Finance Score: 3

Governance Score: 2

Support Score: 7

Low unrestricted reserves: -2
Strong growth: +2
Fundraising costs low: +3

Only 4 Trustees: -1
Good trustee age range: +3

Grant maker support: +7

Overall GiG Score: 12

ASHOKA UK

Ashoka UK is the UK chapter of Ashoka: Innovators for the Public, a charity registered in the United States of America. The objects of Ashoka UK are to relieve poverty and sickness, preserve and protect health and advance education and promote the preservation of the environment for the public benefit particularly in developing countries by promoting the work of the organisation known as Ashoka.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
Fundraising costs are low relative to funds raised

Regulatory & Governance issues to consider:

There are only 4 trustees

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end

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
31/08/22		£3,698	£3,038	£659	£250	£1,925	£4	0	20	0
31/08/21		£2,307	£2,162	£146	£50	£1,265	£511	2.8	18	0
31/08/20		£2,557	£1,914	£643	£37	£1,120	£795	5	12	11
31/08/19		£1,185	£1,172	£13	£89	£477	£212	2.2	16	12
31/08/18		£1,191	£1,168	£23	£85	£464	£251	2.6	14	10
31/08/17		£1,109	£950	£159	£57	£442	£192	2.4	10	0
31/08/16		£1,074	£1,074	£0	£70	£283	£172	1.9	11	0
31/08/15		£511	£724	£-213	£0	£283	£283	4.7	0	0
31/08/14		£1,032	£871	£160	£0	£495	£178	2.4	0	0
31/08/13		£615	£439	£176	£0	£335	£81	2.2	0	0
31/08/12		£151	£454	£-303	£0	£0	£0	n/a	0	0
31/08/11		£379	£1	£378	£0	£0	£0	n/a	0	0
31/08/10		£344	£562	£-218	£0	£0	£0	n/a	0	0
31/08/09		£389	£563	£-174	£0	£0	£0	n/a	0	0
31/08/08		£283	£1	£282	£0	£0	£0	n/a	0	0
31/08/07	*	£202	£1	£201	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 6.8%
Fundraising Costs/Total Spending: 8.2%
Senior Staff Costs/Total Spending: 14%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 23%
Liabilities/Income: 16%
Unrestricted Funds/Total Funds: 0%
Reserves/Spending: 0 months
Net Current Assets/Spending: 8 months
Quick Ratio: 2.7

Asset Split ?

Established: 18 years
(20 years as a company)

www.ashoka.org/en-gb/country/united-kingdom

infouk@ashoka.org

02089809416

Charity Commission for England and Wales

Tweets

Listed activities

Disability
Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage
General Charitable Purposes
Overseas Aid/Famine Relief
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Philanthropic intermediaries and voluntarism promotion

How it operates

Acts as an umbrella or resource body

Where it operates

Ireland, Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People Of A Particular Ethnic Or Racial Origin
People With Disabilities

Who works here?

20 employees

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.

Specific Donations

Amount	When Months	To be used for
Greenwood Place - Grant to Ashoka UK
£150,000	01/07/2021	Unrestricted funding
Paul Hamlyn Foundation - Young Leaders Programme
£20,000	01/02/2021	Ashoka supports leading social entrepreneurs to scale their impact and enable society to embrace social innovation and changemaking. This grant supports Ashoka in the development of a Young Change ....more Ashoka supports leading social entrepreneurs to scale their impact and enable society to embrace social innovation and changemaking. This grant supports Ashoka in the development of a Young Change Leader internship programme and to recruit two new roles to implement it.
Greenwood Place - Grant to Ashoka
£150,000	01/06/2020	Unrestricted funding
Greenwood Place - Grant to Ashoka
£150,000	01/06/2019	Unrestricted funding
Greenwood Place - Grant to Ashoka
£16,000	01/04/2018	Unrestricted funding

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

Gender Split

Age Range of Trustees: 37-77

CHRISTOPHER PATRICK UNDERHILL Appointed: 2019, Occupation: Mentor

CONRAD WILLIAM CARTER Appointed: 2020, Occupation: Manager, Ngo Sector

LUCY FITCH PERKINS Appointed: 2018, Occupation: Non-Profit Leadership

YASHVEER SINGH Appointed: 2020, Occupation: Social Entrepreneur For Youth Leadership

Legal constitution

Charitable company registered in England & Wales on 10/03/2006, number: 1113246
Registered at Companies House on 18/09/2003, number: 04903565

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Paying staff
Risk management
Volunteer management

Filing Record

16 returns made; AR07: 21 days late,

Main office

First Floor
65 Gresham Street
LONDON
EC2V 7NQ

Objectives

TO SUPPORT AND PROMOTE SUCH ONE OR MORE EXCLUSIVELY CHARITABLE PURPOSES ANYWHERE IN THE WORLD AS THE CHARITY SHALL DETERMINE.CHARITABLE SHALL HAVE THE MEANING ASSIGNED TO IT BY THE LAW FOR THE TIME BEING IN FORCE IN ENGLAND AND WALES.CHARITABLE PURPOSES SHALL MEAN SUCH PURPOSES (WHETHER EFFECTED OR TO BE EFFECTED) AS SHALL FOR THE TIME BEING BE EXCLUSIVELY CHARITABLE.

Defined Area of Benefit:

WORLDWIDE

Data Sources