Finance Score: 5

Governance Score: 6

Support Score: 0

Strong growth: +2
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3

Large volunteers +5

Overall GiG Score: 16

SPONSORS FOR EDUCATIONAL OPPORTUNITY LIMITED

Sponsors for Educational Opportunity (SEO) London is a not-for-profit organisation focused on improving access into the most competitive professions from under-represented ethnic minority backgrounds through a comprehensive training, mentoring and networking programme designed to improve their chances of securing graduate careers with the UK's most impressive graduate employers.

Analysis by Giving is Great

Positives:

This charity has been very successful in attracting volunteers relative to its size
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

Over half the Board have joined recently

Financial issues to consider:

Liquidity appeared to be in excess of CC guidelines at the latest year end but spending has been increasing rapidly

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
31/08/22		£3,424	£2,391	£1,033	£22	£3,043	£3,043	15.3	42	2,980
31/08/21		£2,917	£1,476	£1,441	£27	£2,010	£2,010	16.3	24	3,000
31/08/20	*	£1,044	£1,077	£-34	£19	£570	£570	6.3	19	200
31/08/19		£1,230	£989	£240	£15	£603	£603	7.3	18	30
31/08/18		£993	£943	£51	£17	£363	£363	4.6	18	31
31/08/17		£1,304	£1,177	£127	£59	£312	£312	3.2	16	0
31/08/16?	*	£791	£841	£-49	£63	£185	£185	2.6	20	0
31/12/15		£1,186	£1,091	£96	£17	£234	£234	2.6	19	0
31/12/14		£1,018	£1,014	£4	£17	£139	£139	1.6	19	0
31/12/13		£1,027	£954	£74	£13	£135	£135	1.7	16	0
31/12/12	*	£859	£903	£-44	£46	£61	£61	0.8	12	0
31/12/11	*	£738	£723	£15	£8	£105	£105	1.7	14	0
31/12/10		£439	£578	£-139	£0	£0	£0	n/a	0	0
31/12/09	*	£460	£536	£-76	£0	£0	£0	n/a	0	0
31/12/08	*	£611	£628	£-17	£533	£304	£0	n/a	5	0
31/12/07	*	£425	£449	£-24	£0	£0	£0	n/a	0	0
31/12/06	*	£417	£345	£73	£0	£0	£0	n/a	0	0
31/12/05	*	£427	£260	£167	£0	£0	£0	n/a	0	0
31/12/04	*	£302	£235	£66	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.7%
Fundraising Costs/Total Spending: 0.9%
Senior Staff Costs/Total Spending: 12%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 22%
Liabilities/Income: 25%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 15.3 months
Net Current Assets/Spending: 15 months
Quick Ratio: 3.6

Asset Split ?

Established: 21 years
(23 years as a company)

seo-london.org

abigail.moss@seo-london.org

02074000403

Charity Commission for England and Wales

Tweets

Listed activities

Economic/Community Development/Employment
Education/Training
General Charitable Purposes

GiG Classification

Technical, vocational and continuing education

How it operates

Provides advocacy/advice/information
Provides human resources
Provides services

Where it operates

France, Throughout London,

Who it helps

Children/Young People
Other Defined Groups
People Of A Particular Ethnic Or Racial Origin
The General Public/Mankind

Who works here?

42 employees
2,980 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (10)

Current Trustees appointed

Age Range of Trustees:

KENE EJIKEME Appointed: 2024

KOKOU AGBO BLOUA Appointed: 2023

AUSAF ABBAS Appointed: 2008, Occupation: Investment Banker

ANDREW AMIEL FAIRBAIRN (Chair) Appointed: 2022, Occupation: Charity Executive

DEVESH PRADEEP SHAH Appointed: 2022, Occupation: Financial Executive

MOHIT KUMAR AGHARWAL Appointed: 2014

NAVEEN WADHERA Appointed: 2023, Occupation: Financial Executive

NISHI GROSE Appointed: 2014, Occupation: Investment Banker

PAMELA HUTCHINSON Appointed: 2023, Occupation: Business Executive

ZOE JANE ASHCROFT Appointed: 2003, Occupation: Lawyer, Other trusteeships: BRITISH AMERICAN DRAMA ACADEMY, THE CLIMATE CHANGE ORGANISATION,

Legal constitution

Charitable company registered in England & Wales on 05/06/2003, number: 1097832
Registered at Companies House on 13/02/2001, number: 04159512

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

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

Filing Record

19 returns made; AR20: 3 days late, AR16: 68 days late, AR12: 26 days late, AR11: 111 days late, AR09: 190 days late, AR08: 90 days late, AR07: 146 days late, AR06: 231 days late, AR05: 324 days late, AR04: 689 days late,

Main office

41 Great Guilford Street
London
SE1 0ES

Objectives

THE CHARITY'S OBJECTS ARE:(A) TO PROMOTE THE ADVANCEMENT OF EDUCATION BY PROVIDING ADVICE, TRAINING, COACHING AND MENTORING TO STUDENTS AND YOUNG PERSONS IN THE UK OR ELSEWHERE WHO ARE EITHER FROM SUCH RACIAL GROUPS AS THE TRUSTEES MAY CONSIDER TO BE UNDER REPRESENTED IN ANY AREAS OF EDUCATION OR EMPLOYMENT OR IN ANY OTHER ACTIVITY, OR WHO ARE FROM SUCH OTHER GROUPS OR BACKGROUNDS AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE, IN ORDER TO ASSIST ANY SUCH PERSONS TO LEARN SKILLS AND QUALITIES SUCH AS SELF-MOTIVATION, EFFECTIVE COMMUNICATION, LEADERSHIP AND OTHER VOCATIONAL, PERSONAL, SOCIAL OR PASTORAL SKILLS, WITH A VIEW TO ALL OR ANY OF THE FOLLOWING:(I) ENCOURAGING THEM IN PURSUIT OF ACADEMIC ACHIEVEMENT;(II) GUIDING THEM AND ASSISTING HEM CONCERNING THE EXPLORATION AND EXPLOITATION OF OPPORTUNITIES FOR EDUCATION AND EMPLOYMENT;(III) ASSISTING THEM TO DEVELOP THEIR POTENTIAL AND IMPROVE THEIR CHANCES OF ENTERING AND PROGRESSING IN CAREERS IN WHICH MEMBERS OF THEIR RACIAL GROUP ARE UNREPRESENTED IN THE UK OR ELSEWHERE;(IV) INSTIGATING CAREER AND WORK EXPERIENCE INITIATIVES WITH SPECIFIC COMPANIES, INSTITUTIONS OR OTHER ORGANISATIONS IN ONE OR MORE OF THE FOLLOWING SECTORS OR PROFESSIONS: THE ARTS, FINANCE, BANKING, INVESTMENT BANKING, COMMERCE, LAW, ACCOUNTANCY, TECHNOLOGY, MEDIA, PHILANTHROPY, CONSULTANCY AND OTHER SUCH SECTORS OR PROFESSIONS AS THE TRUSTEES MAY, FROM TIME TO TIME, IN THEIR DISCRETION DETERMINE;(V) ENCOURAGING AND ENABLING THEM TO TAKE PART IN VOLUNTARY AND/OR COMMUNITY SERVICE ACTIVITIES.(B) TO PROMOTE THE RELIEF OF UNEMPLOYMENT OF PEOPLE FROM CERTAIN RACIAL GROUPS THAT ARE UNDER-REPRESENTED IN THE WORKFORCE IN THE UK BY PROVIDING ADVICE, TRAINING, COACHING, MENTORING AND ENCOURAGEMENT TO APPLY FOR JOBS IN CAREER AREAS IN WHICH THEY HAVE BEEN TRADITIONALLY UNDER-REPRESENTED.

Defined Area of Benefit:

UK OR ELSEWHERE

Data Sources