Finance Score: -1
Governance Score: 6
Support Score: 6
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Overall weighted support: +6
Overall GiG Score: 11 ?

ROYAL NATIONAL CHILDREN'S SPRINGBOARD FOUNDATION

Awarding Grants
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • This charity has a robust balance sheet
  • Fundraising costs are low relative to funds raised
  • The Board appears to be well diversified in terms of age and gender

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £28,481,393 available, equivalent to 115 months of spending and so may not be able to utilise additional funding
  • 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
31/07/23£2,643£2,962£-319£46£28,486£28,481115.41312
31/07/22£2,435£2,904£-468£42£28,924£28,897119.41220
31/07/21£2,418£2,922£-504£60£29,918£29,870122.71222
31/07/20£2,186£2,865£-679£31£24,565£24,386102.2100
31/07/19£2,460£2,993£-533£37£24,910£24,87599.781
31/07/18£2,263£4,026£-1,763£4£24,602£24,60273.370
31/07/17£1,726£2,569£-843£39£24,953£24,950116.680

Financial Ratios
Fundraising Costs/Relevant Income: 6.8%
Fundraising Costs/Total Spending: 4.7%
Senior Staff Costs/Total Spending: 13%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 1%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 115.4 months
Net Current Assets/Spending: 9 months
Quick Ratio: 7.3
Asset Split ?
Balance Sheet History
Established: 8 years

www.royalspringboard.org.uk

admin@royalspringboard.org.uk

01932 868622

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Performing and visual arts
How it operates
  • Makes grants to individuals
  • Provides advocacy/advice/information
Where it operates
  • Throughout England And Wales,
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
Dulverton Trust - Broadening Educational Pathways Challenge Fund
£30,000 09/06/2021
Broadening Educational Pathways Challenge Fund
Mercer's Charitable Foundation - Grant to Royal National Children's SpringBoard Foundation
£300,000 04/03/2021
36
To support 20 highly disadvantaged young people with placements in boarding schools
Garfield Weston Foundation - Multi-Year Grant (3 Years) award
£300,000 22/05/2019
36
Growth Programme
Wolfson Foundation - Grant to Royal National Children's Springboard Foundation
£300,000 04/12/2017
Enhanced bursary programme (over 3 years)

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (12)
Current Trustees appointed
Gender Split

Age Range of Trustees: 32-66
  • ANNE PATRICIA SPACKMAN Appointed: 2020, Occupation: Director
  • CLIVE PAUL MARSHALL Appointed: 2016, Occupation: Chief Executive
  • COLIN IAN BRERETON Appointed: 2019, Occupation: Company Director
  • EMILY MEEYOUNG SUN Appointed: 2019, Occupation: Consultant
  • JANE TERESA LUNNON BA HONS Appointed: 2020
  • NICHOLAS OWEN CBE (Chair) Appointed: 2022
  • NICOLA SUZANNE KANE Appointed: 2020, Occupation: Director
  • NIKETA SANDERSON-GILLARD Appointed: 2021, Occupation: Civil Servant
  • PATRICK SMULDERS Appointed: 2017, Occupation: Company Director
  • RICHARD WAYNE LEWIS Appointed: 2017, Occupation: Company Director
  • TIMOTHY BUNTING Appointed: 2017, Occupation: Company Director
  • WILLIAM MICHAEL JEFFREYS DE WINTON Appointed: 2017
Legal constitution
  • Charitable company registered in England & Wales on 06/06/2016, number: 1167491
  • Registered at Companies House on 13/05/2016, number: 10180187
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment 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
  • 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
7 returns made; all on time
Recent reorganisation events:
  • Asset transfer in from THE SPRINGBOARD BURSARY FOUNDATION on 21/10/2021
Main office

c/o McCarthy Denning
70 Mark Lane
London
EC3R 7NQ

Objectives

THE OBJECTS OF THE FOUNDATION ARE, FOR THE BENEFIT OF THE PUBLIC:(A) THE ADVANCEMENT OF EDUCATION BY ASSISTING IN THE SCHOOLING OR TRAINING OF, OR BY PROVIDING STRUCTURED VACATIONS FOR, CHILDREN AND YOUNG PEOPLE (B) THE PROMOTION OF PERSONAL SECURITY, DEVELOPMENT, ADVANCEMENT IN LIFE, ACCESS TO EDUCATION AND SOCIAL INCLUSION OF CHILDREN AND YOUNG PEOPLE WHO ARE IN NEED BECAUSE OF TWO OR MORE OF THE FOLLOWING: (I) FINANCIAL HARDSHIP; (II) FAMILY CIRCUMSTANCES, INCLUDING (BUT NOT LIMITED TO) THE DEATH OR ABSENCE OF A PARENT, PHYSICAL OR MENTAL DISABILITY OR ILLNESS OF EITHER THEMSELVES OR A PARENT, OR THE DIVORCE OR SEPARATION OF THEIR PARENTS; OR (III) SOCIAL OR ECONOMIC DISADVANTAGE; AND (C) THE ASSISTANCE AND PROMOTION OF SOCIAL INCLUSION OF THOSE WHO FINANCIALLY OR PSYCHOLOGICALLY SUPPORT SUCH CHILDREN AND YOUNG PEOPLE OR WHO FORM PART OF THE COMMUNITY OF WHICH SUCH CHILDREN AND YOUNG PEOPLE ARE MEMBERS BY, IN PARTICULAR (BUT WITHOUT ANY LIMITATION TO), PROVIDING MEANS-TESTED BURSARIES AND OTHER FORMS OF FINANCIAL ASSISTANCE, ADVICE AND SUPPORT TO ENABLE THE EDUCATION OF CHILDREN AND YOUNG PEOPLE AT STATE AND INDEPENDENT, DAY AND BOARDING SCHOOLS AND THE ONGOING DEVELOPMENT OF SUCH CHILDREN AND YOUNG PEOPLE INTO EARLY ADULT LIFE.

Data Sources

Charity Commission for England and Wales
360 Giving

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