Finance Score: 6
Governance Score: -1
Support Score: 0
  • Liabilities <10%: +3
  • Fundraising costs low: +3
  • Mainly female board: -1
  • No supporters identified
Overall GiG Score: 5 ?

FT FINANCIAL LITERACY AND INCLUSION CAMPAIGN 

Furthering the objectives of the charity.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • The Board is predominantly female

Financial issues to consider:

  • Liquidity appeared to be considerably in excess of CC guidelines at the latest year end but spending has been increasing rapidly

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
31/03/23£579£315£264£10£640£59722.7435
31/03/22£485£109£376n/an/an/an/an/a50
Financial Ratios
Fundraising Costs/Relevant Income: 1.7%
Fundraising Costs/Total Spending: 3.1%
Senior Staff Costs/Total Spending: 32%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 8%
Liabilities/Income: 9%
Unrestricted Funds/Total Funds: 93%
Reserves/Spending: 22.7 months
Net Current Assets/Spending: 24 months
Quick Ratio: 12.6
Asset Split ?
Established: 3 years

financial.literacy@ft.com

02078734869

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Education/Training
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Provide financial or material assistance
How it operates
  • Provides advocacy/advice/information
  • Sponsors or undertakes research
Where it operates
  • Throughout England And Wales,
Who it helps
  • Children/Young People
  • Other Defined Groups
  • 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
Gender Split

Age Range of Trustees:
  • RITA DHUT Appointed: 2021, Occupation: Equity Fund Manager
Legal constitution
  • Charity registered in England & Wales on 25/05/2021, number: 1194590
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
2 returns made; all on time
Main office

BRACKEN HOUSE
1 FRIDAY STREET
LONDON
EC4M 9BT

Objectives

THE OBJECTS OF THE CIO ARE SPECIFICALLY RESTRICTED TO THE ADVANCEMENT OF EDUCATION AND THE RELIEF OF POVERTY FOR THE BENEFIT OF THE PUBLIC, PARTICULARLY THROUGH THE PROMOTION OF FINANCIAL LITERACY AMONG YOUNG PEOPLE, WOMEN AND DISENFRANCHISED COMMUNITIES.

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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