Finance Score: -2

Governance Score: -11

Support Score: 4

Low unrestricted reserves: -2
Accounts overdue -5
Strong growth: +2
Fundraising costs low: +3

Submission defaults: -10
Only 3 Trustees: -2
Narrow trustee age band: -2
Gender balanced board: +3

Grant maker support: +4

Overall GiG Score: -9

NEW ERA FOUNDATION LTD.

The New Era Foundation has been established to tackle three key social problems; youth unemployment, lack of safe spaces and activities and lack of activities to develop emotional intelligence. By reducing offending/unemployment by providing education, training and employment thereby creating safer places and safer communities.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker recently
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
Fundraising costs are low relative to funds raised

Regulatory & Governance issues to consider:

There have been multiple defaults for filing returns
This charity is not recognised by HMRC for Gift Aid according to its latest published return
There are only 3 trustees
The Board has little diversity in terms of age

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end
Latest accounts are overdue for filing

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
30/06/21		£668	£613	£54	£52	£188	£100	2	9	0
30/06/20		£597	£465	£132	£23	£134	£70	1.8	6	0
30/06/19		£222	£247	£-25	n/a	n/a	n/a	n/a	n/a	0
30/06/18	*	£141	£133	£9	£0	£0	£0	n/a	0	2
30/06/17		£121	£108	£13	£0	£0	£0	n/a	0	2
30/06/16		£61	£56	£5	£0	£0	£0	n/a	0	0
30/06/15	*	£32	£31	£0	£0	£0	£0	n/a	0	0
30/06/14		£3	£3	£0	£0	£0	£0	n/a	0	0

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 7.8%
Fundraising Costs/Total Spending: 8.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 55%
Liabilities/Income: 34%
Unrestricted Funds/Total Funds: 53%
Reserves/Spending: 2 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.4

Asset Split ?

Established: 11 years

www.newerafoundation.uk

info@newerafoundation.uk

02071019313

Charity Commission for England and Wales

Tweets

Listed activities

Amateur Sport
Economic/Community Development/Employment
Education/Training
Recreation

GiG Classification

Services for females

How it operates

Acts as an umbrella or resource body
Makes Grants to Individuals
Makes Grants to Organisations
Provides services

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

9 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.

Major supporters in last 5 years

BBC Children in Need	£39,800
Department for Work and Pensions	£10,454
AB Charitable Trust	£10,000
Garfield Weston Foundation	£10,000

Specific Donations

Amount	When Months	To be used for
AB Charitable Trust - A grant to New Era Foundation
£10,000	22/04/2021	An unrestricted grant of £10,000. New Era Foundation run 'DIVERT' a programme which engages young people who have offended in police custody suites, and 'divert' them away from reoffending.
Garfield Weston Foundation - Main Grants award
£10,000	09/10/2020	DIVERT
BBC Children in Need - Grant to New Era Foundation
£39,800	31/07/2020	Covid19 - This grant will fund a pre-employment training course to young people who are being diverted from police custody who have lost face to face support due to Covid-19. The course will reduce ....more Covid19 - This grant will fund a pre-employment training course to young people who are being diverted from police custody who have lost face to face support due to Covid-19. The course will reduce offending, increase employability and improve wellbeing.
Department for Work and Pensions - FSF Partnership Community Grant - Disadvantaged Young People
£10,454	01/04/2020	Grant to move claimants either into work or closer to work by providing support to youth from re-offending

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

Age Range of Trustees:

JACQUELINE GREENLEES Appointed: 2021, Occupation: Director

LORD PATEL OF BRADFORD Appointed: 2014

RICHARD EVANS Appointed: 2014, Occupation: Company Director, Other trusteeship: THE TUTU FOUNDATION (UK),

Legal constitution

Charitable company registered in England & Wales on 10/07/2013, number: 1152801
Registered at Companies House on 10/06/2013, number: 08563467

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

8 returns made; AR18: 7 days late, AR15: 69 days late,

Main office

New Era Foundation
27 Old Gloucester Street
London
WC1N 3AX

Objectives

THE OBJECTS OF THE CHARITY ARE FOR THE PUBLIC BENEFIT TO:2.1 PROVIDE COMMUNITY PARTICIPATION IN HEALTHY RECREATION BY PROVIDING FACILITIES FORPLAYING SPORTS (FACILITIES? MEANS LAND, BUILDINGS EQUIPMENT, ORGANISATION OF SPORTINGACTIVITIES);2.2 RELIEVE UNEMPLOYMENT IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING ASSISTANCE TO FINDEMPLOYMENT;2.3 ADVANCE EDUCATION;2.4 PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT BY PREVENTING PEOPLE FROM BECOMINGSOCIALLY EXCLUDED, RELIEVING THE NEEDS OF THOSE PEOPLE WHO ARE SOCIALLY EXCLUDED ANDASSISTING THEM TO INTEGRATE INTO SOCIETY;2.5 EDUCATE AND ASSIST YOUNG PEOPLE THROUGH THEIR LEISURE TIME ACTIVITIES SO AS TO DEVELOPTHEIR PHYSICAL, MENTAL, EMOTIONAL AND SPIRITUAL CAPACITIES THAT THEY MAY GROW TO FULLMATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY AND THAT THEIR CONDITIONS OF LIFE MAYBE IMPROVED; AND2.6 ADVANCE ALL OTHER PURPOSES WHICH ARE CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES.FOR THE PURPOSE OF THIS CLAUSE ?SOCIALLY EXCLUDED? MEANS BEING EXCLUDED FROM SOCIETY,OR PARTS OF SOCIETY, AS A RESULT OF ONE OF MORE OF THE FOLLOWING FACTORS: UNEMPLOYMENT;FINANCIAL HARDSHIP; YOUTH OR OLD AGE; ILL HEALTH (PHYSICAL OR MENTAL); SUBSTANCE ABUSEOR DEPENDENCY INCLUDING ALCOHOL AND DRUGS; DISCRIMINATION ON THE GROUNDS OF SEX,RACE, DISABILITY, ETHNIC ORIGIN, RELIGION, BELIEF, CREED, SEXUAL ORIENTATION OR GENDER REASSIGNMENT;POOR EDUCATIONAL OR SKILLS ATTAINMENT; RELATIONSHIP AND FAMILY BREAKDOWN;POOR HOUSING (THAT IS HOUSING THAT DOES NOT MEET BASIC HABITABLE STANDARDS;

Data Sources