THIS CHARITY HAS BEEN REMOVED FROM THE CHARITY COMMISSION REGISTER

Finance Score: 0

Governance Score: 0

Support Score: 0

Removed: -50

(no info on trustees)

Overall GiG Score: -50

THE CHALLENGE NETWORK

Established: 15 years

Charity Commission for England and Wales

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
31/10/17	£69,810	£70,498	£-688	£97	£7,298	£7,159	1.2	1,292	917
31/10/16	£65,792	£68,310	£-2,518	£112	£7,976	£7,850	1.4	5,870	876
31/10/15	£52,956	£49,173	£3,783	£184	£10,715	£9,536	2.3	799	830
31/10/14	£37,647	£33,413	£4,234	£145	£6,932	£6,873	2.5	547	900
31/10/13	£27,279	£24,921	£2,359	£28	£2,699	£2,630	1.3	502	570
31/10/12	£16,433	£16,137	£296	£17	£340	£340	0.3	344	0
31/10/11	£5,328	£5,325	£3	£5	£44	£44	0.1	79	0
31/10/10	£0	£0	£0	£7	£377	£377	INF	14	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.1%
Fundraising Costs/Total Spending: 0.1%
Highest pay band: Less than £60,000
Liabilities/Assets: 62%
Liabilities/Income: 17%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 1.2 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1.1

Asset Split ?

Listed activities

Economic/Community Development/Employment
Education/Training

How it operates

Provides services

Where it operates

Throughout England,

Who it helps

Children/Young People

Who works here?

1,292 employees
917 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
Garfield Weston Foundation - Main Grants award
£30,000	16/05/2018	HeadStart
Greater London Authority - Grant to The Challenge Network
£350,000	22/10/2015	To deliver the Headstart London programme
Barrow Cadbury Trust - The Commission for Social Integration
£25,000	28/03/2014	The Commission for Social Integration
National Lottery Community Fund - The WRN (Waltham Forest, Redbridge and Newham) Challenge Society
£120,578	16/07/2013 36	This is the continuation and development of a project by The Challenge Network (TCN) which aims to bring together young people (YP) from across London, encouraging them to work together to strengthen ....more This is the continuation and development of a project by The Challenge Network (TCN) which aims to bring together young people (YP) from across London, encouraging them to work together to strengthen their community, develop their character and skills and achieve their potential, becoming active citizens in the community._x000B_
Dulverton Trust - the Warwickshire Challenge Society
£21,000	19/06/2013	the Warwickshire Challenge Society
National Lottery Community Fund - The Real Challenge
£170,125	10/08/2011 24	This is a development of an earlier pilot project, based in London, Birmingham and Bolton, which aims to strengthen communities and motivate younger people from different backgrounds and cultures by ....more This is a development of an earlier pilot project, based in London, Birmingham and Bolton, which aims to strengthen communities and motivate younger people from different backgrounds and cultures by bringing them together to take a more active role in local communities. Young people will design and deliver a social action project that will strengthen their local communities and make a lasting difference.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees

Sorry we have no information about the Trustees.

Legal constitution

Charitable company registered in England & Wales on 21/04/2009, number: 1129239

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

8 returns made; all on time

Main office

Objectives

THE CHARITY’S OBJECTS ARE RESTRICTED SPECIFICALLY, IN EACH CASE ONLY FOR THE PUBLIC BENEFIT TO: (A) ADVANCE IN LIFE AND HELP YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY (AND IN PARTICULAR THEIR LOCAL COMMUNITY) AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS IN PARTICULAR BUT NOT EXCLUSIVELY BY PROVIDING EDUCATION, COMMUNITY SERVICE AND OTHER ACTIVITIES. (B) THE PROMOTION OF EQUALITY AND DIVERSITY FOR THE PUBLIC BENEFIT BY FOR EXAMPLE: (I) THE ELIMINATION OF DISCRIMINATION INCLUDING, BUT NOT LIMITED, TO ISSUES OF RACE, GENDER, DISABILITY, SEXUAL ORIENTATION, RELIGION, AGE, SOCIOECONOMIC STATUS; (II) ADVANCING EDUCATION AND RAISING AWARENESS IN EQUALITY AND DIVERSITY; (III) PROMOTING ACTIVITIES TO FOSTER UNDERSTANDING BETWEEN PEOPLE FROM DIVERSE BACKGROUNDS; (IV) CONDUCTING OR COMMISSIONING RESEARCH ON EQUALITY AND DIVERSITY ISSUES AND PUBLISHING RESULTS TO THE PUBLIC; (V) CULTIVATING A SENTIMENT IN FAVOUR OF EQUALITY AND DIVERSITY.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE LOCAL

Data Sources