Finance Score: 0
Governance Score: 1
Support Score: 5
  • Strong growth: +2
  • Deficit latest year: -2
  • No PartB
  • Only 3 Trustees: -2
  • Gender balanced board: +3
  • Grant maker support: +5
Overall GiG Score: 6 ?

TENBURY NILS SCHEME 

The Tenbury NILS (No Interest Loan Scheme) is a project which seeks to assist the most disadvantaged and vulnerable people living in our community. It offers interest free loans to people who would otherwise not be able to access commercial credit, for reasons of unemployment, benefit recipients or people who are in receipt of a low income.
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • 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
  • Over half the Board have joined recently

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Income was significantly lower than spending in the latest year

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*£126£185£-60n/an/an/an/an/a0
31/03/22£292£85£207n/an/an/an/an/a0
31/03/21£113£83£30n/an/an/an/an/a0
31/03/20£23£25£-1n/an/an/an/an/a5
31/03/19£26£28£-2n/an/an/an/an/a8
31/03/18£12£16£-4£0£0£0n/a00
31/03/17£29£19£10£0£0£0n/a00
31/03/16£23£20£4£0£0£0n/a00
31/03/15£23£18£5£0£0£0n/a00
31/03/14£12£8£4£0£0£0n/a00

Highest pay bracket: less than £60,000
Established: 11 years

www.nils.org.uk

enquiries@nils.org.uk

07949 443641

Charity Commission for England and WalesFacebook
UN SDGs
?
Listed activities
  • Education/Training
  • General Charitable Purposes
  • Other Charitable Purposes
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Philanthropic intermediaries and voluntarism promotion
How it operates
  • Makes Grants to Individuals
  • Other charitable activities
  • Provides other finance
Where it operates
  • Herefordshire, Shropshire, Worcestershire,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Defined Groups
  • People With Disabilities

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
DCMS£10,000
National Lottery Community Fund£10,000
Smallwood Trust£8,500
Herefordshire Community Foundation£5,000
Specific Donations
Amount When
Months
To be used for
Smallwood Trust - Funding for distribution as grants to individuals
£8,500 16/12/2021
This initiative seeks to shift grant making power directly to local women’s organisations and services. Smallwood provides a block grant and organisations then award hardship grants to individual ....more
National Lottery Community Fund - Outreach Community Network
£10,000 18/06/2021
The funding will be used by the group to continue its community outreach network where it will coordinate community responses sourcing and supplying essential items researching resources available ....more
DCMS - Coronavirus Community Support Fund
£10,000 25/06/2020
"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
Herefordshire Community Foundation - Grant to Tenbury NILS Scheme - Applying for Leominster NILS
£5,000 29/04/2020
funds to combat hardship caused by pandemic

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 01/03/2013, number: 1151036
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
  • Paying staff
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
Filing Record
10 returns made; AR23: 57 days late,
Main office

C/o DHJH Tenbury Wells Llp
81 Teme Street
TENBURY WELLS
Worcestershire
WR15 8AE

Objectives

TO PROVIDE NO INTEREST LOANS AND GRANTS TO PEOPLE LIVING IN THE TOWN OF TENBURY WELLS AND IN THE SURROUNDING AREA WHO ARE ASSESSED IN ACCORDANCE WITH CRITERIA SET BY THE TRUSTEES TO BE IN ACUTE FINANCIAL NEED.

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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