Finance Score: -1

Governance Score: 5

Support Score: 9

Poor Liquidity: -1
Pension deficit: -1
Reasonable growth: +1

Good trustee age range: +3
Dynamic board: +3
Mainly male board: -1

Grant maker support: +9

Overall GiG Score: 13

PENROSE OPTIONS

Relieve people in need with mental ill health, those suffering from substance misuse, ex-offenders, homeless, poor people, aged, disabled or chronically sick by the following means: (a) Housing, accommodation, services including medical, social, welfare, rehabilitative, resettlement and care services; (b) Education, training, employment, mentoring and other similar services.

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

Regulatory & Governance issues to consider:

The Board is predominantly male

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
There is a pension deficit of £574,000

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	£13,643	£13,138	£505	£0	£1,913	£1,910	1.7	358	4
31/03/22	£9,901	£9,345	£556	£0	£1,762	£1,759	2.3	326	6
31/03/21	£10,716	£10,605	£111	£0	£843	£840	1	213	6
31/03/20	£9,469	£9,181	£288	£0	£1,418	£1,415	1.8	213	15
31/03/19	£8,638	£8,109	£529	£0	£110	£107	0.2	215	20
31/03/18	£7,505	£7,382	£123	£0	£211	£208	0.3	189	0
31/03/17	£7,205	£7,071	£134	£0	£88	£82	0.1	146	0
31/03/16	£7,175	£6,775	£400	£0	£-46	£-51	-0.1	146	0
31/03/15	£5,102	£5,316	£-214	£40	£114	£114	0.3	121	0
31/03/14	£5,785	£5,697	£88	£27	£1,865	£1,839	3.9	127	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 47%
Liabilities/Income: 16%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 1.7 months
Net Current Assets/Spending: 2 months
Quick Ratio: 0.3

Asset Split ?

Established: 11 years

www.penrose.org.uk

enquiries@penrose.org.uk

07814285454

Charity Commission for England and Wales

Tweets

Listed activities

Accommodation/Housing
Education/Training
General Charitable Purposes
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Mental health and addiction

How it operates

Other charitable activities
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Provides other finance
Provides services

Where it operates

Bedford, Luton, Throughout London,

Who it helps

The General Public/Mankind

Who works here?

358 employees
4 volunteers

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.

Major supporters in last 5 years

National Lottery Community Fund	£422,992
Bedfordshire and Luton Community Foundation	£193,520
Harpur Trust	£70,431

Specific Donations

Amount	When Months	To be used for
Bedfordshire and Luton Community Foundation - Steps service supporting mental health needs
£35,937	05/01/2023	Penrose STEPS
Bedfordshire and Luton Community Foundation - Core funding workshops and social activities
£20,000	05/01/2023	Penrose Roots
Harpur Trust - Grant to Penrose Options
£70,431	09/03/2022	Roots to Recovery - Food for Thought
Bedfordshire and Luton Community Foundation - Accommodation Support
£24,963	09/02/2022	service providing essential activities to residents in community housing provided by Penrose
Bedfordshire and Luton Community Foundation - Penrose Connects ( Indoor/ Outdoor) Social Group
£3,500	20/01/2022	Further develop Connects Social Group so sessions by collaborating with members who have their own areas of interest and skills to enable a new choice of activities
National Lottery Community Fund - Roots to Recovery – Food for Thought
£9,988	12/11/2021	The funding will be used to develop a Roots Community Garden in Bedford supporting vulnerable people with peer support. The project aims to improve physical and mental health and enable people to ....more The funding will be used to develop a Roots Community Garden in Bedford supporting vulnerable people with peer support. The project aims to improve physical and mental health and enable people to become work ready.
National Lottery Community Fund - Penrose Roots - Community Recovery Garden
£413,004	14/07/2021	The funding will support the organisation's “Roots to Recovery” (R2R) project which provides locally based activities that utilise a one-acre therapy garden and workshop space. Their project area ....more The funding will support the organisation's “Roots to Recovery” (R2R) project which provides locally based activities that utilise a one-acre therapy garden and workshop space. Their project area is currently Luton with a catchment area of Luton and Bedfordshire. The activities will support vulnerable adults who are socially isolated or on the fringe of isolation by building their skills and resilience and breaking down community engagement barriers. The organisation will also test a social enterprise approach to see if it could open-up a range of possibilities for R2R their members and service users. Additionally it will build twenty more raised beds in various neglected and unused Luton locations to increase community free fresh food production.
Bedfordshire and Luton Community Foundation - Helping vulnerable people when they are discharged from Hospital
£29,722	22/12/2020	Grant to Penrose
Bedfordshire and Luton Community Foundation - Both Streams 1 & 2 - Delivery or Support & Core Costs
£3,240	03/07/2020 4	Grant to Penrose Options
Bedfordshire and Luton Community Foundation - Grant to Penrose
£30,733	30/01/2020 11	Penrose STEPS
Bedfordshire and Luton Community Foundation - Grant to Penrose Options
£45,425	30/01/2020 8	Penrose Roots CBRS
Bedfordshire and Luton Community Foundation - The House
£5,000	13/06/2017 11	Grant to Penrose Options

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

Age Range of Trustees: 42-69

CLAIRE BARTON Appointed: 2022, Occupation: Human Resources, Other trusteeships: PATHWAYS TO INDEPENDENCE LTD, EQUINOX CARE, SAFE GROUND, SOCIAL INTEREST GROUP,

JEFFERY LOO Appointed: 2022, Occupation: Finance, Other trusteeships: PATHWAYS TO INDEPENDENCE LTD, EQUINOX CARE, SAFE GROUND, SOCIAL INTEREST GROUP,

DYLAN KERR Appointed: 2020, Occupation: Department Of Health & Social Care, Other trusteeships: PATHWAYS TO INDEPENDENCE LTD, EQUINOX CARE, SAFE GROUND, SOCIAL INTEREST GROUP,

KARL MARLOWE (Chair) Appointed: 2018, Occupation: Doctor, Other trusteeships: PATHWAYS TO INDEPENDENCE LTD, EQUINOX CARE, SAFE GROUND, SOCIAL INTEREST GROUP,

STUART JENKIN Appointed: 2018, Occupation: Director, Other trusteeships: PATHWAYS TO INDEPENDENCE LTD, EQUINOX CARE, THE COMPANY OF CHARTERED SURVEYORS CHARITABLE TRUST FUND (1992), SAFE GROUND, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WELWYN AND WOOLMER GREEN, SOCIAL INTEREST GROUP, SIG Housing Trust,

Legal constitution

Charitable company registered in England & Wales on 28/03/2013, number: 1151455
Registered at Companies House on 28/03/2013, number: 08466743

Gift Aid

NOT registered with HMRC for Gift Aid

Other Regulators

Care Quality Commission

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

10 returns made; all on time

Main office

Unit 1 Waterloo Gardens
Milner Square
LONDON
N1 1TY

Objectives

THE OBJECTS OF THE CHARITY (THE OBJECTS) ARE FOR THE PUBLIC BENEFIT:-1. TO RELIEVE PEOPLE IN NEED, INCLUDING BUT NOT LIMITED TO THOSE WITH MENTAL HEALTH ILLNESS, THOSE CURRENTLY SUFFERING FROM OR RECOVERING FROM SUBSTANCE MIS-USE OR OTHER ADDICTIVE BEHAVIOUR PATTERNS, OFFENDERS, EX-OFFENDERS, THE HOMELESS, POOR PEOPLE, AGED, DISABLED (WHETHER PHYSICALLY OR MENTALLY) OR CHRONICALLY SICK BY ALL OR ANY OF THE FOLLOWING MEANS:A) PROVIDING SUPPORT IN THE FORM OF HOUSING, OR ACCOMMODATION, OR SERVICES INCLUDING BUT NOT LIMITED TO MEDICAL, SOCIAL, WELFARE, REHABILITATIVE, RESETTLEMENT AND CARE SERVICES;B) PROVIDING EDUCATION, TRAINING, EMPLOYMENT, MENTORING AND OTHER SIMILAR SERVICES;2. TO FURTHER SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE.

Data Sources