Finance Score: -2

Governance Score: -6

Support Score: 1

Low unrestricted reserves: -2

No volunteer policy: -2
Only 4 Trustees: -1
Static board: -3

Grant maker support: +1

Overall GiG Score: -7

THE PRODUCTIVITY GROUP

The Productivity Group (known as Be the Business) is building a movement of businesses of all shapes and sizes across the UK who want to improve their own performance and share their advice and experiences to help others do the same. We provide the inspiration, tools and resources for businesses to get started on their improvement journey.

Analysis by Giving is Great

Positives:

There have been no material income shortfalls in recent years
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
Although this charity works with volunteers it does not have a Volunteer Management policy
There are only 4 trustees
The Board composition appears to be rather static

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end

Established: 7 years

www.bethebusiness.com

accounts@bethebusiness.com

07900892246

Charity Commission for England and Wales

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	£11,210	£10,923	£287	£0	£3,934	£1,917	2.1	39	2,010
31/03/22	£13,255	£11,629	£1,627	£0	£3,647	£2,046	2.1	35	0
31/03/21	£18,035	£17,854	£181	£0	£2,020	£1,769	1.2	42	0
31/03/20	£11,902	£10,224	£1,678	£0	£1,839	£701	0.8	32	0
31/03/19	£6,633	£6,894	£-260	£43	£161	£26	0	20	0
31/03/18	£1,935	£1,514	£421	£0	£421	£0	n/a	15	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 15%
Highest pay band: £250,000-£300,000
Liabilities/Assets: 22%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 49%
Reserves/Spending: 2.1 months
Net Current Assets/Spending: 4 months
Quick Ratio: 3.2

Asset Split ?

Listed activities

Economic/Community Development/Employment

How it operates

Acts as an umbrella or resource body
Provides advocacy/advice/information
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Other Defined Groups

Who works here?

39 employees
2,010 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
Department for Business, Energy and Industrial Strategy - Be the Business/Productivity Council
£9,258,000	01/04/2019	To increase SME productivity

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

Age Range of Trustees:

DR HOSEIN KHAJEH-HOSSEINY Appointed: 2018, Occupation: Director, Other trusteeships: RSA (THE ROYAL SOCIETY FOR THE ENCOURAGEMENT OF ARTS, MANUFACTURES AND COMMERCE), THE ROYAL ALBERT HALL TRUST,

CHARLIE MAYFIELD MBA (Chair) Appointed: 2017, Other trusteeship: PLACE2BE,

JEREMY ANDERSON CBE Appointed: 2017, Other trusteeship: THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST HELEN, BISHOPSGATE,

TERA ALLAS Appointed: 2017, Occupation: Economist

Legal constitution

Charitable company registered in England & Wales on 03/07/2017, number: 1173660
Registered at Companies House on 04/05/2017, number: 10754958

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
Paying staff
Risk management
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

6 returns made; all on time

Main office

Be The Business
5th Floor
26-28 Glasshouse Yard
LONDON
EC1A 4JU

Objectives

THE PROMOTION OF INDUSTRY AND COMMERCE IN THE UK FOR THE PUBLIC BENEFIT BY PROMOTING PRODUCTIVITY OF BUSINESS IN ORDER THAT THE UK ECONOMY AS A WHOLE WILL BENEFIT THROUGH IMPROVED BUSINESS SUSTAINABILITY, EMPLOYMENT SECURITY, JOB SATISFACTION AND STANDARDS OF LIVING.

Data Sources