Finance Score: 5

Governance Score: 1

Support Score: 7

Liabilities <10%: +3
Excess reserves: -5
Large legacies income: +2
Strong growth: +2
Fundraising costs low: +3

No volunteer policy: -2
Gender balanced board: +3

Large volunteers +3
Grant maker support: +4

Overall GiG Score: 13

SUFFOLK SIGHT

To relieve the needs of the visually impaired across Suffolk for the public benefit by providing the best support and care so that they can lead rich and fulfilling lives with the highest level of independence and by promoting this objective to members, beneficiaries and the wider communities in which it operates.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received backing from several prominent grant makers recently
This charity has a robust balance sheet
This charity has received more than half of its income from legacies in recent years
There has been strong growth in spending since inception
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £1,562,692 available, equivalent to 56 months of spending and so may not be able to utilise additional funding

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		£753	£334	£419	£22	£1,755	£1,563	56.1	16	200
31/03/22		£580	£321	£259	£9	£1,411	£1,384	51.7	17	200
31/03/21		£307	£311	£-4	n/a	n/a	n/a	n/a	n/a	180
31/03/20	*	£0	£0	£0	n/a	n/a	n/a	n/a	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 3.1%
Fundraising Costs/Total Spending: 6.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 89%
Reserves/Spending: 56.1 months
Net Current Assets/Spending: 5 months
Quick Ratio: 4.3

Asset Split ?

Established: 5 years

info@suffolksight.org.uk

01284748800

Charity Commission for England and Wales

Listed activities

Disability

GiG Classification

Services for people with disabilities

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Suffolk,

Who it helps

Children/Young People
Elderly/Old People
People With Disabilities

Who works here?

16 employees
200 volunteers

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.

Specific Donations

Amount	When Months	To be used for
DCMS - Coronavirus Community Support Fund
£100,000	29/07/2020	"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more "The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public services.2) To ensure essential services are provided to vulnerable people, both in the short and long term through increased community support through the work of charitable organisations."
Suffolk Community Foundation - Telephone Counselling Service
£5,000	19/07/2020 5	To provide a telephone counselling service to blind or partially sighted people in Suffolk.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

ANNE KELLY Appointed: 2019

GEOFFREY MARK STAFF MA CANTAB (Chair) Appointed: 2019

GEORGINA DAWN CHAMBERS Appointed: 2021

MICHAEL PEAK Appointed: 2019

NEVILLE ANTHONY BROADBENT Appointed: 2019

STEPHEN WILLIAM JAMES HODGKISS Appointed: 2019

Legal constitution

Charity registered in England & Wales on 29/05/2019, number: 1183608

Gift Aid

Registered with HMRC for Gift Aid

Event History

01/04/2020 - Asset transfer in from WEST SUFFOLK SIGHT
01/04/2020 - Asset transfer in from EAST SUFFOLK ASSOCIATION FOR THE BLIND

Policies in force

Bullying and harassment policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Investment
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Trustee conflicts of interest policy and procedures

Filing Record

4 returns made; AR20: 30 days late,

Recent reorganisation events:

Asset transfer in from WEST SUFFOLK SIGHT on 01/04/2020
Asset transfer in from EAST SUFFOLK ASSOCIATION FOR THE BLIND on 01/04/2020

Main office

DISABILITY RESOURCE CENTRE
4 BUNTING ROAD
BURY ST. EDMUNDS
IP32 7BX

Objectives

TO RELIEVE THE NEEDS OF PEOPLE WHO ARE VISUALLY IMPAIRED ACROSS SUFFOLK FOR THE PUBLIC BENEFIT BY PROVIDING THE BEST SUPPORT AND CARE SO THAT THEY CAN LEAD RICH AND FULFILLING LIVES WITH THE HIGHEST LEVEL OF INDEPENDENCE AND BY PROMOTING THE OBJECTIVES TO ITS MEMBERS, BENEFICIARIES AND THE WIDER COMMUNITIES IN WHICH IT OPERATES.

Data Sources