Finance Score: -5
Governance Score: 6
Support Score: 4
  • Multiple Deficits and declines: -5
  • No PartB
  • Dynamic board: +3
  • Gender balanced board: +3
  • Large volunteers +3
  • Grant maker support: +1
Overall GiG Score: 5 ?

ALFORD CORN EXCHANGE COMMUNITY GROUP 

To benefit the residents of Alford by bringing together the residents, voluntary and other organisations in an effort to provide social welfare and leisure to improve the life of the residents. To secure the building as a community centre at the historic Alford Corn Exchange and to maintain and manage the building for activities promoted by the charity in furtherance of the above objects.
Analysis by Giving is Great

Positives:

  • This charity has been successful in attracting volunteers relative to its size
  • The charity has received modest backing from several prominent grant makers recently
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

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 has been volatile and on several occasions in recent years less than spending

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£56£56£-1n/an/an/an/an/a20
31/03/22£64£50£13n/an/an/an/an/a20
31/03/21£117£145£-28n/an/an/an/an/a30
31/03/20£60£63£-3n/an/an/an/an/a20
31/03/19£73£94£-20n/an/an/an/an/a25
31/03/18£45£32£13£0£0£0n/a00
31/03/17*£72£40£31£0£0£0n/a00
31/03/16£49£39£10£0£0£0n/a00
31/03/15£45£41£5£0£0£0n/a00

Highest pay bracket: less than £60,000
Established: 10 years

www.alfordcornexchange.co.uk

info@alfordcornexchange.co.uk

01507462517

Charity Commission for England and WalesFacebook
UN SDGs
?
Listed activities
  • Amateur Sport
  • Arts/Culture/Heritage/Science
  • Education/Training
  • Environment/Conservation/Heritage
  • General Charitable Purposes
  • Other Charitable Purposes
  • Recreation
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Other facilities management and maintenance
How it operates
  • Other charitable activities
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Lincolnshire,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • The General Public/Mankind
Who works here?
  • Unknown number of employees
  • 20 volunteers

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
Masonic Trust - MCF Matched Funding
£500 28/02/2023
Unrestricted matched funding in partnership with the local masonic province
National Lottery Community Fund - Internal Refurbishment of Corn Exchange
£9,300 23/03/2020
2
The funding will be used to refurbish the organisation's building. The project aims to improve the aesthetic of the building and encourage usage by the local community.
National Lottery Community Fund - fit for purpose facilities
£10,000 28/09/2018
12
This funding will be used to improve the toilet facilities, aiming to improve the environment of a local place in the community.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 08/12/2013, number: 1154929
Gift Aid
  • NOT 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Volunteer management
Filing Record
9 returns made; AR17: 90 days late,
Main office

Alford Corn Exchange Comm. Group
The Corn Exchange
9 Market Place
ALFORD
Lincolnshire
LN13 9EB

Objectives

TO FURTHER OR BENEFIT THE RESIDENTS OF ALFORD 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 FURTHERANCE OF THESE OBJECTS BUT NOT OTHERWISE, THE TRUSTEES SHALL HAVE POWER:TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE AT THE HISTORIC ALFORD CORN EXCHANGE AND TO MAINTAIN AND MANAGE OR CO-OPERATE WITH ANY STATUTORY AUTHORITY IN THE PRESERVATION, MAINTENANCE AND MANAGEMENT OF THE BUILDING FOR ACTIVITIES PROMOTED BY THE CHARITY IN FURTHERANCE OF THE ABOVE OBJECTS.

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