Finance Score: -14

Governance Score: -1

Support Score: 3

Liabilities <10%: +3
Excess reserves: -4
Large legacies income: +1
Accounts overdue -5
Multiple Deficits and declines: -5
Fundraising costs high: -4

No conflicts policy: -1

Grant maker support: +3

Overall GiG Score: -12

SWANSEA BAY UNIVERSITY LHB CHARITABLE FUND AND OTHER RELATED CHARITIES

To support the provision of Healthcare to the population of the Swansea and Neath, Port Talbot areas

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker recently
This charity has a robust balance sheet
This charity has received considerable income from legacies in recent years

Regulatory & Governance issues to consider:

This charity does not have a Conflict of Interests policy
This charity uses a corporate trustee

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £4,857,000 available, equivalent to 42 months of spending and so may not be able to utilise additional funding
Latest accounts are overdue for filing
Income has been volatile and on several occasions in recent years less than spending
Fundraising costs are extremely high relative to funds raised

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	Volun- teers
31/03/23		£871	£1,378	£-507	£278	£5,191	£4,857	42.3	7
31/03/22		£1,152	£1,314	£-162	£200	£6,070	£5,506	50.3	7
31/03/21		£1,543	£1,200	£343	£133	£5,955	£5,296	53	10
31/03/20		£1,494	£2,125	£-631	£47	£4,868	£4,576	25.8	4
31/03/19		£1,586	£2,082	£-496	£10	£5,997	£5,970	34.4	2
31/03/18		£1,300	£2,170	£-870	£0	£6,237	£6,210	34.3	0
31/03/17		£1,794	£1,881	£-87	£0	£7,184	£7,184	45.8	0
31/03/16		£2,384	£1,641	£743	£0	£6,503	£6,503	47.6	0
31/03/15		£1,341	£1,485	£-144	£4	£5,925	£5,925	47.9	0
31/03/14		£1,531	£1,570	£-39	£4	£5,715	£5,715	43.7	0
31/03/13		£1,614	£1,864	£-250	£4	£5,548	£0	n/a	0
31/03/12		£2,113	£1,941	£172	£4	£5,360	£5,360	33.1	0
31/03/11		£1,670	£1,784	£-114	£4	£5,169	£5,169	34.8	0
31/03/10	*	£1,588	£1,942	£-354	£4	£5,081	£5,081	31.4	0
31/03/09	*	£1,967	£2,097	£-130	£4	£4,542	£4,542	26	0

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Financial Ratios

Fundraising Costs/Relevant Income: 43.2%
Fundraising Costs/Total Spending: 21.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 5%
Liabilities/Income: 28%
Unrestricted Funds/Total Funds: 94%
Reserves/Spending: 42.3 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.8

Asset Split ?

Established: 16 years

SwanseaBay.HealthCharity@wales.nhs.uk

01639683676

Charity Commission for England and Wales

Listed activities

The Advancement Of Health Or Saving Of Lives

GiG Classification

Services for people with disabilities

How it operates

Makes Grants to Organisations
Provides other finance

Where it operates

City Of Swansea, Neath Port Talbot,

Who it helps

The General Public/Mankind

Who works here?

Unknown number of employees
7 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.

Specific Donations

Amount	When Months	To be used for
Nesta - AC01336
£42,000	19/04/2021 14	HARP Nourish (Scale & Sustain) - Y Lab programme grant to Swansea Bay University Health Board Grant Ref AC01336
Nesta - AC00846
£30,000	07/11/2018 8	Y Lab - Innovate to Save programme grant to Abertawe Bro Morgannwg University Health Board Grant Ref AC00846

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (1)

Swansea Bay University LHB

Legal constitution

Charity registered in England & Wales on 15/02/2008, number: 1122805

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Healthcare Inspectorate Wales (HIW)

Policies in force

Internal charity financial controls policy and procedures
Investment
Volunteer management

Filing Record

15 returns made; AR10: 2 days late, AR09: 30 days late,

Recent reorganisation events:

Asset transfer in from FAIRWOOD HOSPITAL CHARITY on 10/05/2019

Main office

SWANSEA BAY UNIVERSITY
LOCAL HEALTH BOARD
1 TALBOT GATEWAY
SEAWAY PARADE
BAGLAN
PORT TAL

Objectives

SEE CONSTITUENT CHARITIES

Defined Area of Benefit:

NOT DEFINED

Data Sources