Finance Score: 0

Governance Score: -4

Support Score: 3

Liabilities <10%: +3
Strong growth: +2
Fundraising costs high: -5

No volunteer policy: -2
No conflicts policy: -1
Only 4 Trustees: -1

Gov Income
Grant maker support: +3

Overall GiG Score: -1

CHALLENGING MND

THE PROMOTION AND PROTECTION OF GOOD HEALTH AMONG THOSE SUFFERING WITH MOTOR NEURONE DISEASE, BY IMPROVING THEIR QUALITY OF LIFE THROUGH THE PROVISION OF A FINANCIAL GRANT TO ENABLE THEM TO COMPLETE A PARTICULAR EVENT OR CHALLENGE.

Analysis by Giving is Great

Positives:

The charity has received Government grants
This charity has a robust balance sheet
There has been strong growth in spending since inception

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
Although this charity works with volunteers it does not have a Volunteer Management policy
This charity does not have a Conflict of Interests policy
There are only 4 trustees

Financial issues to consider:

Liquidity appeared to be in excess of CC guidelines at the latest year end but this has been generated by an income surplus in the latest year and spending has been increasing rapidly
Fundraising costs are extremely high relative to funds raised

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
31/03/23	£592	£306	£286	£158	£435	£435	17.1	2	10
31/03/22	£162	£66	£96	n/a	n/a	n/a	n/a	n/a	5
31/03/21	£111	£143	£-33	n/a	n/a	n/a	n/a	n/a	10
31/03/20	£132	£47	£85	n/a	n/a	n/a	n/a	n/a	10

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Financial Ratios

Fundraising Costs/Relevant Income: 50.2%
Fundraising Costs/Total Spending: 51.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 4%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 17.1 months
Net Current Assets/Spending: 17 months
Quick Ratio: 25.7

Asset Split ?

Established: 5 years

info@challengingmnd.org

07702118749

Charity Commission for England and Wales

Listed activities

The Advancement Of Health Or Saving Of Lives

GiG Classification

General outpatient health-care services

How it operates

Provides other finance

Where it operates

Throughout England And Wales,

Who it helps

People With Disabilities

Who works here?

2 employees
10 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (4)

Current Trustees appointed

Gender Split

ALEXANDER JOHN GIBSON Appointed: 2019

JANE WATSON Appointed: 2020

PAUL EVERITT Appointed: 2019

TARZEM SINGH SHOKER Appointed: 2022

Legal constitution

Charity registered in England & Wales on 22/03/2019, number: 1182607

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

There are no Policies registered with the Charities Commission

Filing Record

4 returns made; all on time

Main office

Unit L Radford Business Centre
Radford Way
Billericay
Essex
CM12 0BZ

Objectives

The promotion and protection of good health among those suffering with Motor Neurone Disease,by improving their quality of life through the provision of a financial grant to either enable themto complete a particular event or challenge, or as a contribution towards the provision ofequipment or services to meet the needs of everyday life.To relieve financial hardship or to enable respite breaks among persons caring for those sufferingwith Motor Neurone Disease, the provision of a financial grant will be awarded.

Data Sources