Finance Score: -5

Governance Score: 0

Support Score: 3

Volatile income & significant deficit in latest year: -5
No PartB

Grant maker support: +3

Overall GiG Score: -2

THE ACE PROJECT

The ACE Project supports young people in Suffolk aged 16-24 who are suffering with mental health difficulties. We provide weekly wellbeing workshops, fitness sessions and 1:1 support to help young people Achieve, Connect and Enjoy for wellbeing.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
There have been no material income shortfalls in recent years

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 has been volatile recently and was significantly lower than spending in the latest year

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
31/12/23		£8	£15	£-7	n/a	n/a	n/a	n/a	n/a	0
31/12/22		£23	£18	£6	n/a	n/a	n/a	n/a	n/a	3
31/12/21		£24	£16	£8	n/a	n/a	n/a	n/a	n/a	4
31/12/20		£12	£12	£0	n/a	n/a	n/a	n/a	n/a	4
31/12/19		£8	£9	£-1	n/a	n/a	n/a	n/a	n/a	0
31/12/18	*	£3	£9	£-6	£0	£0	£0	n/a	0	0

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Download accounts

Highest pay bracket: less than £60,000

Established: 6 years

https://theaceproject.org.uk/

the.ace.project@hotmail.com

07413381461

Charity Commission for England and Wales

Listed activities

Disability

GiG Classification

Social youth organisations

How it operates

Provides services

Where it operates

Suffolk,

Who it helps

Children/Young People

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

National Lottery Community Fund	£16,100
The Foyle Foundation	£3,000
Co-Operative Group	£1,249

Specific Donations

Amount	When Months	To be used for
Co-Operative Group - Grant to The ACE Project
£1,249	22/10/2022	We aim to pay for a trained psychotherapist to develop and deliver a programme of weekly wellbeing workshops to support young people aged 16-24 who are looking for help with their mental health.
The Foyle Foundation - Small Grants
£3,000	03/12/2021	towards core work over the next 12 months (awarded grant in response to coronavirus)
National Lottery Community Fund - ACE
£16,100	01/08/2019 24	The project will use funding to give young people experiencing mental health issues and/or learning disabilities the opportunity to enjoy educational and sociable activities in order to learn how to ....more The project will use funding to give young people experiencing mental health issues and/or learning disabilities the opportunity to enjoy educational and sociable activities in order to learn how to improve their wellbeing. The funding will primarily go towards staff salary costs.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

GENINE SUMNER Appointed: 2020

LEANNE KELLY Appointed: 2018

LUCY PARKER (Chair) Appointed: 2018

MICHELLE SMILEY Appointed: 2018

Legal constitution

Charity registered in England & Wales on 20/06/2018, number: 1178855

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

6 returns made; AR18: 171 days late,

Main office

292 SPRING ROAD
IPSWICH
IP4 5NL

Objectives

FOR THE PUBLIC BENEFIT, TO RELIEVE THE NEEDS OF YOUNG PEOPLE AGED 16-24 WHO ARE IN NEED BY REASON OF MENTAL ILLNESS, IN SUFFOLK, IN PARTICULAR BUT NOT EXCLUSIVELY BY:(A) PROVIDING SUPPORT AND ACTIVITIES TO DEVELOP INDIVIDUAL CAPABILITIES, COMPETENCES, SKILLS AND UNDERSTANDING IN SUBJECTS OF EDUCATIONAL VALUE(B) PROVIDING A LOCAL NETWORK OF PEERS FOR FACE TO FACE SUPPORT(C) HELPING TO BREAK HABITS OF ISOLATION AND PROMOTING SOCIAL INCLUSION

Data Sources