Finance Score: -1

Governance Score: -3

Support Score: 3

Spending falling: -1
Multiple Deficits and declines: -5
Future income +5
No PartB

No volunteer policy: -2
Mainly male board: -1

Grant maker support: +3

Overall GiG Score: -1

THE OLDHAM ENTERPRISE TRUST CIO

The Trust provides finance through grants. Applicants up to the age of 30 are eligible to apply for grant funding. Applicants aged over 30 are signposted to the Government's Start Up Loan schemeThe Trust also provides opportunities to primary and secondary school children and to students in further and higher education. These focus on employability and entrepreneurship

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker and there are significant future grants due to be received

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy
The Board is predominantly male

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Spending has fallen significantly over the last 5 years relative to the previous period
Income has been volatile and on several occasions in recent years less than spending

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
31/03/23		£26	£106	£-80	n/a	n/a	n/a	n/a	n/a	10
31/03/22		£102	£95	£7	n/a	n/a	n/a	n/a	n/a	35
31/03/21		£4	£65	£-61	n/a	n/a	n/a	n/a	n/a	10
31/03/20		£332	£297	£35	n/a	n/a	n/a	n/a	n/a	20
31/03/19		£5	£205	£-200	n/a	n/a	n/a	n/a	n/a	25
31/03/18	*	£614	£157	£457	£0	£457	£457	35	0	0

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Highest pay bracket: less than £60,000

Established: 7 years

www.oldhamenterprisetrust.org.uk

graham.mckendrick@oldham.gov.uk

07515188974

Charity Commission for England and Wales

Tweets

Listed activities

Economic/Community Development/Employment
Education/Training
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Acts as an umbrella or resource body
Makes Grants to Individuals
Makes Grants to Organisations
Provides advocacy/advice/information
Provides services

Where it operates

Oldham,

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

Unknown number of employees
10 volunteers

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
National Lottery Community Fund - The Ideas Factory
£10,000	07/07/2023	The funding will be used to create an Ideas Factory to support young people who are less privileged to ensure they have access to equal career opportunities where young people can develop soft skills ....more The funding will be used to create an Ideas Factory to support young people who are less privileged to ensure they have access to equal career opportunities where young people can develop soft skills to improve their future workplace potential social mobility and address issues linked to unemployment low wages and health issues within deprived areas.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Based on 5/6 persons

Age Range of Trustees:

FRANCIS LEIGH ROTHWELL Appointed: 2022

LAURA JANE SMART Appointed: 2017

SHOAB AKHTAR Appointed: 2017, Other trusteeships: Jigsaw Homes Tameside, PRIMROSE BANK COMMUNITY ASSOCIATION,

CLLR EDWARD MOORES Appointed: 2017, Other trusteeships: OLDHAM, HENSHAW AND CHURCH OF ENGLAND EDUCATIONAL TRUST, CHADDERTON FEDERATION OF COMMUNITY ORGANISATIONS,

DAVID MARK MEREDITH Appointed: 2017, Occupation: Bank Director

DAVID CHRISTOPHER BENSTEAD (Chair) Appointed: 2017, Occupation: Director Hr It & Ra, Other trusteeship: MAHDLO (OLDHAM YOUTH ZONE),

Legal constitution

Charity registered in England & Wales on 22/03/2017, number: 1172213

Gift Aid

NOT 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
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures

Filing Record

6 returns made; AR18: 1 days late,

Recent reorganisation events:

Asset transfer in from THE OLDHAM ENTERPRISE TRUST on 09/01/2020

Main office

C/O OLDHAM COUNCIL
LEVEL 3 ROOM 310
CIVIC CENTRE
WEST STREET
OLDHAM
OL1 1UT

Objectives

THE RELIEF OF UNEMPLOYMENT IN OLDHAM, FOR THE PUBLIC BENEFIT, IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING ASSISTANCE TO FIND EMPLOYMENT.

Data Sources