Finance Score: 4

Governance Score: 6

Support Score: 0

Excess liquidity: -1
Positive trading contribution: +2;Fundraising costs low: +3

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

No supporters identified

Overall GiG Score: 10

CASTLE CAVENDISH FOUNDATION

Castle Cavendish Foundation is a charitable organisation that exists to support the vibrant communities of Radford and Hyson Green. It is committed to the long-term regeneration of the area, reinvesting the proceeds from its property portfolio into better services, better infrastructure and a better quality of life for generations to come.

Analysis by Giving is Great

Positives:

More than half of total income was derived from trading and fees in the latest year
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 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
31/03/23		£1,135	£1,078	£56	£12	£1,595	£1,516	16.9	13
31/03/22		£1,087	£1,114	£-27	£15	£1,539	£1,512	16.3	13
31/03/21		£906	£1,044	£-138	£1	£1,565	£1,539	17.7	12
31/03/20		£1,035	£1,034	£1	£4	£1,697	£1,617	18.8	12
31/03/19		£798	£783	£15	£2	£1,711	£1,711	26.2	10
31/03/18		£940	£1,290	£-350	£3	£1,837	£1,794	16.7	14
31/03/17		£961	£1,004	£-43	£4	£2,217	£2,182	26.1	14
31/03/16		£710	£813	£-103	£5	£2,260	£2,245	33.1	11
31/03/15		£709	£775	£-67	£68	£1,728	£1,681	26	8
31/03/14		£522	£688	£-166	£54	£1,795	£1,795	31.3	6
31/03/13		£687	£748	£-60	£61	£1,960	£1,960	31.5	5
31/03/12		£505	£710	£-205	£31	£3,058	£3,055	51.7	2
31/03/11		£12	£241	£-229	£0	£0	£0	n/a	0
31/03/10		£3,723	£3,776	£-53	£131	£431	£431	1.4	10
31/03/09		£6,420	£6,459	£-39	£23	£485	£485	0.9	32
31/03/08	*	£7,194	£6,670	£524	£46	£524	£524	0.9	30

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Financial Ratios

Fundraising Costs/Relevant Income: 2.4%
Fundraising Costs/Total Spending: 1.1%
Senior Staff Costs/Total Spending: 7%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 13%
Liabilities/Income: 20%
Unrestricted Funds/Total Funds: 95%
Reserves/Spending: 16.9 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.9

Asset Split ?

Established: 17 years
(23 years as a company)

www.castlecavendish.org.uk

info@castlecavendish.org.uk

01159648351

Charity Commission for England and Wales

Tweets

Listed activities

Accommodation/Housing
Amateur Sport
Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Acts as an umbrella or resource body
Makes Grants to Organisations
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services

Where it operates

Nottingham City,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who works here?

13 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (9)

Current Trustees appointed

Age Range of Trustees: 27-59

BENGISU SAHIN Appointed: 2021, Occupation: Paralegal

ANDREW MICHAEL ATHERTON Appointed: 2024, Occupation: Management Consultant

FADZAI GAMBANGA Appointed: 2020, Occupation: Human Resources

NATALIE REBECCHI Appointed: 2023, Occupation: Project Manager

JAY PAUL LUDDITT Appointed: 2019, Occupation: Senior Marketing Leader

JOHN ABDO ROWLAND YDLIBI Appointed: 2021, Occupation: Chartered Accountant, Other trusteeships: THE CAMPAIGN TO PROTECT RURAL ENGLAND - NOTTINGHAMSHIRE, Derbyshire Addictions Advice Service,

PARVEEN BEGUM Appointed: 2018, Occupation: Mother

SHOAIB KHAN Appointed: 2017, Occupation: Project Manager

ZANE POWERS Appointed: 2019, Occupation: Marketing Consultant

Legal constitution

Charitable company registered in England & Wales on 27/04/2007, number: 1119003
Registered at Companies House on 02/05/2001, number: 04209702

Gift Aid

NOT registered with HMRC for Gift Aid

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
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

16 returns made; AR08: 28 days late,

Main office

Castle Cavendish Ltd
Castle Cavendish Business Centre
Dorking Road
Nottingham
NG7 5PN

Objectives

THE PROMOTION FOR THE BENEFIT OF THE PUBLIC OF URBAN REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION (AND IN PARTICULAR IN RADFORD AND HYSON GREEN) BY ALL OR ANY OF THE FOLLOWING MEANS:A) THE RELIEF OF THOSE IN NEED, BY REASON OF YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGES;B) THE RELIEF OF UNEMPLOYMENT;C) THE ADVANCEMENT OF EDUCATION AND TRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE, AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE;D) THE PROVISION OF FINANCIAL ASSISTANCE, TECHNICAL ASSISTANCE OR BUSINESS ADVICE OR CONSULTANCY IN ORDER TO PROVIDE TRAINING AND EMPLOYMENT OPPORTUNITIES FOR UNEMPLOYED PEOPLE IN CASES OF FINANCIAL OR OTHER CHARITABLE NEED THROUGH HELP: (I) IN SETTING UP THEIR OWN BUSINESS, OR (II) TO EXISTING BUSINESSES;E) THE CREATION OF TRAINING AND EMPLOYMENT OPPORTUNITIES BY THE PROVISION OF WORKSPACE, BUILDINGS, AND/OR LAND FOR USE ON FAVOURABLE TERMS;F) THE PROVISION OF HOUSING FOR THOSE WHO ARE IN CONDITIONS OF NEED AND THE IMPROVEMENT OF HOUSING IN THE PUBLIC SECTOR OR IN CHARITABLE OWNERSHIP PROVIDED THAT SUCH POWER SHALL NOT EXTEND TO RELIEVING ANY LOCAL AUTHORITIES OR OTHER BODIES OF A STATUTORY DUTY TO PROVIDE OR IMPROVE HOUSING;G) THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES, INCLUDING THE ADVANCEMENT OF ARTS, CULTURE, HERITAGE AND SCIENCE;H) THE PRESERVATION OF BUILDINGS OR SITES OF HISTORIC OR ARCHITECTURAL IMPORTANCE;I) THE PROVISION OF RECREATIONAL FACILITIES FOR THE PUBLIC AT LARGE OR THOSE WHO BY REASON OF THEIR YOUTH, AGE , INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES, HAVE NEED OF SUCH FACILITIES;J) THE PROTECTION OR CONSERVATION OF THE ENVIRONMENT;K) THE PROVISION OF PUBLIC HEALTH FACILITIES AND CHILDCARE;L) THE PROMOTION OF PUBLIC SAFETY AND THE PREVENTION OF CRIME;M) THE DEVELOPMENT OF THE CAPACITY AND SKILLS OF THE MEMBERS OF THE COMMUNITY IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY, AND HELP MEET, THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY; ANDN) THE PROMOTION OF ANY OTHER RECOGNISED CHARITABLE PURPOSE, THROUGH SUCH OTHER MEANS AS MAY FROM TIME TO TIME BE DETERMINED SUBJECT TO THE PRIOR WRITTEN CONSENT OF THE CHARITY COMMISSION FOR ENGLAND AND WALES.

Defined Area of Benefit:

RADFORD AND HYSON GREEN AND BEYOND

Data Sources