Finance Score: 4

Governance Score: 1

Support Score: 5

Liabilities <10%: +3
Reasonable growth: +1

Narrow trustee age band: -2
Dynamic board: +3

Grant maker support: +5

Overall GiG Score: 10

MINIK KARDES LTD

To provide full time bi-lingual nursery education for children between 3 months to 5 years of age, whose parents are working, studying or disadvantaged. We also provide outreach service to Turkish speaking community, this includes children education, parents learning basic skills, parenting skills, translation and interpretation, set up workshops and seminars.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There has been reasonable growth in spending over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
A significant proportion of recent income was derived from major grant makers including the Government and there are significant future grants due to be received
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board has little diversity in terms of age

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
31/03/23		£1,654	£1,564	£89	£0	£1,811	£1,379	10.6	44
31/03/22		£1,651	£1,392	£259	£0	£1,721	£1,290	11.1	42
31/03/21		£1,568	£1,217	£351	£0	£1,462	£1,031	10.2	41
31/03/20	*	£1,266	£1,221	£45	£0	£1,111	£1,111	10.9	45
31/03/19		£1,264	£1,224	£40	£0	£1,066	£1,066	10.4	46
31/03/18		£712	£671	£41	£0	£1,026	£1,026	18.3	25
31/03/17		£666	£630	£36	£0	£985	£985	18.8	25
31/03/16		£628	£608	£20	£0	£949	£949	18.7	25
31/03/15		£632	£612	£20	£25	£929	£929	18.2	24
31/03/14	*	£719	£610	£110	£23	£909	£909	17.9	25
31/03/13	*	£651	£580	£72	£21	£822	£822	17	30
31/03/12		£580	£526	£54	£9	£771	£362	8.3	26
31/03/11		£556	£526	£30	£8	£726	£726	16.6	27
31/03/10		£496	£524	£-27	£0	£0	£0	n/a	0
31/03/09		£499	£466	£33	£0	£0	£0	n/a	0
31/03/08		£464	£387	£77	£0	£0	£0	n/a	0
31/03/07		£484	£378	£106	£0	£0	£0	n/a	0
31/03/06		£708	£691	£17	£0	£0	£0	n/a	0
31/03/05	*	£324	£302	£21	£0	£0	£0	n/a	0
31/03/04	*	£254	£239	£15	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 4%
Liabilities/Income: 5%
Unrestricted Funds/Total Funds: 76%
Reserves/Spending: 10.6 months
Net Current Assets/Spending: 11 months
Quick Ratio: 18.3

Asset Split ?

Established: 26 years
(28 years as a company)

info@minikkardes.org.uk

02079237226

Charity Commission for England and Wales

Listed activities

Education/Training

GiG Classification

Secondary schools

How it operates

Provides services

Where it operates

Throughout London,

Who it helps

Children/Young People
People Of A Particular Ethnic Or Racial Origin

Who works here?

44 employees

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
National Lottery Community Fund - Turkish and Kurdish speaking Family support project
£496,276	13/04/2023	This project will use funding to expand wraparound services into Haringey and Enfield. There will be increased violence against women and girls support working with high-risk cases and giving a more ....more This project will use funding to expand wraparound services into Haringey and Enfield. There will be increased violence against women and girls support working with high-risk cases and giving a more dedicated Turkish language service. Speech and language development for young children and support for parents with stress and anxiety will be provided through a 13 week programme in Haringey and Enfield with follow on support where necessary. Expansion of services will engage with Bulgarian Turkish communities through targeted outreach and improved accessibility.
City Bridge Trust - Grant to Minik Kardes limited
£10,000	21/05/2020	A grant of £10,000 to fund the essential and urgent costs outlined in the appliciation, so that the organisation can carry on providing support to Londoners.
National Lottery Community Fund - Improving and enhancing lives - Turkish and Kurdish community and fami
£495,984	29/08/2019 59	Improving and enhancing lives - Turkish and Kurdish community and fami
National Lottery Community Fund - chairs for children
£4,126	27/02/2019 12	The project aims to provide a facility for community events and activities.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

Age Range of Trustees: 36-50

FUNG WAH MAN Appointed: 2022, Occupation: Self Employed

PROFESSOR ELISA VAN WAEYENBERGE Appointed: 2023

SENEM ARSLAN Appointed: 2015, Occupation: Teaching Assistant

PAMELA DANIELS Appointed: 2013, Occupation: Creative Director

ABDUL KHADIR MEER (Chair) Appointed: 2013, Occupation: Nhs Manager, Other trusteeship: LONDON MIDDLE EAST INSTITUTE,

Legal constitution

Charitable company registered in England & Wales on 02/02/1998, number: 1067893
Registered at Companies House on 05/07/1995, number: 03076260

Gift Aid

NOT registered with HMRC for Gift Aid

Other Regulators

Ofsted (Office For Standards In Education)

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; AR20: 1 days late, AR14: 53 days late, AR13: 118 days late, AR05: 1 days late, AR04: 1 days late,

Main office

MINIK KARDES DAY NURSERY
53-55 BALLS POND ROAD
LONDON
N1 4BW

Objectives

(A) THE ADVANCEMENT OF EDUCATION FOR CHILDREN BELOW COMPULSORY SCHOOL AGE IN THE COMMUNITY BY THE PROVISION OF BILINGUAL EDUCATION;(B) THE ADVANCEMENT OF EDUCATION AMONGST SCHOOL AGE CHILDREN IN THE COMMUNITY BY THE PROVISION OF SUPPORT AND ASSISTANCE INCLUDING HOMEWORK CLUBS;(C) THE ADVANCEMENT OF EDUCATION AMONGST PARENTS AND CARERS FROM THE COMMUNITY BY THE PROVISION OF SEMINARS, WORKSHOPS AND COURSES IN LIFE SKILLS AND PARENTING SKILLS IN PARTICULAR BUT NOT EXCLUSIVELY, SO AS TO BETTER ENABLE THEM TO ASSIST IN THE EDUCATION AND SOCIAL DEVELOPMENT OF CHILDREN IN THEIR CARE.

Defined Area of Benefit:

HACKNEY, GREATER LONDON

Data Sources