Finance Score: -1
Governance Score: -5
Support Score: 3
  • Volatile income
  • spending growth: -1
  • No PartB
  • No conflicts policy: -1
  • Only 3 Trustees: -2
  • Narrow trustee age band: -2
  • Grant maker support: +3
Overall GiG Score: -3 ?

MARKETPLACE MINISTRIES LIMITED 

We work with the homeless and those in need, run a food bank, run a transition scheme helping people transition through challenging situations. We have developed therapies - Forgiveness Therapy and Identity Therapy and take referrals from the local GP's.We run schools at base, and take teams to work alongside Churches to teach, train and equip.
Analysis by Giving is Great

Positives:

  • The charity has received modest backing from several prominent grant makers recently
  • There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

  • This charity does not have a Conflict of Interests policy
  • There are only 3 trustees
  • The Board has little diversity in terms of age
  • Over half the Board have joined recently

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Income has been volatile recently but spending has been maintained

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£91£89£2n/an/an/an/an/a8
31/12/21£123£114£9n/an/an/an/an/a40
31/12/20£121£68£52n/an/an/an/an/a50
31/12/19£50£53£-3n/an/an/an/an/a21
31/12/18£74£89£-15£0£0£0n/a020
31/12/17£88£73£16£0£0£0n/a00
31/12/16£36£11£25£0£0£0n/a00

Highest pay bracket: less than £60,000
Established: 8 years
(10 years as a company)
Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Education/Training
  • Religious Activities
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Mental health and addiction
How it operates
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides human resources
  • Provides other finance
  • Provides services
Where it operates
  • Germany, India, Spain, Throughout England, United States,
Who it helps
  • The General Public/Mankind
Who works here?
  • Unknown number of employees
  • 8 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£9,800
CAF£3,500
Devon Community Foundation£3,000
Specific Donations
Amount When
Months
To be used for
DCMS - Coronavirus Community Support Fund
£9,800 11/08/2020
"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
CAF - Grant to Marketplace Ministries Ltd - Totnes Connection Hub Food Bank
£3,500 25/06/2020
3
Grant to Marketplace Ministries Ltd - Totnes Connection Hub Food Bank to support the organisation through COVID19
Devon Community Foundation - COVID19 Totnes Connection Hub Food Bank
£3,000 16/04/2020
3
Grant to Market Place Ministries -Totnes Connection Hub Food Bank

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)
Current Trustees appointed

Age Range of Trustees: 55-67
Legal constitution
  • Charitable company registered in England & Wales on 23/02/2016, number: 1165695
  • Registered at Companies House on 13/12/2013, number: 08815037
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
7 returns made; all on time
Main office

7 Moor Close
Teignmouth
TQ14 8UG

Objectives

3.2 THE OBJECTS OF THE CHURCH ARE FOR THE BENEFIT OF THE PUBLIC:3.2.1 TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT;3.2.2 TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND, INCLUDING THROUGH THE PROVISION OF COUNSELLING AND SUPPORT IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT; AND3.2.3 TO ADVANCE EDUCATION IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT.

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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