Finance Score: 0

Governance Score: -11

Support Score: 0

Liabilities <10%: +3
Poor Liquidity: -1
Good Reserves: +1Strong growth: +2
Fundraising costs high: -5

No conflicts policy: -1
Narrow trustee age band: -2
Very static board: -5
All male board: -3

No supporters identified

Overall GiG Score: -11

NORMAN GARON TRUST

Grant making.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

This charity does not have a Conflict of Interests policy
The Board is completely male
The Board composition appears to be very static and has little diversity in terms of age

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
Fundraising costs are extremely high relative to funds raised

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
31/12/22	*	£2,764	£2,459	£305	£1,866	£5,898	£5,898	28.8	0
31/12/21		£2,233	£1,846	£387	£1,505	£5,465	£5,465	35.5	0
31/12/20		£1,441	£1,316	£125	£989	£4,576	£4,576	41.7	0
31/12/19		£210	£181	£29	n/a	n/a	n/a	n/a	n/a
31/12/18		£159	£57	£102	£0	£0	£0	n/a	0
31/12/17		£199	£113	£86	£0	£0	£0	n/a	0
31/12/16		£150	£99	£51	£0	£0	£0	n/a	0
31/12/15		£161	£133	£28	£0	£0	£0	n/a	0
31/12/14		£1,367	£1,326	£41	£1,217	£3,614	£40	0.4	0
31/12/13		£1,365	£1,341	£24	£1,181	£3,573	£30	0.3	0
31/12/12		£1,493	£1,396	£97	£1,293	£3,549	£-18	-0.2	0
31/12/11		£238	£144	£94	£0	£0	£0	n/a	0
31/12/10		£743	£814	£-71	£140	£3,744	£0	n/a	0
31/12/09		£299	£293	£6	£0	£0	£0	n/a	0
24/12/08		£288	£290	£-2	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 70%
Fundraising Costs/Total Spending: 76.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 6%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 28.8 months
Net Current Assets/Spending: -0 months
Quick Ratio: 0.3

Asset Split ?

Established: 17 years

02038138595

Charity Commission for England and Wales

Listed activities

Amateur Sport
General Charitable Purposes

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Individuals
Makes Grants to Organisations

Where it operates

Essex,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

Age Range of Trustees: 57-74

MICHEAL ELWYN HUGHES Appointed: 2007, Occupation: Chartered Surveyor

PAUL JUSTIN STENNETT Appointed: 2007, Occupation: Bank Manager

PHILIP JOHN TOLHURST Appointed: 2007, Occupation: Solicitor, Other trusteeships: BRENTWOOD DIOCESEAN CATHEDRAL AND CHORAL TRUST FUND, FOWLER SMITH AND JONES TRUST, ESSEX SHIRE HALL TRUST,

RICHARD FURLONGER Appointed: 2007, Occupation: Company Director

ROBERT ANDREW BYE Appointed: 2015, Occupation: Company Director

Legal constitution

Charitable company registered in England & Wales on 23/08/2007, number: 1120656
Registered at Companies House on 25/06/2007, number: 06291022

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Investment
Risk management

Filing Record

15 returns made; AR22: 177 days late,

Main office

THIRD FLOOR
MARLBOROUGH HOUSE
VICTORIA ROAD SOUTH
CHELMSFORD
ESSEX
CM1 1LN

Objectives

1 SUCH CHARITABLE PURPOSES THAT THE DIRECTORS SHALL FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION THINK FIT;2 WITHOUT PREJUDICE TO THE GENERALITY OF THE PRECEDING CLAUSE THE INCOME OF THE CHARITY'S TRUST FUND SHALL BE APPLIED PRIMARILY IN THE PROMOTION OF AND IN MAKING GRANTS IN AID OF AND TO PROMOTE SCOUTING IN ALL ITS FORMS IN THE ESSEX AREA AND IN PARTICULAR TO ESTABLISH AND MAINTAIN A SCOUTING PRESENCE IN SUTTON MANOR THE IMMEDIATE AND SURROUNDING AREA.

Defined Area of Benefit:

ESSEX

Data Sources