Finance Score: -4
Governance Score: 6
Support Score: 7
  • Spending falling: -1
  • Volatile income: -3
  • No PartB
  • Good trustee age range: +3
  • Dynamic board: +3
  • Grant maker support: +7
Overall GiG Score: 9 ?

TIME BANKS UK 

Time Banks UK is a national charity and our aim is to create an environment where time banking can flourish. We provide inspiration, information and practical support for time banking to become a part of everyday life for everyone. We see time banking as the best way to restore a sense of good neighbourliness, to rebuild our communities and to encourage people to be active citizens.
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
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Over half the Board have joined recently

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Spending has fallen significantly over the last 5 years relative to the previous period
  • Income has been volatile recently
Established: 20 years

www.timebanking.org

info@timebanking.org

01453750952

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?

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£132£130£2n/an/an/an/an/a0
31/03/22£140£153£-14n/an/an/an/an/a0
31/03/21£158£162£-4n/an/an/an/an/a0
31/03/20*£173£202£-30n/an/an/an/an/a0
31/03/19£268£268£0n/an/an/an/an/a0
31/03/18£238£233£5£0£0£0n/a00
31/03/17£254£227£27£0£0£0n/a00
31/03/16£211£223£-12£0£0£0n/a00
31/03/15£244£205£38£0£0£0n/a00
31/03/14£118£133£-15£0£0£0n/a00
31/03/13£179£380£-200£0£0£0n/a00
31/03/12£386£340£46£0£0£0n/a00
31/03/11£421£313£108£0£0£0n/a00
31/03/10£359£308£50£0£0£0n/a00
31/03/09£204£191£13£0£0£0n/a00
31/03/08£345£384£-39£0£0£0n/a00
31/03/07£377£361£16£0£0£0n/a00
31/03/06*£266£248£18£0£0£0n/a00
31/03/05£122£112£10£0£0£0n/a00

Highest pay bracket: less than £60,000
Listed activities
  • Economic/Community Development/Employment
  • Education/Training
How it operates
  • Acts as an umbrella or resource body
Where it operates
  • Scotland, Throughout England And Wales,
Who it helps
  • The General Public/Mankind

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.

Major supporters in last 5 years
National Lottery Community Fund£55,025
Dunhill Medical Trust£47,522
Tudor Trust£17,000
Vision Foundation£16,000
WCIT Charity£15,000
Sport England£9,880
Allen Lane Foundation£9,300
Specific Donations
Amount When
Months
To be used for
WCIT Charity - Grant to Timebanking UK
£15,000 23/02/2023
Funding for an app for Timebank members to exchange skills and resources more effectively and responsively, and allow greater participation of members for whom English is not their first language.
Sport England - COVID19 Return to Play
£9,880 08/09/2021
5
Funding under Sport England's Return to Play - Small Grants funding programme for a Revenue project titled COVID19 Return to Play. This project is a Multi Sports project, with a focus on ....more
National Lottery Community Fund - Time to Talk Together
£9,956 06/08/2021
The organisation will use the funding to run a project to bring older people together to address issues linked to isolation and loneliness through mobile group chats events and social activities.
Allen Lane Foundation - Grant to Timebanking UK
£9,300 02/07/2021
£9,300 single grant towards producing a comprehensive national timebanking guide for prison and probation services.
Dunhill Medical Trust - Strategy support
£2,700 24/03/2021
3
Capability support to develop impact model across more time banks
Tudor Trust - Grant to Time Banks UK
£2,000 05/01/2021
as an additional grant to support staff, volunteer and trustee wellbeing, to assist the organisation deliver its charitable purpose more effectively
Tudor Trust - Grant to Time Banks UK (COVID19 Grant)
£15,000 26/10/2020
6
over six months as a grant extension towards salaries at an organisation supporting local time banks across the UK
National Lottery Community Fund - Timebanking can help you
£45,069 05/10/2020
5
The funding will ensure the organisation can continue to provide operational support and clear guidance on involving people and creating mutual support networks in communities exchanging time rather ....more
Dunhill Medical Trust - Strategy support
£5,820 02/06/2020
12
Capability support to develop impact model
Vision Foundation - Timebanks in London
£16,000 04/03/2020
To make Timebanks in London more inclusive and accessible to blind and partially sighted people.
Dunhill Medical Trust - Timebanking for health
£39,002 27/06/2019
24
The time banks will work directly with older people to who need some form of extra support to make everyday living that bit easier and to enable them access to medical appointments or to leave ....more
Tudor Trust - Grant to Time Banks UK
£60,000 26/09/2018
24
over two years towards the salary of a new operations manager to support the development of time banks across the UK
National Lottery Community Fund - Time for Hampshire
£6,865 26/03/2018
12
The funding will be used to buy IT equipment for the organisation to coordinate and expand their work. The project aims to allow people from the local community to pool their time, skills and ....more
Garfield Weston Foundation - Main Grants award
£7,500 03/05/2017
Home from Hospital Programme
City Bridge Trust - Grant to Timebanking UK
£132,100 25/09/2014
36
£132,100 over three years (£50,060; £42,320; £39,720) towards work to support the London timebanks.
Tudor Trust - Grant to Time Banking UK
£135,000 13/02/2014
36
over three years towards the salary of a regional project manager to support the development of time banks across the UK
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)
Current Trustees appointed

Age Range of Trustees: 27-78
Legal constitution
  • Charitable company registered in England & Wales on 16/12/2003, number: 1101204
  • Registered at Companies House on 02/08/2002, number: 04502783
Gift Aid
  • NOT 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
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • 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
Filing Record
19 returns made; AR20: 1 days late, AR06: 36 days late,
Main office

TIME BANKS UK
THE OLD SCHOOL
BRICK ROW
STROUD
GL5 1DF

Objectives

THE COMPANY IF FORMED TO ADVANCE, FOR THE BENEFIT OF THE PUBLIC AT LARGE, EDUCATION AND TRAINING IN THE KNOWLEDGE AND SKILLS PERTINENT TO THE ESTABLISHMENT AND MANAGEMENT OF TIME BANKS IN THE UNITED KINGDOM AND IN PARTICULAR EDUCATE THE PUBLIC AND CONDUCT AND PROMOTE RESEARCH INTO THE POTENTIAL ROLE FOR TIME BANKS TO PROMOTE CAPACITY BUILDING WITHIN COMMUNITIES OF SOCIAL AND ECONOMIC DEPRIVATION SO THAT SUCH COMMUNITIES ARE BETTER ABLE TO IDENTIFY, AND HELP MEET, THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY.

Defined Area of Benefit:

NATIONAL

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great