Finance Score: 3
Governance Score: 9
Support Score: 2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +2
Overall GiG Score: 14 ?

THE WORK AVENUE FOUNDATION 

To address the financial difficulties of individuals in the Jewish and wider community by empowering them to become financially self-sufficient through a personalised approach, providing a range of business, training and employment services.
Analysis by Giving is Great

Positives:

  • The charity has received modest backing from a grant maker
  • There have been no material income shortfalls in recent years
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

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
31/12/22£1,118£1,181£-63£38£611£5735.8150
31/12/21£1,234£1,023£211£22£674£5326.2140
31/12/20£1,175£1,575£-401£41£464£2762.190
31/12/19£1,066£786£280£0£864£85913.1922
31/12/18£1,193£972£220£0£585£5787.1100
31/12/17£989£708£280£0£364£3646.290
31/12/16£679£596£84£0£84£841.770

Financial Ratios
Fundraising Costs/Relevant Income: 4.2%
Fundraising Costs/Total Spending: 3.2%
Senior Staff Costs/Total Spending: 15%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 54%
Liabilities/Income: 64%
Unrestricted Funds/Total Funds: 94%
Reserves/Spending: 5.8 months
Net Current Assets/Spending: 11 months
Quick Ratio: 2.1
Asset Split ?
Established: 8 years
Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Community services
How it operates
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Barnet,
Who it helps
  • The General Public/Mankind
Who works here?
  • 15 employees

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.

Specific Donations
Amount When
Months
To be used for
DCMS - Coronavirus Community Support Fund
£8,315 02/10/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more
National Lottery Community Fund - Jewish Community Charity Recruitment Fair
£10,000 03/08/2018
12
The funding will be used to deliver a charity recruitment fair. The project aims to create pathways to employment and improve professional networking links.
Pears Foundation - Grant to The Work Avenue Foundation
£30,000 01/02/2016
36
Core funding
Pears Foundation - Grant to The Work Avenue Foundation
£25,000 01/02/2016
12
Capital grant towards new offices in Barnet

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split
Based on 7/8 persons

Age Range of Trustees: 40-74
Legal constitution
  • Charitable company registered in England & Wales on 08/12/2015, number: 1164762
  • Registered at Companies House on 18/05/2015, number: 09595853
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
7 returns made; all on time
Main office

Wohl Enterprise Hub
2B Redbourne Avenue
London
N3 2BS

Objectives

THE RELIEF OF UNEMPLOYMENT OR FINANCIAL HARDSHIP FOR THE BENEFIT OF THE PUBLIC IN SUCH WAYS AS MAY BE THOUGHT FIT INCLUDING I) THE PROVISION OF EDUCATION, TRAINING AND ALL THE NECESSARY SUPPORT DESIGNED TO ENABLE INDIVIDUALS TO GENERATE A SUSTAINABLE INCOME AND BE SELF-SUFFICIENT AND II) ASSISTANCE TO FIND EMPLOYMENT

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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