Finance Score: 4
Governance Score: 6
Support Score: 13
  • Good reserves management: +3
  • Deficit latest year: -2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Grant maker support: +13
Overall GiG Score: 23 ?

THE ALBANY 2001 COMPANY 

Promoting the arts, education, equality & diversity through a programme of culturally diverse arts events and projects Providing facilities including serviced accommodation & community rooms for independent projects, local groups & individuals whose aims include the arts, health care, education
Analysis by Giving is Great

Positives:

  • Reserves management has been consistently within official guidelines
  • Spending has increased over the last 3 years relative to the previous period
  • There have been no material income shortfalls in recent years
  • Fundraising costs are unusually 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 dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Over half the Board have joined recently

Financial issues to consider:

  • Income was lower than spending in the latest year
Established: 18 years
(22 years as a company)

www.thealbany.org.uk

reception@thealbany.org.uk

02086920231

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
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£3,604£4,349£-745£72£6,081£1,4964.15530
31/03/22£3,616£3,392£225£65£6,826£1,5375.44420
31/03/21£3,615£2,635£980£62£6,601£1,4466.64526
31/03/20£3,647£3,639£8£25£5,621£1,1433.85679
31/03/19£3,237£3,024£213£27£5,613£1,0954.35551
31/03/18£2,676£2,733£-57£26£5,400£1,0914.8520
31/03/17£2,903£2,771£131£31£5,457£1,0694.6500
31/03/16£2,650£2,632£17£33£5,325£1,1005650
31/03/15£2,670£2,671£0£59£2,408£1,1835.3450
31/03/14£2,378£2,347£30£88£2,408£1,1826490
31/03/13£1,794£1,800£-5£96£2,378£1,1747.8400
31/03/12£1,342£1,366£-24£67£2,383£1,21610.7280
31/03/11£1,435£1,470£-35£78£2,407£1,24010.1340
31/03/10£1,439£1,344£95£76£2,442£1,23711310
31/03/09*£1,097£1,050£47£88£2,347£1,15513.2300
31/03/08*£1,253£1,260£-7£82£2,419£1,16411.1300
31/03/07£1,191£1,424£-234£87£2,540£1,26110.6290

Financial Ratios
Fundraising Costs/Relevant Income: 2%
Fundraising Costs/Total Spending: 1.7%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 12%
Liabilities/Income: 23%
Unrestricted Funds/Total Funds: 25%
Reserves/Spending: 4.1 months
Net Current Assets/Spending: 4 months
Quick Ratio: 2.8
Asset Split ?
Listed activities
  • Arts/Culture/Heritage/Science
  • Economic/Community Development/Employment
How it operates
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Throughout London,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People With Disabilities
  • The General Public/Mankind
Who works here?
  • 55 employees
  • 30 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.

Major supporters in last 5 years
DCMS£764,407
Paul Hamlyn Foundation£281,500
Garfield Weston Foundation£273,992
Greater London Authority£164,770
City Bridge Trust£97,500
Youth Music£58,620
Esmee Fairbairn£40,000
Specific Donations
Amount When
Months
To be used for
National Lottery Community Fund - MH - Come As You Are
£8,460 04/08/2023
The funding will be used to run activities for young people during the school holidays. The project aims to engage young people by offering multiple activities in a safe space where they can learn ....more
Paul Hamlyn Foundation - Community participation
£238,000 09/05/2023
Albany Theatre is an arts centre and cultural hub in South East London. This grant will help The Albany to create a long-term shift in its operations, to centre co-design, co-creation and community ....more
Greater London Authority - Come 'n' Grow Trees
£22,000 02/12/2022
This project will depave a concrete area to make space for a new orchard at an arts centre in Deptford. The project will involve local children, older adults and young people with disabilities in ....more
City Bridge Trust - Grant to The Albany
£97,500 06/12/2021
60
£97,500 over five years (£19,500 per annum) towards the costs of a part time (20 hours per week) Garden Co-ordinator.
Youth Music - Revolution through Music: Industry Futures
£29,920 11/11/2021
Revolution through Music: Industry Futures
Garfield Weston Foundation - WCF award - COVID19 response
£273,992 05/02/2021
Weston Culture Fund
Paul Hamlyn Foundation - COVID19 Emergency Funding
£43,500 15/07/2020
12
Support to aid the organisation in dealing with the challenges posed by COVID19.
Esmee Fairbairn - Grant to the Albany
£25,000 12/05/2020
6
towards unrestricted core costs as a COVID-19 Fast Response grant
Esmee Fairbairn - Grant to the Albany
£15,000 05/05/2020
6
towards unrestricted costs as a COVID-19 Fast Response grant
DCMS - the albany
£179,254 01/04/2020
The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more
DCMS - Family Arts Campaign
£132,392 01/04/2020
The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more
DCMS - the Albany Culture Recovery Fund
£248,468 01/04/2020
To support Arts and Culture throughout England
DCMS - the Albany Culture Recovery Fund (April - June)
£160,365 01/04/2020
To support Arts and Culture throughout England
DCMS - The Albany - New project title: Building the future for youth arts provision in London
£15,000 01/04/2020
The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more
DCMS - Celebrating Age Loneliness Projects
£28,928 01/04/2020
The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more
Greater London Authority - The Albany
£142,770 01/01/2020
Positive activities for young people involved in crime or at risk of crime or exclusion
Youth Music - The Albany/ Fellowship Music Collective project
£28,700 11/08/2019
The Albany/ Fellowship Music Collective project
Esmee Fairbairn - Grant to the Albany
£150,000 09/04/2019
36
Towards a regional ambassador programme to support already established regional Family Arts Networks to create a more effective, joined-up and sustainable model of engaging diverse families in arts ....more
National Lottery Community Fund - Fun Palaces - Making a Difference Together.
£1,500,000 15/03/2019
67
The project is a UK-wide campaign for culture at the heart of local communities. It is delivered through widening participation, strengthening communities by ensuring people are in the lead and ....more
National Lottery Community Fund - The Albany Community Garden
£10,000 22/02/2019
12
The project aims to improve the community garden and encourage more people to access the green space and increase their knowledge about healthy lifestyles.
National Lottery Community Fund - The Albany, Lewisham Young People's hub
£385,941 22/11/2018
36
The project will support young people aged 5 to 25 who are the least engaged in civic and cultural activity and living in the London Borough of Lewisham.
National Lottery Community Fund - Fun Palaces - growing our links, building our future.
£50,000 07/06/2018
6
A UK-wide annual campaign that celebrates people coming together from different backgrounds through community-led activities. People and venues collaborate to draw on the passions and skills of local ....more
National Lottery Community Fund - The Albany Garden
£9,950 25/10/2017
12
This project will expand the activities at the group’s community garden, running gardening clubs and a festival for local people where they can learn about eating more healthily.
Esmee Fairbairn - Grant to the Albany
£90,000 12/10/2016
36
Towards the work of Future Arts Centre, specifically for a series of projects that investigate and support the sustainability and impact of arts centres.
Paul Hamlyn Foundation - Fun Palaces' ongoing search for cultural democracy
£210,000 23/05/2016
36
Fun Palaces is a centrally organised year-round campaign for cultural democracy with a weekend of action, where individual Fun Palaces are created by, for and with local people all over the UK. This ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)
Current Trustees appointed

Age Range of Trustees: 20-83
  • AHMET AHMET Appointed: 2023, Occupation: Head Of Inclusive Talent Development
  • DILESH DESAI Appointed: 2022, Occupation: Executive Director
  • RUTH WYE Appointed: 2022, Occupation: Civil Servant
  • SARAH BEDI Appointed: 2021, Occupation: Theatre Director And Writer
Legal constitution
  • Charitable company registered in England & Wales on 15/12/2005, number: 1112521
  • Registered at Companies House on 03/12/2001, number: 04333098
Gift Aid
  • Registered with HMRC for Gift 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
17 returns made; AR09: 19 days late, AR08: 29 days late,
Main office

THE ALBANY
ALBANY CENTRE & THEATRE
DOUGLAS WAY
LONDON
SE8 4AG

Objectives

THE OBJECTS OF THE CHARITY ARE TO OPERATE AND MAINTAIN A COMMUNITY ARTS CENTRE AND OTHER FACILITIES INCLUDING WITHOUT LIMITATION FOR THE PARTICULAR BENEFIT OF THOSE LIVING IN, WORKING IN, OR RESORTING TO THE LONDON BOROUGHS OF GREENWICH, LEWISHAM AND SOUTHWARK IN ORDER TO:1. PROMOTE THE ARTS;2. PROMOTE EDUCATION;3. RELIEVE NEED AND DISADVANTAGE;4. PROMOTE EQUALITY AND DIVERSITY;5. PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE; AND6. PROMOTE ANY OTHER PURPOSE WHICH IS CHARITABLE PURSUANT TO THE LAW OF ENGLAND AND WALES FROM TIME TO TIME.

Defined Area of Benefit:

LONDON BOROUGHS OF GREENWICH, LEWISHAM AND SOUTHWARK.

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

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