Finance Score: 0

Governance Score: 9

Support Score: 9

Low unrestricted reserves: -2
Strong growth: +2

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Award winner
Grant maker support: +9

Overall GiG Score: 18

FIVE TALENTS UK LTD

Five Talents works with a network of community partners who provide savings schemes alongside literacy and business training for communities who have been marginalised around the world.

Analysis by Giving is Great

Positives:

The charity has received backing from multiple prominent grant makers recently
This charity is a recent Award Winner
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

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

Established: 18 years

www.fivetalents.org.uk

info@fivetalents.org.uk

02038087643

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	Volun- teers
31/12/23	£1,434	£1,393	£41	£177	£565	£278	2.4	8	20
31/12/22	£1,172	£1,193	£-20	£128	£484	£206	2.1	7	20
31/12/21	£1,030	£920	£110	£94	£504	£191	2.5	6	10
31/12/20	£929	£934	£-5	£99	£394	£143	1.8	6	12
31/12/19	£824	£898	£-75	£102	£399	£108	1.4	6	10
31/12/18	£798	£704	£94	£86	£474	£98	1.7	4	0
31/12/17	£703	£598	£105	£75	£380	£69	1.4	4	0
31/12/16	£637	£543	£93	£53	£275	£187	4.1	4	0
31/12/15	£456	£463	£-8	£0	£0	£0	n/a	0	0
31/12/14	£473	£421	£52	£0	£0	£0	n/a	0	0
31/12/13	£520	£507	£13	£159	£137	£123	2.9	5	0
31/12/12	£511	£523	£-12	£141	£123	£117	2.7	5	0
31/12/11	£601	£596	£5	£110	£135	£126	2.5	5	0
31/12/10	£570	£512	£58	£91	£130	£109	2.6	4	0
31/12/09	£463	£446	£17	£0	£0	£0	n/a	0	0
31/12/08	£319	£313	£6	£0	£0	£0	n/a	0	0
31/12/07	£249	£237	£12	£0	£0	£0	n/a	0	0
31/12/06	£152	£114	£38	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 12.4%
Fundraising Costs/Total Spending: 12.7%
Highest pay band: Less than £60,000
Liabilities/Assets: 3%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 49%
Reserves/Spending: 2.4 months
Net Current Assets/Spending: 5 months
Quick Ratio: 22.5

Asset Split ?

Listed activities

Economic/Community Development/Employment

How it operates

Makes Grants to Organisations
Other charitable activities

Where it operates

Bolivia, Burma, Burundi, Congo (Democratic Republic), Kenya, Rwanda, South Sudan, Tanzania, Uganda,

Who it helps

Other Defined Groups

Who works here?

8 employees
20 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

Dulverton Trust	£129,969
The Bishop Radford Trust	£79,332
The Funding Network	£20,868
The EQ Foundation	£2,000

Specific Donations

Amount	When Months	To be used for
Dulverton Trust - Savings Groups and training in Marsabit
£37,600	08/02/2023	Savings Groups and training in Marsabit
The Bishop Radford Trust - Grant to Five Talents
£19,765	07/11/2022	Five Talents helps the poor in developing countries to start or expand a business. We do this by providing business training, savings schemes and small loans through local microfinance partners.This ....more Five Talents helps the poor in developing countries to start or expand a business. We do this by providing business training, savings schemes and small loans through local microfinance partners.This award was for the work in the Dominican Republic and Myanmar - towards savings groups
The Bishop Radford Trust - Grant to Five Talents
£19,805	07/11/2022	This award was for the work in the Dominican Republic and Myanmar - towards savings groups
The Funding Network - Women's education and empowerment in the DRC
£20,868	24/03/2021	Five Talents supports rural communities in eastern Africa facing economic hardship, providing a safe place to save and borrow money along with business skills training to start a small business.
The EQ Foundation - Grant to Five Talents
£2,000	10/03/2021	Via The Funding Network
The Bishop Radford Trust - Grant to Five Talents collaborative
£15,000	27/01/2021	Five Talents helps the poor in developing countries to start or expand a business. This award was for the work in the Dominican Republic and Myanmar - towards savings groups
The Bishop Radford Trust - Grant to Five Talents
£19,762	23/06/2020	Five Talents helps the poor in developing countries to start or expand a business. We do this by providing business training, savings schemes and small loans through local microfinance partners. This ....more Five Talents helps the poor in developing countries to start or expand a business. We do this by providing business training, savings schemes and small loans through local microfinance partners. This award was for the work in the Dominican Republic and Myanmar - towards savings groups
The Bishop Radford Trust - Grant to Five Talents
£5,000	14/10/2019	Five Talents helps the poor in developing countries to start or expand a business. They do this by providing business training, savings schemes and small loans through local microfinance partners. ....more Five Talents helps the poor in developing countries to start or expand a business. They do this by providing business training, savings schemes and small loans through local microfinance partners. Bishop Radford Trust supported their Kenyan savings group.
Dulverton Trust - Securing livelihoods in Baringo, Kenya
£92,369	12/06/2019	Securing livelihoods in Baringo, Kenya
Dulverton Trust - Empowering 7300 households in Kenya
£10,000	14/02/2018	Empowering 7300 households in Kenya
Dulverton Trust - towards financial services and training in rural Kenya
£10,000	11/02/2016	towards financial services and training in rural Kenya

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Based on 8/9 persons

Age Range of Trustees: 23-63

AGNES GITAU Appointed: 2019, Occupation: Partner, Gbs Africa

ANDREW BARTON Appointed: 2022, Occupation: Fundraising Consultant

GORDON SEABRIGHT Appointed: 2016, Occupation: Executive Director, Other trusteeship: PARKRUN GLOBAL LIMITED,

JOANNE MARTINE CETTI Appointed: 2021, Occupation: Civil Servant, Other trusteeship: THE MILITARY WIVES CHOIRS FOUNDATION,

MIRIAM PENNINGTON Appointed: 2022, Occupation: Student

NOWTASH ALSAFAR Appointed: 2022, Occupation: Investment Professional

RICHARD JOHN HARRISON GRAY Appointed: 2021, Occupation: Retired, Other trusteeship: KING'S CHURCH, GUILDFORD,

SIETSKE VAN DER PLOEG Appointed: 2019, Occupation: Head Of Impact And Partnerships At Mayor'S Fund

THOMAS JONES Appointed: 2020, Occupation: Lawyer

Legal constitution

Charitable company registered in England & Wales on 02/05/2006, number: 1113969
Registered at Companies House on 01/12/2005, number: 05641704

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
Investment
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
Volunteer management

Filing Record

18 returns made; all on time

Recent reorganisation events:

Asset transfer in from THE CITY OF LONDON SOCIAL INVESTMENT FUND on 01/12/2021

Main office

MARY SUMNER HOUSE
24 TUFTON STREET
LONDON
SW1P 3RB

Objectives

TO RELIEVE FINANCIAL HARDSHIP AMONG PEOPLE LIVING IN DEVELOPING COUNTRIES BY PARTNERING WITH THE INDIGENOUS ANGLICAN CHURCHES AND OTHER PARTNERS TO OPERATE QUALITY MICRO-ENTERPRISE DEVELOPMENT PROGRAMMES, THROUGH PROVISION OF TRAINING AND CAPITAL GRANTS, AND OTHER CHARITABLE ACTIVITIES CONSISTENT WITH THIS OBJECTIVE.

Defined Area of Benefit:

IN DEVELOPING COUNTRIES.

Data Sources