Finance Score: 4
Governance Score: 2
Support Score: 6
  • Poor Liquidity: -1
  • Strong growth: +2
  • Fundraising costs low: +3
  • Dynamic board: +3
  • Mainly male board: -1
  • Overall weighted support: +6
Overall GiG Score: 12 ?

ASPIRE RYDE

To develop the capacity and skills of the members of the socially and economically disadvantaged communities of the Isle of Wight in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society through access to social activity, information, education and accommodation
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 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 predominantly male
  • Over half the Board have joined recently

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end

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*£1,203£1,264£-60£19£208£1971.959100
31/12/22£978£953£25£14£268£2563.249150
31/12/21£443£394£49n/an/an/an/an/an/a
31/12/20£276£224£53n/an/an/an/an/an/a
31/12/19£233£189£43n/an/an/an/an/an/a
31/12/18£127£150£-23n/an/an/an/an/an/a
31/12/17£142£119£23n/an/an/an/an/an/a
31/12/16£110£97£14n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 1.7%
Fundraising Costs/Total Spending: 1.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 70%
Liabilities/Income: 40%
Unrestricted Funds/Total Funds: 95%
Reserves/Spending: 1.9 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.9
Asset Split ?
Balance Sheet History
Established: 9 years

www.aspireryde.org.uk

trevor@aspireryde.org.uk

01983716020

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Economic/Community Development/Employment
  • General Charitable Purposes
  • Religious Activities
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Other facilities management and maintenance
How it operates
  • Makes grants to organisations
  • Provides buildings/facilities/open space
  • Provides human resources
  • Provides services
Where it operates
  • Isle Of Wight,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities
  • 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
BBC Children in Need£42,456
DCMS£40,000
National Lottery Community Fund£9,600
CAF£5,500
Specific Donations
Amount When
Months
To be used for
McCarthy Stone Foundation - 2023 Winter Warm Spaces
£750 25/07/2023
Grants up to £750 to cover core costs, in particular those connected to providing warm spaces for older people to access such as fuel, utilities or increased rental fees.
BBC Children in Need - Grant to Aspire Ryde
£42,456 27/02/2023
36
This project will deliver music workshops, group sessions and individual support to children and young people experiencing economic disadvantage. Young people will improve their aspirations for the future.
National Lottery Community Fund - Waves of Wellness Peer Support Project
£9,600 21/10/2022
This project will continue work that helped with suicide prevention by using water-based activities to engage people who are identified as high risk of suicide. The project will develop a Peer Support Recovery Hub using water based activities ....more
DCMS - Coronavirus Community Support Fund
£40,000 08/07/2020
"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
CAF - Grant to Aspire Ryde
£5,500 05/06/2020
3
Grant to Aspire Ryde to support the organisation through COVID19
National Lottery Community Fund - Growing in Confidence
£9,999 11/07/2019
12
The funding will be used to provide a range of training courses for volunteers. The project aims to upskill volunteers providing them with the support they need to confidently deliver activities to reduce isolation and improve the well-being of ....more
The Clothworkers Foundation - Grant to Aspire Ryde
£9,600 29/03/2019
purchase of a cooker, security system, hearing loop and sander for a charity which works with older people on the Isle of Wight
Henry Smith Charity - Grant to Aspire Ryde
£10,000 13/03/2019
12
towards one year's salary of an Apprentice Leader for a community centre in a deprived area of the Isle of Wight
National Lottery Heritage Fund - Grant to Aspire Ryde
£10,000 18/12/2018
Transforming place and transforming people within a landmark heritage building
Co-Operative Group - Grant to Aspire Ryde - Food Waste Project
£5,138 29/11/2017
We need kitchen equipment, stationery and marketing materials to help us redistribute food waste to those most in need.
Co-Operative Group - Grant to Aspire Ryde
£4,293 04/08/2017
Help us repair our much-needed building and create better community facilities to benefit local people and visitors alike.
Power to Change - Aspire Ryde
£10,000 01/04/2017
36
Grant to Aspire Ryde
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)
Current Trustees appointed
Gender Split

  • DAVID LAURENCE STANESBY Appointed: 2023
  • NICK ENGLAND Appointed: 2020
  • ROBERT WHITE Appointed: 2016
  • REV BEN BROWN Appointed: 2023
  • SABRINA ROSE LIPPELL Appointed: 2023
Legal constitution
  • Charity registered in England & Wales on 28/08/2015, number: 1163336
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
  • Investment
  • 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; AR23: 1 days late,
Main office

Aspire Ryde
Dover Street
RYDE
PO33 2BN

Objectives

1 - ADVANCEMENT OF RELIGION “TO ADVANCE THE CHRISTIAN FAITH THROUGH MISSION & PARTNERING WITH OTHER CHRISTIAN CHURCHES FOR THE BENEFIT OF THE PUBLIC IN ACCORDANCE WITH THE ANGLICAN STATEMENTS OF BELIEF “2 - TO DEVELOP THE CAPACITY AND SKILLS OF THE MEMBERS OF THE SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES OF THE ISLE OF WIGHT IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY AND HELP MEET THEIR NEEDS, AND TO PARTICIPATE MORE FULLY IN SOCIETY THROUGH ACCESS TO SOCIAL ACTIVITY, INFORMATION, EDUCATION AND ACCOMODATION.

Data Sources

Charity Commission for England and Wales
360 Giving

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