Finance Score: -8

Governance Score: 5

Support Score: 7

Excess reserves: -5
Pension deficit: -1
Spending falling: -1
but now stabilising: +1
Multiple Deficits and declines: -5
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3
Mainly male board: -1

Grant maker support: +7

Overall GiG Score: 4

THE EXTRACARE CHARITABLE TRUST

To provide accommodation, an active lifestyle and an independent, safe and secure future for older people in need of a stimulating and supportive environment through the development and operation of a network of inspirational communities in supported housing schemes and retirement villages.

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 dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board is predominantly male

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £305,160,000 available, equivalent to 54 months of spending and so may not be able to utilise additional funding
There is a pension deficit of £6,613,000
Spending has fallen significantly over the last 5 years relative to the previous period but has stabilised more recently
Income has been volatile and on several occasions in recent years less than spending

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
31/03/23		£53,911	£67,195	£-13,284	£1,087	£311,583	£305,160	54.5	1,238	2,071
31/03/22		£47,524	£53,850	£-6,326	£993	£282,922	£276,448	61.6	1,312	2,100
31/03/21		£41,684	£49,381	£-7,697	£397	£265,674	£259,072	63	1,293	2,231
31/03/20		£44,188	£51,703	£-7,515	£4,242	£247,291	£240,685	55.9	1,307	2,169
31/03/19		£124,815	£112,236	£12,579	£69	£73,024	£63,244	6.8	1,289	2,253
31/03/18		£95,477	£85,240	£10,237	£3,452	£60,445	£51,169	7.2	1,592	0
31/03/17		£82,624	£79,310	£3,314	£3,790	£50,707	£41,531	6.3	1,679	0
31/03/16	*	£82,624	£77,077	£5,547	£3,497	£43,445	£34,743	5.4	1,902	0
31/03/15		£56,638	£55,064	£1,574	£3,633	£45,731	£37,040	8.1	1,090	0
31/03/14		£68,901	£63,335	£5,566	£3,930	£44,157	£35,457	6.7	1,089	0
31/03/13		£58,466	£55,965	£2,501	£3,938	£38,592	£30,130	6.5	981	0
31/03/12		£55,442	£51,707	£3,735	£7,755	£58,904	£29,975	7	963	0
31/03/11		£60,726	£48,617	£12,109	£4,226	£55,169	£29,104	7.2	1,017	0
31/03/10		£74,304	£66,152	£8,152	£4,237	£43,060	£22,097	4	938	0
31/03/09		£31,850	£35,095	£-3,245	£3,627	£34,925	£22,037	7.5	1,375	0
31/03/08		£31,054	£25,973	£5,081	£3,465	£38,170	£24,842	11.5	1,267	0
31/03/07		£27,205	£23,336	£3,869	£3,013	£32,460	£20,110	10.3	1,139	0
31/03/06		£23,016	£21,493	£1,523	£0	£0	£0	n/a	0	0
31/03/05		£49,746	£47,483	£2,263	£0	£0	£0	n/a	0	0
31/03/04		£29,507	£27,621	£1,886	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 2.1%
Fundraising Costs/Total Spending: 1.6%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 68%
Liabilities/Income: 1255%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 54.5 months
Net Current Assets/Spending: -82 months
Quick Ratio: 0

Asset Split ?

Established: 36 years

www.extracare.org.uk

privacy@extracare.org.uk

02476506011

Charity Commission for England and Wales

Tweets

Listed activities

Accommodation/Housing
The Advancement Of Health Or Saving Of Lives

GiG Classification

Other facilities management and maintenance

How it operates

Provides buildings/facilities/open space
Provides services
Sponsors or undertakes research

Where it operates

Throughout England,

Who it helps

Elderly/Old People

Who works here?

1,238 employees
2,071 volunteers

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 Work and Pensions - EXTRACARE CHARITABLE TRUST
£96,277	01/04/2022	The Kickstart Scheme provides funding to employers to create jobs for 16 to 24 year olds on Universal Credit.
Ministry for Housing, Communities and Local Government - AFFORDABLE HOUSING GRANT
£640,250	01/04/2020	The Affordable Homes Programme provides grant funding to registered providers to support the delivery of affordable housing.
National Lottery Community Fund - Confronting Loneliness
£98,049	19/02/2019 36	This funding will help the group to build on its supported living activities for older people living in housing villages and schemes. Volunteer activity buddies will be trained to befriend residents, ....more This funding will help the group to build on its supported living activities for older people living in housing villages and schemes. Volunteer activity buddies will be trained to befriend residents, helping to reduce isolation and loneliness. They will identify their buddy's interests and support them to groups and events to meet new people and learn new skills.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (12)

Current Trustees appointed

Gender Split

Age Range of Trustees: 37-71

ADRIAN EGGINGTON Appointed: 2020, Occupation: Deputy Chief Executive

GARY SWABEL Appointed: 2023, Occupation: Company Director

GEMMA DE BRITO Appointed: 2024

HARPAL SINGH BAINES Appointed: 2021, Occupation: Social Care Director

JANET PATRICIA HOULIS Appointed: 2023, Occupation: Management Consultant

KIM WOOTTON Appointed: 2021, Occupation: Operations Director

NICHOLAS TOWE Appointed: 2024, Occupation: Director

RICHARD BYRNE Appointed: 2021, Occupation: Health And Safety Director

MARK ANDREW RICHARD CHAMBERLAIN Appointed: 2023, Occupation: Business Manager, Other trusteeship: WEST LONDON HOCKEY CHARITABLE FOUNDATION,

RICHARD CLARKE Appointed: 2018, Occupation: Consultant

ANDREW IAN HARDY Appointed: 2021, Occupation: Director, Other trusteeship: THE ALBANY THEATRE TRUST,

NICHOLAS BALDWIN Appointed: 2020, Occupation: Non-Executive Director, Other trusteeships: OUTREACH 3 WAY, DIMENSIONS CYMRU LIMITED,

Legal constitution

Charitable company registered in England & Wales on 31/05/1988, number: 327816
Registered at Companies House on 11/12/1987, number: 02205136

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Care Quality Commission
Homes England

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
Investing charity funds 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
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; AR16: 0 days late,

Main office

7 HARRY WESTON ROAD
BINLEY BUSINESS PARK
BINLEY
COVENTRY
CV3 2SN

Objectives

THE OBJECTS OF THE COMPANY SHALL BE TO CARRY ON: (A) THE BUSINESS OF PROVIDING (DIRECTLY OR INDIRECTLY) AND MANAGING THE PROVISION OF: (I) HOUSING, SOCIAL HOUSING AND OTHER ACCOMMODATION (INCLUDING, WITHOUT LIMITATION, NURSING HOMES, SHELTERED HOMES, HOSTELS AND CARE HOMES), AND (II) ASSISTANCE TO HELP HOUSE PEOPLE, AND (III) ASSOCIATED FACILITIES AND AMENITIES OR SERVICES, FOR PEOPLE WHO ARE POOR, OR FOR PEOPLE WHO ARE IN NEED BY REASON OF THEIR AGE, PHYSICAL DISABILITY, MENTAL DISABILITY, LEARNING DISABILITY, MENTAL ILLNESS OR CHRONIC SICKNESS. (B) THE PROVISION OF CARE, WELFARE, MEDICAL, NURSING, COMMUNITY AND OTHER SERVICES, AND ASSOCIATED FACILITIES AND AMENITIES, FOR PEOPLE WHO ARE POOR, OR FOR PEOPLE WHO ARE IN NEED BY REASON OF THEIR AGE, PHYSICAL DISABILITY, MENTAL DISABILITY, LEARNING DISABILITY, MENTAL ILLNESS OR CHRONIC SICKNESS. (C) THE RELIEF OF SICKNESS AND THE PRESERVATION AND PROMOTION OF HEALTH OF PEOPLE WHO ARE POOR, OR OF PEOPLE WHO ARE IN NEED BY REASON OF THEIR AGE, PHYSICAL DISABILITY, MENTAL DISABILITY, LEARNING DISABILITY, MENTAL ILLNESS OR CHRONIC SICKNESS. (D) THE RELIEF OF FINANCIAL HARDSHIP AMONGST ELDERLY PEOPLE. (E) ANY OTHER CHARITABLE OBJECT NOT PROHIBITED FOR A COMPANY REGISTERED WITH THE REGULATOR AS A NON-PROFIT PRIVATE REGISTERED PROVIDER.

Defined Area of Benefit:

NOT DEFINED

Data Sources