Finance Score: 2

Governance Score: -2

Support Score: 6

Poor Liquidity: -1
Fundraising costs low: +3

Multiple returns filed late: -2

Overall weighted support: +6

Overall GiG Score: 6

CREATIVITY WORKS PRESTON

Creativity Works Preston provides alternative education to marginalised people who need to learn in a different way to the traditional education system.The crux of the learning environment and pedagogy is learning through doing. We do this by providing an inclusive, professional and supportive learning environment for individuals irrespective of their circumstances or background.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
Fundraising costs are low relative to funds raised

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
Returns have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended

Financial issues to consider:

Liquidity appears to have been slender at the latest year end

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
31/07/23	*	£589	£599	£-11	£35	£-6	£0	n/a	20	3
31/07/22		£562	£618	£-56	£0	£5	£5	0.1	20	7
31/07/21	*	£635	£600	£35	£0	£61	£0	n/a	20	5
31/07/20		£407	£443	£-36	n/a	n/a	n/a	n/a	n/a	n/a
31/07/19		£334	£317	£18	n/a	n/a	n/a	n/a	n/a	n/a
31/07/18		£229	£209	£20	n/a	n/a	n/a	n/a	n/a	n/a
31/07/17		£216	£216	£0	n/a	n/a	n/a	n/a	n/a	n/a
31/07/16		£173	£197	£-24	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 6.5%
Fundraising Costs/Total Spending: 5.9%
Highest pay band: Less than £60,000
Liabilities/Assets: 107%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 0%
Reserves/Spending: 0 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1.4

Asset Split ?

Balance Sheet History

Established: 10 years

www.creativityworskpreston.org.uk

steve@creativityworkspreston.org.uk

01772555123

Charity Commission for England and Wales

Listed activities

Education/Training

GiG Classification

Other education support

How it operates

Provides services

Where it operates

Blackburn With Darwen, Blackpool, Lancashire,

Who it helps

Children/Young People

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
National Lottery Heritage Fund - Grant to Creativity Works Preston
£45,474	20/07/2022	Musical Express
Youth Music - Music Makes Notes
£99,982	28/05/2021	Music Makes Notes
Youth Music - The Big Little Project
£80,527	10/05/2019	The Big Little Project
National Lottery Heritage Fund - Grant to Creativity Works Preston
£9,400	28/03/2018	My Preston-The peoples story
National Lottery Community Fund - Food Works
£9,050	14/02/2018 12	The organisation will develop a disused part of their centre into a kitchen and learning facility, and run food and nutrition courses for young people who are disengaged from mainstream education and training. This will build their confidence, ....more The organisation will develop a disused part of their centre into a kitchen and learning facility, and run food and nutrition courses for young people who are disengaged from mainstream education and training. This will build their confidence, self-esteem and improve employability.
Youth Music - Music Works 4 all
£81,468	09/06/2017	Music Works 4 all
National Lottery Heritage Fund - Grant to Creativity Works Preston
£27,000	30/06/2015	Bits & Bytes-Retro Spective-Youth Culture in the 80s and today

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

DAVID WALKER Appointed: 2015

HOLLY MARIE BREAKELL Appointed: 2019

NIOMI WILKINSON Appointed: 2021

RUSSELL HOGARTH Appointed: 2020

WILLIAM ADAMS Appointed: 2014, Occupation: Company Director

Legal constitution

Charitable company registered in England & Wales on 25/03/2015, number: 1161063
Registered at Companies House on 01/04/2014, number: 08969288

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

8 returns made; AR23: 45 days late, AR21: 73 days late,

Main office

Creativity Works Preston
33 Shepherd Street
PRESTON
PR1 3YD

Objectives

THE ADVANCEMENT OF EDUCATION FOR THE PUBLIC BENEFIT IN PARTICULAR BUT NOT EXCLUSIVELY BY THE PROVISION OF VOCATIONAL TRAINING, LIFELONG LEARNING PACKAGES TO CHILDREN, YOUNG PEOPLE AND FAMILIES LIVING IN LANCASHIRE SO THAT THEY ARE ABLE TO ACCESS FUTURE EMPLOYMENT.

Data Sources

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