Finance Score: -2
Governance Score: 2
Support Score: 3
  • Poor Liquidity: -1
  • Positive trading contribution: +2;Strong growth: +2
  • Fundraising costs high: -5
  • Only 4 Trustees: -1
  • Gender balanced board: +3
  • Grant maker support: +3
Overall GiG Score: 3 ?

THE FEED FOUNDATION 

We are a charity based in Norwich helping people who are at risk of poverty to access training and support. We have opened a cafe and training centre on Prince of Wales Road and work closely with our trading social enterprise The Feed Enterprises CIC.
Analysis by Giving is Great

Positives:

  • The charity has received backing from a grant maker recently
  • More than half of total income was derived from trading and fees in the latest year
  • There has been strong growth in spending since inception
  • There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

  • There are only 4 trustees
  • Over half the Board have joined recently

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end
  • Fundraising costs are extremely 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£1,496£1,539£-43£1,213£168£1050.84697
31/03/22£194£151£43n/an/an/an/an/a100
31/03/21£134£68£66n/an/an/an/an/a0
31/03/20£84£78£6n/an/an/an/an/a0
31/03/19£107£53£54n/an/an/an/an/a0
Financial Ratios
Fundraising Costs/Relevant Income: 247.9%
Fundraising Costs/Total Spending: 78.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 45%
Liabilities/Income: 9%
Unrestricted Funds/Total Funds: 63%
Reserves/Spending: 0.8 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1.3
Asset Split ?
Established: 6 years

www.thefeed.org.uk

info@thefeed.org.uk

01603850447

Charity Commission for England and Wales
Listed activities
  • Economic/Community Development/Employment
  • General Charitable Purposes
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Poverty relief
How it operates
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Norfolk,
Who it helps
  • Other Defined Groups
Who works here?
  • 46 employees
  • 97 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
Crowdfunder - Local Action Fund
£6,135 04/05/2022
Covid response
Virgin Money Foundation - Grant The Feed Enterprises CIC
£10,000 17/04/2020
6
Grant to The Feed Enterprises to support the orgnisation through COVID19.
Virgin Money Foundation - Grant to The Feed
£1,000 12/06/2019
Grant through the Heart of the Community Fund used to offer training courses to those in the community who face barriers into employment.
Virgin Money Foundation - Grant to The Feed
£50,000 24/10/2018
12
Grant towards the cost of opening a new café and training venue in the centre of Norwich.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 01/02/2018, number: 1176940
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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Volunteer management
Filing Record
5 returns made; all on time
Main office

GROUND FLOOR
80 Prince of Wales Road
NORWICH
NR1 1NJ

Objectives

THE PREVENTION OR RELIEF OF POVERTY IN NORFOLK BY PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY.

Defined Area of Benefit:

LOCAL

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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