INDEPENDENCE TRUST

To advance health, especially in relation to people at risk because of alcohol and substance misuse or behaviours, mental health or cognitive conditions.

Analysis by Giving is Great

Positives:

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
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board is predominantly male

Financial issues to consider:

Spending has fallen significantly over the last 5 years relative to the previous period
Income has been volatile recently

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
31/03/23	*	£1,160	£915	£246	£0	£739	£738	9.7	32	15
31/03/22		£957	£826	£131	£0	£493	£492	7.2	32	15
31/03/21		£937	£929	£9	£0	£362	£361	4.7	32	0
31/03/20		£1,475	£1,383	£91	£0	£353	£353	3.1	44	0
31/03/19		£2,065	£2,132	£-66	£0	£262	£262	1.5	100	16
31/03/18		£2,038	£1,980	£58	£0	£328	£328	2	105	0
31/03/17	*	£2,590	£2,508	£82	£0	£270	£270	1.3	131	0
31/03/16		£2,729	£2,798	£-69	£0	£196	£196	0.8	130	0
31/03/15		£2,048	£2,272	£-225	£31	£265	£265	1.4	108	0
31/03/14		£1,735	£1,879	£-145	£8	£485	£453	2.9	56	0
31/03/13		£3,316	£3,165	£151	£9	£558	£550	2.1	86	0
31/03/12	*	£2,741	£2,623	£118	£9	£402	£265	1.2	71	0
31/03/11		£2,861	£2,815	£46	£5	£283	£146	0.6	78	0
31/03/10		£3,164	£3,268	£-105	£21	£235	£98	0.4	101	0
31/03/09		£3,021	£3,098	£-77	£34	£334	£197	0.8	97	0
31/03/08		£2,875	£2,917	£-43	£40	£417	£281	1.2	97	0
31/03/07		£2,726	£2,664	£61	£26	£687	£424	1.9	101	0
31/03/06		£2,213	£2,137	£76	£0	£0	£0	n/a	0	0
31/03/05		£1,927	£1,895	£32	£0	£0	£0	n/a	0	0
31/03/04		£1,598	£1,618	£-19	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 18%
Liabilities/Income: 14%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 9.7 months
Net Current Assets/Spending: 10 months
Quick Ratio: 4.9

Asset Split ?

Established: 23 years

www.independencetrust.co.uk

info@independencetrust.co.uk

0345 8638323

Charity Commission for England and Wales

Tweets

Listed activities

Economic/Community Development/Employment
The Advancement Of Health Or Saving Of Lives

GiG Classification

Mental health and addiction

How it operates

Acts as an umbrella or resource body
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Provides services

Where it operates

Gloucestershire, Worcestershire,

Who it helps

Children/Young People
Elderly/Old People
Other Defined Groups
People With Disabilities
The General Public/Mankind

Who works here?

32 employees
15 volunteers

Amount	When Months	To be used for
Herefordshire Community Foundation - Household energy support
£490	23/10/2023	Grant to Connexus Younger Persons Outreach Service
Herefordshire Community Foundation - Fridge and Cooker needed
£500	02/10/2023	Grant to Connexus Younger Persons Outreach Service
Herefordshire Community Foundation - Household energy support
£500	08/09/2023	Grant to Connexus Younger Persons Outreach Service
Herefordshire Community Foundation - Application for white goods and flooring for vulnerable young person
£681	01/08/2023	Grant to Connexus Younger Persons Outreach Service
Herefordshire Community Foundation - Application for a cooker and fridge for a Care leaver, and his family, having a 1 yr old son and baby daughter due in 4 weeks
£464	25/07/2023	Grant to Connexus Younger Persons Outreach Service
Herefordshire Community Foundation - Application for cooker, fridge-freezer
£555	28/06/2023	Grant to Connexus Younger Persons Outreach Service
Herefordshire Community Foundation - Grant to Connexus Younger Persons Outreach Service
£500	20/06/2023	Grant to Connexus Younger Persons Outreach Service
Herefordshire Community Foundation - Application for cooker and microwave for young person with baby
£579	24/05/2023	Grant to Connexus Younger Persons Outreach Service
Herefordshire Community Foundation - Fuel
£500	01/03/2023	Grant to Connexus Younger Persons Outreach Service
Herefordshire Community Foundation - Application for fridge-freezer and electric cooked for young person
£520	14/02/2023	Grant to Connexus Younger Persons Outreach Service
Barnwood Trust - Organisational and Groups Funding
£10,000	14/12/2020	Individual grants for disabled people

Amount

When
Months

To be used for

Herefordshire Community Foundation - Household energy support

£490

23/10/2023