Finance Score: -1

Governance Score: -2

Support Score: 0

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

Narrow trustee age band: -2

No supporters identified

Overall GiG Score: -3

THE HABERDASHERS' ASKE'S ELSTREE SCHOOLS' FOUNDATION

Raising money in support of the School's Bursary programme for means-tested awards to pupils whose parents may be in need of financial assistance; the provision of financial assistance towards the maintenance and development of the School; and the provision of facilities and equipment to support the education (including the social and physical training) of pupils in the School.

Analysis by Giving is Great

Positives:

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

Regulatory & Governance issues to consider:

The Board has little diversity in terms of age

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £1,775,945 available, equivalent to 33 months of spending and so may not be able to utilise additional funding
On several occasions in recent years income has been less than spending
Fundraising costs are high relative to funds raised

Established: 19 years

www.habsboys.org.uk

finance@habsboys.org.uk

02082661700

Charity Commission for England and Wales

Tweets

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
31/08/22		£1,382	£647	£734	£265	£3,714	£1,776	32.9	0
31/08/21		£1,027	£430	£597	£186	£3,410	£2,002	55.9	0
31/08/20		£285	£354	£-69	n/a	n/a	n/a	n/a	n/a
31/08/19		£2,091	£287	£1,804	£154	£2,717	£1,837	76.8	0
31/08/18		£293	£355	£-63	£0	£0	£0	n/a	0
31/08/17	*	£133	£257	£-124	£0	£0	£0	n/a	0
31/08/16	*	£122	£185	£-64	£0	£0	£0	n/a	0
31/08/15		£78	£227	£-148	£0	£0	£0	n/a	0
31/08/14	*	£182	£208	£-26	£0	£0	£0	n/a	0
31/08/13?		£576	£165	£411	£0	£1,295	£111	8.1	2
31/03/12	*	£328	£93	£235	£0	£0	£0	n/a	0
31/03/11	*	£124	£41	£83	£0	£0	£0	n/a	0
31/03/10		£143	£41	£101	£0	£0	£0	n/a	0
31/03/09	*	£157	£7	£149	£0	£0	£0	n/a	0
31/03/08		£9	£0	£9	£0	£0	£0	NAN	0
31/03/07		£0	£0	£0	n/a	n/a	n/a	n/a	n/a
31/03/06		£0	£0	£0	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 24.4%
Fundraising Costs/Total Spending: 44.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 48%
Reserves/Spending: 32.9 months
Net Current Assets/Spending: 27 months
Quick Ratio: 189.5

Asset Split ?

Listed activities

Education/Training
General Charitable Purposes

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides buildings/facilities/open space

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

Age Range of Trustees: 47-63

JANE VICTORIA COCKERELL Appointed: 2020, Occupation: Charity Consultant

JONATHAN DAVID MYERS Appointed: 2020, Occupation: Solicitor, Other trusteeship: THE FRIENDS OF LIKRAT SHABAT,

RISHI RAMESH SACHDEV Appointed: 2022, Occupation: Ceo

SIMON CARTMELL OBE Appointed: 2017, Occupation: Chief Executive

TIMOTHY PATRICK DOLAN Appointed: 2020, Occupation: Solicitor

Legal constitution

Charitable company registered in England & Wales on 29/11/2004, number: 1107027
Registered at Companies House on 19/10/2004, number: 05263772

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

17 returns made; AR17: 30 days late, AR16: 30 days late, AR14: 22 days late, AR12: 2 days late, AR11: 2 days late, AR09: 18 days late,

Main office

HABERDASHERS ASKES BOYS SCHOOL
BUTTERFLY LANE
ELSTREE
BOREHAMWOOD
WD6 3AF

Objectives

The objects are to advance the education of the pupils at the Haberdashers' Aske's Boys' School and the Haberdashers’ Aske’s School for Girls (the “Schools) and at such other school as the Trustees may from time to time determine, and to promote any other charitable purposes connected with or otherwise associated with the Schools, and in particular, but not exclusively, to assist in :-(1) raising money to support the provision of bursary awards to pupils at the Schools whose parents or guardians are in need of financial assistance, for the education of such pupils at the Schools;(2) the provision of financial assistance towards the maintenance and development of the Schools, including but not limited to capital projects;(3) the provision of facilities and equipment to support the education and welfare (including social and physical activities) of pupils at the Schools.

Defined Area of Benefit:

UNITED KINGDOM

Data Sources