Finance Score: -4

Governance Score: 5

Support Score: 3

Accounts filed more than 5 days late: -3 times
Volatile income
spending growth: -1
No PartB

No conflicts policy: -1
Good trustee age range: +3
Gender balanced board: +3

Grant maker support: +3

Overall GiG Score: 4

MAGMA POETRY

The publication of poetry and writing about poetry.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of age and gender

Regulatory & Governance issues to consider:

This charity does not have a Conflict of Interests policy

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Accounts have been filed late on 3 occasions over the last 5 years and the current period appears to have been extended
Income has been volatile recently but spending has been maintained

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
31/12/22	*	£31	£34	£-4	n/a	n/a	n/a	n/a	n/a	0
31/12/21	*	£43	£39	£4	n/a	n/a	n/a	n/a	n/a	2
31/12/20		£44	£33	£11	n/a	n/a	n/a	n/a	n/a	2
31/12/19	*	£32	£33	£-2	n/a	n/a	n/a	n/a	n/a	5
31/12/18		£41	£33	£8	£0	£0	£0	n/a	0	10
31/12/17	*	£29	£35	£-6	£0	£0	£0	n/a	0	0
31/12/16		£21	£28	£-7	£0	£0	£0	n/a	0	0
31/12/15		£20	£27	£-7	£0	£0	£0	n/a	0	0
31/12/14		£21	£23	£-3	£0	£0	£0	n/a	0	0
31/12/13		£30	£21	£9	£0	£0	£0	n/a	0	0
31/12/12		£20	£24	£-4	£0	£0	£0	n/a	0	0
31/12/11		£28	£17	£11	£0	£0	£0	n/a	0	0

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Highest pay bracket: less than £60,000

Established: 13 years
(17 years as a company)

www.magmapoetry.com

info@magmapoetry.com

07903794423

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science

GiG Classification

Museums, parks, historical sites

How it operates

Other charitable activities

Where it operates

Throughout England And Wales,

Who it helps

The General Public/Mankind

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
The Foyle Foundation - Small Grants
£3,000	03/12/2021	towards the 'Solitude' issue of Magma, issue 83, with a focus on mental health
Fenton Arts Trust - Grant to Magma Poetry
£5,450	01/07/2021	Publication of the 82nd issue of Magma Poetry, which will highlight and showcase Black poets in partnership with the Obsidian Foundation.

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: 27-80

OLUGBOYEGA ABAYOMI-ODUBANJO Appointed: 2020, Occupation: Student

DAVID FLOYD Appointed: 2017, Occupation: Consultant

FIONA CHARLOTTE MOORE Appointed: 2020, Occupation: Writer

HELEN CATHERINE NICHOLSON Appointed: 2007, Occupation: Researcher

LEONARDO BOIX Appointed: 2020, Occupation: Writer Journalist

LISA KELLY (Chair) Appointed: 2016, Occupation: Journalist

MR LAURIE SMITH, Occupation: Research Associate At Kings College London

SELINA RODRIGUES Appointed: 2020, Occupation: Development Leader

SUSANNAH HART Appointed: 2015, Occupation: Brand Consultant

Legal constitution

Charitable company registered in England & Wales on 01/04/2011, number: 1141075
Registered at Companies House on 19/02/2007, number: 06113525

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Safeguarding vulnerable beneficiaries

Filing Record

12 returns made; AR22: 20 days late, AR21: 10 days late, AR19: 69 days late, AR17: 112 days late,

Main office

23 PINE WALK
CARSHALTON
SM5 4ES

Objectives

TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE ART OF POETRY AND TO PROMOTE THE ART OF POETRY FOR THE PUBLIC BENEFIT, IN PARTICULAR, BUT NOT EXCLUSIVELY, BY THE READING, WRITING, PERFORMANCE, DISSEMINATION AND STUDY OF POETRY IN ANY FORM AND CONTEXT AND BY THE PRODUCTION OF A MAGAZINE

Data Sources