Finance Score: 4
Governance Score: -1
Support Score: 0
  • Liabilities <10%: +3
  • Excess reserves: -4
  • Strong growth: +2
  • Fundraising costs low: +3
  • No conflicts policy: -1
  • Static board: -3
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: 3 ?

THE SENECA TRUST 

To relieve poverty & enrich the lives of people in need by promoting health, welfare & the advancement of education. To carry on for the benefit of the community the pursuit of providing housing & any associated amenities for persons in necessitous circumstances. These will be achieved through direct assistance and/or by providing grants to charities or other organizations and/or individuals.
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 income shortfalls in recent years
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

  • This charity does not have a Conflict of Interests policy
  • The Board composition appears to be rather static

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £4,137,231 available, equivalent to 53 months of spending and so may not be able to utilise additional funding

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
31/12/22£2,762£945£1,817£24£4,137£4,13752.600
31/12/21*£1,014£675£340£12£2,161£2,16138.500
31/12/20£544£433£111£20£1,778£1,77849.305
31/12/19£400£196£203n/an/an/an/an/a0
31/12/18£153£117£36£0£0£0n/a00
31/12/17£88£28£61£0£0£0n/a00
31/12/16£493£52£441£0£0£0n/a00
31/12/15£627£41£586£0£857£857249.700
31/12/14£206£61£145£0£0£0n/a00
31/12/13£187£94£93£0£0£0n/a00
31/12/12£106£80£26£0£0£0n/a00
31/12/11£88£81£7£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0.9%
Fundraising Costs/Total Spending: 2.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 6%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 52.6 months
Net Current Assets/Spending: 13 months
Quick Ratio: 8
Asset Split ?
Established: 14 years

02075898899

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Accommodation/Housing
  • Disability
  • Education/Training
  • 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
  • Sponsors or undertakes research
Where it operates
  • Throughout England,
Who it helps
  • Children/Young People
  • Other Charities Or Voluntary Bodies
  • People With Disabilities

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 28/07/2010, number: 1137147
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Investment
  • Risk management
Filing Record
12 returns made; AR21: 3 days late,
Main office

IXWORTH HOUSE
37 IXWORTH PLACE
LONDON
SW3 3QH

Objectives

TO RELIEVE POVERTY AND NEED, PROMOTE HEALTH AND ADVANCE EDUCATION WITH A PARTICULAR FOCUS ON PEOPLE WHO HAVE A DISABILITY OR SUFFER FROM SICKNESS OR LACK OF EDUCATION. TO CARRY ON FOR THE BENEFIT OF THE COMMUNITY THE PURSUIT OF PROVIDING HOUSING (BY CONSTRUCTION OR CONVERSION) AND ANY ASSOCIATED AMENITIES FOR DISABLED PERSONS IN NECESSITOUS CIRCUMSTANCES.THE RELIEF OF SICKNESS AND FINANCIAL HARDSHIP OF DISPLACED PEOPLE AND REFUGEES BY PROVIDING ADVICE ON NUTRITION, SANITATION, HEALTH AND PSYCHO-SOCIAL SUPPORT AND ANY OTHER NECESSARY MEASURESIN PARTICULAR BUT NOT EXCLUSIVELY, THE SENECA TRUST WILL ACCOMPLISH THESE OBJECTIVES BY PROVIDING GRANTS TO CHARITIES OR OTHER ORGANISATIONS OR INDIVIDUALS IN THE UK OR INTERNATIONALLY, IDENTIFIED BY THE TRUSTEES AT THEIR DISCRETION

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, NATIONAL

Data Sources

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

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great