Finance Score: -13

Governance Score: 3

Support Score: 1

Poor Liquidity: -1
Multiple Deficits and declines: -5
Fundraising costs low: +3
Dormant: -10

Good trustee age range: +3
Static board: -3
Gender balanced board: +3

Grant maker support: +1

Overall GiG Score: -9

WHEATSHEAF TRUST

Wheatsheaf Trust undertakes a range of practical interventions to promote social inclusion, economic development and lifelong learning for the communities in Southampton City and the region. These activities include providing Information, Advice and Guidance around employment and training, supported work placements and work-related learning, specialised diversity training, research and consultancy

Analysis by Giving is Great

Positives:

Fundraising costs are low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and gender

Regulatory & Governance issues to consider:

The Board composition appears to be rather static

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
Income has been volatile and on several occasions in recent years less than spending
This charity appears to be dormant

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
31/03/18	£1,309	£1,477	£-168	£91	£206	£161	1.3	26	6
31/03/17	£993	£1,351	£-357	£135	£373	£280	2.5	26	6
31/03/16	£1,377	£1,650	£-273	£174	£731	£709	5.2	38	10
31/03/15	£1,804	£1,767	£37	£118	£1,015	£1,011	6.9	40	4
31/03/14	£2,052	£1,987	£65	£84	£978	£949	5.7	45	9
31/03/13	£1,662	£1,727	£-66	£64	£912	£867	6	40	0
31/03/12	£1,524	£1,649	£-125	£54	£989	£930	6.8	44	0
31/03/11	£3,055	£2,661	£395	£117	£1,114	£949	4.3	76	0
31/03/10	£2,572	£1,978	£593	£68	£719	£598	3.6	33	0
31/03/09	£1,013	£981	£32	£87	£126	£62	0.8	20	0
31/03/08	£987	£1,044	£-57	£99	£94	£28	0.3	25	0
31/03/07	£1,100	£1,084	£16	£126	£151	£47	0.5	31	0
31/03/06	£1,090	£1,032	£59	£0	£0	£0	n/a	0	0
31/03/05	£1,063	£1,126	£-63	£0	£0	£0	n/a	0	0
31/03/04	£991	£1,076	£-85	£0	£0	£0	n/a	0	0

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 7%
Fundraising Costs/Total Spending: 6.2%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 81%
Liabilities/Income: 33%
Unrestricted Funds/Total Funds: 78%
Reserves/Spending: 1.3 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.7

Asset Split ?

Established: 24 years

www.wheatsheaftrust.org

info@wheatsheaftrust.org

02380237662

Charity Commission for England and Wales

This Charity appears to be dormant

Listed activities

Economic/Community Development/Employment
Education/Training

GiG Classification

Technical, vocational and continuing education

How it operates

Other charitable activities
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Sponsors or undertakes research

Where it operates

Hampshire, Southampton City,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who works here?

26 employees
6 volunteers

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
Henry Smith Charity - Grant to Wheatsheaf Trust
£90,000	07/09/2017 36	towards three years' salary of the Project Manager at an organisation providing information, guidance, training and mentoring to those seeking employment in Hampshire and the Isle of Wight
National Lottery Community Fund - Sol/2/1 - Bridge2Work: A Solent-based intermediate labour market progr
£599,950	09/11/2016 36	The funding will support Bridge2Work (B2W). Based in the Solent LEP are, the project aims to engage 226 people experiencing multiple and complex barriers to employment living in the area and support ....more The funding will support Bridge2Work (B2W). Based in the Solent LEP are, the project aims to engage 226 people experiencing multiple and complex barriers to employment living in the area and support them into employment opportunities.
The Blagrave Trust - NEET prevention for young offenders
£86,265	08/07/2015	To support NEET young offenders back to work and a constructive way of life
National Lottery Community Fund - The Way4ward
£299,865	07/07/2011 36	This project will provide positive role models for young people and seeks to change the culture of unemployment and dependency on benefits, reduce isolation and improve family relationships. The ....more This project will provide positive role models for young people and seeks to change the culture of unemployment and dependency on benefits, reduce isolation and improve family relationships. The project targets adults who have negative attitudes which they pass on to their children and so undermine their achievements. It will employ a 5 stage model of identify, engage, support, progress and move on to address underlying issues. The project will work in particular areas of Havant, Southampton and Portsmouth.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Age Range of Trustees: 45-77

ANITA ESSER Appointed: 2009, Occupation: Nhs

DAVID WATSON Appointed: 2018, Occupation: Company Director

JOANNE GRATRICK Appointed: 2017, Occupation: Management Consultant

SHEILA MARY SIDDALL (Chair) Appointed: 2006, Occupation: Strategic Consultant

STEPHEN LENT Appointed: 2011, Occupation: None

SHEILA STOKES-WHITE Appointed: 2018, Occupation: Strategic Consultant

TIMOTHY HOUGHTON Appointed: 2015, Occupation: Chief Executive

EDWARD BRUNEL-COHEN Appointed: 2016, Occupation: None, Other trusteeships: LONDON CHAMBER OF COMMERCE AND INDUSTRY COMMERCIAL EDUCATION TRUST, NATIONAL NUMERACY,

LYNN SIMPSON Appointed: 2019, Occupation: Hr Professional, Other trusteeship: HAMPSHIRE ASSOCIATION FOR THE CARE OF THE BLIND,

Legal constitution

Charitable company registered in England & Wales on 16/10/2000, number: 1082889
Registered at Companies House on 29/03/2000, number: 03958960

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

15 returns made; all on time

Main office

WHEATSHEAF TRUST
Unit 1
Empress Heights
College Street
Southampton
SO14 3LA

Objectives

THE RELIEF OF UNEMPLOYMENT FOR THE PUBLIC BENEFIT IN SUCH WAYS AS MAY BE THOUGHT FIT INCLUDING THE PROVISION OF ADVICE AND ASSISTANCE TO FIND EMPLOYMENT PROVIDED SUCH OBJECTS ARE CHARITABLE.

Defined Area of Benefit:

NOT DEFINED. IN PRACTICE HAMPSHIRE AND ISLE OF WIGHT

Data Sources