Finance Score: 3
Governance Score: -3
Support Score: 3
  • Low unrestricted reserves: -2
  • Strong growth: +2
  • Fundraising costs low: +3
  • Only 4 Trustees: -1
  • Narrow trustee age band: -2
  • Overall weighted support: +3
Overall GiG Score: 3 ?

C40 CITIES CLIMATE LEADERSHIP

C40 is a global network of nearly 100 mayors of the world's leading cities that are united in action to confront the climate crisis and create a future where everyone, everywhere can thrive.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • There has been strong growth in spending over the last 5 years
  • Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • Why are there only 4 trustees?
  • The Board has little diversity in terms of age

Financial issues to consider:

  • Unrestricted reserves appear to be dangerously low at the latest year end

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£12,998£11,832£1,166£5£3,099£2,5152.61520
31/12/22£11,131£10,033£1,098£45£1,933£1,5511.91270
31/12/21£8,453£8,285£168£39£834£72511230
31/12/20£7,164£8,230£-1,066£0£667£5830.91154
31/12/19£8,419£7,622£797£35£1,733£8211.3900
31/12/18£6,536£6,111£425£47£935£4020.8700
31/12/17£1,922£1,412£510£29£510£2472.1580

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 47%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 34%
Liabilities/Income: 12%
Unrestricted Funds/Total Funds: 81%
Reserves/Spending: 2.6 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.6
Asset Split ?
Balance Sheet History
Established: 8 years

www.c40.org/c40-uk

legal@c40.org

02035251919

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Education/Training
  • Environment/Conservation/Heritage
  • General Charitable Purposes
GiG Classification
  • Land or water management
How it operates
  • Provides advocacy/advice/information
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Throughout England And Wales,
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
Mark Leonard Trust - To continue the work of C40’s Divest Invest Forum
£25,000 07/10/2021
To continue the work of C40’s Divest Invest Forum
J J Charitable Trust - To continue the work of C40’s Divest Invest Forum
£25,000 07/10/2021
To continue the work of C40’s Divest Invest Forum
Mark Leonard Trust - First year of a second phase of the C40 Divest Invest Forum
£25,000 29/09/2020
First year of a second phase of the C40 Divest Invest Forum
J J Charitable Trust - First year of a second phase of the C40 Divest Invest Forum
£25,000 29/09/2020
C40 Divest Invest Forum
Mark Leonard Trust - Manage a forum of cities to support them to DivestInvest.
£39,267 28/06/2018
to manage a forum of cities to support them to DivestInvest.
J J Charitable Trust - Manage a forum of cities to support them to DivestInvest
£39,267 28/06/2018
To manage a forum of cities seeking support to Divest Invest.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)
Current Trustees appointed

Age Range of Trustees: 45-52
  • ANTHA WILLIAMS Appointed: 2017, Occupation: Environment Team Lead, Bloomberg Philanthropies
  • JEMMA WISEMAN Appointed: 2017
  • KRISHNA PATEL Appointed: 2024, Occupation: Director
  • PELLE LIND BOURNONVILLE Appointed: 2018, Occupation: Special Advisor
Legal constitution
  • Charitable company registered in England & Wales on 22/05/2017, number: 1173124
  • Registered at Companies House on 29/09/2016, number: 10401717
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Safeguarding vulnerable beneficiaries
Filing Record
7 returns made; all on time
Main office

First Floor
44 Featherstone Street
London
EC1Y 8RN

Objectives

2.1 THE OBJECTS OF THE CHARITY ARE: 2.1.1 THE ADVANCEMENT OF ENVIRONMENTAL PROTECTION AND CONSERVATION OF THE NATURAL ENVIRONMENT, PARTICULARLY BY PROMOTING THE REDUCTION OF GREENHOUSE GASES (INCLUDING CARBON DIOXIDE, METHANE AND ANY OTHER GASES THAT MAY BE IDENTIFIED FROM TIME TO TIME AS HAVING A GLOBAL WARMING POTENTIAL); 2.1.2 TO PROMOTE SUSTAINABLE DEVELOPMENT FOR THE BENEFIT OF THE PUBLIC BY THE PROMOTION OF SUSTAINABLE MEANS OF ACHIEVING ECONOMIC GROWTH AND REGENERATION;2.1.3 TO ADVANCE THE EDUCATION OF THE PUBLIC IN SUBJECTS RELATING TO GLOBAL WARMING, CLIMATE CHANGE, SUSTAINABLE DEVELOPMENT AND THE PROTECTION, ENHANCEMENT AND REHABILITATION OF THE ENVIRONMENT AND TO PROMOTE STUDY AND RESEARCH IN SUCH SUBJECTS PROVIDED THAT THE USEFUL RESULTS OF SUCH STUDY ARE DISSEMINATED TO THE PUBLIC AT LARGE; AND2.1.4 SUCH OTHER OBJECTS, AS SHALL BE EXCLUSIVELY CHARITABLE BY THE LAW OF ENGLAND AND WALES AS THE TRUSTEES SHALL DECIDE.SUSTAINABLE DEVELOPMENT MEANS DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS.2.2 NOTHING IN THESE ARTICLES SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CHARITY FOR PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005 AND SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008.

Data Sources

Charity Commission for England and Wales
360 Giving

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