Finance Score: 5

Governance Score: 6

Support Score: 5

Strong growth: +2
Fundraising costs low: +3

Dynamic board: +3
Gender balanced board: +3

Grant maker support: +5

Overall GiG Score: 16

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
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 well diversified in terms of gender and dynamic in terms of composition

Established: 9 years

www.aspireryde.org.uk

trevor@aspireryde.org.uk

01983716020

Charity Commission for England and Wales

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
31/12/22	£978	£953	£25	£14	£268	£256	3.2	49	150
31/12/21	£443	£394	£49	n/a	n/a	n/a	n/a	n/a	120
31/12/20	£276	£224	£53	n/a	n/a	n/a	n/a	n/a	120
31/12/19	£233	£189	£43	n/a	n/a	n/a	n/a	n/a	100
31/12/18	£127	£150	£-23	£0	£0	£0	n/a	0	100
31/12/17	£142	£119	£23	£0	£0	£0	n/a	0	0
31/12/16	£110	£97	£14	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 1.6%
Fundraising Costs/Total Spending: 1.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 62%
Liabilities/Income: 45%
Unrestricted Funds/Total Funds: 95%
Reserves/Spending: 3.2 months
Net Current Assets/Spending: 2 months
Quick Ratio: 0.8

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Economic/Community Development/Employment
General Charitable Purposes
Religious Activities
The Prevention Or Relief Of Poverty

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 works here?

49 employees
150 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.

Major supporters in last 5 years

DCMS	£40,000
National Lottery Community Fund	£19,599
CAF	£5,500

Specific Donations

Amount	When Months	To be used for
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 ....more 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 (Surfing paddle boarding etc) to engage people with ongoing Mental Health issues as well.
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 ....more "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 services.2) To ensure essential services are provided to vulnerable people, both in the short and long term through increased community support through the work of charitable organisations."
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 ....more 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 their local community.
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

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

BEVERLEY JESSUP Appointed: 2019

DAVID LAURENCE STANESBY Appointed: 2023

LARA SUSSMAN Appointed: 2014

MIKE DRINKWATER Appointed: 2018

MR NICK MULHERN Appointed: 2014

NICK ENGLAND Appointed: 2020

ROBERT WHITE Appointed: 2016, Other trusteeship: THE OXFORDSHIRE AGRICULTURAL SOCIETY TRUST,

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

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

Filing Record

7 returns made; all on time

Recent reorganisation events:

Asset transfer in from THE BUS SHELTER IOW on 10/09/2019

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