Finance Score: -1
Governance Score: 9
Support Score: 12
  • Low unrestricted reserves: -2
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Overall weighted support: +12
Overall GiG Score: 20 ?

THE CHARITY FINANCE GROUP

The Charity Finance Group aims to provide information, training, conferences and networking opportunities to finance professionals in the voluntary sector. To lobby and campaign and promote best practice on behalf of finance professionals in the sector.
Analysis by Giving is Great

Positives:

  • The charity has received backing from multiple prominent grant makers recently
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Over half the Board have joined recently

Financial issues to consider:

  • Unrestricted reserves appear to be dangerously low at the latest year end
  • On several occasions in recent years income has been less than spending

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£1,515£1,519£-4£37£270£2702.1189
31/03/22£1,278£1,365£-87£28£274£2672.3209
31/03/21£1,240£1,399£-159£47£361£3272.8228
31/03/20£1,676£1,880£-204£82£520£5133.32210
31/03/19£1,796£1,771£25£78£724£7124.82217
31/03/18£1,776£1,811£-34£73£699£6864.5220
31/03/17£1,871£1,816£56£68£734£6844.5220
31/03/16£2,013£1,656£357£76£678£5504200
31/03/15£1,806£1,561£245£146£336£3222.5170
31/03/14£1,690£1,850£-161£143£91£910.6170
31/03/13£1,556£1,632£-76£123£252£2521.8180
31/03/12£1,553£1,523£31£122£327£3272.6150
31/03/11£1,306£1,342£-36£116£297£2972.7150
31/03/10*£1,248£1,265£-17£106£332£3323.2130
31/03/09£1,179£1,205£-26£116£349£3493.5120
31/03/08£1,062£973£89£89£376£3764.6110
31/03/07£861£830£31£110£287£2854.1100
31/03/06£770£692£78n/an/an/an/an/an/a
31/03/05£602£590£12n/an/an/an/an/an/a
31/03/04£508£683£-175n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 2.7%
Fundraising Costs/Total Spending: 2.5%
Senior Staff Costs/Total Spending: 14%
Highest pay band: £100,000-£110,000
Liabilities/Assets: 81%
Liabilities/Income: 75%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 2.1 months
Net Current Assets/Spending: 2 months
Quick Ratio: 0.6
Asset Split ?
Balance Sheet History
Established: 29 years

www.cfg.org.uk

mail@cfg.org.uk

07584609400

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Philanthropic intermediaries and volunteering
How it operates
  • Acts as an umbrella or resource body
Where it operates
  • Throughout England And Wales,
Who it helps
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups

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.

Major supporters in last 5 years
Paul Hamlyn Foundation£125,500
Esmee Fairbairn£47,000
Barrow Cadbury Trust£30,000
Pears Foundation£30,000
Garfield Weston Foundation£30,000
Specific Donations
Amount When
Months
To be used for
J J Charitable Trust - To develop the Charity Investment Governance Principles
£7,667 12/10/2023
To develop the Charity Investment Governance Principles
Mark Leonard Trust - To develop the Charity Investment Governance Principles
£7,667 12/10/2023
To develop the Charity Investment Governance Principles
Esmee Fairbairn - Grant to Charity Finance Group
£25,000 22/03/2023
Towards core costs for dedicated CSG comms resource so strengthen the collaboration of infrastructure
Esmee Fairbairn - Grant to Charity Finance Group
£2,000 06/02/2023
Towards unrestricted core costs as a Cost of Living Uplift
Paul Hamlyn Foundation - Backbone grants 2018/19 - supporting a thriving civil society
£3,000 18/01/2023
CFG is a membership organisation, inspiring a financially confident, dynamic and trustworthy charity sector. At a challenging time for charity funding, CFG acts as a voice for the charity sector, advocating for a better operating environment for the ....more
Paul Hamlyn Foundation - Backbone grants 2022-23: Supporting a thriving civil society
£70,000 06/12/2022
Charity Finance Group (CFG) exists to develop a financially confident, dynamic and trustworthy charity sector. They do this by championing best practice, nurturing leadership and influencing policy makers. Through improving their financial ....more
Paul Hamlyn Foundation - Civil Society Group Communication resource
£12,500 22/11/2022
Charity Finance Group (CFG) is a membership organisation that aims to support a financially confident, dynamic and trustworthy charity sector. CFG acts as a voice for the charity sector, advocating for a better operating environment. This grant will ....more
Esmee Fairbairn - Grant to Charity Finance Group
£20,000 23/03/2022
12
Towards unrestricted core costs towards stabilising the business model
Barrow Cadbury Trust - Charity Finance Group emergency grant
£30,000 12/01/2022
To support CFG until it can rebuild its income streams.
Paul Hamlyn Foundation - Covid-19 Emergency Funding
£20,000 24/11/2021
3
Charity Finance Group (CFG) is a membership organisation that aims to support a financially confident, dynamic and trustworthy charity sector. CFG acts as a voice for the charity sector, advocating for a better operating environment for the ....more
Pears Foundation - Grant to Charity Finance Group
£30,000 22/11/2021
Core Funding
Garfield Weston Foundation - Main Grants award
£30,000 25/09/2020
CFG Membership Bursary Programme
Paul Hamlyn Foundation - COVID19 Emergency Funding
£20,000 04/06/2020
3
Support to aid the organisation in dealing with the challenges posed by COVID19.
Paul Hamlyn Foundation - Backbone grants 2018/19 - supporting a thriving civil society
£150,000 21/09/2018
60
CFG is a membership organisation, inspiring a financially confident, dynamic and trustworthy charity sector. At a challenging time for charity funding, CFG acts as a voice for the charity sector, advocating for a better operating environment for the ....more
Esmee Fairbairn - Grant to Charity Finance Group
£135,000 01/04/2015
18
Towards costs of a pilot programme to work with voluntary sector partners with the overall aim of building the financial capabilities of small, under-resourced charities.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split
Based on 7/8 persons

Age Range of Trustees: 31-58
  • ANGELA LINTON Appointed: 2022, Occupation: Charity Director
  • ANNA BENNETT Appointed: 2023, Occupation: Director Of Finance, It And Facilities
  • HUGH WALLACE Appointed: 2022, Occupation: Chief Information Officer
  • KELLY RYDER Appointed: 2021, Occupation: Head Of Finance
  • KEVIN MICHAEL O'BRIEN Appointed: 2018, Occupation: Finance Director
  • MWIZAKUNYUMA MKANDAWIRE Appointed: 2021, Occupation: Accountant
  • TIMOTHY NICHOLLS Appointed: 2022, Occupation: Charity Director
  • TONY WELLS Appointed: 2023, Occupation: Director Of Finance & Resources
Legal constitution
  • Charitable company registered in England & Wales on 25/04/1996, number: 1054914
  • Registered at Companies House on 29/03/1996, number: 03182826
Gift Aid
  • Registered with HMRC for Gift Aid
Fundraising Regulator
First registered: 10/12/2020, current status: Small charity
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
  • 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; AR10: 2 days late,
Main office

7-14 GREAT DOVER STREET
LONDON
SE1 4YR

Objectives

THE GROUP'S OBJECTS (THE OBJECTS) ARE FOR THE BENEFIT OF THE PUBLIC TO: 2.1 ADVANCE EDUCATION IN PUBLIC BENEFIT ORGANISATIONS; 2.2 PROMOTE THE EFFICIENCY AND EFFECTIVENESS (INCLUDING FINANCIAL MANAGEMENT) OF PUBLIC BENEFIT ORGANISATIONS AND IN PARTICULAR BY: (A) UNDERTAKING RESEARCH TO IDENTIFY NEEDS AND ESTABLISHING PROJECTS OR POLICIES TO ADDRESS THOSE NEEDS; (B) PROVIDING TRAINING, CONFERENCES AND SEMINARS; (C) BUILDING THE CAPACITY OF (INCLUDING THE EFFECTIVE USE OF RESOURCES) AND ENABLING THE EXCHANGE OF INFORMATION AND BEST PRACTICE AMONGST FINANCE ADVISERS AND PUBLIC BENEFIT ORGANISATIONS; (D) THE PROVISION OF A PRO-ACTIVE AND ACCESSIBLE SERVICE OFFERING PRACTICAL HELP, ADVICE AND SUPPORT; (E) ACTING AS A REPRESENTATIVE AND INTERMEDIARY FOR PUBLIC BENEFIT ORGANISATIONS, INCLUDING IN RELATION TO GOVERNMENT AND OTHER AGENCIES AND BODIES; (F) PROVIDING INFORMATION TO THE PRESS AND THE PUBLIC IN RESPECT OF THE OPERATION OF OR PROBLEMS ENCOUNTERED BY PUBLIC BENEFIT ORGANISATIONS.? (PUBLIC BENEFIT ORGANISATIONS MEANS CHARITIES (INCLUDING THEIR WHOLLY OWNED SUBSIDIARIES), VOLUNTARY ORGANISATIONS, CO-OPERATIVES, MUTUALS AND OTHER FORMS OF SOCIAL ENTERPRISES ESTABLISHED FOR PUBLIC AND COMMUNITY BENEFIT).

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving
Charizone

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