Overall GiG Score: 19 ?
Finance Score: 1
Governance Score: 6
Support Score: 12
  • Low unrestricted reserves: -2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Large volunteers +5
  • Grant maker support: +7

EAST LONDON BUSINESS ALLIANCE 

To promote and improve the efficiency of charities, community organisations and other regeneration bodies and to support them in direct furtherance of their respective objects through the promotion of private and public sector involvement in the economic and social improvement and development of East London.
Analysis by Giving is Great

Positives:

  • This charity has been very successful in attracting volunteers relative to its size
  • 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 gender

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial issues to consider:

  • Unrestricted reserves appear to be dangerously low at the latest year end
Established: 16 years
(23 years as a company)

www.elba-1.org.uk

info@elba-1.org.uk

02070686960

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£3,929£3,979£-50£23£1,464£5371.67012,718
31/03/22£3,714£3,545£170£23£1,514£4851.6776,777
31/03/21£3,621£3,221£401£21£1,344£4641.7605,871
31/03/20£3,291£3,184£107£20£943£4201.66412,583
31/03/19£3,247£3,147£101£20£836£3241.26812,233
31/03/18£3,689£3,816£-127£20£735£2540.8800
31/03/17£3,870£4,088£-218£20£862£4741.4920
31/03/16£4,015£3,894£121£37£1,080£6662.1890
31/03/15£3,019£3,170£-151£56£959£5262660
31/03/14£2,997£3,054£-56£55£1,110£3991.6700
31/03/13£4,033£4,207£-174£56£1,166£4011.1500
31/03/12£4,257£3,638£619£54£1,340£3901.3500
31/03/11*£3,085£3,034£51£57£721£3681.5520
31/03/10£3,435£3,374£61£38£670£2761570
31/03/09£3,703£3,897£-193£41£609£2150.7590

Financial Ratios
Fundraising Costs/Relevant Income: 0.9%
Fundraising Costs/Total Spending: 0.6%
Senior Staff Costs/Total Spending: 12%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 38%
Liabilities/Income: 23%
Unrestricted Funds/Total Funds: 37%
Reserves/Spending: 1.6 months
Net Current Assets/Spending: 4 months
Quick Ratio: 1.8
Asset Split ?
What it does
  • Amateur Sport
  • Arts/Culture/Heritage/Science
  • Economic/Community Development/Employment
  • Education/Training
  • Environment/Conservation/Heritage
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
Who works here?
  • 70 employees
  • 12,718 volunteers
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities
  • The General Public/Mankind
How it operates
  • Provides advocacy/advice/information
  • Provides human resources
Where it operates
  • Throughout London,

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
Cripplegate Foundation£330,000
Trust for London£174,400
National Lottery Community Fund£90,000
Specific Donations
Amount When
Months
To be used for
Trust for London - East London Business Alliance
£94,000 13/10/2021
24
The funding is for a 2 year extension and expansion of the MOU initiative in Newham enabling us to further integrate and solidify the collective impact approach and partnership locally across ....more
Cripplegate Foundation - Grant To East London Business Alliance
£255,000 28/04/2020
BIG - Core programme costs
National Lottery Community Fund - Reduce Isolation
£90,000 01/07/2019
36
The project will use the funding to expand their work with older people, reach more beneficiaries in the community and strengthen the connections and networks between community organisations working ....more
Trust for London - East London Business Alliance
£80,400 05/06/2019
24
The funding is for dedicated resource costs that will enable ELBA to; reach out to young black men who are resident in Newham, work directly with employers to identify and tackle recruitment and ....more
Cripplegate Foundation - Grant To East London Business Alliance
£75,000 11/04/2019
Mentoring Works
Cripplegate Foundation - Grant To East London Business Alliance
£346,667 09/02/2017
Towards the costs of developing the BIG Alliance from 2017-2020
Cripplegate Foundation - Grant To East London Business Alliance
£300,000 15/09/2016
Towards the cost of schools mentoring programme 2016 - 2019.
Cripplegate Foundation - Grant To East London Business Alliance
£75,000 15/09/2016
Towards the development of the BIG Alliance -
Esmee Fairbairn - Grant to East London Business Alliance
£90,000 09/10/2013
Towards a programme to raise the aspirations and develop the career options of disadvantaged pupils in Waltham Forest and Newham secondary schools and to improve the governance and operational ....more
Show more rows

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: 39-66
Legal constitution
  • Charitable company registered in England & Wales on 03/01/2008, number: 1122173
  • Registered at Companies House on 09/01/2001, number: 04138032
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity 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
  • 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
15 returns made; AR11: 16 days late,
Main office

East London Business Alliance
5 Greenwich View Place
London
E14 9NN

Objectives

TO PROMOTE AND IMPROVE THE EFFICIENCY OF CHARITIES, COMMUNITY ORGANISATIONS, PUBLIC SECTOR AGENCIES AND OTHER REGENERATION BODIES IN LONDON, PARTICULARLY, BUT NOT LIMITED TO, THOSE ACTIVE IN THE EAST LONDON BOROUGHS OF HACKNEY, NEWHAM, TOWER HAMLETS, GREENWICH AND WALTHAM FOREST AS WELL AS ISLINGTON AND TO SUPPORT THEM IN DIRECT FURTHERANCE OF THEIR RESPECTIVE OBJECTS THROUGH THE PROMOTION OF PRIVATE AND PUBLIC SECTOR INVOLVEMENT IN THE ECONOMIC AND SOCIAL IMPROVEMENT AND DEVELOPMENT OF LONDON;(2) TO PROMOTE FOR THE BENEFIT OF THE PUBLIC, URBAN REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION IN LONDON (AND IN PARTICULAR THE BOROUGHS REFERRED TO IN SUB-CLAUSE (1) ABOVE) BY ALL OR ANY OF THE FOLLOWING MEANS: (A) THE RELIEF OF FINANCIAL HARDSHIP; (B) THE RELIEF OF UNEMPLOYMENT; (C) THE ADVANCEMENT OF EDUCATION, TRAINING OR RETRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE; (D) THE PROVISION OF FINANCIAL ASSISTANCE, TECHNICAL ASSISTANCE OR BUSINESS ADVICE OR CONSULTANCY IN ORDER TO PROVIDE TRAINING AND EMPLOYMENT OPPORTUNITIES FOR UNEMPLOYED PEOPLE IN CASE OF FINANCIAL OR OTHER CHARITABLE NEED THROUGH HELP (I) IN SETTING UP THEIR OWN BUSINESS, OR (II) TO EXISTING BUSINESSES; (E) THE CREATION OF TRAINING AND EMPLOYMENT OPPORTUNITIES BY THE PROVISION OF WORKSPACE, BUILDINGS AND/OR LAND FOR USE ON FAVOURABLE TERMS; (F) THE PROVISION OF HOUSING FOR THOSE WHO ARE IN CONDITIONS OF NEED AND THE IMPROVEMENT OF HOUSING IN THE PUBLIC SECTOR OR IN CHARITABLE OWNERSHIP PROVIDED THAT THE POWER SHALL NOT EXTEND TO RELIEVING ANY LOCAL AUTHORITIES OR OTHER BODIES OF A STATUTORY DUTY TO PROVIDE OR IMPROVE HOUSING; (G) THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES; (H) THE PROVISION OF RECREATIONAL FACILITIES FOR THE PUBLIC AT LARGE OR THOSE WHO BY THE REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES, HAVE NEED OF SUCH FACILITIES; (I) THE PROTECTION OR CONSERVATION OF THE ENVIRONMENT; (J) THE PROVISION OF PUBLIC HEALTH FACILITIES AND CHILDCARE; (K) THE PROMOTION OF PUBLIC SAFETY AND PREVENTION OF CRIME; AND (L) SUCH OTHER MEANS AS MAY FROM TIME TO TIME BE DETERMINED SUBJECT TO THE PRIOR WRITTEN CONSENT OF THE CHARITY COMMISSIONERS OF ENGLAND AND WALES.

Defined Area of Benefit:

NOT DEFINED. IN PRACTICE, LONDON

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
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