Finance Score: 2

Governance Score: 3

Support Score: 6

Strong growth: +2
No PartB

Gender balanced board: +3

Overall weighted support: +6

Overall GiG Score: 11

RE:SOURCE BLACKBURN

Having acquired the Cotton Exchange building, we have developed our Business Plan to transform it into a hub for the town. We have secured funding to employ an architect to take our plans as far as RIBA stage 3, which are to be submitted in the first quarter of 2023. We have planned a programme of community and heritage events which will run from March 2023 for 12 months.

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
The Board appears to be well diversified in terms of gender

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data

Financial Data ?

Income & Spending ?

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
31/03/23	£129	£134	£-6	n/a	n/a	n/a	n/a	n/a	n/a
31/03/22	£94	£98	£-4	n/a	n/a	n/a	n/a	n/a	n/a
31/03/21	£77	£55	£22	n/a	n/a	n/a	n/a	n/a	n/a
31/03/20	£91	£88	£3	n/a	n/a	n/a	n/a	n/a	n/a
31/03/19	£87	£70	£18	n/a	n/a	n/a	n/a	n/a	n/a
31/03/18	£107	£62	£45	n/a	n/a	n/a	n/a	n/a	n/a
31/03/17	£108	£51	£57	n/a	n/a	n/a	n/a	n/a	n/a
31/03/16	£667	£51	£615	£0	£661	£661	154.2	1	0
31/03/15	£54	£19	£36	n/a	n/a	n/a	n/a	n/a	n/a
31/03/14	£12	£3	£8	n/a	n/a	n/a	n/a	n/a	n/a

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Download accounts

Highest pay bracket: less than £60,000

Balance Sheet History

Established: 11 years

www.resourceblackburn.org.uk

caer@exchangeblackburn.org.uk

01614409901

Charity Commission for England and Wales

Listed activities

Economic/Community Development/Employment
Education/Training
Recreation
Religious Activities
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Performing and visual arts

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Provides services

Where it operates

Blackburn With Darwen,

Who it helps

Other Defined Groups
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

National Lottery Heritage Fund	£191,326
National Lottery Community Fund	£10,000
DCMS	£9,880

Specific Donations

Amount	When Months	To be used for
National Lottery Heritage Fund - Grant to Re:Source Blackburn
£191,326	08/02/2023	Embracing the past to transform the future
National Lottery Community Fund - The Exchange Blackburn
£10,000	05/08/2022	The funding will be used to cover the Director of Operations salary at the Exchange Blackburn. The project aims to have someone at the venue who can oversee the charities day-day work organise ....more The funding will be used to cover the Director of Operations salary at the Exchange Blackburn. The project aims to have someone at the venue who can oversee the charities day-day work organise events and coordinate with other local groups to help and support the people of Blackburn.
DCMS - Coronavirus Community Support Fund
£9,880	11/09/2020	"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."

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

DAVID SALISBURY BAMBER Appointed: 2022

DR ALASTAIR MURDOCH Appointed: 2013

JANET MURDOCH Appointed: 2013

JILL MITCHELL Appointed: 2013

JOHN JAMES MCGREGOR (Chair) Appointed: 2020

Legal constitution

Charity registered in England & Wales on 21/03/2013, number: 1151318

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
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Trustee conflicts of interest policy and procedures
Volunteer management

Filing Record

10 returns made; all on time

Main office

Re'source Blackburn
71-73 King William Street
BLACKBURN
BB1 7DT

Objectives

A. TO FURTHER OR BENEFIT THE RESIDENTS OF BLACKBURN WITH DARWEN AND THE NEIGHBOURHOOD, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS. IN THE PARTICULAR FURTHERANCE OF THE OBJECT OUTLINED IN THIS CLAUSE THE TRUSTEES SHALL HAVE POWER (BUT NOT THE OBLIGATION) TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE AND TO MAINTAIN OR MANAGE OR CO-OPERATE WITH ANY STATUTORY AUTHORITY IN THE MAINTENANCE AND MANAGEMENT OF SUCH A CENTRE FOR ACTIVITIES PROMOTED BY THE CHARITY IN FURTHERANCE OF THE OBJECT OUTLINED IN THIS CLAUSE; B. TO RELIEVE SICKNESS AND PRESERVE HEALTH AMONG PEOPLE RESIDING PERMANENTLY OR TEMPORARILY IN BLACKBURN WITH DARWEN;C. TO ADVANCE THE CHRISTIAN RELIGION FOR THE BENEFIT OF THE PUBLIC IN ACCORDANCE WITH DOCTRINES OUTLINED IN THE APOSTLE'S CREED.

Defined Area of Benefit:

LOCAL