Finance Score: -1

Governance Score: -1

Support Score: 0

Poor Liquidity: -1
Accounts filed more than 5 days late: -3 times
Fundraising costs low: +3

Only 4 Trustees: -1

No supporters identified

Overall GiG Score: -2

10 % FOR THE OCEAN

10% for the ocean is a global initiative to shift ocean charitable funding from 0.5% to 10% by 2030. We aim to motivate individuals and organisations to direct 10% of their philanthropy to creating an ocean superfund that will diversify donations and grants across projects worldwide that align with 1 or more of the 10 targets of the UN's Sustainable Development Goal 14 Life Below Water.

Analysis by Giving is Great

Positives:

Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

There are only 4 trustees

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
Accounts have been filed late on 3 occasions over the last 3 years and the current period appears to have been extended

Established: 4 years

10percentfortheocean.org

hello@10percentfortheocean.org

01444450901

Charity Commission for England and Wales

Tweets

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
31/12/22	*	£501	£412	£89	£22	£55	£55	1.6	2	0
31/12/21	*	£362	£411	£-49	n/a	n/a	n/a	n/a	n/a	5
31/12/20	*	£187	£172	£15	n/a	n/a	n/a	n/a	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 4.5%
Fundraising Costs/Total Spending: 5.4%
Senior Staff Costs/Total Spending: 28%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 74%
Liabilities/Income: 32%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 1.6 months
Net Current Assets/Spending: 2 months
Quick Ratio: 0

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Education/Training
Environment/Conservation/Heritage

How it operates

Makes Grants to Individuals
Makes Grants to Organisations

Where it operates

Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

2 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (4)

Current Trustees appointed

ASKER FAWMY Appointed: 2019

JASPER SMITH (Chair) Appointed: 2019

MICHAEL PENROSE Appointed: 2021

RUPERT ROHAN Appointed: 2019

Legal constitution

Charity registered in England & Wales on 20/11/2019, number: 1186488

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Investment
Paying staff
Risk management

Filing Record

3 returns made; AR22: 141 days late, AR21: 289 days late, AR20: 30 days late,

Main office

21 Poland Street
LONDON
W1F 8QH

Objectives

(1) TO PROMOTE FOR THE BENEFIT OF THE PUBLIC THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT INCLUDING BUT NOT LIMITED TO THE MARINE AND FRESHWATER ENVIRONMENT; (2) TO PROMOTE SUSTAINABLE DEVELOPMENT FOR THE BENEFIT OF THE PUBLIC BY THE PRESERVATION, CONSERVATION AND THE PROTECTION OF THE ENVIRONMENT AND THE PRUDENT USE OF RESOURCES;(3) TO ADVANCE THE EDUCATION OF THE PUBLIC IN SUBJECTS RELATING TO SUSTAINABLE DEVELOPMENT AND THE PROTECTION, ENHANCEMENT AND REHABILITATION OF THE ENVIRONMENT AND TO PROMOTE STUDY AND RESEARCH IN SUCH SUBJECTS PROVIDED THAT THE USEFUL RESULTS OF SUCH STUDY ARE DISSEMINATED TO THE PUBLIC AT LARGE; AND(4) TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT.WHERE SUSTAINABLE DEVELOPMENT MEANS DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS.

Data Sources