Finance Score: -8
Governance Score: 0
Support Score: 5
  • Poor Liquidity: -1
  • Accounts overdue -5
  • Deficit latest year: -2
  • No volunteer policy: -2
  • Good trustee age range: +3
  • Mainly female board: -1
  • Grant maker support: +5
Overall GiG Score: -3 ?

WOMEN'S PRIZE TRUST 

The objects for which the charity exists relate to the advancement of the art of literature for the public benefit. We foster & promote literature of merit written by women in all its forms, including by the encouragement of diversity & greater gender equality amongst writers & by the award of an annual prize for a full length novel written by a woman of any nationality & published in English.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • Although this charity works with volunteers it does not have a Volunteer Management policy
  • The Board is predominantly female

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end
  • Latest accounts are overdue for filing
  • Income was significantly lower than spending 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
30/06/22£559£702£-143£102£103£1031.81210
30/06/21£556£575£-19£141£245£2455.11210
30/06/20£468£291£177n/an/an/an/an/a0
30/06/19*£526£437£88£0£88£882.4120
Financial Ratios
Fundraising Costs/Relevant Income: 18.5%
Fundraising Costs/Total Spending: 14.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 26%
Liabilities/Income: 7%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 1.8 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.7
Asset Split ?
Established: 5 years
(25 years as a company)
Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Human Rights/Religious Or Racial Harmony/Equality Or Diversity
GiG Classification
  • Services for females
How it operates
  • Makes Grants to Individuals
  • Provides advocacy/advice/information
Where it operates
  • Throughout England And Wales,
Who it helps
  • Other Defined Groups
  • The General Public/Mankind
Who works here?
  • 12 employees
  • 10 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
DCMS - Culture Recovery Fund: Continuity Support
£50,000 22/10/2021
To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further ....more
Department for Work and Pensions - PERMISSION MACHINE
£12,192 01/04/2021
The Kickstart Scheme provides funding to create new jobs for 16 to 24 year olds on Universal Credit who are at risk of long term unemployment.
DCMS - Women's Prize for Fiction 2021
£51,039 01/04/2020
To support Arts and Culture throughout England

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (12)
Current Trustees appointed
Gender Split
Based on 10/12 persons

Age Range of Trustees: 28-57
  • ANITA ANAND Appointed: 2020, Occupation: Broadcaster/Author
  • LOUISE ANNA JURY Appointed: 2016, Occupation: Director Of Communications & Strategy
Legal constitution
  • Charitable company registered in England & Wales on 18/12/2018, number: 1181253
  • Registered at Companies House on 05/01/1999, number: 03691656
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
4 returns made; AR19: 57 days late,
Main office

6 NEW STREET SQUARE
LONDON
EC4A3DJ

Objectives

THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE RESTRICTED SPECIFICALLY TO THE ADVANCEMENT OF THE ART OF LITERATURE FOR THE PUBLIC BENEFIT AND IN PARTICULAR TO FOSTER AND PROMOTE LITERATURE OF MERIT WRITTEN BY WOMEN IN ALL ITS FORMS, INCLUDING BY THE ENCOURAGEMENT OF DIVERSITY AND GREATER GENDER EQUALITY AMONGST WRITERS AND BY THE AWARD OF AN ANNUAL PRIZE FOR A FULL LENGTH NOVEL WRITTEN BY A WOMAN OF ANY NATIONALITY AND PUBLISHED IN ENGLISH.

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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