Finance Score: -6
Governance Score: 2
Support Score: 1
  • Spending falling: -1
  • Multiple Deficits and declines: -5
  • No PartB
  • Good trustee age range: +3
  • Mainly male board: -1
  • Grant maker support: +1
Overall GiG Score: -3 ?

SOCIAL TECH TRUST 

We identify where tech has the greatest potential to transform lives, then back people and organisations to demonstrate what?s possible. Building on this knowledge, we seek out and join forces with others to create a supportive environment for those striving to realise the full promise of socially motivated tech.
Analysis by Giving is Great

Positives:

  • The charity has received backing from a grant maker
  • The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

  • The Board is predominantly male

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Spending has fallen significantly over the last 5 years relative to the previous period
  • Income has been volatile and on several occasions in recent years less than spending
Established: 16 years

www.socialtechtrust.org

hello@socialtechtrust.org

01865334000

Charity Commission for England and WalesCompanies HouseX
UN SDGs
?

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
31/03/23£169£638£-469n/an/an/an/an/a0
31/03/22£358£563£-205n/an/an/an/an/a0
31/03/21£389£698£-309n/an/an/an/an/a0
31/03/20£99£775£-676n/an/an/an/an/a0
31/03/19£459£1,645£-1,185n/an/an/an/an/a0
31/03/18?£84£1,446£-1,362£0£0£0n/a00
30/04/17£5,695£4,346£1,349£0£7,838£7,81421.6100
30/04/16£4,062£3,639£423£0£6,488£6,48821.470
30/04/15£3,328£4,121£-794£16£6,066£6,06617.7120
30/04/14£6,067£5,529£538£13£6,859£6,85914.9130
30/04/13£6,123£6,850£-727£8£6,321£6,32111.1110
30/04/12£7,147£7,436£-289£13£7,048£7,04811.4100
30/04/11£5,113£3,067£2,046£14£7,337£7,33728.750
30/04/10£3,066£2,511£556£4£5,291£5,29125.320
30/04/09£5,085£350£4,735£105£4,735£4,735162.220

Senior Staff Costs/Total Spending: 48%
Highest pay band: £110,000-£120,000
What it does
  • Arts/Culture/Heritage/Science
  • Disability
  • Economic/Community Development/Employment
  • Education/Training
  • Environment/Conservation/Heritage
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • People With Disabilities
  • The General Public/Mankind
How it operates
  • Makes Grants to Organisations
  • Other charitable activities
  • Sponsors or undertakes research
Where it operates
  • Northern Ireland, Scotland, Throughout England And Wales,

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
DCMS - Social Tech Trust Equity Investment Fund Support
£300,000 01/02/2019
This 300k grant would serve two main purposes in the foundation of this fund:Support the funds setup costs (150k) - e.g. building the financial model, appointing relevant advisors, developing legal ....more
The Baring Foundation - Grant to Social Tech Trust
£250,000 16/03/2016
To match fund a grants round for digital arts for older people.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)
Current Trustees appointed
Gender Split
Based on 6/7 persons

Age Range of Trustees: 33-53
  • SUNIL SURI Appointed: 2020, Occupation: Head Of Ventures And Innovation
Legal constitution
  • Charitable company registered in England & Wales on 05/09/2008, number: 1125735
  • Registered at Companies House on 28/04/2008, number: 06578379
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
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
15 returns made; all on time
Main office

Social Tech Trust
Invicta House
4th Floor
108-114 Golden Lane
LONDON

Objectives

1) TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE SUBJECT OF THE INTERNET AND INFORMATION TECHNOLOGY2) TO RELIEVE FINANCIAL HARDSHIP AND ADVANCE EDUCATION RELATING TO THE INTERNET AND INFORMATION TECHNOLOGY IN DEPRIVED AREAS, FOR EXAMPLE BY THE PROVISION OF EQUIPMENT AND TRAINING IN INFORMATION TECHNOLOGY AND COMPUTER SYSTEMS INCLUDING SOFTWARE AND HARDWARE DESIGN3) TO RELIEVE THE SOCIAL, HEALTH AND EDUCATIONAL NEEDS OF DISABLED, SICK AND FRAIL ELDERLY PEOPLE BY CONDUCTING AND COMMISSIONING RESEARCH INTO ELECTRONIC TECHNOLOGIES DESIGNED TO RELIEVE SUCH NEEDS, BY APPLYING SUCH RESEARCH, AND BY THE PUBLICATION OF EFFECTIVE RESULTS4) TO ADVANCE FOR THE PUBLIC BENEFIT THE EDUCATION OF YOUNG PEOPLE IN THE UNITED KINGDOM IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING BY THE SUPPORT OF SCHOOLS, UNIVERSITIES AND COLLEGES OFFERING A STRONG EMPHASIS ON TECHNOLOGY AND ITS PRACTICAL APPLICATIONS5) TO PROMOTE THE PROTECTION OF CHILDREN, THE ELDERLY AND OTHER PEOPLE WHO ARE VULNERABLE BY REASON OF THEIR MENTAL OR PHYSICAL DISABILITY OR ILLNESS FROM DANGER, SUFFERING, OR BEING ABUSED PHYSICALLY, SEXUALLY OR MENTALLY THROUGH THE USE OF THE INTERNET6) TO PROMOTE AND SUPPORT THE PROVISION OF SERVICES FOR THE PROTECTION OF PEOPLE AND PROPERTY FROM CRIMINAL ACTIVITIES ON THE INTERNET AND TO ASSIST IN THE DEVELOPMENT OF TECHNOLOGY TO PREVENT AND DETECT CRIMINAL ACTIVITY ON THE INTERNET FOR THE BENEFIT OF THE PUBLIC7) TO RELIEVE FINANCIAL HARDSHIP, ADVANCE EDUCATION AND ASSIST THE DEVELOPMENT OF THE INTERNET IN DEVELOPING COUNTRIES, FOR EXAMPLE BY PROVIDING GRANTS FOR REPRESENTATIVES TO ATTEND CONFERENCES ON INTERNET AND INFORMATION TECHNOLOGY RELATED SUBJECTS.8) ANY OTHER CHARITABLE PURPOSE

Defined Area of Benefit:

NOT DEFINED IN PRACTICE NATIONAL

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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