Finance Score: 0

Governance Score: 3

Support Score: 6

Strong growth: +2
Deficit latest year: -2
No PartB

Dynamic board: +3

Grant maker support: +6

Overall GiG Score: 9

URBAN MBA

Our mission is to reach out to these young adults who do not have the required experience or knowledge, and help them transform into successful entrepreneurs. Our vision is to create a world where no young person is lost or left aside.

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
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

One or more trustees receive benefits from the charity

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 was lower than spending in the latest year

Established: 8 years

www.urbanmba.co.uk

info@urbanmba.co.uk

07900374026

Charity Commission for England and Wales

Tweets

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
31/03/23		£118	£144	£-26	n/a	n/a	n/a	n/a	n/a	12
31/03/22		£156	£112	£44	n/a	n/a	n/a	n/a	n/a	30
31/03/21		£111	£76	£35	n/a	n/a	n/a	n/a	n/a	20
31/03/20		£44	£43	£1	n/a	n/a	n/a	n/a	n/a	10
31/03/19	*	£69	£75	£-7	n/a	n/a	n/a	n/a	n/a	10
31/03/18	*	£17	£17	£0	£0	£0	£0	n/a	0	0
30/03/17	*	£35	£19	£16	£0	£0	£0	n/a	0	0

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Highest pay bracket: less than £60,000

Listed activities

Economic/Community Development/Employment
Education/Training
The Prevention Or Relief Of Poverty

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Hackney, Haringey, Islington, Newham, Southwark, Tower Hamlets,

Who it helps

Children/Young People

Who works here?

Unknown number of employees
12 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

BBC Children in Need	£32,653
The Clothworkers Foundation	£15,000
Hackney Council	£5,000
DCMS	£2,535

Specific Donations

Amount	When Months	To be used for
The Clothworkers Foundation - Grant to Urban MBA
£15,000	13/12/2023	Refurbishment of the hub and purchase of IT equipment for a charity which works with marginalised groups in London
BBC Children in Need - Grant to Urban MBA
£2,672	17/06/2020 6	COVID19 - This grant will fund technology and arts materials for children affected by poverty and deprivation who are isolated at home due to Covid-19, and improve their essential skills.
DCMS - VSCE CMC Fund
£2,535	02/06/2020	NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots ....more NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots and small organisations who can provide an on-the-ground community response to the crisis; and, support local charitable organisations to mobilise volunteers to enable better targeted support in communities through empowered local groups.
Hackney Council - Grant to Urban MBA
£5,000	10/12/2019 12	New Tech Enterprise' is an opportunity for people from Hackney to learn how to set up their own enterprise, obtain an academic accreditation and enhance their employable skills. A combination of ....more New Tech Enterprise' is an opportunity for people from Hackney to learn how to set up their own enterprise, obtain an academic accreditation and enhance their employable skills. A combination of vocational and life skills.
BBC Children in Need - Grant to Urban MBA
£29,981	08/08/2019 36	Positive, creative activities for children and young people experiencing social and economic deprivation. Young people will benefit through improved communication skills, increased engagment in ....more Positive, creative activities for children and young people experiencing social and economic deprivation. Young people will benefit through improved communication skills, increased engagment in education and feeling more positively empowered.
Cripplegate Foundation - Grant To Urban MBA
£4,000	06/03/2018	Towards a business education programme

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

BERNIE MITCHELL Appointed: 2021

FRANCES SEALEY Appointed: 2016

FAHMIDA BEGUM Appointed: 2021

JERTON LAGRANHA JUNIOR Appointed: 2016

SHEROMIE BREWSTER (Chair) Appointed: 2016

Legal constitution

Charity registered in England & Wales on 01/04/2016, number: 1166339

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
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
Trustee expenses policy and procedures
Volunteer management

Filing Record

7 returns made; AR19: 21 days late, AR18: 91 days late, AR17: 117 days late,

Main office

3
Wenlock Street
London
N1 7NT

Objectives

THE RELIEF OF UNEMPLOYMENT FOR PEOPLE AGED BETWEEN 19 – 25 IN HACKNEY AND EAST LONDON, IN PARTICULAR BUT NOT EXCLUSIVELY BY THE PROVISION OF ASSISTANCE TO FIND EMPLOYMENT

Data Sources