Finance Score: -1

Governance Score: -7

Support Score: 0

Poor Liquidity: -1
Strong growth: +2
Multiple Deficits: -2

Only 3 Trustees: -2
Narrow trustee age band: -2
Static board: -3

No supporters identified

Overall GiG Score: -8

OMNOM GROUP LIMITED

Omnom is a new high-street food and well being concept that promotes conscious living and social responsibility.For every meal served at Omnom, a hot, healthy, nutritionally balanced meal will be served in the developing world providing relief from poverty on a sustainable basis. Within the unit will also be a mindfulness and yoga space offering physical health and emotional wellbeing.

Analysis by Giving is Great

Positives:

There has been strong growth in spending since inception
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

There are only 3 trustees
The Board composition appears to be rather static and has little diversity in terms of age

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
On several occasions in recent years income has been 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
31/08/22		£521	£555	£-34	£0	£254	£254	5.5	12	10
31/08/21	*	£290	£330	£-41	n/a	n/a	n/a	n/a	n/a	7
31/08/20		£327	£421	£-95	n/a	n/a	n/a	n/a	n/a	16
31/08/19		£353	£34	£319	n/a	n/a	n/a	n/a	n/a	6
31/08/18		£123	£19	£104	£0	£0	£0	n/a	0	10

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 61%
Liabilities/Income: 75%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 5.5 months
Net Current Assets/Spending: -2 months
Quick Ratio: 0.2

Asset Split ?

Established: 7 years

07903941326

Charity Commission for England and Wales

Listed activities

General Charitable Purposes
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Community food services

How it operates

Makes Grants to Individuals
Makes Grants to Organisations

Where it operates

India, Islington,

Who it helps

The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Age Range of Trustees: 41-53

AJAY KUMAR Appointed: 2017, Occupation: Event Manager

NITIN MADHAVJI Appointed: 2018, Occupation: Investor And Ceo

YUVRAJ RANA (Chair) Appointed: 2017, Occupation: Self Employed, Other trusteeship: AVANTI EDUCATION LIMITED,

Legal constitution

Charitable company registered in England & Wales on 08/11/2017, number: 1175640
Registered at Companies House on 13/05/2017, number: 10769708

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

5 returns made; AR21: 62 days late,

Main office

Omnom Group Limited
21 Brinkburn Gardens
Edgware
HA8 5PL

Objectives

4. THE COMPANY'S OBJECTS (THE “OBJECTS) ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:• FOR THE PUBLIC BENEFIT IN THE UNITED KINGDOM, INDIA AND SUCH OTHER AREAS OF THE WORLD AS THE TRUSTEES SHALL FROM TIME TO TIME DETERMINE:- THE PREVENTION OR RELIEF OF POVERTY, INCLUDING THOUGH THE PROVISION OF GRANTS, FINANCIAL SUPPORT, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT AND/OR RELIEVE POVERTY; AND- THE PROMOTION OF GOOD HEALTH, IN PARTICULAR, BUT NOT EXCLUSIVELY, THROUGH THE PROMOTION OF NUTRITION AND MENTAL AND PHYSICAL WELL-BEING, AND THE PROVISION OF GRANTS, FINANCIAL SUPPORT, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PROMOTE NUTRITION AND/OR WELL-BEING.

Data Sources