Finance Score: -2

Governance Score: 0

Support Score: 3

Liabilities <10%: +3
Excess reserves: -5
Strong growth: +2
Multiple Deficits: -2

Gov Income
Grant maker support: +3

Overall GiG Score: 1

THE EARL OF NORTHAMPTON'S CHARITY

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

1.The administration of almshouses in Greenwich, London and Shotesham, Norfolk.2 Welfare grants to support individuals and charities

Analysis by Giving is Great

Positives:

The charity has received Government grants
This charity has a robust balance sheet
There has been strong growth in spending over the last 5 years

Regulatory & Governance issues to consider:

One or more trustees receive payments or benefits from the charity for providing services to the charity
This charity uses a corporate trustee

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £11,409,000 available, equivalent to 83 months of spending and so may not be able to utilise additional funding
On several occasions in recent years income has been less than spending

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	£1,288	£1,640	£-352	£2	£31,820	£11,409	83.5	0	80
31/03/22	£1,162	£1,488	£-326	£0	£33,485	£11,993	96.7	0	80
31/03/21	£1,141	£1,695	£-554	£0	£32,948	£12,226	86.6	0	87
31/03/20	£1,305	£1,244	£61	£1	£28,221	£11,733	113.2	0	100
31/03/19	£1,259	£872	£387	£0	£30,640	£11,979	164.8	0	100
31/03/18	£1,056	£701	£355	£0	£29,698	£11,532	197.4	0	0
31/03/17	£1,026	£698	£328	£0	£29,728	£11,183	192.3	0	0
31/03/16	£963	£704	£259	£0	£26,934	£10,765	183.5	0	0
31/03/15	£940	£719	£221	£24	£27,226	£10,533	175.8	0	0
31/03/14	£914	£704	£210	£29	£25,901	£10,334	176.1	2	0
31/03/13	£796	£735	£61	£27	£24,736	£10,080	164.6	2	0
31/03/12	£1,183	£1,013	£170	£23	£23,044	£10,198	120.8	2	0
31/03/11	£1,062	£594	£468	£17	£23,019	£7,397	149.4	2	0
31/03/10	£769	£532	£237	£18	£22,126	£7,265	163.9	1	0
31/03/09	£1,639	£576	£1,063	£19	£18,935	£7,140	148.8	2	0
31/03/08?	£2,566	£771	£1,795	£21	£22,348	£6,755	105.1	4	0
30/09/06	£4,295	£439	£3,856	£0	£0	£0	n/a	0	0
30/09/05	£1,317	£481	£836	£0	£0	£0	n/a	0	0
30/09/04	£693	£347	£346	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 12.8%
Fundraising Costs/Total Spending: 4.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 11%
Unrestricted Funds/Total Funds: 36%
Reserves/Spending: 83.5 months
Net Current Assets/Spending: 7 months
Quick Ratio: 7.8

Asset Split ?

Established: 57 years

www.mercers.co.uk

info@mercers.co.uk

02077264991

Charity Commission for England and Wales

Listed activities

Accommodation/Housing
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Organisations
Provides buildings/facilities/open space

Where it operates

Norfolk, Shropshire, Throughout London,

Who it helps

Elderly/Old People
The General Public/Mankind

Who works here?

Unknown number of employees
80 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (1)

THE MERCERS' COMPANY

Legal constitution

Charity registered in England & Wales on 09/02/1967, number: 210291

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
Investing charity funds policy and procedures
Investment
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

19 returns made; all on time

Main office

6 Frederick's Place
LONDON
EC2R 8AB

Objectives

(A) THE PROVISION OF HOUSING ACCOMMODATION FOR BENEFICIARIES (BENEFICIARIES MEANS POOR PERSONS OR MARRIED COUPLES OF GOOD CHARACTER WHO HAVE RESIDED OR IN THE CASE OF A MARRIED COUPLE ONE OF WHOM HAS RESIDED IN THE PRESCRIBED AREAS OF BENEFIT FOR NOT LESS THAN FOUR YEARS NEXT PRECEDING THE TIME OF APPOINTMENT);(B) SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF THE RESIDENTS AS THE TRUSTEES DECIDE; AND(C) THE RELIEF OF THOSE IN NEED, HARDSHIP OR DISTRESS BY THE PROVISION OF GRANTS.

Defined Area of Benefit:

PLEASE REFER TO THE SCHEME.

Data Sources