Finance Score: 8

Governance Score: 3

Support Score: 0

Liabilities <10%: +3
Strong growth: +2
Fundraising costs low: +3

Dynamic board: +3

No supporters identified

Overall GiG Score: 11

ARDONAGH COMMUNITY TRUST

ACT, Ardonagh Community Trust, is the independent charity of The Ardonagh Group, through which we channel the spirit of Ardonagh employees globally into initiatives that make the world a better place. We take the local efforts of colleagues and amplify their impact through six actions: Match Funding, Volunteering, Community Grants, Charity partnerships, Bright Future Prize and sustainability.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There has been strong growth in spending since inception
There have been no material income shortfalls in recent years
Fundraising costs are low relative to funds raised
The Board appears to be dynamic in terms of composition

Financial issues to consider:

Liquidity appeared to be considerably in excess of CC guidelines at the latest year end but this has been generated by an income surplus in the latest year

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
31/12/22	£1,901	£791	£1,110	£123	£1,400	£1,398	21.2	0	7
31/12/21	£173	£585	£-412	n/a	n/a	n/a	n/a	n/a	4
31/12/20	£737	£240	£497	£0	£703	£690	34.5	0	2
31/12/19	£266	£168	£98	n/a	n/a	n/a	n/a	n/a	3
31/12/18	£569	£461	£108	£101	£108	£91	2.4	0	2

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Financial Ratios

Fundraising Costs/Relevant Income: 9.4%
Fundraising Costs/Total Spending: 15.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 3%
Liabilities/Income: 2%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 21.2 months
Net Current Assets/Spending: 21 months
Quick Ratio: 32.8

Asset Split ?

Established: 7 years

www.ardonaghtrust.org

INFO@ARDONAGHTRUST.ORG

02077126036

Charity Commission for England and Wales

Listed activities

General Charitable Purposes

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Other charitable activities

Where it operates

Ireland, Isle Of Man, Jersey, Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People With Disabilities
The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)

Current Trustees appointed

Gender Split

Based on 7/8 persons

ANTONIOS EROTOCRITOU Appointed: 2017

DAVID CHRISTOPHER ROSS Appointed: 2017

DEREK COLES Appointed: 2021

JOHN TINER (Chair) Appointed: 2017, Other trusteeship: FRIENDS OF ST CLEMENT'S,

KELLY-ANN KNIGHT Appointed: 2024

PAUL LYNAM Appointed: 2023

RORY BEST Appointed: 2021

SARAH WILLIAMS Appointed: 2023

Legal constitution

Charity registered in England & Wales on 10/10/2017, number: 1175060

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Financial Conduct Authority

Policies in force

Complaints handling
Conflicting interests
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

5 returns made; all on time

Main office

Ardonagh Community Trust
2 Minster Court
Mincing Lane
LONDON
EC3R 7PD

Objectives

1. TO APPLY THE TRUST'S CAPITAL AND INCOME IN THE UK FOR THE BENEFIT OF SUCH CHARITABLE BODIES OR FOR OTHER SUCH CHARITABLE PURPOSES AS THE TRUSTEES SHALL DETERMINE HAVING REGARD TO THE PARTICULAR CIRCUMSTANCES CONCERNED AND WHICH ADVANCE ONE OR MORE OF THE BELOW:A. THE PREVENTION OR RELIEF OF POVERTY;B. THE ADVANCEMENT OF EDUCATIONC. THE ADVANCEMENT OF HEALTH OR THE SAVING OF LIVESD. THE ADVANCEMENT OF CITIZENSHIP OR COMMUNITY DEVELOPMENTE. THE ADVANCEMENT OF THE ARTS, CULTURE, HERITAGE OR SCIENCEF. THE ADVANCEMENT OF AMATEUR SPORTG. THE ADVANCEMENT OF ENVIRONMENTAL PROTECTION OR IMPROVEMENTH. THE RELIEF OF THOSE IN NEED, BY REASON OF YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGEI. THE ADVANCEMENT OF ANIMAL WELFAREJ. THE PROMOTION OF THE EFFICIENCY OF THE ARMED FORCES OF THE CROWN, OR OF THE EFFICIENCY OF THE POLICE, FIRE AND RESCUE SERVICES OR AMBULANCE SERVICES2. ANY OTHER CHARITABLE OBJECTS WITHIN THE LEGAL MEANING OF THE TERM AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION DETERMINE.

Data Sources