Finance Score: -1
Governance Score: 6
Support Score: 7
  • Liabilities <10%: +3
  • Excess reserves: -2
  • Multiple Deficits: -2
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Large volunteer base +3
  • Overall weighted support: +4
Overall GiG Score: 12 ?

WOOD STREET MISSION

We aim to alleviate the effects of poverty on children and their families in Manchester by offering practical help with clothing, bedding and baby equipment, and to break the cycle of poverty by encouraging engagement with education.
Analysis by Giving is Great

Positives:

  • This charity has been successful in attracting volunteers relative to its size
  • The charity has received modest backing from several prominent grant makers recently
  • This charity has a robust balance sheet
  • Spending has increased over the last 3 years relative to the previous period
  • The Board appears to be well diversified in terms of age and gender

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £2,170,224 available, equivalent to 29 months of spending and so may not be able to utilise additional funding
  • 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
31/12/23£792£898£-106£0£2,325£2,1702916240
31/12/22£785£815£-30£0£2,336£2,15431.715230
31/12/21£517£730£-213£0£2,561£2,36438.915400
31/12/20£718£687£30£0£2,661£2,51143.813400
31/12/19*£620£767£-148£0£2,560£2,54239.81347
31/12/18*£826£664£162£0£2,579£2,51945.5110
31/12/17£438£521£-84n/an/an/an/an/an/a
31/12/16£524£466£58£44£2,547£2,42862.590
31/12/15£446£409£37n/an/an/an/an/an/a
31/12/14£307£294£12n/an/an/an/an/an/a
31/12/13£411£292£119n/an/an/an/an/an/a
31/12/12£289£262£26n/an/an/an/an/an/a
31/12/11£361£251£110n/an/an/an/an/an/a
31/12/10£184£239£-55n/an/an/an/an/an/a
31/12/09£174£244£-70n/an/an/an/an/an/a
31/12/08£203£212£-9n/an/an/an/an/an/a
31/12/07*£658£177£481£34£2,089£1,552105.270
31/12/06*£154£160£-6n/an/an/an/an/an/a
31/12/05*£188£162£26n/an/an/an/an/an/a
31/12/04£276£164£112n/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: 1%
Liabilities/Income: 2%
Unrestricted Funds/Total Funds: 93%
Reserves/Spending: 29 months
Net Current Assets/Spending: 2 months
Quick Ratio: 6.5
Asset Split ?
Balance Sheet History
Established: 25 years

www.woodstreetmission.org.uk

info@woodstreetmission.org.uk

01618343140

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • General Charitable Purposes
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Other welfare services
How it operates
  • Provides services
Where it operates
  • Manchester City, Salford City,
Who it helps
  • Children/Young People
  • 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
Greater Manchester Mayor's Charity£6,500
Esmee Fairbairn£5,000
Southway Housing Trust£5,000
Specific Donations
Amount When
Months
To be used for
Esmee Fairbairn - TASK to Wood Street Mission
£5,000 01/11/2023
TASK fund donation towards the children's Christmas gift drive
Southway Housing Trust - Wood Street Mission
£5,000 01/12/2020
To support groups in Southway neighbourhoods during a difficult year and to help them to deliver Christmas food-related projects
Greater Manchester Mayor's Charity - Grant to Wood Street Mission
£6,500 15/04/2020
Supporting initial response to the COVID-19 pandemic.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split

Age Range of Trustees: 48-85
  • CHARLES ALEXANDER HADFIELD FRICS
  • DR KATE PARKINSON Appointed: 2023, Occupation: Doctor
  • EMMA WILLDER Appointed: 2019, Occupation: Company Director
  • GILLIAN WINTER BAHONSPGCE Appointed: 2016, Occupation: Education Consultant
  • MICHAEL NORMAN GWYNNE EVANS Appointed: 1999, Occupation: Chartered Accountant
  • NICOLE DORREN GUY Appointed: 2011, Occupation: Business Manager
  • ROBERT TOPHAM RACE (Chair) Appointed: 2010, Occupation: Stockbroker
  • VALERIE JONES Appointed: 2010, Occupation: Retired
Legal constitution
  • Charitable company registered in England & Wales on 24/11/1999, number: 1078337
  • Registered at Companies House on 28/09/1999, number: 03849322
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity 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
  • 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; AR19: 52 days late, AR18: 14 days late, AR07: 76 days late, AR06: 258 days late, AR05: 105 days late,
Recent reorganisation events:
  • Asset transfer in from ROTARY CLUB OF SALFORD WITH SWINTON CHARITABLE TRUST on 13/02/2023
Main office

26 WOOD STREET
MANCHESTER
M3 3EF

Objectives

THE RELIEF OF PERSONS WHO ARE IN NEED HARDSHIP OR DISTRESS AND WITHOUT IN ANY WAY LIMITING THE GENERALITY OF THE FOREGOING, IN PARTICULAR THOSE PERSONS RESIDENTS IN THE FORMER ADMINISTRATIVE AREA OF GREATER MANCHESTER

Defined Area of Benefit:

MANCHESTER

Data Sources

Charity Commission for England and Wales
360 Giving

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