Finance Score: 3

Governance Score: 6

Support Score: 3

Liabilities <10%: +3

Dynamic board: +3
Gender balanced board: +3

Overall weighted support: +3

Overall GiG Score: 12

RACE AGAINST DEMENTIA

The preservation and protection of the health of the public in particular by promoting research into the causal mechanisms of neurodegenerative diseases with the aim of treating or preventing dementia. The promotion of the relief and treatment of those suffering from dementia and related disorders and the provision of support both for such persons and those caring for them.

Analysis by Giving is Great

Positives:

The charity has received modest backing from several prominent grant makers recently
This charity has a robust balance sheet
Spending has increased over the last 3 years relative to the previous period
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

Liquidity appeared to be in excess of CC guidelines at the latest year end but spending has been increasing rapidly

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		£2,256	£1,942	£314	£282	£3,212	£3,042	18.8	7	0
31/12/22		£1,802	£1,078	£724	£218	£2,924	£2,277	25.3	3	0
31/12/21		£1,997	£2,242	£-245	£27	£2,157	£1,040	5.6	2	0
31/12/20		£787	£383	£404	£67	£2,418	£1,858	58.2	2	0
31/12/19		£1,429	£213	£1,216	£14	£1,988	£1,538	86.7	0	0
31/12/18		£777	£2,119	£-1,342	£13	£716	£716	4.1	0	0
31/12/17		£1,809	£28	£1,781	£6	£2,024	£2,024	853.5	0	0
31/12/16	*	£411	£88	£323	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 12.7%
Fundraising Costs/Total Spending: 14.5%
Senior Staff Costs/Total Spending: 9%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 3%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 95%
Reserves/Spending: 18.8 months
Net Current Assets/Spending: 20 months
Quick Ratio: 32.6

Asset Split ?

Balance Sheet History

Established: 9 years

www.raceagainstdementia.com

info@raceagainstdementia.com

01296620919

Charity Commission for England and Wales

Listed activities

General Charitable Purposes
The Advancement Of Health Or Saving Of Lives

GiG Classification

Outpatient support services

How it operates

Makes grants to organisations
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Other Defined Groups
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
Garfield Weston Foundation - Main Grants award
£25,000	22/04/2022	Main Grants award
Rothschild Foundation - Grant to Race Against Dementia
£10,000	12/02/2022	Lunch at Clayton House in memory of Carolyn Benson to raise funds for Race Against Dementia

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (12)

Current Trustees appointed

Gender Split

Based on 11/12 persons

Age Range of Trustees: 53-77

BRIDGET CAROLINE BARKER Appointed: 2024, Occupation: Senior Advisor

CHRISTOPHER BLISS Appointed: 2020, Occupation: Chartered Accountant

CROMWELL WILLIAM GRIFFITHS Appointed: 2024, Occupation: Company Director

DAME VIVIEN DUFFIELD DBE Appointed: 2016

JEREMY COURTENAY-STAMP Appointed: 2020, Occupation: Solicitor

JOHN HUNTER SOMERVILLE CLARK Appointed: 2022, Occupation: Company Director

JONATHAN BERGER Appointed: 2024, Occupation: Investment Management

KHOI TU Appointed: 2021, Occupation: Senior Partner

LINDA COOPER Appointed: 2020, Occupation: Events Planner

MARK MCGREGOR STEWART (Chair) Appointed: 2023, Occupation: Film Producer

PAUL EVAN STEWART Appointed: 2023, Occupation: Entrepreneur

RAOUL JEAN MARC HUET Appointed: 2016, Occupation: Director

Legal constitution

Charitable company registered in England & Wales on 12/02/2016, number: 1165559
Registered at Companies House on 27/01/2016, number: 09973676

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

8 returns made; AR16: 11 days late,

Main office

Unit 9
Glyme Court
Langford Lane
KIDLINGTON
Oxfordshire
OX5 1LQ

Objectives

THE CHARITYS OBJECTS ARE SPECIFICALLY RESTRICTED TO:THE PRESERVATION AND PROTECTION OF THE HEALTH OF THE PUBLIC IN PARTICULAR BY PROMOTING OR ASSISTING IN THE PROMOTION OF RESEARCH INTO THE CAUSAL MECHANISMS OF NEURODEGENERATIVE DISEASES WITH THE AIM OF TREATING OR PREVENTING DEMENTIA AND THE DISSEMINATION OF THE RESULTS OF SUCH RESEARCH; THE PROMOTION OF THE RELIEF AND TREATMENT OF THOSE SUFFERING FROM DEMENTIA AND RELATED DISORDERS AND THE PROVISION OF SUPPORT BOTH FOR SUCH PERSONS AND THOSE CARING FOR THEM; ANDALL OTHER PURPOSES THAT ARE FOR THE PUBLIC BENEFIT AND ARE EXCLUSIVELY CHARITABLE UNDER THE LAW OF ENGLAND AND WALES.

Data Sources

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