Finance Score: -2

Governance Score: -5

Support Score: 0

Multiple Deficits: -2
No PartB

No conflicts policy: -1
12+ Trustees: -1
All male board: -3

No supporters identified

Overall GiG Score: -7

THE MAGNUS CHARITY

Provides financial support for the Parish Church of the Ecclesiastical Parish of St. Mary Magdalene Newark for defined purposes.Provides financial support for facilities for the benefit of the patients in Newark Hospital for which provision is not made out of public funds.

Analysis by Giving is Great

Regulatory & Governance issues to consider:

This charity does not have a Conflict of Interests policy
There are 13 trustees whereas the Charities Commission recommends a maximum of 12
The Board is completely male

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
On several occasions in recent years income has been less than spending

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
05/04/23		£229	£337	£-108	n/a	n/a	n/a	n/a	n/a
05/04/22	*	£0	£0	£0	n/a	n/a	n/a	n/a	n/a
05/04/21		£227	£241	£-14	n/a	n/a	n/a	n/a	n/a
05/04/20		£230	£257	£-27	n/a	n/a	n/a	n/a	n/a
05/04/19		£218	£238	£-20	n/a	n/a	n/a	n/a	n/a
05/04/18		£209	£240	£-31	£0	£0	£0	n/a	0
05/04/17		£182	£213	£-32	£0	£0	£0	n/a	0
05/04/16		£224	£270	£-46	£0	£0	£0	n/a	0
05/04/15		£220	£194	£26	£0	£0	£0	n/a	0
05/04/14		£181	£195	£-14	£0	£0	£0	n/a	0
05/04/13		£180	£193	£-13	£0	£0	£0	n/a	0
05/04/12		£178	£139	£39	£0	£0	£0	n/a	0
05/04/11		£152	£118	£34	£0	£0	£0	n/a	0
05/04/10		£133	£160	£-27	£0	£0	£0	n/a	0
05/04/09		£40	£50	£-9	£0	£0	£0	n/a	0
05/04/08		£50	£53	£-3	£0	£0	£0	n/a	0
05/04/07		£53	£44	£8	£0	£0	£0	n/a	0
05/04/06	*	£44	£49	£-5	£0	£0	£0	n/a	0
05/04/05		£49	£46	£3	£0	£0	£0	n/a	0
05/04/04		£46	£45	£2	£0	£0	£0	n/a	0

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Highest pay bracket: less than £60,000

Established: 60 years

amy.allison@langleys.com

01522508711

Charity Commission for England and Wales

Listed activities

Education/Training
Religious Activities
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Christian religious associations

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides buildings/facilities/open space

Where it operates

Nottinghamshire,

Who it helps

Children/Young People

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (13)

Gender Split

Based on 11/13 persons

CLLR SAM SMITH Appointed: 2021

CLLR CHRIS LION Appointed: 2021, Other trusteeship: THE MAGNUS EDUCATIONAL FOUNDATION,

CLLR JAY HENDERSON Appointed: 2019

CLLR LAURENCE GOFF Appointed: 2022

ANDREW JONATHAN FEARN (Chair) Appointed: 2018, Other trusteeships: THE MAGNUS EDUCATIONAL FOUNDATION, THE NEWARK AREA ARTS AND LEISURE FOUNDATION, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWARK ON TRENT ST MARY MAGDALENE WITH ST LEONARD, NEWARK CRUSADER CIO,

GRAHAM CARTLEDGE, Other trusteeship: THE MAGNUS EDUCATIONAL FOUNDATION,

JAMES DERRY, Other trusteeship: THE MAGNUS EDUCATIONAL FOUNDATION,

JAMES HOWLETT, Other trusteeships: THE MAGNUS EDUCATIONAL FOUNDATION, NEWARK EMMAUS TRUST,

JAMES BAGGALEY Appointed: 2019, Other trusteeship: THE W E KNIGHT EDUCATION TRUST,

MICHAEL DAY BEAUMONT CBE, Other trusteeships: THE MAGNUS EDUCATIONAL FOUNDATION, THE NEWARK AREA ARTS AND LEISURE FOUNDATION,

MICHAEL FURNESS KC, Other trusteeship: THE MAGNUS EDUCATIONAL FOUNDATION,

NIGEL WILD Appointed: 2021, Other trusteeship: THE MAGNUS EDUCATIONAL FOUNDATION,

RICHARD WATKINSON, Other trusteeship: THE MAGNUS EDUCATIONAL FOUNDATION,

Legal constitution

Charity registered in England & Wales on 20/01/1964, number: 222545

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

There are no Policies registered with the Charities Commission

Filing Record

20 returns made; AR22: 60 days late, AR06: 10 days late,

Main office

Knights Plc
Olympic House
995 Doddington Road
LINCOLN
LN6 3SE

Objectives

INCCOME TO BE DIVIDED:- 1) TWO-NINTHS TEHREOF IN PAYING SIX CHORISTERS AND SIX LOW BOYS OR ASSISTANT CHORISTERS IN THE PARISH CHURCH OF ST. MARY MAGDALENE NEWARK UPON TRENT. 2) TWO-NINTHS THEREOF IN MAKING PAYMENT IN SUCCH PROPORTIONS AS THE VICAR AND CHURCHWARDENS THINK FIT TO THE PARISH CLERK, SEXTON AND VERGERS OF THE SAID ECCLESIASTICAL PARISH. 3) TWO-NINTHS THEREOF IN REPAIRING AND MAITAINING THE SAID PARISH CHURCH AND THE FURNITURE AND FITTINGS THEREIN. 4) THREE-NINTHS THEREOF IN PAYING THE SAME TO THE NOTTINGHAM AND DISTRICT HOSPITAL MANAGEMENT COMMITTEE (FOR FULL DETAILS SEE CLAUSE 4 OF SCHEME)

Defined Area of Benefit:

BOROUGH OF NEWARK UPON TRENT

Data Sources