Finance Score: 4
Governance Score: 2
Support Score: 3
  • Liabilities <10%: +3
  • Excess liquidity: -1
  • Positive trading contribution: +2;Strong growth: +2
  • Multiple Deficits: -2
  • Dynamic board: +3
  • Mainly female board: -1
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: 9 ?

MCS CHARITABLE FOUNDATION 

THE OBJECTS OF THE CHARITY ARE: (A) THE ADVANCEMENT OF EDUCATION AND ENVIRONMENTAL PROTECTION AND IMPROVEMENT BY EDUCATING THE PUBLIC IN THE SUBJECT OF THE DESIGN, DEVELOPMENT, MANUFACTURE AND INSTALLATION OF RENEWABLE ENERGY AND LOW CARBON TECHNOLOGIES (PRODUCTS AND SYSTEMS) (INCLUDING, FOR THE AVOIDANCE OF DOUBT, PROVIDING BURSARIES TO THOSE WISHING TO PURSUE CAREERS IN THIS AREA
Analysis by Giving is Great

Positives:

  • The charity has received Government grants
  • This charity has a robust balance sheet
  • More than half of total income was derived from trading and fees in the latest year
  • There has been strong growth in spending over the last 5 years
  • The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

  • The Board is predominantly female
  • Over half the Board have joined recently

Financial issues to consider:

  • Liquidity appeared to be considerably in excess of CC guidelines at the latest year end especially considering the historic stability of income
  • There has been a change of accounting period recently, so trends may be hard to determine
  • On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?
N.B. data has been adjusted to reflect year end change
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£5,584£4,089£1,495£0£7,891£7,89123.2410
31/12/21£3,261£3,251£10£0£7,173£7,17326.5320
31/12/20?£1,244£1,644£-401£0£6,716£6,71649230
31/03/19£7,910£1,608£6,302£0£6,906£6,90651.51510
31/03/18?£0£325£-325£0£0£0n/a00
30/04/17*£52£52£0£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 9%
Liabilities/Income: 14%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 23.2 months
Net Current Assets/Spending: 9 months
Quick Ratio: 3.9
Asset Split ?
Established: 8 years

www.mcscharitablefoundation.org

info@mcscharitablefoundation.org

07780545580

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Education/Training
  • Environment/Conservation/Heritage
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Grant-making foundations
How it operates
  • Makes Grants to Organisations
  • Provides advocacy/advice/information
  • Sponsors or undertakes research
Where it operates
  • Northern Ireland, Scotland, Throughout England And Wales,
Who it helps
  • The General Public/Mankind
Who works here?
  • 41 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)
Current Trustees appointed
Gender Split

Age Range of Trustees: 51-76
  • KAREN SHEARER Appointed: 2022, Occupation: Vp Finance Uk & Ireland
Legal constitution
  • Charitable company registered in England & Wales on 25/02/2016, number: 1165752
  • Registered at Companies House on 12/04/2016, number: 10119873
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
Filing Record
6 returns made; AR17: 55 days late,
Main office

First Floor Violet 3
Sci-Tech Daresbury
Keckwick Lane
Warrington
Cheshire
WA4 4AB

Objectives

1.1 The Objects of the Charity are for the public benefit and specifically restricted to: 1.1.1 the advancement of education and environmental protection and improvement by educating the public in the subject of the design, development, manufacture and installation of renewable energy and low carbon technologies (products and systems) (including, for the avoidance of doubt, providing bursaries to those wishing to pursue careers in this area and institutions providing education in this area); 1.1.2 the advancement of education and environmental protection and improvement by promoting study and research into the design, development, manufacture and installation of renewable energy and low carbon technologies (products and systems), provided that the useful results of such study and research are disseminated to the public at large; 1.1.3 the advancement of health and the saving of lives and environmental protection and improvement by promoting study and research into improving the safety of the design, development, manufacture and installation of renewable energy and low carbon technologies (products and systems),provided that the useful results of such study and research are disseminated to the public at large; 1.1.4 the advancement of environmental protection and improvement by supporting the development of standards and related guidance for the renewable energy and low carbon technology sector; and 1.1.5 the advancement of environmental protection and improvement by raising awareness and confidence amongst consumers in the area of renewable energy and low carbon technologies (products and systems). 1.2 This provision may be amended by special resolution but only with the prior written consent of the Commission.

Data Sources

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

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