Finance Score: -2

Governance Score: 3

Support Score: 3

Low unrestricted reserves: -2

Dynamic board: +3

Grant maker support: +3

Overall GiG Score: 4

WELLBEING ECONOMY ALLIANCE

To advance the education of the public in subjects relating to sustainable development. In pursuit of this object, the organisation will, in particular but not limited to, create guides and briefing papers that synthesise existing ideas and solutions aligned to a wellbeing economy and deliver speeches, presentations and talks on a wellbeing economy.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker
The Board appears to be dynamic in terms of composition

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end

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
31/12/22	£822	£767	£55	£0	£267	£137	2.1	2
31/12/21	£625	£561	£65	£0	£212	£183	3.9	2
31/12/20	£519	£372	£147	£0	£147	£84	2.7	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: 64%
Liabilities/Income: 58%
Unrestricted Funds/Total Funds: 51%
Reserves/Spending: 2.1 months
Net Current Assets/Spending: 4 months
Quick Ratio: 1.6

Asset Split ?

Established: 4 years

www.wellbeingeconomy.org

michael@wellbeingeconomy.org

07914759854

Charity Commission for England and Wales

Tweets

Listed activities

Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage
General Charitable Purposes

GiG Classification

Specialty hospitals (incl psychiatric and substance abuse)

How it operates

Provides advocacy/advice/information
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

The General Public/Mankind

Who supports 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
The Aim Foundation - Grant to WEAll
£26,500	19/04/2021 12	A one off grant to cover the project costs of producing a further Happy Planet Index in advance of the Global Climate Summit in November 2021. WEALL is a new global collaboration to influence policy ....more A one off grant to cover the project costs of producing a further Happy Planet Index in advance of the Global Climate Summit in November 2021. WEALL is a new global collaboration to influence policy and narratives aroudn the interation between environmental sustainability and human wellbeing.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

ASHIS TAJHYA Appointed: 2023

GEORGE JAMES STEWART WALLIS (Chair) Appointed: 2019

PROFESSOR KATE ELIZABETH PICKETT Appointed: 2019

PEDRO TARAK Appointed: 2020

SOPHIE HOWE Appointed: 2023, Other trusteeship: BLACK MOUNTAINS COLLEGE PROJECT,

Legal constitution

Charity registered in England & Wales on 22/06/2020, number: 1190040

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Volunteer management

Filing Record

3 returns made; all on time

Recent reorganisation events:

Asset transfer in from WELLBEING ECONOMY ALLIANCE on 24/07/2020

Main office

BRAKEBROOK
PARRACOMBE
BARNSTAPLE
EX31 4RG

Objectives

3.1. TO PROMOTE SUSTAINABLE DEVELOPMENT FOR THE BENEFIT OF THE PUBLIC BY: 3.1.1. THE PRESERVATION, CONSERVATION AND THE PROTECTION OF THE ENVIRONMENT AND THE PRUDENT USE OF RESOURCES; 3.1.2. THE RELIEF OF POVERTY AND THE IMPROVEMENT OF THE CONDITIONS OF LIFE IN SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES; 3.1.3. THE PROMOTION OF SUSTAINABLE MEANS OF ACHIEVING ECONOMIC GROWTH AND REGENERATION. 3.2. TO ADVANCE THE EDUCATION OF THE PUBLIC IN SUBJECTS RELATING TO SUSTAINABLE DEVELOPMENT AND THE PROTECTION, ENHANCEMENT AND REHABILITATION OF THE ENVIRONMENT AND TO PROMOTE STUDY AND RESEARCH IN SUCH SUBJECTS PROVIDED THAT THE USEFUL RESULTS OF SUCH STUDY ARE DISSEMINATED TO THE PUBLIC AT LARGE. SUSTAINABLE DEVELOPMENT MEANS “DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS.”

Data Sources