Finance Score: -7

Governance Score: 3

Support Score: 0

Multiple Deficits: -2
Fundraising costs high: -5

Gender balanced board: +3

No supporters identified

Overall GiG Score: -4

ST MARY MAGDALENE AND HOLY JESUS TRUST

Provision of housing - almshouses - for older persons who are in need, hardship or distress within Newcastle upon Tyne. Payments for the relief in need of the Brethren and Sisters of the Hospitals of Thomas Davison, Ann Davison and Sir Walter Blackett. Making grants to, & provide or pay for items, services & facilities for individuals & organisations who are in need, hardship or distress.

Analysis by Giving is Great

Positives:

The Board appears to be well diversified in terms of gender

Financial issues to consider:

On several occasions in recent years income has been less than spending
Fundraising costs are extremely high relative to funds raised

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		£1,817	£1,467	£350	£148	£44,049	£500	4.1	7
31/03/22		£1,793	£1,980	£-187	£0	£45,232	£500	3	6
31/03/21		£1,587	£1,547	£40	£0	£46,267	£500	3.9	7
31/03/20		£1,867	£1,284	£583	£0	£44,043	£1,000	9.3	10
31/03/19		£1,177	£3,102	£-1,924	£0	£43,763	£1,000	3.9	11
31/03/18		£1,095	£1,042	£53	£0	£46,770	£1,432	16.5	12
31/03/17		£1,397	£1,243	£153	£0	£46,635	£1,175	11.3	14
31/03/16		£1,446	£1,530	£-84	£0	£45,789	£1,140	8.9	14
31/03/15		£1,732	£1,226	£506	£11	£46,089	£1,393	13.6	22
31/03/14		£2,072	£1,302	£770	£15	£42,428	£1,380	12.7	24
31/03/13		£1,866	£1,302	£563	£10	£41,570	£1,000	9.2	25
31/03/12		£1,957	£1,899	£59	£18	£38,110	£1,525	9.6	50
31/03/11		£1,829	£1,846	£-17	£9	£38,087	£1,378	9	50
31/03/10		£1,718	£1,831	£-113	£14	£37,979	£1,410	9.2	52
31/03/09		£1,847	£1,583	£263	£21	£34,624	£2,160	16.4	53
31/03/08		£1,991	£1,564	£427	£42	£34,775	£1,705	13.1	52
31/03/07	*	£1,784	£1,775	£9	£23	£35,065	£1,115	7.5	58
31/03/06		£1,686	£1,594	£92	£0	£0	£0	n/a	0
31/03/05		£1,689	£1,502	£187	£0	£0	£0	n/a	0
31/03/04		£1,526	£1,367	£159	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 49.3%
Fundraising Costs/Total Spending: 19.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 2%
Liabilities/Income: 44%
Unrestricted Funds/Total Funds: 1%
Reserves/Spending: 4.1 months
Net Current Assets/Spending: 16 months
Quick Ratio: 3.4

Asset Split ?

Established: 61 years

mmhjtrust.com

st.marymagdalene@mmhjtrust.com

01912697920

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

Makes Grants to Individuals
Makes Grants to Organisations
Provides buildings/facilities/open space
Provides human resources
Provides services

Where it operates

Newcastle Upon Tyne City,

Who it helps

Elderly/Old People

Who works here?

7 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (10)

Current Trustees appointed

Gender Split

ALAN BAINBRIDGE

COUNCILLOR LINDA ISABELL WRIGHT Appointed: 2018

COUNCILLOR PAUL FREW Appointed: 2022

DAVID WILLIAM MIDGLEY Appointed: 2021

DR WENDY TAYLOR Appointed: 2022

JOHN PAUL LEE O.B.E. Appointed: 2016

RANJANA BELL Appointed: 2023

PAUL ANDERSON, Other trusteeship: THE TOWN MOOR CHARITY,

PAULINE SUMMERHILL Appointed: 2023, Other trusteeship: THE TOWN MOOR CHARITY,

REVD CANON PETER STRANGE Appointed: 2012, Other trusteeship: THE FRIENDS OF ST NICHOLAS - NORTHUMBERLAND,

Legal constitution

Charity registered in England & Wales on 19/11/1963, number: 225979

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
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
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

20 returns made; AR07: 140 days late,

Main office

ST MARY MAGDALENE AND
HOLY JESUS TRUST
CLAREMONT ROAD
NEWCASTLE UPON TYNE
NE2 4NN

Objectives

(A) THE PROVISION OF HOUSING ACCOMMODATION FOR BENEFICIARIES;(B) SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF THE RESIDENTS AS THE TRUSTEE DECIDES;(C) RELIEF IN NEED OF BENEFICIARIES; (D) THE PROVISION OF EXTRA-CARE (INCLUDING RESIDENTIAL CARE) ACCOMMODATION AND FACILITIES FOR BENEFICIARIES, WITH A PREFERENCE FOR RESIDENTS.

Defined Area of Benefit:

NEWCASTLE UPON TYNE AND DISTRICT

Data Sources