Finance Score: 0
Governance Score: 8
Support Score: 12
  • Poor Liquidity: -1
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Overall weighted support: +12
Overall GiG Score: 20 ?

THE VENTURE TRUST

Venture Trust helps people, who, because of their life experiences, are marginalised, disadvantaged, chaotic or vulnerable, to recognise what they need to change, then gives them the confidence, motivation and lifeskills they need to make those changes. At the heart of its work, Venture Trust gives people time, space, challenge and intensive personal development support in wilderness settings.
Analysis by Giving is Great

Positives:

  • Fundraising costs are unusually low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Why are there 13 trustees whereas the Charities Commission recommends a maximum of 12?
  • Over half the Board have joined recently

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end
  • 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 £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£2,419£2,731£-313£15£128£870.4588
31/03/22£2,832£2,711£121£14£441£3811.7587
31/03/21£2,709£2,616£93£17£320£2411.1570
31/03/20£2,724£2,851£-128£18£227£1190.5560
31/03/19£3,039£3,002£37£12£355£2210.96713
31/03/18£2,931£2,936£-5£6£318£2000.8670
31/03/17£2,661£2,678£-17£8£323£1890.8610
31/03/16£2,507£2,443£64£63£340£1830.9570
31/03/15£2,575£2,433£142£20£275£1440.7550
31/03/14£2,312£2,634£-321£27£145£660.3640
31/03/13£2,905£2,951£-46£26£466£2891.2740
31/03/12£2,912£2,998£-85£20£512£2871.1720
31/03/11£2,736£2,799£-63£34£598£2741.2690
31/03/10£2,527£2,104£423£37£661£2001.1540
31/03/09£1,360£1,258£102£16£238£1311.2290
31/03/08£1,414£1,387£27£30£136£270.2290
31/03/07£1,079£1,039£40£17£110£0n/a250
31/03/06£814£749£65n/an/an/an/an/an/a
31/03/05£654£625£29n/an/an/an/an/an/a
31/03/04*£491£543£-52n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0.6%
Fundraising Costs/Total Spending: 0.5%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 70%
Liabilities/Income: 12%
Unrestricted Funds/Total Funds: 68%
Reserves/Spending: 0.4 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.7
Asset Split ?
Balance Sheet History
Established: 42 years

www.venturetrust.org.uk

finance@venturetrust.org.uk

01312287700

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Armed Forces/Emergency Service Efficiency
  • Disability
  • Economic/Community Development/Employment
  • Education/Training
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Social clubs and similar
How it operates
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Scotland,
Who it helps
  • Children/Young People
  • Other Defined Groups
  • People With Disabilities

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
Ministry of Defence£264,025
Impetus PEF£256,250
Garfield Weston Foundation£30,000
Charles Hayward Foundation£25,000
Specific Donations
Amount When
Months
To be used for
Charles Hayward Foundation - Grant to Venture Trust
£25,000 27/02/2023
Next Steps Outreach program for at risk women
Impetus PEF -
£50,000 01/08/2022
Department for Work and Pensions - THE VENTURE TRUST
£15,227 01/04/2022
The Kickstart Scheme provides funding to employers to create jobs for 16 to 24 year olds on Universal Credit.
Ministry of Defence - Covenant Fund
£40,000 12/11/2021
For existing charitable projects to help charities to sustain activities and services that people from Armed Forces communities use and value.
Garfield Weston Foundation - Main Grants award
£30,000 05/11/2021
Venture Trust: See Potential
Impetus PEF -
£206,250 01/07/2021
Department for Work and Pensions - THE VENTURE TRUST
£4,500 01/04/2021
The Kickstart Scheme provides funding to create new jobs for 16 to 24 year olds on Universal Credit who are at risk of long term unemployment.
Ministry of Defence - Covenant Fund
£35,000 12/02/2021
Address social isolation by targeting specific groups within the Armed Forces community who are traditionally harder to reach.
Ministry of Defence - £10M Veterans' Mental Health and Wellbeing Fund
£35,000 13/11/2020
The Positive Pathways programme funded projects that develop and run activities supporting the mental health and wellbeing of ex-Forces.
Ministry of Defence - Financial Assistance/Support
£154,025 01/04/2020
. Banking fines - Treasury to direct to various Armed Forces causes.
Impetus PEF -
£178,500 01/07/2019
National Lottery Heritage Fund - Grant to Venture Trust
£80,400 25/03/2019
Understanding Our Place in Time: Women at risk of offending discovering their place in heritage
Comic Relief - Make Yourself at Home
£177,757 06/11/2018
36
The project uses sport activities in a wilderness environment to address the complex needs of young people whose chaotic backgrounds have led to them experiencing, or being at risk of experiencing homelessness. Outdoor pursuits are used as a tool to ....more
Impetus PEF -
£206,000 01/07/2018
Impetus PEF -
£154,000 01/07/2017
National Lottery Heritage Fund - Grant to Venture Trust
£49,900 30/05/2016
Tracking the Highland Drovers – Young Carers Exploring the History and Heritage of Drovers' Routes
Dulverton Trust - Transitions Programme
£90,000 10/06/2015
Transitions Programme
Comic Relief - Inspiring Young Futures (IYF) programme - SSRHAP
£50,000 18/03/2015
24
33,000 Scots aged 16-19 are not in employment, education or training, and in the Central Belt a notable concentration of young people have substance misuse issues, experience of homelessness or being in care, and are on the cusp of offending. ....more
National Lottery Heritage Fund - Grant to Venture Trust
£30,100 16/12/2013
The Lowland Clearances - young carers explore Scotland's silent revolution
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)
Current Trustees appointed
Gender Split

Age Range of Trustees: 34-74
  • ADAM BURLEY Appointed: 2020, Occupation: Consultant Clinical Psychologist
  • ALASTAIR CLARKSON Appointed: 2017, Occupation: Actuary
  • BARRY SILLERS (Chair) Appointed: 2024, Occupation: Public Servant
  • CATHERINE LOUISE LINDSAY Appointed: 2018, Occupation: Consultant
  • HUGH ROBERT MCGREGOR Appointed: 2019, Occupation: Retired Social Worker
  • JILL ANN ROULSTON Appointed: 2018, Occupation: Accountant
  • KATY LOUISE HETHERINGTON Appointed: 2018, Occupation: Organisation Lead Child & Adolescent Public Health
  • LEIGH-ANN PLENDERLEITH Appointed: 2024, Occupation: Actuary
  • NEIL MCMILLAN Appointed: 2024, Occupation: Executive Director
  • NICHOLAS LEITCH Appointed: 2024, Occupation: Head Of Proposition Strategy Analysis
  • RACHEL MARGUERITE DAVID Appointed: 2024, Occupation: Marketing Manager
  • ROSS YUILL Appointed: 2024, Occupation: Solicitor
  • WILLIAM STEPHEN Appointed: 2023, Occupation: Principal Teacher
Legal constitution
  • Charitable company registered in England & Wales on 16/03/1983, number: 285891
  • Registered at Companies House on 25/10/1982, number: 01673720
Gift Aid
  • 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR04: 1 days late,
Main office

Venture Trust
Unit 6 Block 1
Manor Farm Business Park
Manor Loan
STIRLING
FK9 5QD

Objectives

(A) THE ADVANCEMENT OF EDUCATION, THROUGH THE PROVISION OF PROGRAMMES OF PERSONAL AND SOCIAL DEVELOPMENT TO PEOPLE, AGED OVER 16 YEARS, BY THE PARTICIPATION IN COMMUNITY AND OUTDOOR-BASED EDUCATION, ADVENTURE ACTIVITIES AND LEARNING THEREBY ASSISTING IN DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO OVERCOME DISADVANTAGE AND IN THE INTERESTS OF SOCIAL WELFARE (B) TO SUPPORT THE PREVENTION OF OFFENDING AND REHABILITATION OF INDIVIDUALS ADDRESSING THE UNDERLYING CAUSES OF OFFENDING AND ENABLE THEM TO BECOME RESPONSIBLE MEMBERS OF SOCIETY SO THAT THEIR CONDITIONS OF LIFE MAY BE IMPROVED (C) TO ASSIST PEOPLE, AGED OVER 16 YEARS, TO BENEFIT FROM FURTHER TRAINING OR EDUCATION, WORK EXPERIENCE OR TO ENTER EMPLOYMENT (D) TO ASSIST AND ENCOURAGE PEOPLE, AGED 16 AND ABOVE, WHO HAVE NEED BY REASON OF THEIR SOCIAL AND ECONOMIC CIRCUMSTANCES, TO DEVELOP AN ABILITY TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS. (E) TO PROMOTE AND CONDUCT RESEARCH INTO PERSONAL AND SOCIAL DEVELOPMENT AND WILDERNESS/OUTDOOR-BASED DEVELOPMENT PROGRAMMES, AND TO IDENTIFY THE DEVELOPMENTAL NEEDS OF PEOPLE AND SOCIAL CONDITIONS AFFECTING PEOPLE AND TO PUBLISH RESULTS AND INSIGHTS (F) TO PROMOTE OR BENEFIT SUCH ONE OR MORE PURPOSES OR INSTITUTIONS AS SHALL FROM TIME TO TIME BE CHARITABLE BY ENGLISH LAW?

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving

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