Finance Score: 1

Governance Score: 9

Support Score: 0

Liabilities <10%: +3
Excess reserves: -4
Large legacies income: +1
Multiple Deficits: -2
Fundraising costs low: +3

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

No supporters identified

Overall GiG Score: 10

LATCH WELSH CHILDREN'S CANCER CHARITY

To support the children, and their families, who are receiving treatment on Rainbow Ward (Children's Oncology) at the Children's Hospital for Wales. This includes providing Social Worker support, grants for families, accommodation for parents during treatment and much more.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
This charity has received considerable income from legacies in recent years
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £3,468,333 available, equivalent to 49 months of spending and so may not be able to utilise additional funding
On several occasions in recent years income has been less than spending

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	Volun- teers
31/12/22		£891	£848	£43	£29	£3,558	£3,468	49.1	20
31/12/21		£521	£1,899	£-1,378	£23	£3,847	£3,828	24.2	20
31/12/20		£574	£645	£-71	£11	£4,857	£4,857	90.4	20
31/12/19		£767	£784	£-17	£44	£4,981	£4,981	76.3	30
31/12/18		£669	£866	£-196	£40	£4,630	£4,630	64.2	50
31/12/17		£806	£773	£33	£31	£5,093	£5,093	79.1	0
31/12/16		£1,903	£716	£1,187	£40	£4,907	£4,907	82.2	0
31/12/15		£869	£1,525	£-656	£92	£3,466	£3,466	27.3	0
31/12/14		£680	£642	£37	£87	£4,163	£4,163	77.8	0
31/12/13		£1,049	£573	£476	£83	£4,085	£4,010	83.9	0
31/12/12		£684	£581	£102	£80	£3,410	£3,289	67.9	0
31/12/11		£589	£578	£10	£74	£3,186	£3,035	63	0
31/12/10		£720	£426	£295	£86	£3,245	£3,051	86	0
31/12/09		£630	£366	£264	£65	£2,810	£2,576	84.5	0
31/12/08		£508	£289	£219	£69	£2,378	£2,109	87.5	0
31/12/07		£412	£352	£60	£0	£0	£0	n/a	0
31/12/06	*	£756	£260	£495	£0	£0	£0	n/a	0
31/12/05		£368	£293	£76	£0	£0	£0	n/a	0
31/12/04	*	£2,662	£1,036	£1,626	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 4.9%
Fundraising Costs/Total Spending: 4.3%
Highest pay band: Less than £60,000
Liabilities/Assets: 4%
Liabilities/Income: 16%
Unrestricted Funds/Total Funds: 97%
Reserves/Spending: 49.1 months
Net Current Assets/Spending: 9 months
Quick Ratio: 4.5

Asset Split ?

Established: 20 years

www.latchwales.org

info@latchwales.org

029 2074 8858

Charity Commission for England and Wales

Tweets

Listed activities

Disability
General Charitable Purposes
Other Charitable Purposes
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Other specialist outpatient services

How it operates

Makes Grants to Individuals
Provides advocacy/advice/information
Provides human resources
Provides other finance
Provides services
Sponsors or undertakes research

Where it operates

Throughout Wales,

Who it helps

Children/Young People
Other Defined Groups
People With Disabilities

Who works here?

Unknown number of employees
20 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Age Range of Trustees: 48-72

HARRIET MORGAN Appointed: 2022, Occupation: Solicitor

JAMES RUDOLF Appointed: 2015, Occupation: Managing Director

JOHN MILNER Appointed: 2015, Occupation: It Project Manager

LYN DAVID HOWELL Appointed: 2015, Occupation: Retired

PETER PATTERSON Appointed: 2021, Occupation: Retired

PHILIP REARDON-SMITH Appointed: 2015, Occupation: Civil Servant

SIAN HOWELL Appointed: 2006, Occupation: Retired

SUSAN GWYER-ROBERTS (Chair) Appointed: 2019, Occupation: Retired

RICHARD BEVAN Appointed: 2023, Occupation: Director Of Corporate Developm, Other trusteeship: The Care Collective De Cymru Limited,

Legal constitution

Charitable company registered in England & Wales on 28/11/2003, number: 1100949
Registered at Companies House on 15/04/2003, number: 04735773

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

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

Filing Record

19 returns made; AR06: 67 days late, AR04: 92 days late,

Main office

CHILDREN'S HOSPITAL FOR WALES
HEATH PARK
CARDIFF
CF14 4XW

Objectives

TO RELIEVE CHILDREN SUFFERING FROM CANCER AND LEUKAEMIA (INCLUDING TUMOURS) AND THE FAMILIES OF SUCH CHILDREN BY SUCH CHARITABLE MEANS AS THE TRUSTEES SEE FIT, IN PARTICULAR BUT NOT EXCLUSIVELY BY:(A) GRANTING FINANCIAL AID TO THOSE CHILDREN AND THE FAMILIES OF THOSE CHILDREN WHO HAVE BEEN REFERRED TO THE REGIONAL PAEDIATRIC ONCOLOGY UNIT, WHEREVER THAT MAY BE SITUATED FROM TIME TO TIME; AND/OR(B) SUPPORTING, MAINTAINING AND DEVELOPING SPECIALIST MEDICAL CARE AFFORDED OR REFERRED TO BY THE SAID UNIT BY MEANS OF FINANCIAL AID OR OTHERWISE FOR THE BENEFIT OF THOSE CHILDREN REFERRED TO THE SAID ONCOLOGY UNIT.

Defined Area of Benefit:

NOT DEFINED.

Data Sources