulnerable people in Wisbech including those who are ....more
Cambridgeshire Community Foundation - Swap don't Shop
£63,600 20/07/2023
to continue running the 'Swap Don't Shop' initiative and the Donations Hub facility, which also involves a time swap sessions and volunteering opportunities
Cambridgeshire Community Foundation - Grant to The Ferry Project
£30,633 30/01/2023
12
to develop a recycling 'Swap Don't Shop' initiative and the Donations Hub facility as well as kickstarting a number of community and environmental activities, which will all create more volunteering ....more
Cambridgeshire Community Foundation - Grant to The Ferry Project
£5,000 15/05/2020
10
to pay staff costs for their Central Food & Donations Hub, to provide meals and weekly/monthly care packages to 500 homeless people currently accessing support
Ministry for Housing, Communities and Local Government - MHCLG Homelessness Fund
£42,600 07/05/2020
Organisations supporting homelessness
National Lottery Community Fund - Octavia's Furniture Project
£10,000 07/08/2019
12
Octavia's Furniture Project
Garfield Weston Foundation - Main Grants award
£10,000 05/06/2018
The Emergency Night Shelter
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)
Current Trustees appointed
Gender Split

Age Range of Trustees: 41-70
Legal constitution
  • Charitable company registered in England & Wales on 07/05/1999, number: 1075389
  • Registered at Companies House on 29/03/1999, number: 03742477
Gift Aid
  • 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
  • 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
19 returns made; AR18: 1 days late, AR07: 2 days late, AR06: 158 days late,
Main office

The Ferry Project
Octavia View
10a-14 South Brink
Wisbech
Cambridgeshire
PE13 1JQ

Objectives

1) THE RELIEF OF POVERTY, IN PARTICULAR BUT WITHOUT PREJUDICE TO THE FOREGOING, BY THE PROVISION OF ACCOMODATION AND EDUCATION, VOCATIONAL TRAINING AND TRAINING IN LIFE SKILLS TO ENABLE SUCH PERSONS TO GAIN EMPLOYMENT IN THE GEOGRAPHICAL COUNTIES OF NORFOLK LINCOLNSHIRE AND CAMBRIDGESHIRE.2) THE ADVANCEMENT OF THE CHRISTIAN RELIGION IN THE GEOGRAPHICAL COUNTIES OF NORFOLK LINCOLNSHIRE AND CAMBRIDGESHIRE

Defined Area of Benefit:

NORFOLK, LINCOLNSHIRE, CAMBRIDGESHIRE

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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