Finance Score: -3
Governance Score: -5
Support Score: 5
  • Deficit on unrestricted reserves: -2
  • Reasonable growth: +1
  • Deficit latest year: -2
  • Only 3 Trustees: -2
  • All male board: -3
  • Overall weighted support: +5
Overall GiG Score: -3 ?

THE HANOVER BAND FOUNDATION

Administration of the period Instrument Orchestra The Hanover Band
Analysis by Giving is Great

Positives:

  • This charity has an endowment fund which generates most of its income
  • There has been reasonable growth in spending over the last 3 years relative to the previous period
  • A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

  • There are only 3 trustees
  • The Board is completely male

Financial issues to consider:

  • There was a deficit on unrestricted reserves of £78,179 at the last year end after deducting the value of own use assets
  • There has been a change of accounting period recently, so trends may be hard to determine
  • Income was lower than spending in the latest year

Financial Data ?

Income & Spending ?
N.B. data has been adjusted to reflect year end change
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?£626£721£-94£10£-78£-78-1.313
30/06/22*£381£421£-40n/an/an/an/an/an/a
30/06/21£525£475£50£0£66£661.732
30/06/20£270£308£-38n/an/an/an/an/an/a
30/06/19£363£363£0n/an/an/an/an/an/a
30/06/18£287£294£-7n/an/an/an/an/an/a
30/06/17£449£403£46n/an/an/an/an/an/a
30/06/16£292£262£31n/an/an/an/an/an/a
30/06/15£276£309£-33n/an/an/an/an/an/a
30/06/14£196£187£9n/an/an/an/an/an/a
30/06/13£171£172£-1n/an/an/an/an/an/a
30/06/12£92£84£8n/an/an/an/an/an/a
30/06/11£45£40£5n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 171%
Liabilities/Income: 45%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: -1.3 months
Net Current Assets/Spending: -1 months
Quick Ratio: 0.3
Asset Split ?
Balance Sheet History
Established: 14 years

www.thehanoverband.com

stephen@thehanoverband.com

01903889996

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
GiG Classification
  • Performing and visual arts
How it operates
  • Provides services
Where it operates
  • Throughout England,
Who it helps
  • The General Public/Mankind

Who supports 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
DCMS£95,904
Garfield Weston Foundation£15,000
The Grocers' Charity£475
Specific Donations
Amount When
Months
To be used for
DCMS - Culture Recovery Fund: Emergency Resource Support
£95,904 21/02/2022
This fund aims to provide emergency funding awards to culturally significant organisations that were financially sustainable before Covid-19 but are now at imminent risk of failure and have exhausted ....more
Garfield Weston Foundation - Main Grants award
£15,000 14/02/2020
Beethoven Youth Orchestras - Nurturing the Next Generation
The Grocers' Charity - 2020 The Hanover Band Foundation
£475 25/10/2019
Investing in young leaders and peer support
The Foyle Foundation - Arts
£25,000 25/04/2019
towards the new Nurturing the Next Generation programme and the Beethoven Music Day

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)
Current Trustees appointed
Gender Split

  • DAVID ARTHUR COOPER MBA FCA Appointed: 2015
  • LAURENCE JOHN WATT Appointed: 2014
  • STEPHEN NEIMAN Appointed: 2023
Legal constitution
  • Charity registered in England & Wales on 16/09/2010, number: 1138061
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
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • 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
13 returns made; AR22: 42 days late,
Main office

TARRANT PLACE
65 TARRANT STREET
ARUNDEL
BN18 9DJ

Objectives

TO PROMOTE THE STUDY AND EDUCATION OF THE PUBLIC IN THE ARTS AND PARTICULARLY IN THE ART OF MUSIC AND ITS HISTORY WITH A SPECIAL REGARD TO THE MUSIC OF THE SEVENTEETH, EIGHTEENTH AND NINETEENTH CENTURIES.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, NATIONAL

Data Sources

Charity Commission for England and Wales
360 Giving

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great