Finance Score: -2

Governance Score: 6

Support Score: 1

Poor Liquidity: -1
Positive trading contribution: +2;Strong growth: +2
Fundraising costs high: -5

Dynamic board: +3
Gender balanced board: +3

Overall weighted support: +1

Overall GiG Score: 5

THE FEED FOUNDATION

We are a charity based in Norwich helping people who are at risk of poverty to access training and support. We have opened a cafe and training centre on Prince of Wales Road and work closely with our trading social enterprise The Feed Enterprises CIC.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
More than half of total income was derived from trading and fees in the latest year
There has been strong growth in spending since inception
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

Over half the Board have joined recently

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
Fundraising costs are extremely high relative to funds raised

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
31/03/23	£1,496	£1,539	£-43	£1,213	£168	£105	0.8	46	97
31/03/22	£194	£151	£43	n/a	n/a	n/a	n/a	n/a	n/a
31/03/21	£134	£68	£66	n/a	n/a	n/a	n/a	n/a	n/a
31/03/20	£84	£78	£6	n/a	n/a	n/a	n/a	n/a	n/a
31/03/19	£107	£53	£54	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 247.9%
Fundraising Costs/Total Spending: 78.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 45%
Liabilities/Income: 9%
Unrestricted Funds/Total Funds: 63%
Reserves/Spending: 0.8 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1.3

Asset Split ?

Balance Sheet History

Established: 7 years

www.thefeed.org.uk

info@thefeed.org.uk

01603850447

Charity Commission for England and Wales

Listed activities

Economic/Community Development/Employment
General Charitable Purposes
The Prevention Or Relief Of Poverty

GiG Classification

Provides financial or material assistance

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Norfolk,

Who it helps

Other Defined Groups

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
Virgin Money Foundation - Grant The Feed Enterprises CIC
£10,000	17/04/2020 6	Grant to The Feed Enterprises to support the orgnisation through COVID19.
Virgin Money Foundation - Grant to The Feed
£1,000	12/06/2019	Grant through the Heart of the Community Fund used to offer training courses to those in the community who face barriers into employment.
Virgin Money Foundation - Grant to The Feed
£50,000	24/10/2018 12	Grant towards the cost of opening a new café and training venue in the centre of Norwich.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

CHRISTINE JANE CHALMERS (Chair) Appointed: 2018

EMMA RENEY Appointed: 2022

KARL GEORG FRIEDRICH GESSNER Appointed: 2022

KEVIN HANNER Appointed: 2024

LUCY ELIZABETH PARISH Appointed: 2024

Legal constitution

Charity registered in England & Wales on 01/02/2018, number: 1176940

Gift Aid

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
Volunteer management

Filing Record

5 returns made; all on time

Main office

65-65A Hall Road
NORWICH
NR1 3HL

Objectives

THE PREVENTION OR RELIEF OF POVERTY IN NORFOLK BY PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY.

Defined Area of Benefit:

LOCAL

Data Sources

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