Finance Score: 2

Governance Score: 5

Support Score: 3

Liabilities <10%: +3
Excess reserves: -3
Positive trading contribution: +2;

12+ Trustees: -1
Dynamic board: +3
Gender balanced board: +3

Gov Income
Grant maker support: +3

Overall GiG Score: 10

THE OLD ENFIELD CHARITABLE TRUST

Makes charitable grants to residents of the Ancient Parish of Enfield who are in need. These grants include education and general grants, together with community grants to local organisations.

Analysis by Giving is Great

Positives:

The charity has received Government grants
This charity has a robust balance sheet
More than half of total income was derived from trading and fees in the latest year
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

There are 15 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £1,968,621 available, equivalent to 39 months of spending and so may not be able to utilise additional funding

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
31/03/23		£667	£603	£64	£0	£8,164	£1,969	39.2	7
31/03/22		£634	£581	£53	£0	£8,268	£1,987	41.1	7
31/03/21		£504	£534	£-30	£0	£8,102	£1,867	42	7
31/03/20		£649	£725	£-76	£0	£7,711	£1,635	27.1	8
31/03/19		£670	£656	£14	£0	£8,116	£1,829	33.5	7
31/03/18		£663	£685	£-22	£0	£8,038	£1,741	30.5	8
31/03/17		£680	£735	£-56	£470	£6,569	£1,779	29	9
31/03/16		£668	£741	£-73	£0	£6,311	£1,513	24.5	13
31/03/15		£576	£599	£-22	£12	£6,498	£1,692	33.9	13
31/03/14	*	£599	£640	£-41	£14	£6,355	£1,609	30.2	14
31/03/13	*	£632	£645	£-13	£10	£6,287	£1,591	29.6	4
31/03/12	*	£662	£579	£84	£13	£6,209	£1,558	32.3	4
31/03/11	*	£547	£470	£76	£16	£6,113	£1,469	37.5	11
31/03/10		£520	£461	£59	£16	£5,977	£1,355	35.2	12
31/03/09		£545	£588	£-43	£11	£5,542	£1,096	22.4	11
31/03/08	*	£585	£325	£260	£10	£6,090	£1,350	49.9	4
31/03/07	*	£639	£715	£-77	£21	£5,551	£1,488	25	15
31/03/06		£674	£608	£66	£0	£0	£0	n/a	0
31/03/05		£645	£569	£76	£0	£0	£0	n/a	0
31/03/04		£641	£659	£-18	£0	£0	£0	n/a	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: 1%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 24%
Reserves/Spending: 39.2 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.5

Asset Split ?

Established: 62 years

www.thetrustenfield.org.uk

bindi@thetrustenfield.org.uk

02083678941

Charity Commission for England and Wales

Tweets

Listed activities

Accommodation/Housing
Amateur Sport
Economic/Community Development/Employment
Education/Training
General Charitable Purposes
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Individuals
Makes Grants to Organisations

Where it operates

Enfield,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
People With Disabilities
The General Public/Mankind

Who works here?

7 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (15)

Current Trustees appointed

Gender Split

Based on 13/15 persons

DEIGHTON HARGREAVES Appointed: 2023, Other trusteeship: ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY,

HASS YUSUF Appointed: 2020, Other trusteeship: ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY,

JONATHAN F MCGRATH MR Appointed: 2018

PAUL EDWARDS MR Appointed: 2022

ANNE WHITEHORN Appointed: 2019, Other trusteeship: ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY,

CHERYL BYAMUKAMA Appointed: 2013, Other trusteeships: ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY, ENFIELD CITIZENS ADVICE BUREAUX,

CLIVE PARKER Appointed: 1997, Other trusteeship: ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY,

COUNCILLOR MICHAEL RYE Appointed: 2022, Other trusteeship: ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY,

DR PATRICK O'MAHONY Appointed: 1998, Other trusteeships: ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY, THE NIGHTINGALE CANCER SUPPORT CENTRE,

GEOFFREY STANLEY HILL Appointed: 2019, Other trusteeships: ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY, HOMES OF PROMISE,

JIM EUSTANCE, Other trusteeship: ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY,

JOHN TANNER Appointed: 2022, Other trusteeship: ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY,

NICHOLAS MAUNDER TAYLOR Appointed: 2003, Other trusteeship: ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY,

SUSAN JANE ATTWOOD JP (Chair) Appointed: 1991, Other trusteeships: ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY, THE TOTTENHAM AND EDMONTON GENERAL DISPENSARY FUND (1990),

SOPHIE DORAN Appointed: 2021, Other trusteeship: ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY,

Legal constitution

Charity registered in England & Wales on 22/09/1962, number: 207840

Gift Aid

NOT 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
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Volunteer management

Filing Record

20 returns made; AR14: 1 days late, AR13: 8 days late, AR12: 23 days late, AR11: 12 days late, AR08: 27 days late, AR07: 64 days late,

Main office

The Old Enfield Charitable Trust
The Old Vestry Office
22 The Town
Enfield
EN2 6LT

Objectives

(1) FOR RELIEF IN NEED IN RELIEVING EITHER GENERALLY OR INDIVIDUALLY PERSONS RESIDENT IN THE AREA OF THE ANCIENT PARISH OF ENFIELD (THE RESIDENTS) WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS BY MAKING GRANTS OF MONEY OR PROVIDING OR PAYING FOR ITEMS, SERVICES OR FACILITIES CALCULATED TO REDUCE THE NEED, HARDSHIP OR DISTRESS OF THE RESIDENTS. (2) IN PAYING FOR SUCH ITEMS, SERVICES OR FACILITIES BY WAY OF DONATIONS OR SUBSCRIPTIONS TO INSTITUTIONS OR ORGANISATIONS WHICH PROVIDE OR UNDERTAKE IN RETURN TO PROVIDE SUCH ITEMS, SERVICES OR FACILITIES FOR THE RESIDENTS. (3) IN ASSISTING THE RESIDENTS WHO ARE IN NEED OF FINANCIAL ASSISTANCE AND WHO ARE PREPARING FOR, ENTERING UPON OR ENGAGED IN ANY PROFESSION, TRADE, OCCUPATION OR SERVICE, BY PROVIDING THEM WITH OUTFITS, BY PAYING FOR FEES, TRAVELLING OR MAINTENANCE EXPENSES, OR BY SUCH OTHER MEANS FOR THEIR ADVANCEMENT IN LIFE OR TO ENABLE THEM TO EARN THEIR LIVING AS THE TRUSTEES THINK FIT. (4) IN OTHERWISE PROMOTING THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF THE RESIDENTS. (5) IN IMPROVING THE CONDITION OF LIFE OF THE RESIDENTS IN THE INTERESTS OF SOCIAL WELFARE, FACILITIES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION. (6) IN ANY OTHER CHARITABLE PURPOSES FOR THE BENEFIT OF THE RESIDENTS.

Defined Area of Benefit:

ANCIENT PARISH OF ENFIELD

Data Sources