Finance Score: 0

Governance Score: 0

Support Score: 4

Volatile income: -3
Fundraising costs low: +3

Static board: -3
Gender balanced board: +3

Overall weighted support: +4

Overall GiG Score: 4

ALDRIDGE FOUNDATION CIO

The advancement of education through the support of Academies, in particular those which specialise in furthering the entrepreneurial skills of children and young people. The advancement of community development and regeneration, in particular by supporting the development of entrepreneurial and workplace skills. To support such other charitable purposes as the charity trustees see fit.

Analysis by Giving is Great

Positives:

The charity has received modest backing from several prominent grant makers recently
There have been no material income shortfalls in recent years
Fundraising costs are low relative to funds raised
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

The Board composition appears to be rather static

Financial issues to consider:

Income has been volatile recently

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
31/08/23	£614	£654	£-40	£42	£428	£276	5.1	3	0
31/08/22	£866	£862	£4	£40	£468	£293	4.1	3	0
31/08/21	£836	£821	£14	£47	£464	£294	4.3	3	0
31/08/20?	£905	£699	£206	£48	£449	£262	4.5	4	0
31/03/19	£660	£558	£102	£0	£243	£29	0.6	3	0
31/03/18	£0	£0	£0	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 6.8%
Fundraising Costs/Total Spending: 6.4%
Senior Staff Costs/Total Spending: 21%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 31%
Liabilities/Income: 31%
Unrestricted Funds/Total Funds: 65%
Reserves/Spending: 5.1 months
Net Current Assets/Spending: 9 months
Quick Ratio: 5.2

Asset Split ?

Balance Sheet History

Established: 8 years

http://www.aldridgefoundation.com

hello@aldridgefoundation.com

02072970365

Charity Commission for England and Wales

Tweets

Listed activities

Economic/Community Development/Employment
Education/Training

GiG Classification

Grant-making foundations

How it operates

Makes grants to organisations
Provides other finance
Provides services
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies
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
The Childhood Trust - Bright Futures
£10,000	12/06/2022	Bright Futures is a year long coaching programme alongside expeditionary learning experiences. The expeditions take the children out of their comfort zone exposing them to new challenges and giving them the skills to overcome them, whilst the wrap ....more Bright Futures is a year long coaching programme alongside expeditionary learning experiences. The expeditions take the children out of their comfort zone exposing them to new challenges and giving them the skills to overcome them, whilst the wrap around coaching ensures they apply this learning to tackle day to day challenges, and fully engage in education.
Garfield Weston Foundation - Main Grants award
£25,000	23/07/2021	Aldridge Foundation - Empowering Future Generations (Core costs)

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

JAMES ALAN SPORLE Appointed: 2016

JENNIFER LEONIE LAVENDER Appointed: 2016

LADY CAROL FRANCES ALDRIDGE Appointed: 2016

SARAH LOUISE LEIGHTON FELGER Appointed: 2019

SIMON FRANCIS Appointed: 2018

SIR RODNEY MALCOLM ALDRIDGE (Chair) Appointed: 2016, Occupation: Chairman

Legal constitution

Charity registered in England & Wales on 30/12/2016, number: 1170932

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
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

6 returns made; all on time

Main office

C/O STONE KING LLP
BOUNDARY HOUSE
91 CHARTERHOUSE STREET
LONDON
EC1M 6HR

Objectives

THE OBJECTS OF THE CIO ARE:(A) THE ADVANCEMENT OF EDUCATION THROUGH THE SUPPORT OF ACADEMIES, IN PARTICULAR BUT WITHOUT LIMITATION THOSE WHICH SPECIALISE IN FURTHERING THE ENTREPRENEURIAL SKILLS OF CHILDREN AND YOUNG PEOPLE, TO THE EXTENT THAT SUCH SUPPORT IS EXCLUSIVELY CHARITABLE;(B) THE ADVANCEMENT OF COMMUNITY DEVELOPMENT AND REGENERATION, IN PARTICULAR BUT WITHOUT LIMITATION BY SUPPORTING THE DEVELOPMENT OF ENTREPRENEURIAL AND WORKPLACE SKILLS, TO THE EXTENT THAT SUCH SUPPORT IS EXCLUSIVELY CHARITABLE; AND(C) TO SUPPORT OR PROMOTE SUCH OTHER CHARITABLE PURPOSES AS THE CHARITY TRUSTEES IN THEIR ABSOLUTE SOLE DISCRETION DETERMINE.

Data Sources

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