Finance Score: 0

Governance Score: 6

Support Score: 0

No PartB

Dynamic board: +3
Gender balanced board: +3

Large volunteers +5

Overall GiG Score: 11

TAFFLAB

Tafflab makes grants to enterprise students who wish to start up their own businesses in disadvantaged communities. Applicants currently attend and are recommended by partner colleges. Tafflab interview to confirm eligibility, work with the Enterprise Champions employed by the colleges and provide mentoring by RSA Fellows. Regular meetings between mentors, mentees and champions confirm progress

Analysis by Giving is Great

Positives:

This charity has been very successful in attracting volunteers relative to its size
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income	Spending	Surplus/ Deficit	Volun- teers
31/07/22	£3,500	£2,700	£800	5
31/07/21	£3,495	£3,944	£-449	4
31/07/20	£3,000	£3,144	£-144	10

Show financials table -->

Download accounts

Highest pay bracket: less than £60,000

Established: 5 years

tafflab.org

tafflab@tafflab.org

07776487025

Charity Commission for England and Wales

Listed activities

Economic/Community Development/Employment
Education/Training
General Charitable Purposes

GiG Classification

Technical, vocational and continuing education

How it operates

Makes Grants to Individuals
Provides advocacy/advice/information

Where it operates

Blaenau Gwent, Caerphilly, Merthyr Tydfil, Monmouthshire, Newport City, Rhondda Cynon Taff, Torfaen,

Who it helps

Children/Young People

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 (6)

Current Trustees appointed

Gender Split

Based on 5/6 persons

DR JANE CROAD Appointed: 2019

DR KATHLEEN SEDDON FRSA PH.D Appointed: 2019

KAREN JANE PHILLIPS Appointed: 2023

PETER WRIGHT FRSA FCIB (Chair) Appointed: 2019

ROD ASHLEY Appointed: 2022

MEIRION MORGAN Appointed: 2019, Occupation: It Consultant, Other trusteeship: PROMO - CYMRU,

Legal constitution

Charity registered in England & Wales on 18/02/2019, number: 1182109

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

3 returns made; all on time

Main office

Coleg y Cymoedd
Ystrad Mynach Campus
Twyn Road
Ystrad Mynach
HENGOED
CF82 7XR

Objectives

THE RELIEF OF FINANCIAL HARDSHIP BY MAKING GRANTS OF MONEY FOR PROVIDING OR PAYING FOR ITEMS SERVICES OR FACILITIES, IN RELATION TO STARTING A BUSINESS TO STUDENTS, WHO THOUGH LACK OF MEANS, WOULD OTHERWISE BE UNABLE TO INITIATE A BUSINESS.TO DEVELOP THE CAPACITY AND SKILLS OF WELSH STUDENTS, IN SOCIALLY DISADVANTAGED COMMUNITIES, IN SUCH A WAY THAT THEY ARE BETTER ABLE TO LAUNCH A BUSINESS IDEA.TO HELP YOUNG PEOPLE THROUGH THE PROVISION OF SUPPORT, ACTIVITIES AND MENTORSHIP WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS.

Data Sources