Finance Score: -2

Governance Score: 0

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Strong growth: +2
Multiple Deficits: -2

Static board: -3
Gender balanced board: +3

No supporters identified

Overall GiG Score: -2

FIFTYFOUR TWO FOUNDATION (54:2 FOUNDATION)

Fiftyfour Two Foundation's has a policy of making grants and/or providing or funding consultancy services that will help prevent or relieve poverty, advance the Christian faith and/or advance the effectiveness and efficiency of Charities.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There has been strong growth in spending since inception
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

The Board composition appears to be rather static

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £995,342 available, equivalent to 66 months of spending and so may not be able to utilise additional funding
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
30/09/23	£1,227	£181	£1,047	£0	£1,127	£995	66.1	0	5
30/09/22	£217	£210	£7	n/a	n/a	n/a	n/a	n/a	0
30/09/21	£0	£49	£-49	n/a	n/a	n/a	n/a	n/a	5
30/09/20	£0	£58	£-58	n/a	n/a	n/a	n/a	n/a	5
30/09/19	£230	£50	£180	n/a	n/a	n/a	n/a	n/a	0

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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: 0%
Liabilities/Income: 0%
Unrestricted Funds/Total Funds: 88%
Reserves/Spending: 66.1 months
Net Current Assets/Spending: 75 months
Quick Ratio: INF

Asset Split ?

Established: 6 years

www.fiftyfourtwo.org

hello@fiftyfourtwo.org

0333 3447 542

Charity Commission for England and Wales

Listed activities

Education/Training
Other Charitable Purposes
Religious Activities
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides other finance

Where it operates

Kenya, Scotland, Throughout England, Zimbabwe,

Who it helps

Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

Unknown number of employees
5 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

CHRISTOPHER DAVID DALZIEL Appointed: 2018

ELEANOR CATHERINE DALZIEL Appointed: 2018

HILARY ANNE DALZIEL Appointed: 2018

JENNIFER RUTH STIRRUP Appointed: 2018

WILLIAM DALZIEL Appointed: 2018, Occupation: Investment Manager, Other trusteeship: KING'S CHURCH LONDON,

Legal constitution

Charity registered in England & Wales on 26/10/2018, number: 1180441

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
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
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Volunteer management

Filing Record

5 returns made; all on time

Main office

14 Broadheath Drive
CHISLEHURST
Kent
BR7 6EH

Objectives

THE OBJECTS OF THE CIO (ÔTHE OBJECTSÖ) WHICH ARE FOR THE PUBLIC BENEFIT ARE:-(A) THE PREVENTION OR RELIEF OF POVERTY;(B) THE ADVANCEMENT OF EDUCATION, IN PARTICULAR THE DEVELOPMENT OF INDIVIDUAL CAPABILITIES, COMPETENCE, LEADERSHIP, SKILLS AND UNDERSTANDING;(C) THE ADVANCEMENT OF THE CHRISTIAN FAITH;(D) TO ADVANCE THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES AND THE EFFECTIVE USE OF CHARITABLE RESOURCES; AND(E) TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME BY THE PROVISION OF GRANTS AND OTHER FINANCIAL ASSISTANCE.

Data Sources