Finance Score: 1

Governance Score: -1

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Fundraising costs low: +3

No conflicts policy: -1

No supporters identified

Overall GiG Score: 0

THE PRUDENCE TRUST

This is a grant making charity, you can view its grants here

The Prudence Trust makes grants in the following areas; mental health, disadvantaged communities, the arts, the environment and other general grant-making.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
Fundraising costs are low relative to funds raised

Regulatory & Governance issues to consider:

This charity only provides its support via other charities
This charity does not have a Conflict of Interests policy
This charity uses a corporate trustee

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £66,134,894 available, equivalent to 99 months of spending and so may not be able to utilise additional funding
Income has been volatile recently and was substantially in excess of 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
31/12/22	£13,428	£8,054	£5,374	£0	£177,160	£66,135	98.5	4
31/12/21	£49,494	£5,182	£44,312	£0	£190,254	£77,693	179.9	2
31/12/20	£116,377	£821	£115,556	£0	£120,644	£69,604	1017.2	1

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 8.4%
Fundraising Costs/Total Spending: 12%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £100,000-£110,000
Liabilities/Assets: 4%
Liabilities/Income: 56%
Unrestricted Funds/Total Funds: 37%
Reserves/Spending: 98.5 months
Net Current Assets/Spending: -1 months
Quick Ratio: 0.8

Asset Split ?

Established: 4 years

www.theprudencetrust.org

info@theprudencetrust.org

02075662183

Charity Commission for England and Wales

Listed activities

General Charitable Purposes

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Organisations
Provides other finance

Where it operates

Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies

Who works here?

4 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (1)

The Prudence Trust Company Ltd

Legal constitution

Charity registered in England & Wales on 03/02/2020, number: 1187700

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Investment
Paying staff
Risk management

Filing Record

3 returns made; all on time

Main office

The Prudence Trust
Royalty House
32 Sackville Street
LONDON
W1S 3EA

Objectives

THE OBJECTS ARE FOR THE PUBLIC BENEFIT TO BENEFIT SUCH CHARITIES AND ADVANCE SUCH CHARITABLE PURPOSES AS THE TRUSTEES FROM TIME TO TIME THINK FIT BUT THE TRUSTEES MUST NOT PROVIDE GRANTS OR SOCIAL INVESTMENTS TOTALLING MORE THAN Ú100,000 IN ANY PERIOD OF FIVE YEARS TO ANY ONE RECIPIENT WITHOUT THE PRIOR WRITTEN CONSENT OF THE FOUNDER.

Data Sources