Finance Score: 4

Governance Score: 3

Support Score: 2

Liabilities <10%: +3
Large legacies income: +1
Strong growth: +2
Fundraising costs high: -2

Good trustee age range: +3

Grant maker support: +2

Overall GiG Score: 9

THE MIGRAINE TRUST

Research into the nature,causes,diagnosis,prevention and treatment of migraine and to disseminate the useful results of such research.Help relieve the sickness and preserve the health of sufferers of migraine.Advance the education of health professionals and the public in the subject of migraine.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker recently
This charity has a robust balance sheet
This charity has received considerable income from legacies in recent years
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of age

Financial issues to consider:

Fundraising costs are high relative to funds raised

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	Volun- teers
31/01/23		£1,981	£1,756	£225	£202	£1,476	£1,283	8.8	12	0
31/01/22		£678	£847	£-169	£139	£1,277	£1,224	17.3	9	35
31/01/21		£943	£1,030	£-87	£141	£1,410	£1,292	15.1	10	80
31/01/20		£796	£694	£102	£121	£1,561	£1,366	23.6	8	20
31/01/19		£1,466	£746	£720	£103	£1,447	£1,229	19.8	8	15
31/01/18		£566	£657	£-91	£79	£726	£520	9.5	7	0
31/01/17		£1,021	£730	£290	£70	£816	£620	10.2	7	0
31/01/16		£838	£643	£196	£66	£515	£158	3	7	0
31/01/15		£735	£597	£138	£107	£328	£174	3.5	7	0
31/01/14		£504	£624	£-120	£153	£186	£168	3.2	8	0
31/01/13		£567	£591	£-23	£138	£289	£266	5.4	8	0
31/01/12		£498	£617	£-119	£0	£0	£0	n/a	0	0
31/01/11		£526	£533	£-7	£122	£422	£403	9.1	7	0
31/01/10		£583	£596	£-12	£113	£388	£370	7.5	7	0
31/01/09		£555	£673	£-119	£105	£372	£358	6.4	8	0
31/01/08		£393	£577	£-184	£0	£0	£0	n/a	0	0
31/01/07		£690	£899	£-208	£139	£825	£815	10.9	7	0
31/01/06		£710	£617	£93	£0	£0	£0	n/a	0	0
31/01/05		£828	£850	£-22	£0	£0	£0	n/a	0	0
31/01/04	*	£410	£440	£-31	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 20.3%
Fundraising Costs/Total Spending: 11.5%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 4%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 87%
Reserves/Spending: 8.8 months
Net Current Assets/Spending: 7 months
Quick Ratio: 9.6

Asset Split ?

Established: 24 years

www.migrainetrust.org

info@migrainetrust.org

02039510150

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training
The Advancement Of Health Or Saving Of Lives

GiG Classification

Scientific research and testing services

How it operates

Makes Grants to Organisations
Provides advocacy/advice/information
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Other Defined Groups

Who works here?

12 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 - Extending our support for people with migraine
£10,000	25/02/2022	The funding will be used to expand and diversify the support provided to people living with migraine. The project aims to increase support available via the helpline and online to ensure people ....more The funding will be used to expand and diversify the support provided to people living with migraine. The project aims to increase support available via the helpline and online to ensure people living with migraine or newly diagnosed have access to support and information.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)

Current Trustees appointed

Gender Split

Based on 10/11 persons

Age Range of Trustees: 27-75

DR KAY KENNIS Appointed: 2020, Occupation: General Practitioner

DR SHAZIA AFRIDI Appointed: 2015, Occupation: Doctor

KATY ELIZABETH BROWN Appointed: 2022, Occupation: Consultant

PHILIPPA LEIGH KINDERSLEY Appointed: 2022, Occupation: Management Consultant

STEPHANIE CATHERINE BOILEAU HAYLE Appointed: 2022, Occupation: Fundraiser

DR LOUISE RUSK Appointed: 2020, Occupation: Gp

GARY GEORGE Appointed: 2019, Occupation: Bank Manager

MICHAEL WAKEFIELD Appointed: 2019, Occupation: Retired

MICHELLE JANE WALDER (Chair) Appointed: 2018, Occupation: Chief Executive

PROFESSOR PETER GOADSBY Appointed: 2020, Occupation: Neurologist

WENDY THOMAS Appointed: 2020, Occupation: None

Legal constitution

Charitable company registered in England & Wales on 28/06/2000, number: 1081300
Registered at Companies House on 15/05/2000, number: 03996448

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
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; AR04: 2 days late,

Recent reorganisation events:

Asset transfer in from MIGRAINE ACTION INCORPORATED on 22/10/2019

Main office

7-14 GREAT DOVER STREET
LONDON
SE1 4YR

Objectives

1. TO RELIEVE SICKNESS AND PRESERVE THE HEALTH OF SUFFERERS OF MIGRAINE, IN PARTICULAR BUT NOT EXCLUSIVELY BY PROVIDING SUPPORT SERVICES TO SUFFERERS OF MIGRAINE2. TO PROTECT AND PROMOTE THE HEALTH OF THE PUBLIC IN PARTICULAR BY RESEARCH INTO THE NATURE, CAUSES, DIAGNOSIS, PREVENTION AND TREATMENT OF MIGRAINE AND TO DISSEMINATE THE USEFUL RESULTS OF SUCH RESEARCH3. TO ADVANCE THE EDUCATION OF HEALTH PROFESSIONALS AND THE PUBLIC IN THE SUBJECT OF MIGRAINE, IN PARTICULAR BUT NOT EXCLUSIVELY BY RAISING AWARENESS OF MIGRAINE, ITS CAUSES AND EFFECTS AMONGST THE SAME

Defined Area of Benefit:

UNITED KINGDOM AND ELSEWHERE

Data Sources