Finance Score: 3
Governance Score: 6
Support Score: 10
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Overall weighted support: +10
Overall GiG Score: 19 ?

THE CORN EXCHANGE (NEWBURY) TRUST

The object of the charity is the education of the public in the arts in West Berkshire and the surrounding districts.
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

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£2,488£2,432£55£107£1,673£1,4877.348127
31/03/22£2,521£2,450£72£76£1,040£8594.245131
31/03/21£2,049£1,690£359£23£777£5433.939125
?31/03/20£2,072£2,080£-9£117£740£52733846
31/03/19£2,432£2,159£273£0£683£2771.545120
31/03/18£2,234£2,044£190£0£375£1080.6430
31/03/17£2,286£2,059£227£92£71£-183-1.1440
31/03/16£1,983£1,911£71£0£65£-48-0.3340
31/03/15£1,928£1,721£207£99£-87£-216-1.5270
31/03/14£1,502£1,495£8£61£-83£-101-0.8260
31/03/13£1,482£1,504£-22£96£41£0-0260
31/03/12£1,349£1,218£131£103£49£-10-0.1250
31/03/11*£1,396£1,324£72£87£95£1401.3200
31/03/10£1,308£1,297£11£92£-222£-287-2.7210
31/03/09£1,465£1,407£58£93£-31£-99-0.8250
31/03/08£1,637£1,693£-56£98£42£-63-0.4270
31/03/07*£1,577£1,651£-74£168£68£120.100
31/03/06*£1,515£1,514£1n/an/an/an/an/an/a
31/03/05£1,384£1,389£-5n/an/an/an/an/an/a
31/03/04*£1,209£1,282£-73n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 4.8%
Fundraising Costs/Total Spending: 4.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 21%
Liabilities/Income: 19%
Unrestricted Funds/Total Funds: 89%
Reserves/Spending: 7.3 months
Net Current Assets/Spending: 7 months
Quick Ratio: 3.8
Asset Split ?
Balance Sheet History
Established: 25 years

www.cornexchangenew.com

admin@cornexchangenew.co.uk

01635582666

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
  • Recreation
GiG Classification
  • Other welfare services
How it operates
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Bracknell Forest, Hampshire, Oxfordshire, Reading, Slough, West Berkshire, Wiltshire, Windsor And Maidenhead, Wokingham,
Who it helps
  • The General Public/Mankind

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
DCMS£795,369
National Lottery Community Fund£338,872
Garfield Weston Foundation£140,000
The Foyle Foundation£122,000
Specific Donations
Amount When
Months
To be used for
The Foyle Foundation - Arts
£100,000 28/11/2023
towards the capital redevelopment of the Old Library to become a permanent home for creative wellbeing activity and a new studio theatre
Garfield Weston Foundation - Major Grants award
£100,000 26/06/2023
Old Library Capital project
Backstage Trust - Capital grant
£15,480 04/10/2022
Feasibility study ahead of capital redevelopment to create new Learning Centre
Department for Work and Pensions - CORN EXCHANGE (NEWBURY) TRUST LIMMITED
£4,071 01/04/2022
The Kickstart Scheme provides funding to employers to create jobs for 16 to 24 year olds on Universal Credit.
Garfield Weston Foundation - Main Grants award
£40,000 04/03/2022
Corn Exchange (Newbury) Trust core costs
The Foyle Foundation - Arts
£22,000 03/12/2021
towards the residential 101Labs to support the development and creation of new work for public spaces and innovation in site-specific and outdoor performance
DCMS - Culture Recovery Fund: Continuity Support
£120,000 22/10/2021
To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further funding in order to be able to operate on a ....more
National Lottery Community Fund - Ageing Creatively Continued
£338,872 11/02/2021
60
The theatre company will provide arts activities for older people in care settings the community and in their own arts venues across West Berkshire. Activities include singing music a memory café dance sessions and storytelling. This will improve ....more
DCMS - Coronavirus Community Support Fund
£76,000 25/06/2020
"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
DCMS - National portfolio organisation 2018 - 2022
£239,324 01/04/2020
We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of us is valued and given the chance to flourish and ....more
DCMS - Corn Exchange Emergency Fund Application
£240,045 01/04/2020
To support Arts and Culture throughout England
DCMS - Culture Recovery Fund - Round 2
£120,000 01/04/2020
To support Arts and Culture throughout England
Garfield Weston Foundation - Main Grants award
£25,000 16/05/2018
Specialist gallery equipment at The Base
National Lottery Community Fund - Ageing Creatively West Berkshire
£117,110 04/04/2016
36
This is a new project to develop an arts and learning programme for older people to help them maintain their independence and well-being. It will focus on supporting those living in care, recently retired or at risk of social isolation, and be ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split

Age Range of Trustees: 41-92
  • BECKI MCKINLAY Appointed: 2018, Occupation: Fundraising Consultant
  • JEFF BECK Appointed: 2011, Occupation: Retired
  • KAMAL BAHIA Appointed: 2021, Occupation: Nhs Executive
  • LORD GEORGE REGINALD OLIVER CARNARVON, Occupation: Farmer Director
  • LUISA HINCHLIFFE Appointed: 2021
  • REBECCA CONSTABLE Appointed: 2018, Occupation: Director, Private Bank
  • ROBERT HOLLAND (Chair) Appointed: 2013, Occupation: Chartered Accountant
  • ROBERT HAYES Appointed: 2019, Occupation: Heritage Manager
Legal constitution
  • Charitable company registered in England & Wales on 04/05/2000, number: 1080567
  • Registered at Companies House on 13/01/2000, number: 03908975
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
  • 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; AR11: 86 days late, AR07: 13 days late, AR06: 1 days late, AR04: 2 days late,
Main office

Corn Exchange
Market Place
Newbury
RG14 5BD

Objectives

THE EDUCATION OF THE PUBLIC IN THE ARTS IN WEST BERKSHIRE AND SURROUNDING DISTRICTS.

Defined Area of Benefit:

WEST BERKSHIRE AND SURROUNDING DISTRICTS.

Data Sources

Charity Commission for England and Wales
360 Giving

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