Finance Score: -3

Governance Score: -5

Support Score: 0

Poor Liquidity: -1
Accounts filed more than 5 days late: -2 times
Strong growth: +2
Multiple Deficits: -2

No conflicts policy: -1
Only 3 Trustees: -2
Narrow trustee age band: -2

No supporters identified

Overall GiG Score: -8

FEDCAP UK

The activities of the charity is the advancement of social inclusion through enabling economic independence, employment and opportunity for disadvantaged and disabled individuals through various workforce and economic development initiatives and programmes delivered across the UK.

Analysis by Giving is Great

Positives:

There has been strong growth in spending since inception
A significant proportion of recent income was derived from major grant makers including the Government

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

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended
On several occasions in recent years income has been less than spending

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
30/09/22		£48,489	£46,077	£2,411	£0	£2,594	£2,594	0.7	621
30/09/21		£21,833	£19,998	£1,835	£0	£-325	£-325	-0.2	302
30/09/20	*	£15,937	£16,674	£-737	£0	£-2,018	£-2,018	-1.5	184
30/09/19		£8,497	£10,430	£-1,933	£0	£-1,838	£-1,838	-2.1	223
30/09/18	*	£0	£0	£0	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 90%
Liabilities/Income: 47%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 0.7 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.4

Asset Split ?

Established: 7 years

infofedcapuk@fedcap.org

08009179262

Charity Commission for England and Wales

Listed activities

Economic/Community Development/Employment
Education/Training
The Advancement Of Health Or Saving Of Lives

GiG Classification

Technical, vocational and continuing education

How it operates

Provides advocacy/advice/information
Provides services
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
People With Disabilities
The General Public/Mankind

Who works here?

621 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Age Range of Trustees: 53-66

JEFFRIES BRIGINSHAW Appointed: 2017, Occupation: Lawyer

CAROL KHOURY Appointed: 2020, Occupation: Chief Financial Officer

KENNETH BREZENOFF Appointed: 2016, Occupation: Attorney

Legal constitution

Charitable company registered in England & Wales on 14/11/2017, number: 1175737
Registered at Companies House on 07/11/2016, number: 10466370

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

5 returns made; AR20: 193 days late, AR18: 315 days late,

Main office

Fedcap Employment
Cleveland Business Centre
Watson Street
MIDDLESBROUGH
TS1 2RQ

Objectives

2. OBJECTS2.1 THE CHARITABLE OBJECTS OF THE CHARITY ARE, FOR THE PUBLIC BENEFIT:- 2.1.1 THE ADVANCEMENT OF SOCIAL INCLUSION, BY ENABLING ECONOMIC INDEPENDENCE, EMPLOYMENT AND OPPORTUNITY TO PARTICIPATE IN SOCIETY FOR SOCIALLY AND ECONOMICALLY DISADVANTAGED AND DISABLED INDIVIDUALS THROUGH VARIOUS WORKFORCE AND ECONOMIC DEVELOPMENT INITIATIVES AND PROGRAMS; 2.1.2 THE ADVANCEMENT OF EDUCATION FOR ALL AGES INCLUDING, BUT NOT LIMITED TO, THE FIELDS OF EARLY EDUCATION AND INTERVENTION, VOCATIONAL TRAINING, AND ADULT AND YOUTH EDUCATION PROGRAMS; 2.1.3 THE ADVANCEMENT OF OCCUPATIONAL HEALTH, INCLUDING BUT NOT LIMITED TO, ASSISTING INDIVIDUALS WITH PHYSICAL, MENTAL OR EMOTIONAL HEALTH DIFFICULTIES, WHICH MAY INCLUDE SUBSTANCE ABUSE DISORDERS, THAT CREATE OR EXACERBATE BARRIERS TO ECONOMIC STABILITY OR EMPLOYMENT.2.2 THROUGHOUT THESE ARTICLES “CHARITABLE” MEANS CHARITABLE IN ACCORDANCE WITH THE LAW OF ENGLAND AND WALES PROVIDED THAT IT WILL NOT INCLUDE ANY PURPOSE WHICH IS NOT CHARITABLE IN ACCORDANCE WITH S.7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005. FOR THE AVOIDANCE OF DOUBT, THE SYSTEM OF LAW GOVERNING THE CONSTITUTION OF THE CHARITY IS THE LAW OF ENGLAND AND WALES

Data Sources