Finance Score: 3

Governance Score: 1

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Large legacies income: +2
Fundraising costs low: +3

Only 3 Trustees: -2
Gender balanced board: +3

No supporters identified

Overall GiG Score: 4

THE GITTINS FAMILY CHARITABLE TRUST

Education and training in specified fields of manufacturing and Health care

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
This charity has a robust balance sheet
This charity has received more than half of its income from legacies in recent years
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
There are only 3 trustees

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £2,426,881 available, equivalent to 353 months of spending and so may not be able to utilise additional funding

Financial Data ?

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		£660	£82	£577	£0	£2,427	£2,427	353.2	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 3.9%
Fundraising Costs/Total Spending: 30.9%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 353.2 months
Net Current Assets/Spending: 19 months
Quick Ratio: 20.8

Asset Split ?

Established: 2 years

bernard@charterhousefp.com

01902904600

Charity Commission for England and Wales

Listed activities

Disability
Education/Training
Other Charitable Purposes

GiG Classification

Services for the elderly

How it operates

Makes Grants to Organisations

Where it operates

Northern Ireland, Scotland, Throughout England,

Who it helps

Elderly/Old People

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

BERNARD KING (Chair) Appointed: 2015

ELIZABETH-ANN RICHARDS Appointed: 2020

MICHAEL WOODMORE Appointed: 2015, Occupation: Retired, Other trusteeship: THAMES EXPLORER TRUST,

Legal constitution

Charity registered in England & Wales on 17/11/2021, number: 1196638

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Risk management
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

1 returns made; all on time

Main office

CHARTERHOUSE FINANCIAL PLANNING
LITTLE KINVASTON
WATLING STREET
GAILEY
STAFFORD
ST19 5PR

Objectives

TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) FOR THE PUBLIC BENEFIT AS THE TRUSTEES SEE FIT, PRIMARILY BY PROVIDING GRANTS TO REGISTERED CHARITIES WITH A PARTICULAR FOCUS ON EDUCATION AND TRAINING IN AREAS SUCH AS CARPENTRY, ENGINEERING, WOODWORKING, HORTICULTURE AND FINE ARTS AND HEALTH AND PROVIDING FUNDING TO REGISTERED CHARITIES INVOLVED IN END OF LIFE HEALTHCARE.

Data Sources