Finance Score: 1

Governance Score: 2

Support Score: 0

Liabilities <10%: +3
Excess reserves: -2
Accounts filed more than 5 days late: -3 times
Fundraising costs low: +3

Only 4 Trustees: -1
Good trustee age range: +3

No supporters identified

Overall GiG Score: 3

STEP FORWARD (TOWER HAMLETS)

We aim to improve the quality of the lives of children and young people aged 11-25 who are affected by poverty and disadvantage to support them to make realistic and long-term changes. We provide an innovative range of services to young people from all communities including free, independent and confidential information, counselling and personal development activities.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

There are only 4 trustees

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £1,360,047 available, equivalent to 26 months of spending and so may not be able to utilise additional funding
Accounts have been filed late on 3 occasions over the last 5 years and the current period appears to have been extended

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	*	£810	£624	£186	£1	£1,488	£1,360	26.2	16	15
31/03/22	*	£743	£599	£144	£0	£1,302	£1,093	21.9	12	13
31/03/21	*	£706	£555	£151	£0	£1,158	£1,025	22.2	12	6
31/03/20		£541	£556	£-15	£0	£1,008	£974	21	13	8
31/03/19		£542	£499	£44	£1	£1,022	£992	23.9	13	15
31/03/18		£616	£561	£55	£4	£979	£978	20.9	12	0
31/03/17		£649	£463	£186	£3	£924	£924	23.9	13	0
31/03/16		£480	£356	£124	£0	£0	£0	n/a	0	0
31/03/15		£371	£272	£99	£0	£0	£0	n/a	0	0
31/03/14		£204	£228	£-24	£0	£0	£0	n/a	0	0
31/03/13		£245	£225	£20	£0	£0	£0	n/a	0	0
31/03/12		£244	£238	£6	£0	£0	£0	n/a	0	0
31/03/11		£292	£300	£-8	£0	£0	£0	n/a	0	0
31/03/10		£279	£290	£-11	£0	£0	£0	n/a	0	0
31/03/09	*	£353	£295	£58	£0	£0	£0	n/a	0	0
31/03/08	*	£304	£263	£41	£0	£0	£0	n/a	0	0
31/03/07		£249	£241	£8	£0	£0	£0	n/a	0	0
31/03/06		£277	£286	£-8	£0	£0	£0	n/a	0	0
31/03/05	*	£271	£256	£15	£0	£0	£0	n/a	0	0
31/03/04	*	£257	£242	£14	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.1%
Fundraising Costs/Total Spending: 0.1%
Highest pay band: Less than £60,000
Liabilities/Assets: 7%
Liabilities/Income: 14%
Unrestricted Funds/Total Funds: 91%
Reserves/Spending: 26.2 months
Net Current Assets/Spending: 22 months
Quick Ratio: 6.3

Asset Split ?

Established: 34 years

www.step-forward.org

info@step-forward.org

07958614360

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training
General Charitable Purposes
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Other specialist outpatient services

How it operates

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

Where it operates

Tower Hamlets,

Who it helps

Children/Young People

Who works here?

16 employees
15 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (4)

Current Trustees appointed

Age Range of Trustees: 31-79

HUSSEIN ALI Appointed: 2020, Occupation: Contract Manager

BOLADE KERR Appointed: 2020, Occupation: Civil Servant, Other trusteeship: HOPE CHURCH NEWHAM,

NAOMI SIAN GAFFNEY Appointed: 2018, Occupation: Lawyer

DENNIS TWOMEY Appointed: 2004, Occupation: Retired, Other trusteeship: LIMEHOUSE PROJECT LTD,

Legal constitution

Charitable company registered in England & Wales on 15/01/1990, number: 802597
Registered at Companies House on 08/11/1989, number: 02441231

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
Trustee conflicts of interest policy and procedures
Volunteer management

Filing Record

20 returns made; AR23: 56 days late, AR22: 59 days late, AR21: 59 days late, AR09: 17 days late, AR08: 18 days late, AR05: 2 days late, AR04: 1 days late,

Main office

STEP FORWARD
234 BETHNAL GREEN ROAD
LONDON
E2 0AA

Objectives

(I) TO PROMOTE THE RELIEF OF SUFFERING CAUSED BY MENTAL OR PHYSICAL ILL HEALTH, OR BY SOCIAL OR ECONOMIC CIRCUMSTANCES AMONG YOUNG PEOPLE IN TOWER HAMLETS AND THE SURROUNDING AREA, BY ESTABLISHING, MAINTAINING AND DEVELOPING A MULTI-CULTURAL COUNSELLING SERVICE IN TOWER HAMLETS FOR THE GIVING OF INDIVIDUAL OR GROUP INFORMATION, ADVICE AND COUNSELLING TO ALL YOUNG PEOPLE REGARDLESS OF SEX, DISABILITY, ETHNIC ORIGIN, SEXUAL ORIENTATION OR RELIGIOUS OR POLITICAL AFFILIATION. (II) TO OPEN AND MAINTAIN A CENTRE OR CENTRES WHERE YOUNG PEOPLE ARE WELCOME TO CALL IN OR TELEPHONE.

Defined Area of Benefit:

LONDON BOROUGH OF TOWER HAMLETS

Data Sources