Finance Score: 1

Governance Score: 6

Support Score: 4

Liabilities <10%: +3
Excess reserves: -5
Fundraising costs low: +3

Dynamic board: +3
Gender balanced board: +3

Overall weighted support: +4

Overall GiG Score: 11

ADDINGTON FUND

The charity's objects are the promotion of for the public benefit of rural regeneration in areas of social or economic deprivation, in particular by a) the relief of poverty and b) the provision of housing for those who are in need provided that such power shall not extend to relieving any local authority or other bodies of a statutory duty to provide or improve housing

Analysis by Giving is Great

Positives:

The charity has received modest backing from several prominent grant makers recently
This charity has a robust balance sheet
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

Over half the Board have joined recently

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £14,559,628 available, equivalent to 270 months of spending and so may not be able to utilise additional funding

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
31/03/23	£1,766	£648	£1,118	£42	£16,116	£14,560	269.7	6	1
31/03/22	£677	£507	£171	£31	£15,004	£13,098	310.3	5	1
31/03/21	£854	£469	£385	£14	£13,434	£11,633	297.8	4	1
31/03/20	£739	£633	£107	£29	£12,397	£10,639	201.7	4	1
31/03/19	£802	£586	£216	£103	£12,146	£10,322	211.4	3	1
31/03/18	£644	£488	£155	£63	£12,182	£10,448	256.7	3	0
31/03/17	£786	£487	£299	£54	£12,204	£10,530	259.6	4	0
31/03/16	£1,035	£525	£510	£66	£11,696	£10,089	230.6	4	0
31/03/15	£936	£538	£398	£71	£11,210	£9,903	220.8	3	0
31/03/14	£1,394	£644	£751	£34	£10,544	£9,352	174.4	3	0
31/03/13	£895	£409	£485	£68	£9,733	£8,990	263.5	3	0
31/03/12	£864	£343	£520	£32	£9,198	£8,505	297.2	3	0
31/03/11	£570	£315	£254	£29	£8,638	£7,721	293.9	3	0
31/03/10	£619	£322	£297	£33	£8,535	£7,570	281.9	2	0
31/03/09	£597	£298	£299	£32	£7,929	£7,015	282.4	3	0
31/03/08	£1,636	£611	£1,025	£18	£8,034	£7,121	139.8	3	0
31/03/07	£565	£202	£363	£27	£6,690	£6,271	371.8	3	0
31/03/06	£703	£194	£510	n/a	n/a	n/a	n/a	n/a	n/a
31/03/05	£343	£195	£148	n/a	n/a	n/a	n/a	n/a	n/a
31/03/04	£346	£203	£143	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 3.1%
Fundraising Costs/Total Spending: 8.1%
Senior Staff Costs/Total Spending: 16%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 1%
Liabilities/Income: 5%
Unrestricted Funds/Total Funds: 90%
Reserves/Spending: 269.7 months
Net Current Assets/Spending: 25 months
Quick Ratio: 3.9

Asset Split ?

Balance Sheet History

Established: 22 years

www.addingtonfund.org.uk

enquiries@addingtonfund.org.uk

01926620135

Charity Commission for England and Wales

Tweets

Listed activities

Accommodation/Housing
Education/Training
The Prevention Or Relief Of Poverty

GiG Classification

Other facilities management and maintenance

How it operates

Makes grants to individuals
Provides buildings/facilities/open space

Where it operates

Throughout England And Wales,

Who it helps

Elderly/Old People
Other Defined Groups
People With Disabilities

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.

Specific Donations

Amount	When Months	To be used for
The Royal Countryside Fund - Promote reformed Farming Help
£25,000	27/07/2022	This project will fund activities to help promote the reformed Farming Help group, comprising The Addington Fund, Farming Community Network and Forage Aid. Addington to be the recipient of the funding on behalf of FH.
DCMS - Coronavirus Community Support Fund
£10,000	23/07/2020	"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 "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 services.2) To ensure essential services are provided to vulnerable people, both in the short and long term through increased community support through the work of charitable organisations."
Dulverton Trust - the Support Manager post
£60,000	23/10/2013	the Support Manager post

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Age Range of Trustees: 50-69

ANDREW WARD MBE Appointed: 2023

CLAIR VICTORIA STEVENS Appointed: 2023, Occupation: Banker

EMMA KATHERINE MURRAY-CLARKE Appointed: 2023, Occupation: Head Of Content & Media

LOUISA JANE DIBBLE Appointed: 2023, Occupation: Community Learning Officer

MARTIN ROBERT REDFEARN Appointed: 2023, Occupation: Director

PETER MARK SNODGRASS MA Appointed: 2023

RICHARD MAUNDER Appointed: 2023, Occupation: Retired

SIMON GAVIN MOUNTJOY Appointed: 2023, Occupation: Director

THOMAS HIND Appointed: 2023, Occupation: Chief Executive

Legal constitution

Charitable company registered in England & Wales on 16/04/2003, number: 1097092
Registered at Companies House on 31/01/2003, number: 04654186

Gift Aid

Registered with HMRC for Gift Aid

Event History

16/03/2016 - Asset transfer in from THE PENTALK NETWORK LTD
13/09/2016 - Asset transfer in from THE PENTALK NETWORK LTD
Linked charity: FORAGE 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
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

20 returns made; all on time

Main office

Addington Fund
Unit 9
Barford Exchange
Wellesbourne Road
Barford
WARWICK

Objectives

THE PROMOTION FOR THE PUBLIC BENEFIT OF RURAL REGENERATION IN AREAS OF SOCIAL OR ECONOMIC DEPRIVATION BY ALL OR ANY OF THE FOLLOWING MEANS :A) THE RELIEF OF POVERTY;B) THE PROVISION OF HOUSING FOR THOSE WHO ARE IN NEED PROVIDED THAT SUCH POWER SHALL NOT EXTEND TO RELIEVING ANY LOCAL AUTHORITIES OR OTHER BODIES OF A STATUTORY DUTY TO PROVIDE OR IMPROVE HOUSING;C) THE RELIEF OF UNEMPLOYMENT, INCLUDING ASSISTANCE TO FIND EMPLOYMENT;D) THE PROVISION OF FINANCIAL ASSISTANCE, TECHNICAL ASSISTANCE, OR THE FACILITATION OF BUSINESS ADVICE OR CONSULTANCY IN ORDER TO PROVIDE TRAINING AND EMPLOYMENT OPPORTUNITIES FOR UNEMPLOYED PEOPLE IN CASES OF FINANCIAL OR OTHER CHARITABLE NEED OF HELP:1) IN SETTING UP THEIR OWN BUSINESS, OR2) TO EXISTING BUSINESS;E) THE CREATION OF TRAINING AND EMPLOYMENT OPPORTUNITIES BY THE PROVISION OF WORKSPACE, BUILDINGS, LAND OR ANY OR ALL OF THESE; ANDF) SUCH OTHER MEANS AS MAY FROM TIME TO TIME BE DETERMINED BY THE TRUSTEES SUBJECT TO THE PRIOR CONSENT OF THE CHARITY COMMISSIONERS FOR ENGLAND AND WALES.

Defined Area of Benefit:

NOT DEFINED. IN PRACTICE ENGLAND, SCOTLAND AND WALES

Data Sources

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