Finance Score: -7

Governance Score: -10

Support Score: 0

Large legacies income: +2
Accounts overdue -5
Accounts filed more than 5 days late: -2 times
Deficit latest year: -2
No PartB

No conflicts policy: -1
2 Trustees: -2
Static board: -3
All male board: -3

No supporters identified

Overall GiG Score: -17

THE ELWYN THOMAS MEMORIAL FUND

To hold the net residuary estate of the late Mr Thomas Elwyn Thomas and the income thereof upon trust to pay, transfer or apply the same to or for the benefit of such of the Charities (listed at clause 8(a) of Mr Thomas' will) and if more than one in such shares and in such manner generally as the Trustees shall in their absolute discretion think fit.

Analysis by Giving is Great

Positives:

This charity has received more than half of its income from legacies in recent years

Regulatory & Governance issues to consider:

This charity does not have a Conflict of Interests policy
One or more trustees receive payments or benefits from the charity for providing services to the charity
There are only 2 trustees
The Board is completely male
The Board composition appears to be rather static

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Latest accounts are overdue for filing and returns have been filed late on 2 occasions over the last 2 years
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
30/04/22	*	£105	£3,962	£-3,858	n/a	n/a	n/a	n/a	n/a	0
30/04/21	*	£550	£503	£47	£0	£47	£47	1.1	0	0

Show financials table -->

Download accounts

Highest pay bracket: less than £60,000

Established: 4 years

MG-PrivateClientGIM@stephens-scown.co.uk

01872265100

Charity Commission for England and Wales

Listed activities

General Charitable Purposes

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Organisations
Provides other finance

Where it operates

Throughout England,

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 (2)

Current Trustees appointed

Gender Split

ANDREW EDWARD BODY Appointed: 2017

GRAHAM IAN MURDOCH Appointed: 2017, Other trusteeships: THE TRURO SCHOOL FORMER PUPILS' ASSOCIATION, POINT QUAY ASSOCIATION,

Legal constitution

Charity registered in England & Wales on 23/12/2019, number: 1187142

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Investment
Risk management

Filing Record

2 returns made; AR22: 289 days late, AR21: 23 days late,

Main office

Stephens Scown Llp
Osprey House
Malpas Road
TRURO
TR1 1UT

Objectives

TO HOLD THE NET RESIDUARY ESTATE OF THE LATE MR THOMAS ELWYN THOMAS AND THE INCOME THEREOF UPON TRUST TO PAY, TRANSFER OR APPLY THE SAME TO OR FOR THE BENEFIT OF SUCH OF THE LISTED CHARITIES AND IF MORE THAN ONE IN SUCH SHARES AND IN SUCH MANNER GENERALLY AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT.

Data Sources