Finance Score: 0

Governance Score: 3

Support Score: 2

Good reserves management: +3
Volatile income: -3

Good trustee age range: +3

Overall weighted support: +2

Overall GiG Score: 5

IPSWICH FURNITURE PROJECT

Supplying furniture and other household items to people in need, or other organisations working to prevent or relieve poverty for the benefit of people who are living in East Anglia.Provision of training, work experience, workshops to enhance work and life skills.Protection and preservation of the environment by waste-reduction, re-use, reclamation, recycling, using recycled goods.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker
Reserves management has been consistently within official guidelines
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of age

Financial issues to consider:

Income has been volatile recently

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
31/03/24	£550	£571	£-22	£0	£217	£217	4.6	13	6
31/03/23	£678	£706	£-28	£0	£239	£239	4.1	12	10
31/03/22	£785	£740	£45	£0	£267	£255	4.1	11	12
31/03/21	£713	£544	£169	£0	£222	£194	4.3	10	11
31/03/20?	£453	£433	£20	n/a	n/a	n/a	n/a	n/a	n/a
31/03/18	£389	£393	£-3	n/a	n/a	n/a	n/a	n/a	n/a
31/03/17	£486	£493	£-7	n/a	n/a	n/a	n/a	n/a	n/a
31/03/16	£536	£546	£-10	£0	£16	£16	0.3	15	0
31/03/15	£656	£656	£0	£1	£26	£22	0.4	10	0
31/03/14	£208	£182	£26	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 12%
Liabilities/Income: 5%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 4.6 months
Net Current Assets/Spending: 5 months
Quick Ratio: 6

Asset Split ?

Balance Sheet History

Established: 12 years
(20 years as a company)

http://www.ipswichfp.org/

service@ipswichfp.org

01473404004

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training
Environment/Conservation/Heritage
The Prevention Or Relief Of Poverty

GiG Classification

Environment conservation & animal welfare advocacy

How it operates

Acts as an umbrella or resource body
Other charitable activities
Provides advocacy/advice/information
Provides services

Where it operates

Essex, Norfolk, Suffolk,

Who it helps

Other Charities Or Voluntary Bodies
The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Devon Community Foundation - COVID19 Devon Scrubs
£4,000	14/05/2020 1	Grant to SAFE South West
Garfield Weston Foundation - Main Grants award
£25,000	08/05/2019	IFP Core Cost Funding

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Age Range of Trustees: 42-81

ELIZABETH MARY HARSANT Appointed: 2013, Occupation: Retired

FIONA LOADER Appointed: 2013, Occupation: Social Worker

MARTIN WHITWORTH Appointed: 2015, Occupation: Solicitor

MICHAEL ALLISON (Chair) Appointed: 2013, Occupation: Housing Services Manager

MURRAY BRUNNING Appointed: 2021, Occupation: Pension Consultant

NICHOLAS DAVID BURFIELD Appointed: 2013, Occupation: Self Employed

PAUL HENRY Appointed: 2016, Occupation: Community Advisor

Legal constitution

Charitable company registered in England & Wales on 22/04/2013, number: 1151719
Registered at Companies House on 05/07/2004, number: 05170995

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
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Volunteer management

Filing Record

10 returns made; all on time

Main office

IPSWICH FURNITURE PROJECT
HOGARTH ROAD
IPSWICH
IP3 0EY

Objectives

THE PREVENTION OR THE RELIEF OF POVERTY AND FINANCIAL HARDSHIP BY THE RE-USE, RECYCLING AND SUPPLYING OF ITEMS OF FURNITURE AND OTHER HOUSEHOLD ITEMS TO INDIVIDUALS IN NEED AND/OR CHARITIES, STATUTORY BODIES OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY FOR THE BENEFIT OF PERSONS WHO ARE IN NEED WITHIN THE NOTIONAL AREA OF EAST ANGLIA; OFFERING HELP TO PEOPLE TO IMPROVE THEIR LIVING ENVIRONMENT; TO ADVANCE THE EDUCATION OF THE PUBLIC ABOUT ASPECTS OF WASTE GENERATION, MANAGEMENT AND RECYCLING INCLUDING THE PROVISION OF ON-JOB/VOCATIONAL TRAINING AND WORK EXPERIENCE, WORKSHOPS AND SEMINARS TO ENHANCE BOTH WORK AND LIFE SKILLS; THE PROTECTION AND PRESERVATION OF THE ENVIRONMENT FOR THE PUBLIC BENEFIT BY THE PROMOTION OF WASTE-REDUCTION, RE-USE, RECLAMATION, RECYCLING, USE OF RECYCLED PRODUCTS AND THE USE OF SURPLUS AND CARBON SAVING.TO ASSIST IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT ANY CHARITY IN EAST ANGLIA WHOSE AIMS INCLUDE ADVANCING EDUCATION OF PERSONS UNDER THE AGE OF 18 YEARS BY DEVELOPING THEIR MENTAL, PHYSICAL AND MORAL CAPABILITIES THROUGH LEISURE TIME ACTIVITIES

Defined Area of Benefit:

LOCAL

Data Sources

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