Finance Score: -1
Governance Score: 5
Support Score: 4
  • Good reserves management: +3
  • Spending declining: -1
  • Volatile income: -3
  • Only 4 Trustees: -1
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Overall weighted support: +4
Overall GiG Score: 8 ?

RESOURCE FOR LONDON

The object of Resource for London is to benefit the public by the promotion and improvement of the efficiency and effectiveness of charitable organisations. Its principal activity is to operate a resource centre for charities, providing them with office accommodation, conference rooms, meeting rooms and other facilities at an affordable rent.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • Reserves management has been consistently within official guidelines

Regulatory & Governance issues to consider:

  • This charity only provides its support via other charities
  • Why are there only 4 trustees?

Financial issues to consider:

  • Spending is declining
  • Income has been volatile recently

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£1,052£837£216£0£705£5157.400
31/12/22£1,173£1,121£52£0£489£3013.200
31/12/21£796£711£85£0£438£4076.900
31/12/20£964£1,109£-145£0£352£3393.700
31/12/19£1,572£1,377£195£0£497£4884.300
31/12/18£1,424£1,240£183£0£302£2802.700
31/12/17£1,252£1,122£130£0£118£1051.100
31/12/16£1,250£1,115£135£0£-12£-44-0.500
31/12/15£1,213£1,104£109£3£-147£-226-2.500
31/12/14£1,180£1,023£157£5£-256£-362-4.300
31/12/13£842£931£-89£7£-413£-413-5.300
31/12/12£657£833£-176£14£-324£-324-4.700
31/12/11£702£963£-261£18£-148£-148-1.850
31/12/10£721£988£-268£16£113£1131.460
31/12/09£972£1,049£-78£15£381£3814.450
31/12/08£1,083£1,174£-91£18£459£4594.750
31/12/07£1,119£1,446£-327£13£550£5504.650
31/12/06£935£915£20n/an/an/an/an/an/a
31/12/05£955£893£61n/an/an/an/an/an/a
31/12/04£968£855£113n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 26%
Liabilities/Income: 24%
Unrestricted Funds/Total Funds: 73%
Reserves/Spending: 7.4 months
Net Current Assets/Spending: 4 months
Quick Ratio: 2.2
Asset Split ?
Balance Sheet History
Established: 32 years

www.resourceforlondon.org

info@resourceforlondon.org

02076066145

Charity Commission for England and WalesCompanies HouseFacebookX
Listed activities
  • General Charitable Purposes
GiG Classification
  • Other facilities management and maintenance
How it operates
  • Provides buildings/facilities/open space
Where it operates
  • Throughout London,
Who it helps
  • Other Charities Or Voluntary Bodies

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
City Bridge Trust - Grant to Resource for London
£195,000 26/11/2020
60
£195,000 over five years (£42,500; £38,500; £38,200; £37,500; £38,300) towards the Enhance Project, including the salary of a Networks and Partnerships Manager (1.2 dpw), marketing and communications, partner delivery costs, and other running ....more
National Lottery Community Fund - Enhance Response
£10,000 13/10/2020
6
The funding will be used to provide free online training resources and office spaces for black and minority ethnicity organisations. The project aims to equip organisations to build their capacity and strengthen their communities during the current ....more
Trust for London - Resource for London
£7,500 05/06/2019
12
The funding is for a specific initiative - the Journey to Justice exhibition and programme that is coming to Resource for London in April, May and June 2019. This celebrates the fight for civil rights both in the US and here in the UK.
Trust for London - Resource for London
£7,500 03/11/2017
12
The funding is supporting the Enhance project to provide accommodation to BAMER community groups across London
Trust for London - Resource for London
£7,500 03/11/2017
12
This funding is to fulfil a key part of RfL'smission i.e. our ability to work with start-up and new and emerging groups. Itwill offerspace to at least 20 small groups that will deliver services which impact upon more than 1,000 disadvantaged people ....more
Trust for London - Resource for London
£7,500 03/11/2017
12
The funding is to support the next year Enhance Space which will enable RfL to work with start-up and new and emerging groups. This is essential to fulfilling our ethos of inclusivity which is part of our wider vision to provide a resource that ....more
Trust for London - Resource for London
£7,500 03/11/2017
12
The funding is to support the work described above to continue, as current funding is coming to an end.
National Lottery Community Fund - The Community Agenda
£9,910 18/10/2017
12
This project will recruit and train volunteers to hold conferences to bring together members of the black, Asian, minority ethnic and refugee communities. The conferences will be an opportunity to consult, raise awareness and address a range of ....more
National Lottery Community Fund - Resource for Holloway
£10,000 18/06/2014
12
Not Available
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)
Current Trustees appointed
Gender Split

Age Range of Trustees: 31-78
  • DOUGLAS GUNN Appointed: 2024, Occupation: Director Of Social Investment
  • KEVIN PEASE Appointed: 2015, Occupation: Chartered Surveyor
  • LYNDA ANNE STEVENS (Chair) Appointed: 2014, Occupation: None
  • PANDORA HAYDON Appointed: 2021, Occupation: Advocacy Manager
Legal constitution
  • Charitable company registered in England & Wales on 23/11/1992, number: 1015305
  • Registered at Companies House on 10/01/1992, number: 02676631
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Risk management
  • Volunteer management
Filing Record
20 returns made; all on time
Main office

Trust for London
4 Chiswell Street
LONDON
EC1Y 4UP

Objectives

(I) FOR THE PROMOTION AND IMPROVEMENT OF THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES AND (II) THE PROMOTION OF THE VOLUNTARY SECTOR FOR THE PUBLIC BENEFIT BY THE PROVISION AND MANAGEMENT OF OFFICE ACCOMMODATION, CONFERENCE, TRAINING AND OTHER FACILITIES, SERVICES OR SUPPORT

Defined Area of Benefit:

NOT DEFINED, IN PRACTICE LONDON.

Data Sources

Charity Commission for England and Wales
360 Giving

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