Finance Score: 5
Governance Score: 2
Support Score: 9
  • Liabilities <10%: +3
  • Strong growth: +2
  • No conflicts policy: -1
  • Only 4 Trustees: -1
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Multiple returns filed late: -2
  • Large volunteer base +3
  • Overall weighted support: +6
Overall GiG Score: 16 ?

GREENWICH FOODBANK LIMITED

The charity's objects are specifically restricted to the following:The relief of poverty in The Royal Borough of Greenwich in particular but not exclusively by the operation of a foodbank within a Christian ethos.
Analysis by Giving is Great

Positives:

  • This charity has been successful in attracting volunteers relative to its size
  • The charity has received backing from several prominent grant makers recently
  • 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

Regulatory & Governance issues to consider:

  • This charity does not have a Conflict of Interests policy
  • Why are there only 4 trustees?
  • Over half the Board have joined recently
  • Returns have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
30/09/23*£949£754£195£0£711£68710.93180
30/09/22£592£473£119£0£516£473122180
30/09/21*£452£432£20n/an/an/an/an/an/a
30/09/20£496£231£265n/an/an/an/an/an/a
30/09/19£233£222£11n/an/an/an/an/an/a
30/09/18£204£192£12n/an/an/an/an/an/a
30/09/17£157£136£21n/an/an/an/an/an/a
30/09/16£126£119£6n/an/an/an/an/an/a
30/09/15£121£112£9n/an/an/an/an/an/a
30/09/14*£105£99£6n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 97%
Reserves/Spending: 10.9 months
Net Current Assets/Spending: 11 months
Quick Ratio: 103.4
Asset Split ?
Balance Sheet History
Established: 11 years

www.greenwich.foodbank.org.uk

ceo@greenwich.foodbank.org.uk

02088503855

Charity Commission for England and WalesCompanies HouseX
UN SDGs
?
Listed activities
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Community food services
How it operates
  • Other charitable activities
Where it operates
  • Greenwich,
Who it helps
  • The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

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

Specific Donations
Amount When
Months
To be used for
The Trussell Trust - Grant to Greenwich Foodbank
£157,980 17/08/2023
Continuation: Ops Asst 3.5 dpw, CAP Adviser 3 dpw_x000D_ New: PF Lead 5 dpw, Comms Lead 3 dpw, Participation Lead 4 dpw
The Trussell Trust - Grant to Greenwich Foodbank
£5,000 19/10/2022
Emergency grant
The Trussell Trust - Grant to Greenwich Foodbank
£101,780 05/10/2021
P/T Operations Assistant; CAP advisor
Indigo Trust - Emergency funding during the Covid-19 crisis
£10,000 26/03/2020
Core unrestricted funding.
Indigo Trust - Emergency funding during the Covid-19 crisis
£10,000 26/03/2020
Core unrestricted funding.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)
Current Trustees appointed
Gender Split

Age Range of Trustees: 35-76
  • FRANCESCA SAFI Appointed: 2024
  • HELENA MOLYNEUX Appointed: 2023, Occupation: Retired
  • JOHN PETER ARCHER Appointed: 2023, Occupation: Banking And Philanthropy
  • STEPHEN DOMINIC HICKS (Chair) Appointed: 2023, Occupation: Retired
Legal constitution
  • Charitable company registered in England & Wales on 13/05/2013, number: 1152007
  • Registered at Companies House on 17/10/2012, number: 08257431
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
10 returns made; AR23: 7 days late, AR21: 10 days late, AR14: 6 days late,
Main office

Greenwich Foodbank Ltd
Unit 1
180 Shooters Hill
LONDON
SE18 3HY

Objectives

THE CHARITY'S OBJECTS (OBJECTS) ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:1) THE RELIEF OF POVERTY IN THE ROYAL BOROUGH OF GREENWICH IN PARTICULAR BUT NOT EXCLUSIVELY BY THE OPERATION OF A FOODBANK WITHIN A CHRISTIAN ETHOS.

Data Sources

Charity Commission for England and Wales
360 Giving

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