Finance Score: -6

Governance Score: 6

Support Score: 2

Reasonable growth: +1
Deficit latest year: -2
Fundraising costs high: -5

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

Grant maker support: +2

Overall GiG Score: 2

THE ASSOCIATION FOR CULTURAL ENTERPRISES

The charity is run by and for cultural heritage trading professionals. It provides education, information and continuing professional development for all its members and promotes best practice. New members are always warmly welcome.

Analysis by Giving is Great

Positives:

There has been reasonable growth in spending over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
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:

Income was lower than spending in the latest year
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
31/03/23		£671	£769	£-98	£295	£337	£337	5.3	8
31/03/22		£684	£681	£3	£0	£434	£434	7.7	7
31/03/21		£487	£385	£102	n/a	n/a	n/a	n/a	n/a
31/03/20	*	£461	£498	£-37	n/a	n/a	n/a	n/a	n/a
31/03/19		£644	£563	£82	£0	£367	£367	7.8	6
31/03/18		£485	£497	£-12	£0	£0	£0	n/a	0
31/03/17		£496	£467	£28	£0	£0	£0	n/a	0
31/03/16		£401	£356	£45	£0	£0	£0	n/a	0
31/03/15		£274	£266	£8	£0	£0	£0	n/a	0
31/03/14		£280	£283	£-3	£0	£0	£0	n/a	0
31/03/13		£251	£205	£46	£0	£0	£0	n/a	0
31/03/12		£209	£167	£42	£0	£0	£0	n/a	0
31/03/11		£105	£75	£30	£0	£0	£0	n/a	0
31/03/10		£96	£58	£38	£0	£0	£0	n/a	0
31/03/09		£112	£51	£62	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 72.2%
Fundraising Costs/Total Spending: 38.3%
Senior Staff Costs/Total Spending: 12%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 21%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 5.3 months
Net Current Assets/Spending: 4 months
Quick Ratio: 3.3

Asset Split ?

Established: 16 years

www.culturalenterprises.org.uk

info@culturalenterprises.org.uk

01388 741394

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Museums, parks, historical sites

How it operates

Acts as an umbrella or resource body
Provides advocacy/advice/information

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

8 employees

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
National Lottery Heritage Fund - Grant to Association For Cultural Enterprises
£10,000	08/02/2023	Conference bursary support application

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)

Current Trustees appointed

Gender Split

Age Range of Trustees: 29-63

GABRIELA FERREIRA FERNANDEZ GANDOLFINI Appointed: 2021, Occupation: Head Of Visitor Experience

KINGSTON ADAM MYLES Appointed: 2021, Occupation: Head Of Commercial Development

MATTHEW MARTIN HENDERSON Appointed: 2021, Occupation: Product Development Manager

ANTHONY MISQUITTA Appointed: 2016, Occupation: Solicitor

CHRISTOPHER PAUL GILBERT Appointed: 2015, Occupation: Accountant, Other trusteeship: BOW STREET POLICE MUSEUM,

JOANNA CLARKSON Appointed: 2021, Occupation: Accountant, Other trusteeship: IN2OUT,

RODNEY PHILLIP TAYLOR Appointed: 2015, Occupation: Museum Manager

IAIN ASHTON WATSON Appointed: 2019, Occupation: Director, Tyne & Wear Museums And Archives Service, Other trusteeship: TYNESIDE CINEMA,

LAURA WRIGHT Appointed: 2019, Occupation: Chief Executive, Postal Museum, Other trusteeship: WYSING ARTS CHARITY,

ZAK MENSAH Appointed: 2019, Occupation: Head Of Transformation, Other trusteeship: CULTURE 24,

Legal constitution

Charitable company registered in England & Wales on 13/02/2008, number: 1122763
Registered at Companies House on 23/01/2008, number: 06480726

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

15 returns made; AR20: 17 days late,

Main office

Unit B7
Castle Gardens
Stanhope
BISHOP AUCKLAND
DL13 2FJ

Objectives

1) TO PROVIDE EDUCATION AND TRAINING FOR ALL ITS MEMBERS AND THE GENERAL PUBLIC ON COMMERCE IN THE CULTURAL AND HERITAGE SECTOR; AND2) TO PROMOTE THE VOLUNTARY SECTOR FOR THE BENEFIT OF THE PUBLIC BY ASSISTING VOLUNTARY ORGANISATIONS AND CHARITIES TO MAXIMISE THEIR REVENUE BY PROVIDING A FORUM FOR SHARING INFORMATION AND IDEAS ON COMMERCE IN THE CULTURAL AND HERITAGE SECTOR.

Defined Area of Benefit:

NOT DEFINEDN IN PRACTICE NATIONAL.

Data Sources