Finance Score: 4
Governance Score: 0
Support Score: 10
  • Strong growth: +2
  • Volatile income -1
  • Fundraising costs low: +3
  • Narrow trustee age band: -2
  • Dynamic board: +3
  • Mainly male board: -1
  • Overall weighted support: +10
Overall GiG Score: 14 ?

HEREFORDSHIRE VENNTURE

Initiatives currently operated by Herefordshire Vennture:Hereford Street Pastors - helps young people in the night time economy have a Good time and Come home Safe;Lean-on-Me - Cares better for the inebriated in the night time economy and helps emergency services respond faster to more serious emergencies;Vennture 4Family - helps local troubled families by helping them to help themselves.
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • Fundraising costs are low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

  • One or more trustees receive payments or benefits from the charity for providing services to the charity
  • The Board is predominantly male
  • The Board has little diversity in terms of age
  • Over half the Board have joined recently

Financial issues to consider:

  • Income has been volatile recently but spending has been maintained

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
31/12/23£858£1,171£-313£58£1,878£98210.138103
31/12/22£1,841£1,150£691£0£2,191£1,0551140103
31/12/21£1,983£895£1,088£0£1,500£5066.838152
31/12/20£798£528£270£0£412£1212.826161
31/12/19£544£442£102£0£141£300.818162
31/12/18£398£417£-19n/an/an/an/an/an/a
31/12/17£284£293£-9n/an/an/an/an/an/a
31/12/16£293£290£3n/an/an/an/an/an/a
31/12/15£222£252£-30n/an/an/an/an/an/a
31/12/14£164£70£94n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 8.6%
Fundraising Costs/Total Spending: 5%
Senior Staff Costs/Total Spending: 8%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 18%
Liabilities/Income: 46%
Unrestricted Funds/Total Funds: 52%
Reserves/Spending: 10.1 months
Net Current Assets/Spending: 4 months
Quick Ratio: 1.4
Asset Split ?
Balance Sheet History
Established: 11 years

www.vennture.org.uk

enquiries@vennture.org.uk

03302020730

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Economic/Community Development/Employment
  • Education/Training
  • General Charitable Purposes
  • Religious Activities
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Other facilities management and maintenance
How it operates
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Herefordshire,
Who it helps
  • 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.

Major supporters in last 5 years
National Lottery Community Fund£496,497
DCMS£96,922
Lloyds Bank Foundation£52,250
Garfield Weston Foundation£50,000
Specific Donations
Amount When
Months
To be used for
Herefordshire Community Foundation - Grant to Herefordshire Vennture
£500 24/04/2023
Grant to Herefordshire Vennture
Herefordshire Community Foundation - Young Volunteers on the Street
£1,000 27/03/2023
Grant to Herefordshire Vennture
Lloyds Bank Foundation - One off gift towards cost of living crisis to Herefordshire Vennture
£2,250 14/12/2022
One off gift to support with the cost of living crisis
National Lottery Community Fund - Herefordshire Vulnerability Prevention
£21,000 30/09/2022
The funding will be used to design and deliver a county wide web of care for the 3000 vulnerable people in Herefordshire who fall outside of statutory provision to prevent them falling into situations with escalating needs and destructive ....more
Lloyds Bank Foundation - Grant to Herefordshire Vennture
£50,000 27/04/2022
24
Unrestricted grant over two years towards the core costs of Herefordshire Vennture
Garfield Weston Foundation - Main Grants award - COVID19 response
£50,000 04/12/2020
Vennture - addressing rural vulnerability through Covid
DCMS - Coronavirus Community Support Fund
£96,922 03/07/2020
"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 operate, thereby reducing the burden on public ....more
Herefordshire Community Foundation - Grant to Vennture
£5,000 22/04/2020
additional costs of coordinating volunteers during pandemic
National Lottery Community Fund - Prevention 4 Families
£475,497 20/03/2020
36
TThe project will deliver a family 'Early Prevention' programme for struggling, challenging, or difficult children and young people who are having difficulties at school due to challenges in their home lives. An essential part will be an early ....more
Garfield Weston Foundation - Main Grants award
£30,000 04/09/2019
Core Costs
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)
Current Trustees appointed
Gender Split

Age Range of Trustees: 61-75
  • DR ANDREW BUTTERFILL Appointed: 2020, Occupation: Co-Ordinator
  • LADY JANE LISVANE Appointed: 2018, Occupation: Business Consultant
  • PAUL RICHARD BALLARD Appointed: 2024, Occupation: Management Consultant
  • REV SIMON JOHN DEVERILL TARLTON Appointed: 2022, Occupation: Vicar
  • RICHARD HUGH BODINGTON Appointed: 2024, Occupation: Business Consultant
Legal constitution
  • Charitable company registered in England & Wales on 29/04/2014, number: 1156851
  • Registered at Companies House on 05/12/2013, number: 08803798
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity 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
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
10 returns made; all on time
Main office

Herefordshire Vennture
26 Vicarage Road
HEREFORD
HR1 2QN

Objectives

THE CHARITY’S OBJECTS ARE, FOR THE PUBLIC BENEFIT, IN ACCORDANCE WITH THE CHRISTIAN PRINCIPLES SET OUT IN THE STATEMENT OF BELIEFS:- 3.1 THE PREVENTION AND/OR RELIEF OF POVERTY BY SUCH MEANS AS DETERMINED BY THE TRUSTEES FROM TIME TO TIME INCLUDING (BUT NOT LIMITED TO) PROVIDING ASSISTANCE TO FAMILIES SUFFERING DUE TO ECONOMIC AND SOCIAL CIRCUMSTANCES; 3.2 THE PROMOTION OF EDUCATION BY SUCH MEANS AS DETERMINED BY THE TRUSTEES FROM TIME TO TIME INCLUDING (BUT NOT LIMITED TO) WORKING IN PARTNERSHIP WITH LOCAL SCHOOLS TO IMPROVE EDUCATIONAL OUTCOMES; 3.3 THE RELIEF OF SICKNESS AND THE PRESERVATION OF HEALTH BY SUCH MEANS AS DETERMINED BY THE TRUSTEES FROM TIME TO TIME INCLUDING (BUT NOT LIMITED TO) WORKING IN PARTNERSHIP WITH LOCAL HEALTH AUTHORITIES AND OTHER HEALTH PROVIDERS TO IMPROVE LOCAL HEALTH OUTCOMES; 3.4 THE PROVISION OR ASSISTANCE IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE BY SUCH MEANS AS DETERMINED BY THE TRUSTEES FROM TIME TO TIME; AND 3.5 TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY.

Data Sources

Charity Commission for England and Wales
360 Giving

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