Finance Score: -1

Governance Score: -5

Support Score: 3

Spending falling: -1
No PartB

Narrow trustee age band: -2
Static board: -3

Grant maker support: +3

Overall GiG Score: -3

LONDON SKILLS FOR GROWTH LIMITED

We are a Charity who work for the advancement of education of predominantly disadvantaged 14 - 19 year olds through work based learning. Our Mission is "To develop the skills of individuals and communities to respond to the changing needs of a 21st Century workforce". The Charity also occasionally deliver skills training to adults already in employment.

Analysis by Giving is Great

Positives:

A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

The Board composition appears to be rather static and has little diversity in terms of age

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Spending has fallen significantly over the last 5 years relative to the previous period

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
31/07/23		£0	£0	£0	n/a	n/a	n/a	n/a	n/a
31/07/22		£0	£0	£0	n/a	n/a	n/a	n/a	n/a
31/07/21		£528	£1,205	£-677	£0	£0	£0	n/a	23
31/07/20		£1,760	£2,099	£-338	£0	£677	£677	3.9	29
31/07/19	*	£2,010	£2,169	£-159	£0	£1,015	£1,015	5.6	37
31/07/18	*	£2,384	£2,696	£-311	£0	£1,174	£1,174	5.2	52
31/07/17		£2,391	£2,850	£-460	£0	£1,485	£1,485	6.3	54
31/07/16		£2,810	£3,022	£-213	£0	£1,945	£1,275	5.1	57
31/07/15	*	£3,116	£3,050	£66	£14	£2,158	£1,470	5.8	59
31/07/14		£3,173	£3,249	£-76	£157	£2,140	£1,434	5.3	60
31/07/13		£3,100	£3,619	£-518	£405	£2,216	£1,493	4.9	64
31/07/12		£2,621	£2,969	£-348	£445	£2,735	£1,993	8.1	70
31/07/11		£1,853	£1,935	£-82	£285	£3,083	£2,323	14.4	45
31/07/10		£2,020	£1,986	£35	£433	£3,165	£2,390	14.4	44
31/07/09		£1,820	£2,017	£-196	£170	£3,130	£2,338	13.9	39
31/07/08?		£1,676	£1,692	£-16	£78	£3,324	£2,508	17.8	43
31/03/07		£1,581	£1,500	£81	£73	£3,340	£2,507	20	41
31/03/06	*	£1,793	£1,322	£471	£0	£0	£0	n/a	0
31/03/05		£1,478	£1,055	£423	£0	£0	£0	n/a	0
31/03/04		£1,347	£986	£360	£0	£0	£0	n/a	0

Show more rows -->

Show financials table -->

Download accounts

Highest pay bracket: less than £60,000

Established: 40 years

www.skillsforgrowth.org.uk

jennifer.pharo@lsec.ac.uk

0300 303 2554

Charity Commission for England and Wales

Listed activities

Education/Training

GiG Classification

Technical, vocational and continuing education

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Provides services

Where it operates

Bexley, Bromley, City Of London, Greenwich, Kent, Lewisham,

Who it helps

Children/Young People
Other Defined Groups
People With Disabilities

Who's supporting them? ?

Donations from Grant Makers ?

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

Specific Donations

Amount	When Months	To be used for
Department for Education - Apprenticeships Participation 16 - 18
£445,876	01/04/2020	To fund the provision of apprenticeship training.
Department for Education - Apprenticeships Participation 18+
£165,566	01/04/2020	To fund the provision of apprenticeship training.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

Age Range of Trustees: 53-68

ALLAN CAREY Appointed: 2017, Occupation: Deputy Chief Executive

DAVID EASTGATE (Chair) Appointed: 2013, Occupation: Auditor

JOHN HUNT Appointed: 2017, Occupation: Chief Financial Officer

SAM PARRETT Appointed: 2017, Occupation: Principal, Other trusteeship: THE EDUCATION AND TRAINING FOUNDATION,

Legal constitution

Charitable company registered in England & Wales on 16/01/1984, number: 288465
Registered at Companies House on 22/08/1983, number: 01747251

Gift Aid

NOT registered with HMRC for Gift Aid

Other Regulators

Ofsted (Office For Standards In Education)

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

20 returns made; AR19: 26 days late, AR18: 25 days late, AR15: 24 days late, AR06: 2 days late,

Main office

Greenwich Park Centre
King George Street
London
SE10 8QB

Objectives

TO PROMOTE THE ADVANCEMENT OF EDUCATION OF MEMBERS OF THE PUBLIC WHO THROUGH THEIR SOCIAL AND ECONOMIC CIRCUMSTANCES ARE IN NEED AND UNABLE TO GAIN EMPLOYMENT OR WHO ARE IN EMPLOYMENT BUT REQUIRE FURTHER TRAINING TO WORK SATISFACTORY IN THIS EMPLOYMENT, BY THE PROVISION OF TRAINING FACILITIES WHICH WILL ENABLE SUCH PERSONS TO ACQUIRE AND DEVELOP VOCATIONAL SKILLS.

Defined Area of Benefit:

NOT DEFINED

Data Sources