Finance Score: -4

Governance Score: -16

Support Score: 0

Poor Liquidity: -1
Pension deficit: -1
Accounts filed more than 5 days late: -2 times

Submission defaults: -10
No conflicts policy: -1
Very static board: -5

Large volunteers +5

Overall GiG Score: -15

ACORN 2 OAK

We provide children and young people with access to a range of learning opportunities to promote their spiritual moral cultural mental and social development through various creative activities like creative art and writing, poetry and hand embroidery and sewing. We are opened mainly to the children and young people in the London Borough of Barnet and generally to all children and young in UK.

Analysis by Giving is Great

Positives:

This charity has been very successful in attracting volunteers relative to its size

Regulatory & Governance issues to consider:

There have been multiple defaults for filing returns
This charity does not have a Conflict of Interests policy
The Board composition appears to be very static

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
There is a pension deficit of £0
Accounts have been filed late on 2 occasions over the last 2 years and the current period appears to have been extended

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
31/12/18	*	£2	£2	£0	£0	£0	£0	n/a	0	2
31/12/17	*	£3	£3	£1	£0	£0	£0	n/a	0	2

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: NAN%
Liabilities/Income: 0%
Unrestricted Funds/Total Funds: NAN%
Reserves/Spending: 0 months
Net Current Assets/Spending: 0 months
Quick Ratio: NAN

Asset Split ?

Established: 8 years

www.acorn2oak.org.uk

info@acorn2oak.org.uk

02083612829

Charity Commission for England and Wales

Listed activities

Other Charitable Purposes

GiG Classification

Emotional support, counselling or therapy

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Barnet,

Who it helps

Children/Young People

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

JERMAINE ELLIS IGOR Appointed: 2016

NICOLE PATRICIA SEITZ Appointed: 2016

OLUFUNLOLA ADEBIMPE ADEKUNBI Appointed: 2016

Legal constitution

Charity registered in England & Wales on 11/07/2016, number: 1168166

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

2 returns made; AR18: 69 days late, AR17: 365 days late,

Main office

Rainbow Centre
Dollis Valley Drive
Barnet
EN5 2UN

Objectives

THE OBJECTS OF THE CIO ARE FOR THE PUBLIC BENEFIT TO ADVANCE IN LIFE AND RELIEVE NEEDS OF YOUNG PEOPLE THROUGH:(A) THE PROVISION OF RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE;(B) PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS.

Data Sources