Finance Score: -2
Governance Score: 9
Support Score: 7
  • Low unrestricted reserves: -2
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Overall weighted support: +7
Overall GiG Score: 14 ?

THE WORTH FOUNDATION LIMITED

Worth Unlimited is a national Christian charity and social enterprise which equips and supports people to harness their passions, gifts, skills and talents to be locally rooted enablers of hope and transformation.
Analysis by Giving is Great

Positives:

  • A significant proportion of recent income was derived from major grant makers
  • 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

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
31/08/23£818£889£-71£0£410£1942.626100
31/08/22£899£825£74£1£481£206326150
31/08/21£695£692£4£6£408£1312.333100
31/08/20£963£775£188£14£404£1201.93350
31/08/19£719£758£-39£0£216£1141.82572
31/08/18£670£738£-68£0£256£921.5230
31/08/17£803£698£105£0£323£971.7330
31/08/16£552£483£70£1£219£711.8280
31/08/15£440£469£-29n/an/an/an/an/an/a
31/08/14£528£533£-4£7£178£1032.3140
31/08/13£719£622£97£7£182£1012150
31/08/12£652£610£42£6£85£20180
31/08/11£846£850£-4£6£144£801.1200
31/08/10*£1,039£984£54£6£148£991.2220
31/08/09£770£901£-131£9£93£350.5270
31/08/08*£531£583£-53£4£224£831.7200
31/08/07£581£464£118£4£277£1303.4170
31/08/06?£260£213£46n/an/an/an/an/an/a
31/12/05£298£296£1n/an/an/an/an/an/a
31/12/04£260£238£21n/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: 7%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 47%
Reserves/Spending: 2.6 months
Net Current Assets/Spending: 5 months
Quick Ratio: 11.7
Asset Split ?
Balance Sheet History
Established: 27 years

www.worthunlimited.co.uk

info@worthunlimited.co.uk

02080905045

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Education/Training
  • General Charitable Purposes
  • Religious Activities
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Christian congregations
How it operates
  • Provides human resources
  • Provides services
Where it operates
  • Throughout England,
Who it helps
  • Children/Young People
  • People With Disabilities
  • The General Public/Mankind

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
National Lottery Community Fund£911,446
DCMS£98,000
BBC Children in Need£30,901
Co-Operative Group£1,698
Specific Donations
Amount When
Months
To be used for
National Lottery Community Fund - Worth Unlimited in Waltham Forest
£359,139 08/06/2023
Funding will be used to continue long-term work supporting young people in Waltham Forest - building supportive relationships and providing safe places and positive activities such as cooking drama and art workshops. The project aims to grow young ....more
National Lottery Community Fund - Spark Mental Health
£250,000 07/03/2023
This funding will enable The Worth Foundation to continue to provide free mental health services for young people in Epping Forest. The project aims to provide counselling and mentoring to improve mental wellbeing and build more resilient ....more
Co-Operative Group - Grant to Worth Unlimited Lowerhouses
£1,698 22/10/2022
We plan to pay Wendy to keep on helping children, young people and families through the youth club, Wrinklies group, cooking clubs/lessons and all the other brilliant activities she runs.
BBC Children in Need - Grant to The Worth Foundation Limited
£500 20/10/2022
0
‘Cost of Living uplift: £500 to help projects meet their rising costs and respond to increased demand 31/10/2022’
National Lottery Community Fund - Lowerhouses Food and Fun
£10,000 01/07/2022
The funding will be used to continue running cooking sessions for children and adults as well as a lunch club for older people and children during the school holidays. The project aims to provide positive activities that will bring people together ....more
Sir George Martin Trust - Grant to Worth Unlimited, Huddersfield
£1,500 28/02/2022
Core costs for Youth Welfare & Education
BBC Children in Need - Grant to The Worth Foundation Limited
£30,401 30/07/2021
This project will deliver outdoor play activities to children and young people experiencing multiple family challenges in Birmingham. The activities will result in increased well-being, improved peer relationships and improved skills and talents.
DCMS - Coronavirus Community Support Fund
£98,000 29/07/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public ....more
National Lottery Community Fund - Worth Unlimited
£292,307 31/01/2020
36
The project will use the funding to provide open access youth work and social action activities, on a fully-equipped bus and in the youth club, in Waltham Forest.
National Lottery Community Fund - Spark Emotional Wellbeing Project
£120,000 24/10/2019
35
Spark Emotional Wellbeing Project
Essex Community Foundation - Spark Youth Club
£3,100 20/09/2019
10
To provide community campaigning opportunities for young people with mental health problems in the Epping Forest district
National Lottery Community Fund - Together We Can! extension
£129,653 25/07/2019
17
Through a range of focused activity, this project brings together youth work and adult-focused community work to maximise the opportunities for intergenerational and cross-cultural interaction and relationship-building. The project seeks to help and ....more
DCMS - Youth Investment Fund
£43,598 01/04/2019
.
DCMS - Youth Investment Fund
£43,598 01/04/2019
.
DCMS - Youth Investment Fund
£43,598 01/04/2019
.
DCMS - Youth Investment Fund
£43,598 01/04/2019
.
National Lottery Heritage Fund - Grant to The Worth Foundation Limited
£23,200 14/08/2018
Stories from Storey's
Essex Community Foundation - Core Costs of Spark for Management and Administration to coordinate all 5 projects
£3,000 08/02/2018
11
To help meet the cost of co-ordinating a range of projects supporting young people in the Loughton area
Heart Of England Community Foundation - The Clothes Line
£3,450 16/11/2017
11
Grant to Worth Unlimited
Essex Community Foundation - Out4Good (O4G), Supported housing for ex-offenders.
£10,000 02/08/2017
12
To support running costs of the Out4Good Project, a Colchester based supported accommodation project for young offenders
Sport England - Basketball at Priory Court
£5,656 25/04/2017
11
Funding under Sport England's Small Grants funding programme for a Revenue project titled Basketball at Priory Court. This project is a Basketball project, with a focus on younger beneficiaries.
DCMS - Youth Investment Fund
£43,598 01/04/2017
[Placeholder]
DCMS - Youth Investment Fund
£43,598 01/04/2017
[Placeholder]
DCMS - Youth Investment Fund
£43,598 01/04/2017
The Youth Investment Fund aims to expand, create and strengthen the sustainability of open-access youth services in six disadvantaged regions in the country. It will also expand the evidence base of the open access youth provision, through a £1m ....more
DCMS - Youth Investment Fund
£43,598 01/04/2017
The Youth Investment Fund aims to expand, create and strengthen the sustainability of open-access youth services in six disadvantaged regions in the country. It will also expand the evidence base of the open access youth provision, through a £1m ....more
DCMS - Youth Investment Fund
£43,598 01/04/2017
The Youth Investment Fund aims to expand, create and strengthen the sustainability of open-access youth services in six disadvantaged regions in the country. It will also expand the evidence base of the open access youth provision, through a £1m ....more
DCMS - Youth Investment Fund
£43,598 01/04/2017
The Youth Investment Fund aims to expand, create and strengthen the sustainability of open-access youth services in six disadvantaged regions in the country. It will also expand the evidence base of the open access youth provision, through a £1m ....more
DCMS - Youth Investment Fund
£32,699 01/04/2017
The Youth Investment Fund aims to expand, create and strengthen the sustainability of open-access youth services in six disadvantaged regions in the country. It will also expand the evidence base of the open access youth provision, through a £1m ....more
DCMS - Youth Investment Fund
£32,699 01/04/2017
The Youth Investment Fund aims to expand, create and strengthen the sustainability of open-access youth services in six disadvantaged regions in the country. It will also expand the evidence base of the open access youth provision, through a £1m ....more
DCMS - Youth Investment Fund
£32,699 01/04/2017
The Youth Investment Fund aims to expand, create and strengthen the sustainability of open-access youth services in six disadvantaged regions in the country. It will also expand the evidence base of the open access youth provision, through a £1m ....more
DCMS - Youth Investment Fund
£32,699 01/04/2017
The Youth Investment Fund aims to expand, create and strengthen the sustainability of open-access youth services in six disadvantaged regions in the country. It will also expand the evidence base of the open access youth provision, through a £1m ....more
BBC Children in Need - Grant to Worth Unlimited
£29,997 09/03/2017
36
This project will deliver a mobile youth venue and mentoring to children and young people in Walthamstow experiencing local deprivation. They will gain essential skills, develop positive relationships and gain strong self-belief.
National Lottery Community Fund - Together We Can!
£374,334 07/09/2016
36
This new project builds on elements of existing provision and will link existing neighbourhood support groups on the Firs and Bromford estates in East Birmingham, helping beneficiaries predominantly from BME backgrounds and often with low incomes ....more
Lloyds Bank Foundation - Grant to The Worth Foundation
£14,950 07/10/2015
12
the salary of the Gear-Up Development Worker and Gear-Up Project Worker, programme costs and overheads
Barrow Cadbury Trust - It's My Business!
£60,000 26/04/2014
To support young women in Birmingham to develop entrepreneurial skills and business knowledge.
Lloyds Bank Foundation - Grant to The Worth Foundation
£59,700 29/09/2011
the salary of a Community Leaders Manager plus course materials, registration and accreditation fees and staff training.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)
Current Trustees appointed
Gender Split

Age Range of Trustees: 37-58
  • HELEN MICHELLE ACTON Appointed: 2024, Occupation: Retired
  • MALCOLM SMITH Appointed: 2021, Occupation: Managing Director
  • NIKKI BASKIN-WALSH Appointed: 2024, Occupation: Certified Chartered Accountant
  • OLIVER JAMES ELGIE Appointed: 2024, Occupation: Solicitor
  • RACHEL LAMPARD Appointed: 2020, Occupation: Senior Manager
  • SARA TAYLOR Appointed: 2020, Occupation: Impact Team Manager
  • VICTORIA WILLIAMSON (Chair) Appointed: 2023, Occupation: Business Manager
Legal constitution
  • Charitable company registered in England & Wales on 23/03/1998, number: 1068782
  • Registered at Companies House on 17/10/1997, number: 03451215
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
  • 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: 7 days late, AR08: 8 days late,
Main office

WORTH UNLIMITED
434 FOREST ROAD
WALTHAMSTOW
LONDON
E17 4PY

Objectives

THE OBJECTS OF THE CHARITY ARE FOR THE PUBLIC BENEFIT: TO DEVELOP THE CAPACITY AND SKILLS, INCLUDING THE SPIRITUAL AND MENTAL CAPACITY, OF MEMBERS OF SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES IN ENGLAND AND WALES IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY AND MEET THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY. TO RELIEVE UNEMPLOYMENT PARTICULARLY BUT NOT EXCLUSIVELY AMONG YOUNG PEOPLE, IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING PROVIDING VOCATIONAL TRAINING, PREPARATION FOR THE WORKPLACE AND ASSISTANCE TO FIND EMPLOYMENT. TO PROMOTE THE DEVELOPMENT OF CHILDREN AND YOUNG PEOPLE THROUGH COMMUNITY PROGRAMMES DEMONSTRATING CHRISTIAN CARE AND CALCULATED TO ADVANCE THEIR EDUCATION AND ENABLE THEM TO DEVELOP THEIR MENTAL AND SPIRITUAL CAPACITY SO THAT THEY MAY GROW TO FULL MATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY AND THEIR CONDITIONS OF LIFE MAY BE IMPROVED. TO PROMOTE THE EFFICIENCY AND EFFECTIVENESS OF WORK SUPPORTING DISADVANTAGED PEOPLE IN THE UNITED KINGDOM BY THE PROVISION OF TRAINING, INFORMATION, ADVICE, SUPPORT AND INFRASTRUCTURE PROVISION.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving

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