Finance Score: -3

Governance Score: -5

Support Score: 2

Volatile income: -3
No PartB

2 Trustees: -2
Narrow trustee age band: -2

Grant maker support: +2

Overall GiG Score: -6

GROW INSPIRES CHARITABLE TRUST

Grow Inspires Charitable Trust supports those starting businesses to enable them to fulfil their potential as business people. We operate in the south and southwest of the UK.

Analysis by Giving is Great

Positives:

A significant proportion of recent income was derived from major grant makers

Regulatory & Governance issues to consider:

There are only 2 trustees
The Board has little diversity in terms of age

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Income has been volatile recently

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income	Spending	Surplus/ Deficit
31/03/23	*	£1,180	£268	£912
31/03/22		£2,230	£2,259	£-29
31/03/21	*	£3,759	£539	£3,220

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Download accounts

Highest pay bracket: less than £60,000

Established: 4 years
(7 years as a company)

https://growinspires.org

mark@growinspires.org

Charity Commission for England and Wales

Listed activities

Armed Forces/Emergency Service Efficiency
Disability
Education/Training
Human Rights/Religious Or Racial Harmony/Equality Or Diversity
The Prevention Or Relief Of Poverty

GiG Classification

Legal & financial advice

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services

Where it operates

Throughout England,

Who it helps

People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who supports 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
Allen Lane Foundation - Grant to Grow Inspires
£4,500	11/03/2021	£4,500 single grant for this organisation based in Bristol to support Project Phoenix - courses and mentoring for ex-offenders to develop their own businesses.
National Lottery Community Fund - Phoenix continuation
£9,950	31/03/2020 10	The funding will allow the project to continue its development programme, designed for those with limited access to employment, including ex-offenders, to grow a sustainable business with a view to ....more The funding will allow the project to continue its development programme, designed for those with limited access to employment, including ex-offenders, to grow a sustainable business with a view to securing employment.
National Lottery Community Fund - Project Phoenix
£9,800	04/01/2019 12	The funding will be used to provide an enterprise skills and mentoring programme for Justice-served individuals. The project aims to help participants' towards self-employment without stigma.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (2)

Current Trustees appointed

Age Range of Trustees: 54-60

ELERI COSSLETT Appointed: 2020, Occupation: Lawyer

MARK NEILD (Chair) Appointed: 2017, Occupation: Director

Legal constitution

Charity registered in England & Wales on 12/08/2020, number: 1190828
Registered at Companies House on 15/02/2017, number: 10621384

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

3 returns made; AR23: 125 days late, AR21: 5 days late,

Main office

The Courtenay
Courtenay Place
TEIGNMOUTH
Devon
TQ14 8AY

Objectives

THE PREVENTION OR RELIEF OF POVERTY OR FINANCIAL HARDSHIP ANYWHERE IN THE WORLD BY PROVIDING GRANT FUNDING TO PEOPLE IN FINANCIAL HARDSHIP, IN PARTICULAR EX-OFFENDERS AND PEOPLE WHO ARE HOMELESS OR AT RISK OF HOMELESSNESS, IN SUPPORTING THEM TO ACHIEVE A SUSTAINABLE INCOME AND BE SELF-SUFFICIENT.

Data Sources