Finance Score: -2

Governance Score: 6

Support Score: 3

Low unrestricted reserves: -2
Strong growth: +2
Multiple Deficits: -2

Good trustee age range: +3
Dynamic board: +3

Overall weighted support: +3

Overall GiG Score: 7

B LAB (UK)

TO ADVANCE THE EDUCATION OF THE PUBLIC IN SUSTAINABLE DEVELOPMENT & BUSINESS & PROMOTE ITS STUDY.TO PROMOTE SUSTAINABLE DEVELOPMENT FOR PUBLIC BENEFIT OF: PRESERVATION & PROTECTION OF THE ENVIRONMENT, PRUDENT USE OF RESOURCES & PROMOTION OF SUSTAINABLE MEANS OF ECONOMIC GROWTH. TO PROMOTE ETHICAL STANDARDS OF CONDUCT & MAXIMISE THE POSITIVE IMPACT & MINIMISE THE NEGATIVE EFFECTS OF BUSINESS.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
There has been strong growth in spending over the last 5 years
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

Over half the Board have joined recently

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end
On several occasions in recent years income has been less than spending

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
31/12/23	£6,528	£5,264	£1,264	£0	£1,304	£1,304	3	33	0
31/12/22	£3,417	£3,689	£-272	£0	£40	£40	0.1	23	0
31/12/21	£1,625	£1,765	£-140	£0	£312	£294	2	14	0
31/12/20	£1,210	£1,012	£199	£0	£452	£361	4.3	8	0
31/12/19	£847	£759	£89	£0	£254	£226	3.6	5	0
31/12/18	£621	£462	£159	£1	£354	£263	6.8	4	0
31/12/17	£461	£389	£72	n/a	n/a	n/a	n/a	n/a	n/a
31/12/16	£327	£300	£27	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 7%
Highest pay band: £100,000-£110,000
Liabilities/Assets: 79%
Liabilities/Income: 73%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 3 months
Net Current Assets/Spending: 3 months
Quick Ratio: 0.8

Asset Split ?

Balance Sheet History

Established: 9 years

www.bcorporation.uk

governance@bcorporation.uk

02071934644

Charity Commission for England and Wales

Tweets

Listed activities

Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage
Other Charitable Purposes

GiG Classification

Environment conservation & animal welfare advocacy

How it operates

Acts as an umbrella or resource body
Provides advocacy/advice/information
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

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
Thirty Percy Foundation - Grant to B Lab
£5,000	13/07/2020	Top up funding in response to Covid-19
Thirty Percy Foundation - Grant to B Lab
£50,000	01/01/2019	Seed funding to develop the BCorp network across Europe
Friends Provident Foundation - B Labs UK-Be the Change powered by B Lab
£75,000	11/09/2018	We have now huge demand for engagement with the B Corp movement so that now 2,100 businesses from all across the UK are considering their impact. Increasingly, we need to find more ways to engage these business leaders beyond B Corp certification - ....more We have now huge demand for engagement with the B Corp movement so that now 2,100 businesses from all across the UK are considering their impact. Increasingly, we need to find more ways to engage these business leaders beyond B Corp certification - through campaigns and place-based initiatives to bring more businesses into the movement for change. The outcome of this work, supported by FPF would help us get closer to reaching a turning point in the UK; over the next decade, it will become the status quo for companies to focus on their potential to create impact, and as a result, we transform the relationship between people and planet with business for the benefit of all not just a few.
Friends Provident Foundation - B LAB (UK) - Continuation Application
£50,000	13/12/2016	A B Corporation is a new type of company that makes a commitment to use the power of business to solve social and environmental problems.
Friends Provident Foundation - B LAB (UK) - Building Resilient Economies Programme
£20,000	16/06/2015	A B Corporation is a new type of company that makes a commitment to use the power of business to solve social and environmental problems.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)

Current Trustees appointed

Gender Split

Age Range of Trustees: 36-56

AMY CLARKE Appointed: 2020, Occupation: Director

ANURADHA CHUGH Appointed: 2023, Occupation: Company Director

DR MARY JOHNSTONE-LOUIS Appointed: 2021, Occupation: Senior Research Fellow

GEORGE KING Appointed: 2023, Occupation: Senior Wealth Manager

LOUISE MARY ELIZABETH HARMAN Appointed: 2020, Occupation: Solicitor

NICOLA CLARK Appointed: 2023, Occupation: Director

PHILIPPA MURRAY Appointed: 2023, Occupation: Ceo

THOMAS JOLYON KENRICK Appointed: 2023, Occupation: Banker

Legal constitution

Charitable company registered in England & Wales on 03/12/2015, number: 1164694
Registered at Companies House on 14/01/2015, number: 09388752

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

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
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

8 returns made; all on time

Main office

X & Why
20-30 Whitechapel Road
LONDON
E1 1EW

Objectives

(1) TO ADVANCE THE EDUCATION OF THE PUBLIC IN SUBJECTS RELATING TO SUSTAINABLE DEVELOPMENT AND SUSTAINABLE BUSINESS AND TO PROMOTE STUDY AND RESEARCH IN SUCH SUBJECTS PROVIDED THAT THE USEFUL RESULTS OF SUCH STUDY ARE DISSEMINATED TO THE PUBLIC AT LARGE.(2) TO PROMOTE SUSTAINABLE DEVELOPMENT FOR THE BENEFIT OF THE PUBLIC BY: (A) THE PRESERVATION, CONSERVATION AND THE PROTECTION OF THE ENVIRONMENT AND THE PRUDENT USE OF RESOURCES; AND(B) THE PROMOTION OF SUSTAINABLE MEANS OF ACHIEVING ECONOMIC GROWTH AND REGENERATION.“SUSTAINABLE DEVELOPMENT” MEANS DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS. (3) TO PROMOTE COMPLIANCE WITH THE LAW AND ETHICAL STANDARDS OF CONDUCT, INCLUDING WITHOUT LIMITATION BY ENCOURAGING THE ADOPTION AND APPLICATION OF HIGH STANDARDS OF BUSINESS ETHICS AND GOVERNANCE AND THEREBY;A. MAXIMISING THE MATERIAL POSITIVE IMPACT OF BUSINESS ACTIVITIES ON PEOPLE AND THE ENVIRONMENT AFFECTED BY SUCH ACTIVITIES; AND B. MINIMISING THE NEGATIVE EFFECTS OF BUSINESS ACTIVITIES ON PEOPLE AND THE ENVIRONMENT AFFECTED BY SUCH ACTIVITIES.

Data Sources

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