Finance Score: 5
Governance Score: 6
Support Score: 0
  • Liabilities <10%: +3
  • Strong growth: +2
  • Good trustee age range: +3
  • Dynamic board: +3
  • No supporters identified
Overall GiG Score: 11 ?

OPEN FOR BUSINESS LIMITED 

The objects of the Charity are, for the public benefit, the promotion of equality and diversity throughoutthe world by:- the elimination of discrimination on the grounds of gender or sexual orientation, especially withinbusiness and commerce;- advancing education and raising awareness in equality and diversity;- conducting or commissioning research on equality and diversity issues
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 age and dynamic in terms of composition

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
31/12/22£622£561£60£0£526£4038.623
31/12/21£522£330£192£0£466£38113.815
31/12/20£482£307£174n/an/an/an/an/a0
31/12/19£112£13£99n/an/an/an/an/a0
Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 14%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 5%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 77%
Reserves/Spending: 8.6 months
Net Current Assets/Spending: 11 months
Quick Ratio: 20.1
Asset Split ?
Established: 5 years

www.open-for-business.org

info@open-for-business.org

012025211421

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Human Rights/Religious Or Racial Harmony/Equality Or Diversity
GiG Classification
  • Practical support, advice & companionship
How it operates
  • Provides advocacy/advice/information
  • Sponsors or undertakes research
Where it operates
  • Barbados, Hungary, Kenya, Throughout England, United States,
Who it helps
  • The General Public/Mankind

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (10)
Current Trustees appointed

Age Range of Trustees: 35-60
  • KENNETH CHAN Appointed: 2021, Occupation: Public Sector Executive
Legal constitution
  • Charitable company registered in England & Wales on 08/07/2019, number: 1184327
  • Registered at Companies House on 07/12/2018, number: 11717349
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Volunteer management
Filing Record
4 returns made; all on time
Main office

16 LINCOLN'S INN FIELDS
LONDON
WC2A 3ED

Objectives

THE OBJECTS OF THE CHARITY ARE, FOR THE PUBLIC BENEFIT, THE PROMOTION OF EQUALITY AND DIVERSITY THROUGHOUT THE WORLD BY:(A) THE ELIMINATION OF DISCRIMINATION ON THE GROUNDS OF GENDER OR SEXUAL ORIENTATION, ESPECIALLY WITHIN BUSINESS AND COMMERCE;(B) ADVANCING EDUCATION AND RAISING AWARENESS IN EQUALITY AND DIVERSITY;(C) CONDUCTING OR COMMISSIONING RESEARCH ON EQUALITY AND DIVERSITY ISSUES RELATING TO LGBT PEOPLE AND PUBLISHING THE RESULTS TO THE PUBLIC;(D) CULTIVATING A SENTIMENT IN FAVOUR OF EQUALITY AND DIVERSITY.

Data Sources

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

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