Finance Score: 1

Governance Score: 6

Support Score: 8

Liabilities <10%: +3
Excess reserves: -5
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3

Grant maker support: +8

Overall GiG Score: 15

ST MARGARET'S HOUSE

Multi-purpose community centre

Analysis by Giving is Great

Positives:

The charity has received backing from multiple prominent grant makers recently
This charity has a robust balance sheet
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £6,679,487 available, equivalent to 80 months of spending and so may not be able to utilise additional funding

Established: 12 years

www.stmargaretshouse.org.uk

info@stmargaretshouse.org.uk

02089802092

Charity Commission for England and Wales

Tweets

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
31/03/23	*	£1,037	£1,005	£31	£0	£6,726	£6,679	79.7	20	25
31/03/22		£1,024	£982	£42	£0	£6,716	£6,660	81.4	19	35
31/03/21		£809	£724	£85	£0	£6,709	£6,668	110.6	22	18
31/03/20	*	£1,026	£1,130	£-104	£0	£6,630	£6,626	70.3	28	30
31/03/19		£1,079	£1,124	£-45	£0	£6,732	£6,727	71.8	27	45
31/03/18		£1,049	£992	£56	£0	£6,779	£6,779	82	28	0
31/03/17		£996	£895	£101	£0	£6,738	£6,738	90.3	28	0
31/03/16		£967	£839	£127	£0	£6,627	£6,627	94.7	26	0
31/03/15		£975	£826	£150	£10	£4,033	£4,033	58.6	29	0
31/03/14		£4,240	£362	£3,878	£6	£3,884	£3,634	120.4	26	0
31/03/13	*	£6	£0	£6	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.6%
Fundraising Costs/Total Spending: 0.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 7%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 79.7 months
Net Current Assets/Spending: 2 months
Quick Ratio: 2.6

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Economic/Community Development/Employment
Education/Training
General Charitable Purposes
Human Rights/Religious Or Racial Harmony/Equality Or Diversity
Recreation
Religious Activities
The Advancement Of Health Or Saving Of Lives

How it operates

Acts as an umbrella or resource body
Provides buildings/facilities/open space
Provides services

Where it operates

Tower Hamlets,

Who it helps

The General Public/Mankind

Who works here?

20 employees
25 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.

Major supporters in last 5 years

City Bridge Trust	£121,065
National Lottery Heritage Fund	£103,801
DCMS	£39,722
BBC Children in Need	£28,756
The Foyle Foundation	£20,000
Sport England	£17,280
National Lottery Community Fund	£12,896

Specific Donations

Amount	When Months	To be used for
Sport England - Jubilee Fund - Making Time for Movement
£7,300	16/09/2022	This project will deliver a 30 week physical fitness programme for Bangladeshi women in Bethnal Green, London. The project will deliver a range of activities; NIA dance, mixed HIIT and therapeutic ....more This project will deliver a 30 week physical fitness programme for Bangladeshi women in Bethnal Green, London. The project will deliver a range of activities; NIA dance, mixed HIIT and therapeutic fitness to support the group.The sessions will run weekly for 1 hour at 4 venues, all in IMD 2-3 areas. There will be 20 participants per group and sessions will run for 30 weeks.
National Lottery Heritage Fund - Grant to St Margaret's House
£58,601	11/02/2022	Mendoza Mania
National Lottery Community Fund - Open Up Again!
£4,004	08/09/2021	A bright warm fresh and safe space that many different groups can come together connect build skills play chat and laugh.
Sport England - COVID19 Return to Play
£9,980	24/06/2021 7	Funding under Sport England's Return to Play - Small Grants funding programme for a Revenue project titled COVID19 Return to Play. This project is a Multi Sports project, with a focus on ....more Funding under Sport England's Return to Play - Small Grants funding programme for a Revenue project titled COVID19 Return to Play. This project is a Multi Sports project, with a focus on beneficiaries from a BAME background.
The Foyle Foundation - Arts
£20,000	24/11/2020	towards signage, access improvements and new seating (awarded grant in response to coronavirus)
DCMS - Coronavirus Community Support Fund
£9,177	07/08/2020	"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more "The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public services.2) To ensure essential services are provided to vulnerable people, both in the short and long term through increased community support through the work of charitable organisations."
BBC Children in Need - Grant to St. Margaret's House
£1,870	17/06/2020	COVID19 - This grant will fund 4 x Zoom sessions, 4 holiday days, space hire and online safeguarding training and refreshments for locally deprived children and young people who are isolated at home ....more COVID19 - This grant will fund 4 x Zoom sessions, 4 holiday days, space hire and online safeguarding training and refreshments for locally deprived children and young people who are isolated at home due to Covid-19, and help them improve their self-confidence.
City Bridge Trust - Grant to St Margaret's House Settlement
£16,105	11/06/2020	£16,105 towards costs as outlined in your application, excluding the ELC Junk Orchestra.
DCMS - Go Forward
£30,545	01/04/2020	To support Arts and Culture throughout England
City Bridge Trust - Grant to St Margaret's House Settlement
£104,960	26/03/2020 36	A grant of £104,960 over three years (£36,340; £34,380; £34,240) towards the salary, running and project management costs of the arts programme for disabled adults.
National Lottery Heritage Fund - Grant to St Margaret's House
£45,200	05/02/2020	Molly's Masquerade!
National Lottery Community Fund - Woodwork for Wellbeing
£8,892	07/06/2019 12	The project will run woodworking workshops for local men, with the aim to improve wellbeing and mental health and reduce social isolation.
BBC Children in Need - Grant to St. Margaret's House
£26,886	21/05/2019 36	This project will provide comedy workshops for young people who are affected by economic deprivation and will provide an opportunity to develop confidence and increase friendships and resilience.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)

Current Trustees appointed

Age Range of Trustees: 30-74

ANNIE MADDOCK Appointed: 2022, Occupation: Comms Manager

BARBARA PERROTT Appointed: 2014, Occupation: Retired

EUGENE LOWRIE Appointed: 2021, Occupation: It Consultant

LARA EL GIBALY Appointed: 2023

MANA MAHIL Appointed: 2019, Occupation: Investment Banker

RALUCA-SIMINA NEAGU Appointed: 2023, Occupation: Project Manager

REV BRIAN CHARLES RALPH Appointed: 2021, Occupation: Vicar

SHAMIMARA CHOUDHURY Appointed: 2013

SAPNA AJWANI Appointed: 2022, Occupation: Chartered Accountant, Other trusteeship: STEPNEY CITY FARM,

TRACY KARKUT-LAW Appointed: 2021, Occupation: Homeopath

Legal constitution

Charitable company registered in England & Wales on 05/09/2012, number: 1148832
Registered at Companies House on 24/05/2011, number: 07645599

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
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

11 returns made; AR23: 15 days late, AR20: 2 days late, AR13: 61 days late,

Main office

ST. MARGARETS HOUSE
21 OLD FORD ROAD
LONDON
E2 9PL

Objectives

1) TO PROVIDE A CENTRE OR CENTRES CONDUCTED ACCORDING TO CHRISTIAN PRINCIPLES FOR THE ADVANCEMENT OF THE CHRISTIAN RELIGION FOR THE ADVANCEMENT OF EDUCATION THE RELIEF OF NEED HARDSHIP OR DISTRESS AND OTHER CHARITABLE PURPOSES FOR THE GENERAL BENEFIT OF THE INHABITANTS OF THE NEIGHBOURHOOD OF THE BOROUGH OF TOWER HAMLETS AND FOR THOSE PURPOSES (AND WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING) THE CHARITY MAY PROVIDE RESIDENTIAL ACCOMMODATION FOR ANY PERSON SHARING IN THAT WORK,2) TO DEVELOP THE CAPACITY AND SKILLS OF THE MEMBERS OF THE SOCIALLY DISADVANTAGED COMMUNITY IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY, AND HELP MEET, THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY, AND3) SUCH OTHER CHARITABLE PURPOSES AS DETERMINED BY THE BOARD FROM TIME TO TIME

Data Sources