Finance Score: -9

Governance Score: 2

Support Score: 3

Positive trading contribution: +2;Spending falling: -1
Multiple Deficits and declines: -5
Fundraising costs high: -5

No volunteer policy: -2
Narrow trustee age band: -2
Dynamic board: +3
Gender balanced board: +3

Gov Income
Grant maker support: +3

Overall GiG Score: -4

THE ASSOCIATION FOR CULTURAL EXCHANGE LIMITED

The Association provides study tours and courses; supports cultural exchange; promotes conferences, lectures, concerts, exhibitions, events, seminars and exchange visits of an educational nature; awards bursaries and scholarships and makes donations; supports education in history, music, art, architecture, design, literature, environmental studies, and theory of education.

Analysis by Giving is Great

Positives:

The charity has received Government grants
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 gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy
One or more trustees receive payments or benefits from the charity for providing services to the charity
The Board has little diversity in terms of age

Financial issues to consider:

Liquidity appeared to be in excess of CC guidelines at the latest year end but spending has been increasing rapidly
Spending has fallen significantly over the last 5 years relative to the previous period
Income has been volatile and on several occasions in recent years 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	Volun- teers
31/12/22		£4,588	£4,447	£141	£3,784	£7,096	£7,096	19.1	32	18
31/12/21		£1,671	£2,016	£-345	£1,589	£7,586	£7,586	45.1	17	10
31/12/20		£1,179	£1,862	£-683	£1,571	£7,688	£7,688	49.5	24	10
31/12/19	*	£6,318	£6,302	£17	£5,868	£8,327	£8,327	15.9	25	6
31/12/18		£6,885	£6,879	£6	£6,299	£7,812	£7,812	13.6	24	10
31/12/17		£6,245	£6,037	£208	£5,651	£8,058	£8,058	16	23	0
31/12/16		£5,698	£5,663	£35	£0	£7,744	£7,744	16.4	23	0
31/12/15		£5,889	£5,533	£356	£56	£7,322	£7,322	15.9	21	0
31/12/14		£5,567	£5,229	£338	£46	£7,041	£7,041	16.2	18	0
31/12/13	*	£5,672	£5,250	£421	£47	£6,766	£6,740	15.4	16	0
31/12/12		£4,801	£4,420	£381	£76	£5,770	£5,770	15.7	15	0
31/12/11		£5,220	£5,375	£-156	£178	£5,129	£5,129	11.5	14	0
31/12/10?		£0	£0	£0	£74	£5,410	£5,410	INF	12	0
31/12/08		£5,645	£5,813	£-168	£46	£4,737	£4,737	9.8	12	0
31/12/07		£5,022	£5,196	£-175	£31	£5,783	£5,783	13.4	12	0
31/12/06		£4,934	£4,738	£196	£0	£0	£0	n/a	0	0
31/12/05		£4,494	£4,193	£301	£0	£0	£0	n/a	0	0
31/12/04		£4,274	£4,119	£155	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 3383%
Fundraising Costs/Total Spending: 85.6%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 16%
Liabilities/Income: 29%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 19.1 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.6

Asset Split ?

Established: 44 years
(66 years as a company)

www.staplefordgranary.org.uk

ace@staplefordgranary.org.uk

01223849004

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage

GiG Classification

International poverty relief

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies
Other Defined Groups
The General Public/Mankind

Who works here?

32 employees
18 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Based on 8/9 persons

Age Range of Trustees: 58-76

LESLEY THOMPSON Appointed: 2023, Occupation: Bursar

PAUL JACKSON Appointed: 2023, Occupation: Freelance Musician

PETER MCPARTLAND Appointed: 2023, Occupation: Investment Manager

CHRISTINE BERRY Appointed: 2019, Occupation: Lawyer

DAVID MARTIN Appointed: 2019, Occupation: Trust Director

HARRIET SARAH BURLES Appointed: 2023, Occupation: Art Historian, Other trusteeship: THE CATHEDRAL CHURCH OF THE HOLY AND UNDIVIDED TRINITY OF ELY,

JOHN BRYDEN Appointed: 2018, Occupation: Musician

SANDRA TONI MOSES Appointed: 2019, Occupation: Architect

CHRISTOPHER MARK SANDERS Appointed: 2018, Occupation: Retired, Other trusteeship: BRIGHT IDEAS FOR TENNIS,

Legal constitution

Charitable company registered in England & Wales on 08/04/1980, number: 279567
Registered at Companies House on 19/05/1958, number: 00604757

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Investment
Risk management

Filing Record

18 returns made; AR19: 12 days late, AR13: 19 days late,

Main office

STAPLEFORD GRANARY
BURY ROAD
STAPLEFORD
CAMBRIDGE
CB22 5BP

Objectives

TO ADVANCE THE EDUCATION OF THE PEOPLE OF THE UNITED KINGDOM AND ELSEWHERE IN THE FIELDS OF GENERAL HISTORY; MUSIC; ART, ARCHITECTURE AND DESIGN; ARCHAEOLOGY; LITERATURE; ENVIRONMENTAL STUDIES AND THE THEORY OF EDUCATION.

Defined Area of Benefit:

NOT DEFINED

Data Sources