Finance Score: 2

Governance Score: 0

Support Score: 6

Spending falling: -1
Deficit latest year: -2
Future income +5

Overall weighted support: +6

Overall GiG Score: 8

POWER TO CHANGE TRUST

Power to Change is an independent charitable trust endowed with £150m from the Big Lottery Fund to address social need by giving grants to, and supporting community businesses, throughout England.

Analysis by Giving is Great

Positives:

This charity has an endowment fund which generates much of its income. Its latest spending amounts to 45.3% of total funds
A significant proportion of recent income was derived from major grant makers including the Government and there are significant future grants due to be received

Regulatory & Governance issues to consider:

This charity uses a corporate trustee

Financial issues to consider:

Spending has fallen significantly over the last 5 years relative to the previous period
Income was significantly lower than spending in the latest year

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
31/12/23	£6,820	£9,036	£-2,217	£0	£19,944	£0	n/a	39
31/12/22	£7,161	£11,829	£-4,668	£80	£21,866	£35	0	43
31/12/21	£5,707	£15,855	£-10,148	£57	£26,022	£0	n/a	45
31/12/20	£10,635	£39,915	£-29,280	£0	£36,022	£0	n/a	50
31/12/19	£1,598	£28,952	£-27,354	£68	£65,302	£0	n/a	39
31/12/18	£1,199	£22,190	£-20,991	£0	£91,783	£0	n/a	31
31/12/17	£2,909	£23,064	£-20,155	£0	£113,665	£0	n/a	27
31/12/16	£4,520	£16,438	£-11,918	£0	£131,649	£0	n/a	21
31/12/15	£150,695	£10,673	£140,022	£-212	£138,043	£0	n/a	6

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 16%
Highest pay band: £130,000-£140,000
Liabilities/Assets: 14%
Liabilities/Income: 48%
Unrestricted Funds/Total Funds: 0%
Reserves/Spending: 0 months
Net Current Assets/Spending: 20 months
Quick Ratio: 5.7

Asset Split ?

Balance Sheet History

Established: 10 years

https://www.powertochange.org.uk/

info@powertochange.org.uk

02038577274

Charity Commission for England and Wales

Tweets

Listed activities

Economic/Community Development/Employment
Education/Training
General Charitable Purposes
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Makes grants to organisations

Where it operates

Throughout England,

Who it helps

Other Charities Or Voluntary Bodies
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
Esmee Fairbairn - Grant to Power To Change Trust
£30,000	07/09/2022	Towards project costs for We're Right Here: the campaign for community power
Friends Provident Foundation - Power to Change- Community Power Group
£5,000	01/02/2021	The consortium was formed around a shared recognition that there is a 'community moment' waiting to happen; and that the idea of 'community power' (local control and influence) could become the key defining story of our times. The consortium ....more The consortium was formed around a shared recognition that there is a 'community moment' waiting to happen; and that the idea of 'community power' (local control and influence) could become the key defining story of our times. The consortium recognises that there is a wider existing network of individuals and organisations committed to 'community power' which could increase their influence if they came together around a single cause. There are also potential allies to be won over, most importantly Conservative backbench MPs, that could help tip the scales. A public campaign can acts as a vehicle for this type of alliance-building and this will be the consortium's focus for 2021 ("the campaign").
National Lottery Community Fund - Power to Change Trust
£149,234,062	09/01/2015 120	Not Available
National Lottery Community Fund - Power to change
£530,162	09/04/2014 24	Not Available

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (1)

POWER TO CHANGE TRUSTEE LIMITED

Legal constitution

Charity registered in England & Wales on 16/01/2015, number: 1159982

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity 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

9 returns made; all on time

Main office

The Clarence Centre
6 St Georges Circus
London
SE1 6FE

Objectives

THE OBJECTS ARE TO FURTHER SUCH EXCLUSIVELY CHARITABLE PURPOSES ACCORDING TO THE LAWS OF ENGLAND AS THE TRUSTEE SHALL AT ITS ABSOLUTE DISCRETION DETERMINE AND IN PARTICULAR (BUT WITHOUT LIMITING THE GENERALITY OF THE FOREGOING), TO PROMOTE THE FOLLOWING, FOR THE BENEFIT OF THE PUBLIC :5.1. INDUSTRY, COMMERCE, CHARITY AND SOCIAL ENTERPRISE WHICH:5.1.1. RELIEVES POVERTY;5.1.2. RELIEVES UNEMPLOYMENT;5.1.3. ADVANCES ENVIRONMENTAL PROTECTION OR IMPROVEMENT AND SUSTAINABLE DEVELOPMENT;5.1.4. ADVANCES CITIZENSHIP OR COMMUNITY DEVELOPMENT,THROUGH OR BY ENCOURAGING AND SUPPORTING INNOVATION;5.2. THE ADVANCEMENT OF EDUCATION, AND IN PARTICULAR THE STUDY OF INNOVATION, BY THE PROMOTION OF RESEARCH AND THE PUBLICATION OF THE USEFUL RESULTS THEREOF, IN THE VOLUNTARY SECTOR AND SOCIAL ENTERPRISE;5.3. THE VOLUNTARY SECTOR;5.4. SUSTAINABLE DEVELOPMENT, BY THE PRESERVATION, CONSERVATION AND PROTECTION OF THE ENVIRONMENT AND THE PRUDENT USE OF NATURAL RESOURCES,THE PROMOTION OF SUSTAINABLE MEANS OF ACHIEVING GROWTH AND ECONOMIC GENERATION AND THE PREVENTION OR RELIEF OF POVERTY AND THE IMPROVEMENT OF CONDITIONS OF LIFE IN SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES; 5.5. THE DEVELOPMENT OF THE CAPACITY AND SKILLS OF THE MEMBERS OF SOCIALLY AND/OR ECONOMICALLY DISADVANTAGED COMMUNITIES IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY, AND HELP MEET, THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY;5.6. URBAN AND RURAL REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION, INCLUDING BY SUPPORTING:5.6.1. THE PROVISION OF FINANCIAL ASSISTANCE, TECHNICAL ASSISTANCE OR BUSINESS ADVICE OR CONSULTANCY IN ORDER TO PROVIDE TRAINING AND EMPLOYMENT OPPORTUNITIES FOR UNEMPLOYED PEOPLE IN CASES OF FINANCIAL OR OTHER CHARITABLE NEED THROUGH HELP: (I) IN SETTING UP THEIR OWN BUSINESS, OR (II) TO EXISTING BUSINESSES;5.6.2. THE CREATION OF TRAINING AND EMPLOYMENT OPPORTUNITIES BY THE PROVISION OF WORKSPACE, BUILDINGS, AND/OR LAND FOR USE ON FAVOURABLE TERMS;5.6.3. THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES;5.7. SOCIAL AND ECONOMIC INCLUSION, BY PREVENTING PEOPLE FROM BECOMING SOCIALLY EXCLUDED, RELIEVING THE NEEDS OF THOSE WHO ARE SOCIALLY AND/OR ECONOMICALLY EXCLUDED AND ASSISTING THEM TO INTEGRATE INTO SOCIETY, IN PARTICULAR BY: (I) MAKING DISTRIBUTIONS WHICH FURTHER THE ABOVE CHARITABLE PURPOSES IN A SUSTAINABLE WAY (II) BY PROVIDING ANCILLARY ADVICE AND ASSISTANCE TO PERSONS SEEKING TO FURTHER THE ABOVE CHARITABLE PURPOSES.

Data Sources

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