Finance Score: -5

Governance Score: 5

Support Score: 0

Positive trading contribution: +2;Multiple Deficits: -2
Fundraising costs high: -5

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

No supporters identified

Overall GiG Score: 0

THE ELECTRICAL INDUSTRIES CHARITY LIMITED

THE ELECTRICAL INDUSTRIES CHARITY IS ESTABLISHED TO PROVIDE SUPPORT SERVICES AND WELFARE CARE PROGRAMMES FOR INDIVIDUALS AND FAMILIES CONNECTED WITH THE ELECTRICAL,ELECTRONICS AND ENERGY INDUSTRIES (AND ALLIED INDUSTRIES) SO AS TO RELIEVE AND PREVENT NEED AND POVERTY.

Analysis by Giving is Great

Positives:

More than half of total income was derived from trading and fees in the latest year
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
Over half the Board have joined recently

Financial issues to consider:

Liquidity appeared to be in excess of CC guidelines at the latest year end but spending has been increasing rapidly
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
31/03/23		£2,732	£2,753	£-21	£1,438	£4,547	£4,392	19.1	13	151
31/03/22		£1,901	£1,111	£790	£383	£4,638	£4,638	50.1	9	151
31/03/21		£1,901	£1,111	£790	£383	£4,638	£4,638	50.1	9	151
31/03/20		£2,094	£2,584	£-490	£1,140	£3,848	£3,848	17.9	12	164
31/03/19		£1,953	£2,839	£-886	£1,221	£4,621	£3,863	16.3	11	163
31/03/18		£1,918	£2,394	£-476	£1,229	£5,465	£4,574	22.9	11	0
31/03/17		£1,824	£2,311	£-487	£1,277	£5,949	£5,086	26.4	10	0
31/03/16		£1,776	£2,076	£-300	£1,316	£5,774	£4,982	28.8	7	0
31/03/15		£1,702	£1,764	£-62	£1,199	£6,265	£5,453	37.1	10	0
31/03/14	*	£1,588	£1,759	£-171	£1,147	£5,960	£5,241	35.8	10	0
31/03/13		£1,664	£1,575	£89	£1,016	£5,922	£5,192	39.6	9	0
31/03/12		£2,407	£1,781	£626	£1,115	£5,374	£4,602	31	9	0
31/03/11		£1,587	£1,666	£-79	£763	£4,766	£4,526	32.6	14	0
31/03/10?		£2,001	£2,043	£-42	£1,051	£4,112	£3,984	23.4	16	0
31/12/08		£2,074	£1,924	£150	£986	£3,769	£3,705	23.1	18	0
31/12/07		£2,149	£1,930	£219	£1,022	£4,363	£4,291	26.7	19	0
31/12/06		£1,826	£1,801	£25	n/a	n/a	n/a	n/a	n/a	n/a
31/12/05		£1,744	£1,934	£-190	n/a	n/a	n/a	n/a	n/a	n/a
31/12/04		£1,658	£1,966	£-308	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 175.6%
Fundraising Costs/Total Spending: 53.3%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £120,000-£130,000
Liabilities/Assets: 13%
Liabilities/Income: 24%
Unrestricted Funds/Total Funds: 97%
Reserves/Spending: 19.1 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.1

Asset Split ?

Balance Sheet History

Established: 32 years

www.electricalcharity.org

support@electricalcharity.org

07880186706

Charity Commission for England and Wales

Tweets

Listed activities

Disability
General Charitable Purposes
The Prevention Or Relief Of Poverty

GiG Classification

Other welfare services

How it operates

Makes grants to individuals
Provides advocacy/advice/information
Provides services

Where it operates

Northern Ireland, Scotland,

Who it helps

Children/Young People
Elderly/Old People
People With Disabilities

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (12)

Current Trustees appointed

Gender Split

Age Range of Trustees: 35-66

ALISON CHAPPELL Appointed: 2023, Occupation: Director

ANDREW REAKES Appointed: 2023, Occupation: Director

DAVID FIELDER Appointed: 2023, Occupation: Director

DAVID GARDINER Appointed: 2014, Occupation: Actuary

DAVID MACDONALD Appointed: 2023, Occupation: Director

DAVID POWNALL Appointed: 2023, Occupation: Director

GARETH FIELDER Appointed: 2023, Occupation: Director

JEREMY PETER SAUNDERS Appointed: 2020, Occupation: Company Director

MARCUS LEEK Appointed: 2023, Occupation: Director

NEAL HOOPER Appointed: 2019, Occupation: Managing Director

STEWART GREGORY (Chair) Appointed: 2008, Occupation: Director

SAMANTHA MCFALL Appointed: 2023, Occupation: Director

Legal constitution

Charitable company registered in England & Wales on 24/06/1992, number: 1012131
Registered at Companies House on 19/06/1992, number: 02726030

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Financial Conduct Authority

Policies in force

Bullying and harassment 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
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

19 returns made; AR14: 1 days late,

Main office

Rotherwick House
3 Thomas More Street
LONDON
E1W1YZ

Objectives

THE OBJECT FOR WHICH THE ASSOCIATION IS ESTABLISHED IS TO RELIEVE POVERTY AND TO PROVIDE ASSISTANCE TO THOSE IN NEED, WHO ARE EITHER WORKING OR HAVE FORMERLY BEEN EMPLOYED IN THE ELECTRICAL AND ELECTRONICS INDUSTRIES, ALLIED INDUSTRIES AND SCIENCES AND MECHANICAL ENGINEERING WHERE THERE IS A DIRECT ASSOCIATION WITH THE ELECTRICAL INDUSTRIES AND OR THE DEPENDANTS OF SUCH PERSONS.

Defined Area of Benefit:

NOT DEFINED

Data Sources

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