Finance Score: -5
Governance Score: 8
Support Score: 3
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Positive trading contribution: +2;Fundraising costs high: -5
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: 6 ?

THE ELECTRICAL SAFETY COUNCIL 

The Electrical Safety Council is an independent charity committed to helping people protect themselves and their families from faulty, damaged, substandard and poorly maintained electrical installations and products
Analysis by Giving is Great

Positives:

  • The charity has received Government grants and contracts
  • This charity has a robust balance sheet
  • More than half of total income was derived from trading and fees in the latest year
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 14 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £31,275,998 available, equivalent to 141 months of spending and so may not be able to utilise additional funding
  • 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 Volun-
teers
31/03/23£7,075£2,663£4,412£66£31,276£31,276140.9190
31/03/22£5,625£1,951£3,674£76£28,358£28,358174.5160
31/03/21£5,773£1,906£3,867£73£30,235£30,235190.4180
31/03/20£7,007£2,288£4,719£55£34,239£34,239179.5190
31/03/19£4,842£3,789£1,054£112£26,229£26,22983.1191
31/03/18£9,525£2,151£7,374£62£25,591£29,291163.4180
31/03/17£4,524£3,051£1,473£113£10,479£10,47941.2200
31/03/16£4,003£3,239£764£166£16,947£16,94762.8180
31/03/15£10,754£12,098£-1,344£9,660£15,817£15,81715.7860
31/03/14£11,217£12,024£-807£9,564£3,703£3,7033.7870
31/03/13£35,521£33,623£1,898£15,034£6,398£6,3982.33590
31/03/12£36,638£36,233£405£17,969£7,341£7,3412.43490
31/03/11£34,273£33,948£325£15,283£13,780£13,7804.93470
31/03/10£33,182£33,997£-815£13,759£1,769£1,7690.63440
31/03/09£38,050£35,934£2,116£14,840£9,139£9,1393.13550
31/03/08£33,997£31,524£2,473£13,841£15,291£15,2915.83480
31/03/07£31,370£29,209£2,161£12,375£13,918£13,9185.73420
31/03/06£870£2,113£-1,243£0£0£0n/a00
31/03/05£21,774£22,651£-877£0£0£0n/a00
31/03/04£8,488£8,595£-108£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 129.9%
Fundraising Costs/Total Spending: 3%
Senior Staff Costs/Total Spending: 21%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 2%
Liabilities/Income: 8%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 140.9 months
Net Current Assets/Spending: 35 months
Quick Ratio: 13.8
Asset Split ?
Established: 51 years
(67 years as a company)

http://www.electricalsafetyfirst.org.uk

enquiries@electricalsafetyfirst.org.uk

02034635110

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Education/Training
  • Other Charitable Purposes
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Social & legal advocacy
How it operates
  • Acts as an umbrella or resource body
  • Makes Grants to Individuals
  • Makes Grants to Organisations
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Guernsey, Isle Of Man, Jersey, Northern Ireland, Scotland,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/Mankind
Who works here?
  • 19 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (14)
Current Trustees appointed
Gender Split
Based on 13/14 persons

Age Range of Trustees: 37-68
  • RICHARD OLSZEWSKI Appointed: 2021, Occupation: Government Relations And Communications Consultant
  • EMMA HUDSON Appointed: 2018, Occupation: Engineering Manager
  • TOM CONNELLY Appointed: 2018, Occupation: Operations Manager
Legal constitution
  • Charitable company registered in England & Wales on 01/03/1973, number: 257376
  • Registered at Companies House on 10/08/1956, number: 00570175
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • 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
  • 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
20 returns made; all on time
Main office

45 GREAT GUILDFORD STREET
LONDON
SE1 0ES

Objectives

TO PROTECT AND PROCURE THE PROTECTION OF CONSUMERS OF ELECTRICITY IN GREAT BRITAIN AND NORTHERN IRELAND, THE CHANNEL ISLANDS, THE ISLE OF MAN AND THE REPUBLIC OF IRELAND OR ANY PART OR PARTS THEREOF AGAINST FAULTY, UNSAFE AND DEFECTIVE ELECTRICAL INSTALLATIONS AND ELECTRICAL EQUIPMENT NOT FORMING PART OF FIXED ELECTRICAL INSTALLATIONS.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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