Finance Score: 3

Governance Score: 6

Support Score: 10

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

Good trustee age range: +3
Dynamic board: +3

Grant maker support: +10

Overall GiG Score: 19

WATFORD SHELTERED WORKSHOP LIMITED

Providing supported work experience and skills training to people who are disabled or disadvantaged, enabling them to contribute to the community and where possible progress into unsupported employment.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £2,028,063 available, equivalent to 27 months of spending and so may not be able to utilise additional funding

Established: 58 years
(61 years as a company)

www.watfordworkshop.co.uk

enquiries@watfordworkshop.co.uk

01923220256

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
31/03/23	£2,489	£909	£1,580	£0	£2,453	£2,028	26.8	48	13
31/03/22	£768	£780	£-13	£0	£623	£551	8.5	47	6
31/03/21	£966	£694	£272	£0	£636	£538	9.3	45	9
31/03/20	£820	£755	£65	£0	£363	£270	4.3	45	10
31/03/19	£606	£542	£64	£0	£298	£227	5	39	10
31/03/18	£529	£483	£46	£0	£234	£225	5.6	37	0
31/03/17	£510	£517	£-7	£0	£188	£188	4.4	38	0
31/03/16	£422	£413	£9	£0	£0	£0	n/a	0	0
31/03/15	£392	£386	£6	£0	£0	£0	n/a	0	0
31/03/14	£399	£412	£-12	£0	£0	£0	n/a	0	0
31/03/13	£460	£407	£53	£0	£0	£0	n/a	0	0
31/03/12	£336	£297	£39	£0	£0	£0	n/a	0	0
31/03/11	£271	£291	£-20	£0	£0	£0	n/a	0	0
31/03/10	£256	£287	£-32	£0	£0	£0	n/a	0	0
31/03/09	£296	£283	£12	£0	£0	£0	n/a	0	0
31/03/08	£326	£332	£-7	£0	£0	£0	n/a	0	0
31/03/07	£310	£294	£15	£0	£0	£0	n/a	0	0
31/03/06	£271	£240	£31	£0	£0	£0	n/a	0	0
31/03/05	£282	£238	£44	£0	£0	£0	n/a	0	0
31/03/04	£237	£247	£-10	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 4%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 83%
Reserves/Spending: 26.8 months
Net Current Assets/Spending: 32 months
Quick Ratio: 23.9

Asset Split ?

Listed activities

Disability

How it operates

Provides services

Where it operates

Barnet, Buckinghamshire, Harrow, Hertfordshire, Hillingdon,

Who it helps

People With Disabilities

Who works here?

48 employees
13 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

Hertfordshire Community Foundation	£102,663
Wolfson Foundation	£47,500
Garfield Weston Foundation	£45,000
National Lottery Community Fund	£8,560

Specific Donations

Amount	When Months	To be used for
Wolfson Foundation - Grant to Watford Sheltered Workshop
£47,500	06/12/2023	Installation of a mezzanine floor to expand workshop space providing employment and skills training to adults with disabilities
Co-Operative Group - Grant to Watford Workshop
£2,561	21/10/2023	We will provide vital work skills and life skills training to people with disabilities who sit far from the employment market and financial independence.
National Lottery Community Fund - Watford Workshop King's Coronation Celebration
£1,100	17/03/2023	The funding will be used to host a party to celebrate the King's Coronation within a workshop that supports disabled service users. The project aims to bring the workforce staff volunteers and ....more The funding will be used to host a party to celebrate the King's Coronation within a workshop that supports disabled service users. The project aims to bring the workforce staff volunteers and service users' families together.
Crowdfunder - Local Action Fund
£2,190	04/05/2022	Covid response
Hertfordshire Community Foundation - Safety and Crime Prevention
£5,000	01/03/2022	Grant to Watford Sheltered Workshop Ltd
Hertfordshire Community Foundation - Springboard to employability, wellbeing and friendship
£68,663	12/01/2022	Grant to Watford Sheltered Workshop Ltd
WCIT Charity - Grant to Watford Sheltered Workshop
£3,000	24/11/2021	Funding for providing basic IT training and online safety to learning disabled beneficiaries.
Co-Operative Group - Grant to Watford Workshop
£1,161	23/10/2021	We will provide employment and work skills training to adults with disabilities who now, more than ever, face an extremely difficult route into employment.
Sir Jules Thorn Charitable Trust - Watford Sheltered Workshop Limited - 22/06/21
£1,500	07/07/2021	Core Funding
Hertfordshire Community Foundation - No Ordinary Workplace - Preparing you for life
£5,000	15/06/2021	Grant to Watford Sheltered Workshop Ltd
Hertfordshire Community Foundation - Grant to Watford Sheltered Workshop Ltd
£14,000	29/03/2021	PPE; social contact; support against loneliness; help and advice
Hertfordshire Community Foundation - Watford Workshop Covid-19 Relief
£5,000	25/09/2020	Grant to Watford Sheltered Workshop Ltd
DCMS - VSCE CMC Fund
£5,000	24/08/2020	NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots ....more NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots and small organisations who can provide an on-the-ground community response to the crisis; and, support local charitable organisations to mobilise volunteers to enable better targeted support in communities through empowered local groups.
National Lottery Community Fund - Watford Workshop -Covid -19 support project
£7,460	29/05/2020 6	The funding will be used to provide telephone and video support to people with disabilities and complex needs currently isolated at home. The project aims to use positive communication around health ....more The funding will be used to provide telephone and video support to people with disabilities and complex needs currently isolated at home. The project aims to use positive communication around health needs and anxieties faced during isolation.
CAF - Grant to Watford Workshop
£5,000	12/05/2020 3	Grant to Watford Workshop to support the organisation through COVID19
Hertfordshire Community Foundation - Watford Workshop Covid-19 Relief
£5,000	14/04/2020	Grant to Watford Sheltered Workshop Ltd
Garfield Weston Foundation - Multi-Year Grant (3 Years) award
£45,000	07/02/2020	No Ordinary Workplace - Preparing for life
Quartet Community Foundation - Grant to Watford Workshop
£2,560	10/12/2019	To purchase ergonomic chairs and footrests for adults with disabilities.
Hertfordshire Community Foundation - Dealing with Emergencies and Crime Prevention Training
£5,000	21/11/2018 11	Grant to Watford Sheltered Workshop

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Age Range of Trustees: 25-80

DR PARUL KARIA Appointed: 2023, Occupation: Doctor

GILLIAN FRANCES BUTTON Appointed: 2017, Occupation: County Councillor

JONAH SOLOMONS Appointed: 2018, Occupation: Student

MICHELLE AYLWARD-JONES Appointed: 2018, Occupation: Management Consultant

NATALIE KREEGER Appointed: 2023, Occupation: Director

PAUL ANTHONY TRAINOR Appointed: 2018, Occupation: Insurance Broker

RONNIE JACOB Appointed: 2015, Occupation: Chartered Accountant

SARAH EDWARDS Appointed: 2023, Occupation: Health And Safety Manager

TIMOTHY JAMES WILLIAMS Appointed: 2017, Occupation: Credit Manager, Other trusteeship: THE PALACE THEATRE WATFORD LIMITED,

Legal constitution

Charitable company registered in England & Wales on 17/08/1966, number: 229947
Registered at Companies House on 18/03/1963, number: 00753764

Gift Aid

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
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

20 returns made; all on time

Main office

WATFORD SHELTERED WORKSHOP LTD
CENTURY PARK
DALTON WAY
WATFORD
WD17 2SF

Objectives

TO ASSIST BY THE PROVISION OF EMPLOYMENT, TRAINING AND RELIEF OF PERSONS IN HERTFORDSHIRE WHO BY REASON OF PHYSICAL OR MENTAL DISABILITY ARE PERMANENTLY AND SUBSTANTIALLY HANDICAPPED AND ARE INCAPABLE OF OBTAINING NORMAL EMPLOYMENT. (FOR DETAILS SEE MEMORANDUM AND ARTICLES).

Defined Area of Benefit:

HERFORDSHIRE

Data Sources