Finance Score: -4
Governance Score: 0
Support Score: 0
  • Low unrestricted reserves: -2
  • Accounts filed more than 5 days late: -2 times
    • Grant maker support: +0
    Overall GiG Score: -4 ?

    ULVERSTON CORONATION HALL 

    The Charity manages and maintains The Coronation Hall, Ulverston, a community venue and hub which hosts events, festivals, meetings and workshops. It provides support to organisations that utilise the Hall for the benefit and entertainment of audiences and encourages participation in community, arts and charitable activities that strengthen the cultural life of the area.
    Analysis by Giving is Great

    Positives:

    • There have been no income shortfalls in recent years
    • A significant proportion of recent income was derived from major grant makers including the Government

    Regulatory & Governance issues to consider:

    • This charity is not recognised by HMRC for Gift Aid according to its latest published return

    Financial issues to consider:

    • Unrestricted reserves appear to be dangerously low at the latest year end
    • Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended
    • There has been a change of accounting period recently, so trends may be hard to determine

    Financial Data ?

    Income & Spending ?
    N.B. data has been adjusted to reflect year end change
    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?*£646£591£55£0£55£541.1985
    30/06/21£157£157£0n/an/an/an/an/a0
    30/06/20£324£324£0n/an/an/an/an/a100
    30/06/19£406£406£0n/an/an/an/an/a69
    30/06/18*£404£404£0£0£0£0n/a069
    30/06/17?*£244£218£27£0£0£0n/a00
    31/07/16*£0£0£0n/an/an/an/an/a0

    Financial Ratios
    Fundraising Costs/Relevant Income: 0%
    Fundraising Costs/Total Spending: 0%
    Highest pay band: Less than £60,000
    Liabilities/Assets: 77%
    Liabilities/Income: 42%
    Unrestricted Funds/Total Funds: 99%
    Reserves/Spending: 1.1 months
    Net Current Assets/Spending: 1 months
    Quick Ratio: 1.1
    Asset Split ?
    Established: 9 years

    www.thecoro.co.uk

    hello@thecoro.co.uk

    01229588994

    Charity Commission for England and WalesFacebookInstagramX
    UN SDGs
    ?
    Listed activities
    • Arts/Culture/Heritage/Science
    • General Charitable Purposes
    GiG Classification
    • Other facilities management and maintenance
    How it operates
    • Provides buildings/facilities/open space
    Where it operates
    • Cumbria,
    Who it helps
    • Other Charities Or Voluntary Bodies
    • The General Public/Mankind
    Who works here?
    • 9 employees
    • 85 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
    Co-Operative Group - Grant to Ulverston Coronation Hall
    £4,602 29/11/2017
    We want to train volunteers in the operations and safety systems and customer care to improve their experience with us.

    Data sourced from Donors via 360 Giving

    How is it governed?

    Trustees (8)
    Current Trustees appointed
    Gender Split

    Legal constitution
    • Charity registered in England & Wales on 15/10/2015, number: 1164000
    Gift Aid
    • NOT registered with HMRC for Gift Aid
    Policies in force
    • Conflicting interests
    • Investment
    • Paying staff
    • Volunteer management
    Filing Record
    7 returns made; AR22: 192 days late, AR18: 8 days late, AR17: 74 days late, AR16: 265 days late,
    Main office

    The Coro
    Coronation Hall
    County Square
    ULVERSTON
    Cumbria
    LA12 7LZ

    Objectives

    1.TO FURTHER OR BENEFIT THE RESIDENTS OF ULVERSTON AND THE SOUTH LAKELAND AREA, 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 AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS.2.TO PROVIDE FACILITIES SUCH AS EXHIBITIONS, MEETINGS, LECTURES, CLASSES, SEMINARS AND TRAINING COURSES WHICH FURTHER PUBLIC EDUCATION IN AND APPRECIATION OF THE ARTS.

    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

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