Finance Score: -1

Governance Score: -6

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Large legacies income: +1

Only 4 Trustees: -1
Very static board: -5

No supporters identified

Overall GiG Score: -7

THE MICHAEL BISHOP FOUNDATION

To assist such charitable institutions or charitable purposes as the trustees shall in their absolute discretion think fit.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
This charity has received considerable income from legacies in recent years

Regulatory & Governance issues to consider:

There are only 4 trustees
The Board composition appears to be very static

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £45,083,115 available, equivalent to 210 months of spending and so may not be able to utilise additional funding

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
05/04/23		£3,212	£2,574	£638	£0	£45,083	£45,083	210.2	1
05/04/22		£2,129	£3,412	£-1,283	£0	£45,400	£45,400	159.7	1
05/04/21		£3,855	£4,209	£-354	£0	£42,616	£42,616	121.5	1
05/04/20		£3,415	£1,990	£1,426	£0	£33,274	£33,274	200.7	0
05/04/19		£3,537	£2,321	£1,216	£0	£34,603	£34,603	178.9	0
05/04/18		£3,425	£3,018	£407	£0	£31,345	£31,345	124.7	0
05/04/17		£3,175	£3,660	£-486	£0	£30,056	£30,056	98.5	0
05/04/16		£3,160	£1,339	£1,821	£0	£26,953	£26,953	241.6	0
05/04/15		£4,093	£893	£3,200	£18	£24,994	£24,994	335.8	0
05/04/14		£742	£1,663	£-921	£14	£20,363	£20,363	147	0
05/04/13		£547	£538	£9	£24	£20,857	£20,857	465.3	0
05/04/12		£430	£2,805	£-2,375	£0	£0	£0	n/a	0
05/04/11		£19,325	£1,142	£18,182	£20	£20,811	£20,811	218.6	0
05/04/10		£200	£233	£-34	£0	£0	£0	n/a	0
05/04/09	*	£98	£238	£-140	£0	£0	£0	n/a	0
05/04/08	*	£106	£281	£-175	£0	£0	£0	n/a	0
05/04/07	*	£101	£274	£-172	£0	£0	£0	n/a	0
05/04/06	*	£90	£211	£-121	£0	£0	£0	n/a	0
06/04/05	*	£96	£194	£-98	£0	£0	£0	n/a	0
05/04/04	*	£90	£152	£-61	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 12.9%
Fundraising Costs/Total Spending: 13.2%
Highest pay band: Less than £60,000
Liabilities/Assets: 6%
Liabilities/Income: 94%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 210.2 months
Net Current Assets/Spending: 217 months
Quick Ratio: 0.8

Asset Split ?

Established: 37 years

https://michaelbishopfoundation.org

jo.furlong@btconnect.com

01530564388

Charity Commission for England and Wales

Listed activities

Amateur Sport
Arts/Culture/Heritage/Science
Disability
Education/Training
General Charitable Purposes
Human Rights/Religious Or Racial Harmony/Equality Or Diversity
Other Charitable Purposes
The Advancement Of Health Or Saving Of Lives

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Organisations
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies
Other Defined Groups
People With Disabilities

Who works here?

1 employee

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (4)

Current Trustees appointed

BARON GLENDONBROOK OF BOWDON CBE (Chair) Appointed: 1987

MARTIN PETER RITCHIE Appointed: 2013

TIMOTHY JOHN BYE Appointed: 2015

GRAHAME NICHOLAS ELLIOTT CBE Appointed: 1987, Other trusteeships: THE MANCHESTER HIGH SCHOOL FOR GIRLS GENERAL CHARITABLE TRUST, HALE ST PETER CENTENARY TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER HALE, HALE COMMUNITY TRUST,

Legal constitution

Charity registered in England & Wales on 09/10/1987, number: 297627

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

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
Risk management

Filing Record

20 returns made; AR09: 188 days late, AR08: 1 days late, AR07: 322 days late, AR06: 143 days late, AR05: 10 days late, AR04: 70 days late,

Main office

STAUNTON HOUSE
ASHBY-DE-LA-ZOUCHE
LEICESTERSHIRE
LE65 1RW

Objectives

TO APPLY INCOME OR CAPITAL FOR THE BENEFIT OF ANY ONE OR MORE QUALIFIED CHARITY DEFINED AS ANY PURPOSE BODY ORGANISATION OR OBJECT IN ANY PART OF THE WORLD WHICH UNDER THE LAW OF ENGLAND SHALL BE RECOGNISED AS EXCLUSIVELY CHARITABLE PROVIDED THAT NO EXCLUDED PERSON SHALL BE CAPABLE OF BECOMING A QUALIFIED CHARITY OTHERWISE THAN AS A TRUSTEE FOR CHARITABLE PURPOSES.

Defined Area of Benefit:

NOT DEFINED

Data Sources