CharityDetail

What it does
  • MyBnk brings financial education and enterprise to life in UK schools and youth groups. We provide workshops and business experiences using real money covering a rage topics from budgeting and student finance to debt and social enterprise.
Who works here
  • 31 employees and 180 volunteers.
Who it helps
  • Children/young People
Sector(s) covered
  • Education/training
Where it operates
  • Throughout England
How it's governed
  • UK Charity, number: 1123791
  • First registered on 21/04/2008
UN SDGs
?
Quality Education
Decent Work & Economic Growth
Reduced Inequalities
Financial Data
Y/E Income Expenditure Surplus Assets Months
Reserves
Employees Volunteers Filed on
31/08/2018 £1,583,953 £1,535,412 £48,541 4 31 180 28/02/2019
31/08/2017 £1,551,592 £1,242,595 £308,997 £475,581 4 22 40 15/06/2018
31/08/2016 £1,100,619 £1,142,619 -£42,000 £166,584 1 22 15 28/04/2017
31/08/2015 £1,064,510 £1,040,126 £24,384 £216,040 2 21 25 11/02/2016
31/08/2014 £959,508 £1,038,579 -£79,071 £191,656 2 22 14 14/03/2015
31/08/2013 £928,997 £766,097 £162,900 £270,727 4 18 8 22/02/2014
31/08/2012 £683,604 £682,476 £1,128 £107,827 1 16 11 16/02/2013
31/08/2011 £608,913 £518,285 £90,628 £106,699 2 12 12 12/05/2012
31/08/2010 £320,388 £325,952 -£5,564 01/04/2011
31/08/2009 £214,794 £197,363 £17,431 05/01/2010
Donations received

Over the last five years they've received significant donations from 7 grant making charities totalling £437,078

Amount/
When
Donor To be used for
£75,000
30/06/2018
Garfield Weston Foundation Programme Development and Delivery
£60,000
29/02/2016
Paul Hamlyn Foundation MyBnk designs and delivers financial and enterprise workshops to young people aged 11-25 in schools and youth organisations. The grant is to fund the Quality and Training Director who leads on operations, monitoring and evaluation. MyBnk is expanding into the South West currently and plans to expand further to the Midlands and North over the next couple of years. It also wants to grow its work focusing on the most vulnerable young people and to evidence its impact and the social return on investment it achieves, so that it can attract funding from new sources.
£60,000
30/04/2015
City Bridge Trust £60,000 for one year towards the costs of the Money Works programme specifically for young care leavers. The sum includes a 15% contribution to core costs.
£10,000
10/09/2014
National Lottery Not Available
£125,078
31/05/2014
Esmee Fairbairn Towards core costs of an organisation that delivers financial and enterprise education.
£72,000
31/01/2014
Dulverton Trust MyBnk Expansion in the South-West
£35,000
31/12/2013
Tudor Trust over one year as continuation funding for personal finance and enterprise education work with young people across the UK
Governance
Trustees (8)
  • Margaret Mary Louise Morrissey
  • Viral Kataria
  • Karim Kefi
  • Elisabetta Lapenna-Huda
  • Simona Paravani-Mellinghoff
  • Gary Coyle
  • Carol Lesley Knight
  • Yasmin Amber Drakes
Main office

MyBnk Ltd
5-15 Cromer Street
LONDON
WC1H 8LS

Objectives

ALL PURPOSES WHICH ARE CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES INCLUDING, TO ACT AS A RESOURCE FOR YOUNG PEOPLE BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF: 1 ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS; OR 2 ADVANCING EDUCATION; OR 3 RELIEVING FINANCIAL HARDSHIP.