Finance Score: 3
Governance Score: 0
Support Score: 6
  • Fundraising costs low: +3
  • Dynamic board: +3
  • All female board: -3
  • Overall weighted support: +6
Overall GiG Score: 9 ?

WE MIND THE GAP

WeMindTheGap bridges the gap between young people aged 16 -25 yrs, disadvantaged by their circumstances, and the wider community in the North West including North Wales, Cheshire, Merseyside & Manchester. Through the provision of totally holistic, paid traineeships the aim is to give new opportunities in life and work which address any gaps in maturation, aspiration, confidence, care and skills.
Analysis by Giving is Great

Positives:

  • There have been no material income shortfalls in recent years
  • Fundraising costs are unusually 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:

  • The Board is completely female

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
30/04/23£954£781£173£0£380£3184.9242
30/04/22£917£1,076£-159£3£207£-25-0.3421
30/04/21£930£663£268£1£366£-25-0.41516
30/04/20£951£857£94£0£98£-29-0.4307
30/04/19£572£621£-49£7£4£40.13910
30/04/18£378£415£-37n/an/an/an/an/an/a
30/04/17£236£167£69n/an/an/an/an/an/a
30/04/16*£126£105£21n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 25%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 84%
Reserves/Spending: 4.9 months
Net Current Assets/Spending: 5 months
Quick Ratio: 3.6
Asset Split ?
Balance Sheet History
Established: 9 years

www.wemindthegap.org.uk

admin@wemindthegap.org.uk

03339398818

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?
Listed activities
  • Economic/Community Development/Employment
  • Education/Training
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Practical support, advice & companionship
How it operates
  • Provides other finance
  • Provides services
Where it operates
  • Denbighshire, Flintshire, Knowsley, Liverpool City, Manchester City, Wrexham,
Who it helps
  • Children/Young People

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 Community Fund£79,801
Lloyds Bank Foundation£52,250
Westminster Foundation£10,000
Specific Donations
Amount When
Months
To be used for
National Lottery Community Fund - WeBelong community project
£10,000 03/02/2023
The organisation will deliver a programme of activities to continue to engage with young people they have previously worked with from disadvantaged and complex backgrounds with the aim of developing ....more
Lloyds Bank Foundation - One off gift towards cost of living crisis to WeMindTheGap
£2,250 14/12/2022
One off gift to support with the cost of living crisis
National Lottery Community Fund - WeBelong
£10,000 25/10/2022
WeMindTheGap in Wrexham will expand the WeBelong project to meet changing needs and growing demand from young people by connecting to a supportive community address health and wellbeing improve ....more
Westminster Foundation - Small grant - We Mind The Gap - 06/12/2022
£10,000 12/06/2022
24
WeDiscover Delivery
Lloyds Bank Foundation - Grant to WeMindTheGap
£50,000 29/07/2021
24
Unrestricted grant over two years towards the core costs of WeMindTheGap
National Lottery Community Fund - Covid-19 WeMindTheGap's Future Factory
£59,801 31/07/2020
12
WeMindTheGap will develop a virtual mentoring programme for vulnerable young people in Wrexham and Flintshire negatively affected by lockdown. It will support them to find opportunities in life ....more
National Lottery Community Fund - We Mind The Gap replication and growth project
£1,138,911 17/12/2018
71
The project offers 6 month paid internships to under-served young women, with additional wrap-around support around developing confidence, independence and skills ' ensuring that participants finish ....more
National Lottery Community Fund - We Mind the Gap Development Funding
£42,000 16/05/2018
6
The funding will be used to further develop a model of traineeships for 'under-served' young women, which is based on a similar model of employee development and mentoring used in the private sector. ....more
National Lottery Community Fund - Mind the Gap
£5,000 18/03/2017
12
Moneypenny Foundation in Wrexham will use the grant to improve and expand their existing service to give employment training to 10 vulnerable young women from Flintshire. This grant for £5,000 ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)
Current Trustees appointed
Gender Split

  • EMMA DEGG Appointed: 2020
  • KAREN ANN JONES Appointed: 2022
  • KIRSTY ROGERS Appointed: 2022
  • LOUISE GATENBY Appointed: 2017
  • RACHEL CLACHER Appointed: 2015
Legal constitution
  • Charity registered in England & Wales on 30/04/2015, number: 1161504
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 risk management policy and procedures
  • Investing charity funds 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
8 returns made; AR16: 20 days late,
Main office

TY AVOW
21 EGERTON STREET
WREXHAM
LL11 1ND

Objectives

THE OBJECT OF THE CIO IS TO ACT AS A RESOURCE FOR YOUNG PEOPLE AGED BETWEEN 18 AND 30 LIVING IN THE UK BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF WORK EXPERIENCE, PHYSICAL, EDUCATIONAL, AND OTHER ACTIVITIES AS A MEANS OF:1. ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS;2. ADVANCING EDUCATION;3. RELIEVING UNEMPLOYMENT;4. PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS.

Defined Area of Benefit:

UK

Data Sources

Charity Commission for England and Wales
360 Giving

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