Finance Score: 3

Governance Score: -1

Support Score: 0

Fundraising costs low: +3

No volunteer policy: -2
No conflicts policy: -1
Good trustee age range: +3
Mainly male board: -1

No supporters identified

Overall GiG Score: 2

THE ST NICHOLAS COLE ABBEY CENTRE FOR WORKPLACE MINISTRY LIMITED

To advance the Christian faith for the benefit of the public through: a lunchtime ministry of an evangelistic and teaching nature to the local working community; supporting other workplace ministries by providing facilities for ministry staff; providing facilities that enable small group and one-to-one meetings and occasional events; and ensuring that our primary facility is fit for purpose.

Analysis by Giving is Great

Positives:

Spending has increased over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy
This charity does not have a Conflict of Interests policy
One or more trustees receive benefits from the charity
The Board is predominantly male

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	*	£603	£594	£9	£16	£481	£201	4.1	7	59
31/12/21		£603	£518	£85	£7	£498	£192	4.4	9	0
31/12/20		£483	£502	£-19	n/a	n/a	n/a	n/a	n/a	0
31/12/19		£454	£456	£-2	n/a	n/a	n/a	n/a	n/a	0
31/12/18		£494	£474	£20	£0	£0	£0	n/a	0	40
31/12/17	*	£404	£448	£-44	£0	£0	£0	n/a	0	0
31/12/16		£334	£341	£-7	£0	£0	£0	n/a	0	0
31/12/15		£258	£251	£7	£0	£0	£0	n/a	0	0
31/12/14		£172	£68	£104	£0	£0	£0	n/a	0	0
31/12/13		£160	£29	£131	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 3%
Fundraising Costs/Total Spending: 2.7%
Highest pay band: Less than £60,000
Liabilities/Assets: 4%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 42%
Reserves/Spending: 4.1 months
Net Current Assets/Spending: 4 months
Quick Ratio: 5.6

Asset Split ?

Established: 12 years

www.stnickschurch.org.uk

office@snca.co.uk

07782315562

Charity Commission for England and Wales

Listed activities

Religious Activities

GiG Classification

Christian congregations

How it operates

Provides buildings/facilities/open space
Provides services

Where it operates

Throughout London,

Who it helps

The General Public/Mankind

Who works here?

7 employees
59 volunteers

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: 34-61

TRICIA HEMANS OWUSU-SEKYERE Appointed: 2021, Occupation: Barrister

ANDREW NIGEL MALCOLM WALES Appointed: 2015, Occupation: Barrister, Other trusteeship: CRAIGLEITH TRUST,

MR GREG BRISK Appointed: 2012, Occupation: Investment Manager

RICHARD PETER TETT Appointed: 2015, Occupation: Solicitor, Other trusteeships: THE JESUS COLLEGE BOAT CLUB TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST HELEN, BISHOPSGATE, RENEW CONFERENCE,

THOMAS JONATHAN CHARLES EVANS Appointed: 2015, Occupation: Barrister

Legal constitution

Charitable company registered in England & Wales on 24/05/2012, number: 1147429
Registered at Companies House on 20/09/2011, number: 07780681

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

10 returns made; AR22: 7 days late, AR17: 28 days late,

Main office

114 QUEEN VICTORIA STREET
LONDON
EC4V 4BJ

Objectives

3.1 THE CHARITY'S OBJECTS (OBJECTS) ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:3.1.1 TO ADVANCE THE CHRISTIAN FAITH FOR THE BENEFIT OF THE PUBLIC THROUGH, BUT NOT EXCLUSIVELY THROUGH:A) A LUNCHTIME MINISTRY OF AN EVANGELISTIC AND TEACHING NATURE TO THE LOCAL WORKING COMMUNITY;B) SUPPORTING OTHER WORKPLACE MINISTRIES BY PROVIDING FACILITIES FOR MINISTRY STAFF;C) PROVIDING FACILITIES THAT ENABLE SMALL GROUP AND ONE-TO-ONE MEETINGS, OCCASIONAL AND AD-HOC TALKS AND EVENTS AND RELATED ADMINISTRATION ASSOCIATED WITH ALL SUCH ACTIVITIES; ANDD) ENSURING THAT OUR PRIMARY FACILITY, THE ST NICHOLAS COLE ABBEY CENTRE FOR WORKPLACE MINISTRY IS FIT FOR PURPOSE,IN ACCORDANCE WITH THE FOLLOWING DOCTRINES:E) THERE IS ONE GOD IN THREE PERSONS, THE FATHER, THE SON AND THE HOLY SPIRIT.F) GOD IS SOVEREIGN IN CREATION, REVELATION, REDEMPTION AND FINAL JUDGMENT.G) THE BIBLE, AS ORIGINALLY GIVEN, IS THE INSPIRED AND INFALLIBLE WORD OF GOD. IT IS THE SUPREME AUTHORITY IN ALL MATTERS OF BELIEF AND BEHAVIOUR.H) SINCE THE FALL, THE WHOLE OF HUMANKIND IS SINFUL AND GUILTY, SO THAT EVERYONE IS SUBJECT TO GODÔÇÖS WRATH AND CONDEMNATION.I) THE LORD JESUS CHRIST, GODÔÇÖS INCARNATE SON, IS FULLY GOD; HE WAS BORN OF A VIRGIN; HIS HUMANITY IS REAL AND SINLESS; HE DIED ON THE CROSS, WAS RAISED BODILY FROM DEATH AND IS NOW REIGNING OVER HEAVEN AND EARTH.J) SINFUL HUMAN BEINGS ARE REDEEMED FROM THE GUILT, PENALTY AND POWER OF SIN ONLY THROUGH THE SACRIFICIAL DEATH ONCE AND FOR ALL TIME OF THEIR REPRESENTATIVE AND SUBSTITUTE, JESUS CHRIST, THE ONLY MEDIATOR BETWEEN THEM AND GOD.K) THOSE WHO BELIEVE IN CHRIST ARE PARDONED ALL THEIR SINS AND ACCEPTED IN GODÔÇÖS SIGHT ONLY BECAUSE OF THE RIGHTEOUSNESS OF CHRIST CREDITED TO THEM; THIS JUSTIFICATION IS GODÔÇÖS ACT OF UNDESERVED MERCY, RECEIVED SOLELY BY TRUST IN HIM AND NOT BY THEIR OWN EFFORTS.L) THE HOLY SPIRIT ALONE MAKES THE WORK OF CHRIST EFFECTIVE TO INDIVIDUAL SINNERS, ENABLING THEM TO TURN TO GOD FROM THEIR SIN AND TO TRUST IN JESUS CHRIST.M) THE HOLY SPIRIT LIVES IN ALL THOSE HE HAS REGENERATED. HE MAKES THEM INCREASINGLY CHRIST-LIKE IN CHARACTER AND BEHAVIOUR AND GIVES THEM POWER FOR THEIR WITNESS IN THE WORLD.N) THE ONE HOLY UNIVERSAL CHURCH IS THE BODY OF CHRIST, TO WHICH ALL TRUE BELIEVERS BELONG.O) THE LORD JESUS CHRIST WILL RETURN IN PERSON, TO JUDGE EVERYONE, TO EXECUTE GODÔÇÖS JUST CONDEMNATION ON THOSE WHO HAVE NOT REPENTED AND TO RECEIVE THE REDEEMED TO ETERNAL GLORY.

Defined Area of Benefit:

REGIONAL

Data Sources