Finance Score: -4

Governance Score: 0

Support Score: 0

Large legacies income: +1
Multiple Deficits: -2
Fundraising costs high: -3

Large volunteer base +3

Overall GiG Score: -1

BRACE

BRACE RAISES FUNDS TO SUPPORT RESEARCH INTO DEMENTIA, PARTICULARLY ALZHEIMER'S DISEASE. IT DOES NOT DISTRIBUTE FUNDS TO INDIVIDUAL MEMBERS OF THE PUBLIC.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received modest backing from a grant maker
This charity has received considerable income from legacies in recent years

Regulatory & Governance issues to consider:

This charity uses a corporate trustee

Financial issues to consider:

On several occasions in recent years income has been 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 £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/23	£918	£859	£60	£294	£742	£698	9.8	9	214
31/12/22	£905	£764	£140	£202	£682	£643	10.1	8	31
31/12/21	£415	£489	£-75	n/a	n/a	n/a	n/a	n/a	n/a
31/12/20	£714	£577	£137	£185	£617	£589	12.3	6	20
31/12/19	£634	£854	£-221	£196	£479	£445	6.3	7	50
31/12/18	£907	£805	£102	£210	£700	£488	7.3	6	0
31/12/17	£847	£952	£-104	£208	£598	£501	6.3	6	0
31/12/16	£779	£979	£-199	£191	£702	£587	7.2	4	0
31/12/15	£582	£1,051	£-469	£190	£854	£800	9.1	4	0
31/12/14	£904	£917	£-14	£145	£1,351	£1,254	16.4	3	0
31/12/13	£817	£669	£147	£168	£1,311	£1,291	23.1	3	0
31/12/12	£2,064	£2,217	£-153	£160	£1,137	£1,114	6	3	0
31/12/11	£816	£475	£341	£155	£1,227	£1,217	30.7	3	0
31/12/10	£474	£279	£195	n/a	n/a	n/a	n/a	n/a	n/a
31/12/09	£557	£357	£200	£133	£812	£806	27.1	3	0
31/12/08	£296	£524	£-228	n/a	n/a	n/a	n/a	n/a	n/a
31/12/07	£443	£497	£-54	n/a	n/a	n/a	n/a	n/a	n/a
31/12/06	£593	£363	£230	n/a	n/a	n/a	n/a	n/a	n/a
31/12/05	£254	£336	£-82	n/a	n/a	n/a	n/a	n/a	n/a
31/12/04	£542	£310	£232	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 33.5%
Fundraising Costs/Total Spending: 34.2%
Highest pay band: Less than £60,000
Liabilities/Assets: 58%
Liabilities/Income: 113%
Unrestricted Funds/Total Funds: 94%
Reserves/Spending: 9.8 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.5

Asset Split ?

Balance Sheet History

Established: 37 years

www.alzheimers-brace.org

enquiries@alzheimers-brace.org

01174144831

Charity Commission for England and Wales

Tweets

Listed activities

The Advancement Of Health Or Saving Of Lives

GiG Classification

Scientific research and testing services

How it operates

Makes grants to organisations
Sponsors or undertakes research

Where it operates

Bath And North East Somerset, Bristol City, Cardiff, City Of Swansea, Devon, Gloucestershire, North Somerset, Somerset, South Gloucestershire, Wiltshire,

Who it helps

Elderly/Old People
The General Public/Mankind

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.

Specific Donations

Amount	When Months	To be used for
Quartet Community Foundation - Grant to BRACE
£500	21/11/2022	Grant to BRACE

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (1)

BRACE Trustee Ltd

Legal constitution

Charity registered in England & Wales on 15/12/1987, number: 297965

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
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
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
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; all on time

Main office

The BRACE Charity Office
Elgar House
Southmead Hospital
Bristol
BS10 5NB

Objectives

TO RELIEVE SICKNESS AND PRESERVE HEALTH FOR THE PUBLIC BENEFIT BY FINANCING RESEARCH INTO THE DEMENTIA RANGE OF DISEASES AND CONDITIONS (INCLUDING BUT NOT LIMITED TO ALZHEIMER’S DISEASE) AND PUBLISHING THE USEFUL RESULTS THEREOF AND TO ADVANCE THE EDUCATION OF THE PUBLIC IN ALL AREAS RELATING TO THOSE DISEASES AND CONDITIONS.

Defined Area of Benefit:

NOT DEFINED

Data Sources

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