Finance Score: 1

Governance Score: 2

Support Score: 4

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

12+ Trustees: -1
Dynamic board: +3

Grant maker support: +4

Overall GiG Score: 7

THE HONOURABLE THE IRISH SOCIETY

THE OBJECTS OF THE SOCIETY SHALL BE THE PROMOTION OF ANY EXCLUSIVELY CHARITABLE PURPOSES FOR THE BENEFIT OF THE COMMUNITY OF THE COUNTY OF LONDONDERRY AND NEIGHBOURING AREAS

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
This charity has a robust balance sheet
Fundraising costs are unusually low relative to funds raised
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

There are 15 trustees whereas the Charities Commission recommends a maximum of 12
Over half the Board have joined recently

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £11,899,399 available, equivalent to 224 months of spending and so may not be able to utilise additional funding

Established: 11 years

www.honourableirishsociety.org.uk

office@irishsociety.co.uk

02870344796

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
30/04/23	£677	£636	£41	£0	£12,066	£11,899	224.5	6
30/04/22	£649	£576	£73	£0	£12,318	£12,162	253.6	6
30/04/21	£654	£606	£48	£0	£12,437	£12,280	243.2	6
30/04/20	£665	£619	£46	£0	£10,753	£10,626	206	6
30/04/19	£643	£625	£17	£0	£11,310	£11,201	214.9	6
30/04/18	£624	£562	£62	£0	£11,422	£11,346	242.3	5
30/04/17	£592	£476	£117	£0	£11,227	£11,205	282.8	6
30/04/16	£562	£540	£22	£0	£10,323	£10,323	229.3	7
30/04/15	£533	£440	£93	£205	£10,399	£10,399	283.6	7
30/04/14	£479	£418	£61	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 2.7%
Fundraising Costs/Total Spending: 1%
Senior Staff Costs/Total Spending: 12%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 2%
Liabilities/Income: 28%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 224.5 months
Net Current Assets/Spending: 5 months
Quick Ratio: 1.4

Asset Split ?

Listed activities

General Charitable Purposes

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides buildings/facilities/open space
Provides services
Sponsors or undertakes research

Where it operates

Northern Ireland,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
People With Disabilities

Who works here?

6 employees

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 Clothworkers Foundation - Grant to The Honourable The Irish Society
£20,000	14/09/2023	To distribute small grants across cross community organisations in Northern Ireland during 2022-23
The Clothworkers Foundation - Grant to The Honourable The Irish Society
£20,000	07/10/2022	To distribute small grants across cross community organisations in Northern Ireland during 2022-23
The Clothworkers Foundation - Grant to The Honourable The Irish Society
£20,000	22/10/2021	To distribute small grants across cross community organisations in Northern Ireland during 2021-22
The Clothworkers Foundation - Grant to The Honourable The Irish Society
£20,000	28/04/2020	To distribute small grants across cross community organisations in Northern Ireland during 2020-21
The Clothworkers Foundation - Grant to The Honourable The Irish Society
£10,000	31/10/2019	To distribute small grants across cross community organisations in Northern Ireland during 2019-20
The Clothworkers Foundation - Grant to The Honourable The Irish Society
£20,000	16/10/2018	To distribute small grants across cross community organisations in Northern Ireland during 2018-19

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (15)

Current Trustees appointed

ALDERMAN GREGORY JONES KC Appointed: 2020, Other trusteeship: MUSEUM OF LONDON,

ALDERMAN ROBERT PICTON SEYMOUR HOWARD Appointed: 2022, Other trusteeships: THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL CORNHILL, THE UNITED WESTMINSTER AND GREY COAT FOUNDATION, THE WORSHIPFUL COMPANY OF GARDENERS OF LONDON CHARITY,

ALDERMAN VINCENT KEAVENY CBE (Chair) Appointed: 2024

ANNE CORBETT Appointed: 2022

CHARLES EDWARD LORD Appointed: 2021, Other trusteeships: GRESHAM COLLEGE, ST LAWRENCE JEWRY GUILD CHURCH COUNCIL,

DAWN LINSEY WRIGHT CC Appointed: 2022, Other trusteeships: THE GUILD OF THE ROYAL HOSPITAL OF ST BARTHOLOMEW, BRIDEWELL ROYAL HOSPITAL,

EAMONN JAMES MULLALLY Appointed: 2022

HUGH MAXIMILIAN HILLIARD SELKA Appointed: 2023

JAMES NICHOLAS ST JOHN DAVIS Appointed: 2023

JOHN DAVID MACLEOD GRIFFITHS Appointed: 2023, Other trusteeships: THE CASTLE BAYNARD EDUCATIONAL FOUNDATION, ALDERMAN SAMUEL WILSON FUND,

JOHN ROSS FOLEY Appointed: 2023

MARY DURCAN Appointed: 2022

OLIVER SELLS KC Appointed: 2022, Other trusteeship: TEMPLE CHURCH TRUST,

PHILIP WOODHOUSE DEPUTY Appointed: 2019

SHRAVAN JASHVANTRAI JOSHI Appointed: 2022

Legal constitution

Charity registered in England & Wales on 12/02/2013, number: 1150776

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Risk management
Safeguarding policy and procedures
Social media policy and procedures

Filing Record

10 returns made; all on time

Main office

The Honourable the Irish Society
54 Castleroe Road
Coleraine
BT51 3RL

Objectives

THE OBJECTS OF THE SOCIETY SHALL BE THE PROMOTION OF ANY EXCLUSIVELY CHARITABLE PURPOSES FOR THE BENEFIT OF THE COMMUNITY OF THE COUNTY OF LONDONDERRY AND NEIGHBOURING AREAS INCLUDING THOSE WITHIN THE FOLLOWING DESCRIPTIONS:(I) THE ADVANCEMENT OF EDUCATION,(II) THE ADVANCEMENT OF CITIZENSHIP OR COMMUNITY DEVELOPMENT,(III) THE ADVANCEMENT OF THE ARTS, CULTURE, HERITAGE OR SCIENCE,(IV) THE ADVANCEMENT OF AMATEUR SPORT,(V) THE ADVANCEMENT OF ENVIRONMENTAL PROTECTION OR IMPROVEMENT, AND(VI) THE RELIEF OF THOSE IN NEED BY REASON OF YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE.

Defined Area of Benefit:

COUNTY OF LONDONDERRY AND NEIGHBOURING AREAS

Data Sources