Finance Score: -5

Governance Score: 3

Support Score: 0

Excess reserves: -5

Gender balanced board: +3

No supporters identified

Overall GiG Score: -2

THE ASAMAA CHARITABLE TRUST

The charity will consider making grants to registered charities or other charitable organizations in the UK, especially in the areas of cancer support, community services, classical music, Chislehurst based organizations, animal welfare and education.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

This charity only provides its support via other charities

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £614,523 available, equivalent to 444 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
05/04/23		£620	£17	£603	£0	£615	£615	444.2	0	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: 42%
Liabilities/Income: 71%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 444.2 months
Net Current Assets/Spending: 92 months
Quick Ratio: 1

Asset Split ?

Established: 2 years

asamaact@btinternet.com

02084672748

Charity Commission for England and Wales

Listed activities

General Charitable Purposes

How it operates

Makes Grants to Organisations

Where it operates

Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

ANTHONY FREDERICK PETER WIFFEN Appointed: 2022

CHRISTOPHER PATRICK DOOLEY Appointed: 2023

MARION ANN ALLEN Appointed: 2017

JOANNA DOROTHEA FRIEL Appointed: 2022, Other trusteeships: THE CHISLEHURST AND ST PAUL'S CRAY COMMONS CONSERVATORS, THE CHISLEHURST SOCIETY CIO,

ANTHONY STEVEN ALLEN (Chair) Appointed: 2017, Occupation: Chartered Accountant, Other trusteeships: MDS UK PATIENT SUPPORT GROUP, THE FRIENDS OF SCADBURY PARK,

Legal constitution

Charity registered in England & Wales on 13/07/2022, number: 1199636

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Complaints policy and procedures
Conflicting interests
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
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

1 returns made; all on time

Main office

THE COACH HOUSE
KEMNAL ROAD
CHISLEHURST
BR7 6LT

Objectives

THE OBJECTS OF THE CHARITY (?THE OBJECTS?) ARE TO APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL AT SUCH TIMES AND IN SUCH MANNER TO OR FOR THE BENEFIT OF SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES (REGARDED AS CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES) IN ANY PART OF THE WORLD AS THE TRUSTEES THINK FIT

Data Sources