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home >> charity search >> significance
Finance Score: -2
Governance Score: 2
Support Score: 0
  • Low unrestricted reserves: -2
  • Only 4 Trustees: -1
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: 0 ?

SIGNIFICANCE 

The activites of the charity are to advance, for the public benefit, the education (including social, physical, spiritual and mental development) of young people in the North East of England by making grants to other charities, ministries and organisations.
Analysis by Giving is Great

Regulatory & Governance issues to consider:

  • There are only 4 trustees

Financial issues to consider:

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

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
31/05/23£597£212£385£0£1,083£301.700
31/05/22£794£95£698£0£698£415.200
Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 0%
Unrestricted Funds/Total Funds: 3%
Reserves/Spending: 1.7 months
Net Current Assets/Spending: 61 months
Quick Ratio: 860.9
Asset Split ?
Established: 3 years

significance316@gmail.com

07801447017

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Museums, parks, historical sites
How it operates
  • Makes Grants to Organisations
Where it operates
  • Durham, Gateshead, Newcastle Upon Tyne City, North Tyneside, Northumberland, South Tyneside, Sunderland,
Who it helps
  • Children/Young People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (4)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 18/05/2021, number: 1194520
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Conflicting interests
  • Safeguarding vulnerable beneficiaries
Filing Record
2 returns made; all on time
Main office

SIGNIFICANCE
Emmaus Village
Pemberton Road
Allensford
Consett
DH8 9BA

Objectives

THE OBJECTS OF THE CIO ARE TO ADVANCE, FOR THE PUBLIC BENEFIT, THE EDUCATION (INCLUDING SOCIAL, PHYSICAL, SPIRITUAL AND MENTAL DEVELOPMENT) OF YOUNG PEOPLE IN THE NORTH EAST OF ENGLAND BY MAKING GRANTS TO OTHER CHARITIES, MINISTRIES AND ORGANISATIONS.

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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