Finance Score: -4
Governance Score: 9
Support Score: 3
  • Multiple Deficits: -2
  • Fundraising costs high: -2
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: 8 ?

PRAMA FOUNDATION 

The Prama Foundation vision is to see 'a world where no-one is unfairly disadvantaged or excluded because of age or infirmity and where every person can enjoy life as they age'. In its work, and through subsidiaries, the Foundation provides tailored care to people at home, as well as promoting and supporting Communities For All Ages and activities that combat social isolation in older people.
Analysis by Giving is Great

Positives:

  • The charity has received Government grants and contracts
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

  • On several occasions in recent years income has been less than spending
  • Fundraising costs are high relative to funds raised

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£3,671£3,944£-273£681£1,224£1,1583.5200340
31/03/22£4,159£4,030£128£576£1,509£1,4484.3214175
31/03/21£4,248£3,978£270£401£1,369£1,2163.7243350
31/03/20£4,249£4,205£45£570£1,076£9002.6124600
31/03/19£4,320£4,483£-162£759£1,039£8892.41300
31/03/18£2,789£1,744£1,045£264£1,196£1,0537.22700

Financial Ratios
Fundraising Costs/Relevant Income: 23.8%
Fundraising Costs/Total Spending: 17.3%
Senior Staff Costs/Total Spending: 7%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 32%
Liabilities/Income: 16%
Unrestricted Funds/Total Funds: 95%
Reserves/Spending: 3.5 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.9
Asset Split ?
Established: 7 years

www.pramacare.org.uk

info@pramacare.co.uk

01202207300

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Disability
  • Recreation
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Grant-making foundations
How it operates
  • Acts as an umbrella or resource body
  • Makes Grants to Organisations
  • Provides advocacy/advice/information
  • Sponsors or undertakes research
Where it operates
  • Throughout England And Wales,
Who it helps
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • People With Disabilities
Who works here?
  • 200 employees
  • 340 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (9)
Current Trustees appointed
Gender Split

Age Range of Trustees: 42-78
  • COLIN BENNETT Appointed: 2021, Occupation: Life Coach And Training Consultant
Legal constitution
  • Charitable company registered in England & Wales on 09/08/2017, number: 1174197
  • Registered at Companies House on 18/05/2017, number: 10778305
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
6 returns made; all on time
Main office

PRAMACARE LTD
UNIT 1
HOLES BAY PARK
STERTE AVENUE WEST
POOLE
BH15 2AA

Objectives

1 THE ADVANCEMENT OF PHYSICAL, MENTAL AND SPIRITUAL HEALTH THROUGH THE PROVISION OF CARE, FACILITIES, SERVICES, SUPPORT AND PRACTICAL ADVICE;2 TO RELIEVE FINANCIAL HARDSHIP AMONGST OLDER PERSONS AND PERSONS OF ANY AGE SUFFERING FROM A PHYSICAL OR MENTAL ILLNESS OR DISABILITY;3 THE PROMOTION OF EQUALITY AND DIVERSITY BY:3.1 THE ELIMINATION OF DISCRIMINATION ON THE GROUNDS OF AGE, DISABILITY OR MENTAL OR PHYSICAL HEALTH;3.2 ADVANCING EDUCATION IN AND RAISING AWARENESS OF EQUALITY AND DIVERSITY;3.3 PROMOTING ACTIVITIES TO FOSTER UNDERSTANDING BETWEEN PEOPLE FROM DIVERSE BACKGROUNDS; AND3.4 CULTIVATING A SENTIMENT IN FAVOUR OF EQUALITY AND DIVERSITY;4 TO PROMOTE THE SOCIAL INCLUSION OF PEOPLE WHO ARE EXCLUDED FROM SOCIETY OR PARTS OF SOCIETY BY REASON OF THEIR AGE, ILL HEALTH OR DISABILITY;5 TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR EDUCATION, THE ADVANCEMENT OF HEALTH, RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS OF SUCH AREA OR AREAS AS MAY BE DETERMINED FROM TIME TO TIME BY THE TRUSTEES; AND6 TO RESEARCH OR TO SUPPORT OR COMMISSION RESEARCH INTO CARE FOR OLDER PERSONS AND PERSONS SUFFERING FROM A PHYSICAL OR MENTAL ILLNESS OR DISABILITY AND TO PUBLISH THE USEFUL RESULTS OF SUCH RESEARCH.AS A PRACTICAL EXPRESSION OF CHRISTIAN LOVE AND COMPASSION

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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