Finance Score: 2
Governance Score: 2
Support Score: 0
  • Strong growth: +2
  • 12+ Trustees: -1
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: 4 ?

WORCESTER MUNICIPAL CHARITIES (CIO) 

Helping Worcester City people in financial need by providing grants of essential items or services not provided for by the state. Assisting organisations who help Worcester City people in need. Provision of affordable social housing in Worcester City. The promotion of Education to those in need from the City of Worcester the Parishes of Powick, Bransford, Rushwick and the Ancient Parish of Leigh.
Analysis by Giving is Great

Positives:

  • This charity has an endowment fund which generates most of its income
  • There has been strong growth in spending over the last 5 years
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • There are 17 trustees whereas the Charities Commission recommends a maximum of 12

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£1,429£1,478£-49£0£14,773£1,91015.550
31/12/21£1,488£1,333£155£0£14,894£1,97217.750
31/12/20£1,843£1,069£774£0£15,443£2,18824.650
31/12/19£1,242£989£254£0£17,352£2,86334.850
31/12/18£1,218£821£397£187£17,183£3,60352.750
31/12/17£1,515£936£579£0£16,773£3,22841.450
31/12/16£3,949£415£3,535£0£15,829£3,527102.160

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 5%
Liabilities/Income: 57%
Unrestricted Funds/Total Funds: 13%
Reserves/Spending: 15.5 months
Net Current Assets/Spending: 5 months
Quick Ratio: 2
Asset Split ?
Established: 8 years

www.wmcharities.org.uk

admin@wmcharities.org.uk

01905317117

Charity Commission for England and WalesX
UN SDGs
?
Listed activities
  • Accommodation/Housing
  • Education/Training
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Grant-making foundations
How it operates
  • Makes Grants to Individuals
  • Makes Grants to Organisations
  • Provides buildings/facilities/open space
Where it operates
  • Worcestershire,
Who it helps
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/Mankind
Who works here?
  • 5 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (17)
Current Trustees appointed
Gender Split
Based on 15/17 persons

Age Range of Trustees:
Legal constitution
  • Charity registered in England & Wales on 04/05/2016, number: 1166931
Gift Aid
  • NOT registered with HMRC for Gift Aid
Event History
Other Regulators
  • Homes England
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
7 returns made; all on time
Main office

KATERYN HEYWOOD HOUSE
BERKELEY COURT
THE FOREGATE
WORCESTER
WR1 3QG

Objectives

THE OBJECTS OF THE CIO ARE:-(A) THE RELIEF OF PERSONS RESIDENT IN THE CITY OF WORCESTER WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS INCLUDING BY MAKING GRANTS OF MONEY TO INDIVIDUALS, OR TO ORGANISATIONS WHICH PROVIDE RELEVANT SERVICES; OR PROVIDING OR PAYING FOR ITEMS, SERVICES OR FACILITIES CALCULATED TO REDUCE THE NEED, HARDSHIP OR DISTRESS OF SUCH PERSONS;(B) TO CARRY ON FOR THE BENEFIT OF THE COMMUNITY THE BUSINESS OF THE PROVISION OF SOCIAL HOUSING IN THE FORM OF ALMSHOUSES AND AFFORDABLE SOCIAL HOUSING AND ANY ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS; AND (C) THE ADVANCEMENT OF EDUCATION BY PROMOTING EDUCATION IN THE AREA OF BENEFIT BEING THE CITY OF WORCESTER, THE PARISHES OF POWICK, BRANSFORD AND RUSHWICK AND THE AREA OF THE ANCIENT PARISH OF LEIGH, ALL IN THE COUNTY OF WORCESTERSHIRE, IN SUCH WAYS AS THE TRUSTEES THINK FIT.

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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