Finance Score: -5

Governance Score: 3

Support Score: 9

Low unrestricted reserves: -2
Fundraising costs high: -3

Dynamic board: +3

Grant maker support: +9

Overall GiG Score: 7

LONDON DEVELOPMENT TRUST

Champion of social and economic regeneration activities across London. Ownership of assets to promote wellbeing, community cohesion, education, and economic benefit

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end
Fundraising costs are 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	£597	£649	£-52	£156	£117	£12	0.2	11	25
31/03/22	£372	£265	£107	n/a	n/a	n/a	n/a	n/a	50
31/03/21	£242	£180	£62	n/a	n/a	n/a	n/a	n/a	50

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Financial Ratios

Fundraising Costs/Relevant Income: 26.1%
Fundraising Costs/Total Spending: 24%
Highest pay band: Less than £60,000
Liabilities/Assets: 65%
Liabilities/Income: 36%
Unrestricted Funds/Total Funds: 11%
Reserves/Spending: 0.2 months
Net Current Assets/Spending: 5 months
Quick Ratio: 6.7

Asset Split ?

Established: 4 years

www.ldtgroup.org.uk

simon.donovan@ldtgroup.org.uk

02088027580

Charity Commission for England and Wales

Tweets

Listed activities

Disability
Economic/Community Development/Employment
Environment/Conservation/Heritage
General Charitable Purposes
The Prevention Or Relief Of Poverty

GiG Classification

Other facilities management and maintenance

How it operates

Provides buildings/facilities/open space
Provides services

Where it operates

Throughout London,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People With Disabilities
The General Public/Mankind

Who works here?

11 employees
25 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.

Major supporters in last 5 years

City Bridge Trust	£167,400
BBC Children in Need	£49,504
Rank Foundation	£20,000
Power to Change	£10,000
The London Community Foundation	£10,000

Specific Donations

Amount	When Months	To be used for
City Bridge Trust - Grant to London Development Trust
£167,400	27/01/2023 36	£167,400 over three years (£53,780; £55,760; £57,860) to support the costs of a food poverty project across Hackney which, through three food hubs, will serve culturally diverse communities and ....more £167,400 over three years (£53,780; £55,760; £57,860) to support the costs of a food poverty project across Hackney which, through three food hubs, will serve culturally diverse communities and tackle the root causes of food poverty in the long-term.
Power to Change - London Development Trust (RCF)
£10,000	12/12/2022	Grant to London Development Trust (RCF)
BBC Children in Need - Grant to London Development Trust
£49,504	02/09/2022	This grant will empower children and young people from Hackney to deliver Social Action in their community.
Rank Foundation - GOLDEN AWARDS LONDON DEVELOPMENT TRUST 2022
£20,000	23/03/2022	The Golden Award was given to London Development Trust A young people's organisation in North London that seeks to empower young people by giving them a stronger and clearer voice.
The London Community Foundation - Grant to MHDT London Development Trust
£10,000	24/11/2020 4	Developing and enhancing our current aid services to vulnerable households, i.e. food, art packs, digital devices; building community resilience by training volunteers; salaries for project ....more Developing and enhancing our current aid services to vulnerable households, i.e. food, art packs, digital devices; building community resilience by training volunteers; salaries for project coordinators; making physical adaptations to our community centre; establishing a cloud based solution to safely manage the organisation remotely and provide support to staff.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

Age Range of Trustees:

LONAS ANDREW Appointed: 2020

DANIEL JOHN MASSIE Appointed: 2023, Occupation: Development Director

JAMES WAND Appointed: 2021

JONATHAN DARBY (Chair) Appointed: 2020, Occupation: Civil Servant

MAKI NAKAGAWA Appointed: 2020, Occupation: Project Manager

Legal constitution

Charitable company registered in England & Wales on 30/04/2020, number: 1189281
Registered at Companies House on 20/12/2018, number: 11736891

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

3 returns made; all on time

Main office

REDMOND COMMUNITY CENTRE
KAYANI AVENUE
LONDON
N4 2HF

Objectives

THE COMPANY’S OBJECTS ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:- 3.1 TO PROMOTE FOR THE BENEFIT OF THE INHABITANTS OF LONDON AREA WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS, BY ASSOCIATING TOGETHER THE SAID INHABITANTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND OTHER LEISURE TIME OCCUPATIONS WITH THE OBJECTS OF IMPROVING THE CONDITIONS OF LIFE OF THE SAID INHABITANTS.3.2 TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRES (HEREINAFTER CALLED 'THE CENTRE') AND TO MAINTAIN AND MANAGE THE SAME (WHETHER ALONE OR IN CO-OPERATION WITH ANY LOCAL AUTHORITY OR PERSON OR BODY) IN FURTHERANCE OF THESE OBJECTS.

Data Sources