Finance Score: -2

Governance Score: 2

Support Score: 5

Deficit on unrestricted reserves: -2
Strong growth: +2
Deficit latest year: -2

Only 3 Trustees: -2
Good trustee age range: +3
Gender balanced board: +3
Multiple returns filed late: -2

Overall weighted support: +5

Overall GiG Score: 5

FOURTH MONKEY EDUCATION LIMITED

To advance the education of young people & the general public with particular reference to dramatic arts, including not exclusively through provision of courses, tuition, workshops, classes, performances, rehearsals & other exclusively charitable activities.To advance arts & culture through the production of plays & the encouragement of arts. All objects shall be of a charitable nature.

Analysis by Giving is Great

Positives:

The charity has received modest backing from several prominent grant makers recently
There has been strong growth in spending over the last 5 years

Regulatory & Governance issues to consider:

Why are there only 3 trustees?
Over half the Board have joined recently
Returns have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended

Financial issues to consider:

This charity has an endowment fund which generates much of its income. Its latest spending amounts to only -2748.4% of total funds
There was a deficit on unrestricted reserves of £60,532 at the last year end after deducting the value of own use assets
Income was lower than spending in the latest year

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
31/08/23	*	£1,376	£1,664	£-287	£21	£-61	£-61	-0.4	16	0
31/08/22		£2,117	£1,994	£122	£14	£141	£141	0.8	16	0
31/08/21		£1,193	£1,327	£-134	£19	£19	£19	0.2	10	0
31/08/20		£1,009	£1,019	£-9	£35	£153	£153	1.8	8	0
31/08/19	*	£1,131	£1,027	£103	£0	£162	£160	1.9	8	0
31/08/18		£997	£924	£73	£0	£58	£57	0.7	5	0
31/08/17		£945	£935	£10	£0	£-15	£-15	-0.2	4	0
31/08/16	*	£435	£460	£-25	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 12%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 115%
Liabilities/Income: 33%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: -0.4 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0

Asset Split ?

Balance Sheet History

Established: 9 years

www.fourthmonkey.co.uk

office@fourthmonkey.co.uk

02072810360

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Performing and visual arts

How it operates

Provides services

Where it operates

Islington,

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.

Specific Donations

Amount	When Months	To be used for
The Foyle Foundation - Learning (MGS)
£20,000	18/09/2023	towards the salaries of the two participation co-ordinators for the school programme for yearend August 2024
DCMS - Arts Council National Lottery Project Grants
£14,830	21/12/2021	National Lottery Project Grants is our open access programme for arts, libraries and museums projects. The fund supports thousands of individual artists, community and cultural organisations.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

Age Range of Trustees: 41-64

IAN SPENCER DAVIES (Chair) Appointed: 2023, Occupation: Solicitor

JULIE AMANDA WILLIAMS Appointed: 2019, Occupation: Teacher

SAMANTHA CLAIRE GRADY Appointed: 2023, Occupation: Senior Academic Manager

Legal constitution

Charitable company registered in England & Wales on 13/11/2015, number: 1164406
Registered at Companies House on 25/04/2015, number: 09560983

Gift Aid

NOT 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
Investing charity funds 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
Volunteer management

Filing Record

8 returns made; AR23: 33 days late, AR19: 59 days late, AR16: 51 days late,

Main office

BRECKMAN & CO
49 SOUTH MOLTON STREET
LONDON
W1K 5LH

Objectives

THE COMPANY IS ESTABLISHED (1) TO ADVANCE THE EDUCATION OF YOUNG PEOPLE AND THE GENERAL PUBLIC FOR THE PUBLIC BENEFIT WITH PARTICULAR REFERENCE TO THE DRAMATIC ARTS, MUSIC, PERFORMANCE AND THE STUDY AND PRACTICE OF SPEECH TRAINING AND INCLUDING BUT NOT EXCLUSIVELY THROUGH THE PROVISION OF COURSES, TUITION, WORKSHOPS, CLASSES, PERFORMANCES, REHEARSALS, AND OTHER EXCLUSIVELY CHARITABLE ACTIVITIES ANCILLARY TO TEACHING AND THE DEVELOPMENT OF SKILLS AND (2) TO ADVANCE ARTS AND CULTURE FOR THE PUBLIC BENEFIT PARTICULARLY BY THE PRODUCTION OF PLAYS AND THE ENCOURAGEMENT OF THE ARTS, INCLUDING THE ARTS OF DRAMA, MIME, DANCE, SINGING AND MUSIC PROVIDED THAT ALL OBJECTS OF THE COMPANY SHALL BE OF A CHARITABLE NATURE.

Data Sources

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