Finance Score: 1

Governance Score: 3

Support Score: 3

Liabilities <10%: +3
Excess reserves: -5
Fundraising costs low: +3

Gender balanced board: +3

Gov Income
Grant maker support: +3

Overall GiG Score: 7

THE CUTBUSH AND CORRALL CHARITY

Provision of almshouses for the use of poor persons of not less than 50 years of age who have connections with the Borough of Maidstone, Kent

Analysis by Giving is Great

Positives:

The charity has received Government grants
This charity has a robust balance sheet
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of gender

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £8,118,988 available, equivalent to 127 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
31/12/22	£812	£770	£42	£4	£11,864	£8,119	126.5	9
31/12/21	£772	£739	£34	£3	£12,557	£8,421	136.8	8
31/12/20	£782	£668	£114	£3	£12,010	£8,175	146.8	7
31/12/19	£788	£701	£87	£7	£12,012	£7,946	135.9	7
31/12/18	£894	£774	£120	£8	£11,466	£7,626	118.2	8
31/12/17	£721	£746	£-25	£8	£11,546	£7,598	122.2	8
31/12/16	£959	£535	£424	£9	£11,303	£7,502	168.4	7
31/12/15	£581	£473	£108	£111	£11,595	£8,733	221.7	7
31/12/14	£573	£497	£76	£87	£11,210	£8,348	201.6	7
31/12/13	£783	£455	£328	£87	£10,974	£8,126	214.1	7
31/12/12	£595	£487	£108	£128	£10,496	£7,869	194.1	5
31/12/11	£1,014	£460	£554	£118	£10,289	£7,700	201.1	5
31/12/10	£2,395	£332	£2,062	£99	£9,745	£7,587	274	4
31/12/09	£420	£296	£124	£0	£0	£0	n/a	0
31/12/08	£471	£261	£210	£0	£0	£0	n/a	0
31/12/07	£410	£286	£123	£0	£0	£0	n/a	0
31/12/06	£403	£260	£143	£0	£0	£0	n/a	0
31/12/05	£399	£249	£150	£0	£0	£0	n/a	0
31/12/04	£402	£226	£175	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.7%
Fundraising Costs/Total Spending: 0.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 68%
Reserves/Spending: 126.5 months
Net Current Assets/Spending: 8 months
Quick Ratio: 6.9

Asset Split ?

Established: 61 years

http://www.cutbushandcorrall.co.uk/

01622765612

Charity Commission for England and Wales

Listed activities

Accommodation/Housing
The Prevention Or Relief Of Poverty

GiG Classification

Other facilities management and maintenance

How it operates

Provides buildings/facilities/open space

Where it operates

Bexley, Bromley, Kent, Lewisham, Southwark,

Who it helps

Children/Young People
Elderly/Old People

Who works here?

9 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)

Current Trustees appointed

Gender Split

DEBBIE SMITH Appointed: 2018

GRAEME PROUD Appointed: 2017

LIZ HAGGART Appointed: 2020

MR WILLIAM COCKCROFT DL Appointed: 2014

STEPHEN DERRICK MORRIS Appointed: 2012

SUSAN RACHEL DARBYSHIRE

CAROLINE HIGHWOOD (Chair), Other trusteeship: MCCABE DAY CENTRE GROUP,

DENISE JUNE JOY Appointed: 2015, Other trusteeships: COLLIS MILLENNIUM GREEN TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS WITH ST PHILIP MAIDSTONE AND ST STEPHEN TOVIL,

Legal constitution

Charity registered in England & Wales on 15/02/1963, number: 213463

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; all on time

Main office

COLLEGE FARM
COLLEGE AVENUE
MAIDSTONE
ME15 6YJ

Objectives

1. THE OBJECTS OF THE CHARITY ARE:(A) THE RELIEF OF POVERTY BY THE PROVISION OF ALMSHOUSE ACCOMMODATION FOR THE BENEFICIARIES; AND(B) SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF THE RESIDENTS AS THE TRUSTEES DECIDE.2. THE PROPERTIES IDENTIFIED IN PART 1 OF THE SCHEDULE TO THIS SCHEME MUST BE USED FOR THE CUTBUSH AND CORRALL BENEFICIARIES AND THE PROPERTIES IDENTIFIED ON PART 2 MUST BE USED FOR THE QUESTED BENEFICIARIES.

Defined Area of Benefit:

COUNTY OF KENT

Data Sources