Finance Score: 0

Governance Score: 9

Support Score: 12

Low unrestricted reserves: -2
Strong growth: +2

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

Award winner
Overall weighted support: +12

Overall GiG Score: 21

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 several 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

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit £k	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	n/a	n/a	n/a	n/a	n/a	n/a
31/12/14	£473	£421	£52	n/a	n/a	n/a	n/a	n/a	n/a
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	n/a	n/a	n/a	n/a	n/a	n/a
31/12/08	£319	£313	£6	n/a	n/a	n/a	n/a	n/a	n/a
31/12/07	£249	£237	£12	n/a	n/a	n/a	n/a	n/a	n/a
31/12/06	£152	£114	£38	n/a	n/a	n/a	n/a	n/a	n/a

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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 ?

Balance Sheet History

Established: 19 years

www.fivetalents.org.uk

info@fivetalents.org.uk

02038087643

Charity Commission for England and Wales

Tweets

Listed activities

Economic/Community Development/Employment
Education/Training
The Prevention Or Relief Of Poverty

GiG Classification

International poverty relief

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 supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

Dulverton Trust	£78,001
The Bishop Radford Trust	£74,332
The Jerusalem Trust	£50,000
The Funding Network	£40,096

Specific Donations

Amount	When Months	To be used for
Dulverton Trust - Literacy and Savings Groups in Marsabit
£40,401	12/06/2024	Literacy and Savings Groups in Marsabit
The Jerusalem Trust - Towards the scaling up of a savings group programme
£50,000	22/03/2024 24	Christian Evangelism and Relief overseas
Dulverton Trust - Savings Groups and training in Marsabit
£37,600	08/02/2023	Savings Groups and training in Marsabit
The Funding Network - Unlocking programme growth in eastern Africa.
£19,228	16/11/2022	Five Talents’ mission is to transform lives through economic empowerment. We aim to eradicate extreme poverty by restoring human dignity and creating strong, sustainable communities.
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 award was for the work in the Dominican Republic ....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 award was for the work in the Dominican Republic ....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. Bishop Radford Trust supported their Kenyan savings ....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

JOANNE MARTINE CETTI Appointed: 2021, Occupation: Civil Servant

MIRIAM PENNINGTON Appointed: 2022, Occupation: Student

NOWTASH ALSAFAR Appointed: 2022, Occupation: Investment Professional

RICHARD JOHN HARRISON GRAY Appointed: 2021, Occupation: Retired

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

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