Finance Score: 0

Governance Score: 6

Support Score: 12

Poor Liquidity: -1
Multiple Deficits: -2
Fundraising costs low: +3

Good trustee age range: +3
Gender balanced board: +3

Grant maker support: +12

Overall GiG Score: 18

THE VENTURE TRUST

Venture Trust helps people, who, because of their life experiences, are marginalised, disadvantaged, chaotic or vulnerable, to recognise what they need to change, then gives them the confidence, motivation and lifeskills they need to make those changes. At the heart of its work, Venture Trust gives people time, space, challenge and intensive personal development support in wilderness settings.

Analysis by Giving is Great

Positives:

Fundraising costs are unusually low relative to funds raised
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 gender

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
On several occasions in recent years income has been less than spending

Established: 41 years

www.venturetrust.org.uk

finance@venturetrust.org.uk

01312287700

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		£2,419	£2,731	£-313	£15	£128	£87	0.4	58	8
31/03/22		£2,832	£2,711	£121	£14	£441	£381	1.7	58	7
31/03/21		£2,709	£2,616	£93	£17	£320	£241	1.1	57	0
31/03/20		£2,724	£2,851	£-128	£18	£227	£119	0.5	56	0
31/03/19		£3,039	£3,002	£37	£12	£355	£221	0.9	67	13
31/03/18		£2,931	£2,936	£-5	£6	£318	£200	0.8	67	0
31/03/17		£2,661	£2,678	£-17	£8	£323	£189	0.8	61	0
31/03/16		£2,507	£2,443	£64	£63	£340	£183	0.9	57	0
31/03/15		£2,575	£2,433	£142	£20	£275	£144	0.7	55	0
31/03/14		£2,312	£2,634	£-321	£27	£145	£66	0.3	64	0
31/03/13		£2,905	£2,951	£-46	£26	£466	£289	1.2	74	0
31/03/12		£2,912	£2,998	£-85	£20	£512	£287	1.1	72	0
31/03/11		£2,736	£2,799	£-63	£34	£598	£274	1.2	69	0
31/03/10		£2,527	£2,104	£423	£37	£661	£200	1.1	54	0
31/03/09		£1,360	£1,258	£102	£16	£238	£131	1.2	29	0
31/03/08		£1,414	£1,387	£27	£30	£136	£27	0.2	29	0
31/03/07		£1,079	£1,039	£40	£17	£110	£0	n/a	25	0
31/03/06		£814	£749	£65	£0	£0	£0	n/a	0	0
31/03/05		£654	£625	£29	£0	£0	£0	n/a	0	0
31/03/04	*	£491	£543	£-52	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.6%
Fundraising Costs/Total Spending: 0.5%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 70%
Liabilities/Income: 12%
Unrestricted Funds/Total Funds: 68%
Reserves/Spending: 0.4 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.7

Asset Split ?

Listed activities

Armed Forces/Emergency Service Efficiency
Disability
Economic/Community Development/Employment
Education/Training
The Prevention Or Relief Of Poverty

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Scotland,

Who it helps

Children/Young People
Other Defined Groups
People With Disabilities

Who works here?

58 employees
8 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

Impetus PEF	£434,750
Ministry of Defence	£264,025
Garfield Weston Foundation	£30,000
Department for Work and Pensions	£19,727

Specific Donations

Amount	When Months	To be used for
Impetus PEF -
£50,000	01/08/2022
Department for Work and Pensions - THE VENTURE TRUST
£15,227	01/04/2022	The Kickstart Scheme provides funding to employers to create jobs for 16 to 24 year olds on Universal Credit.
Ministry of Defence - Covenant Fund
£40,000	12/11/2021	For existing charitable projects to help charities to sustain activities and services that people from Armed Forces communities use and value.
Garfield Weston Foundation - Main Grants award
£30,000	05/11/2021	Venture Trust: See Potential
Impetus PEF -
£206,250	01/07/2021
Department for Work and Pensions - THE VENTURE TRUST
£4,500	01/04/2021	The Kickstart Scheme provides funding to create new jobs for 16 to 24 year olds on Universal Credit who are at risk of long term unemployment.
Ministry of Defence - Covenant Fund
£35,000	12/02/2021	Address social isolation by targeting specific groups within the Armed Forces community who are traditionally harder to reach.
Ministry of Defence - £10M Veterans' Mental Health and Wellbeing Fund
£35,000	13/11/2020	The Positive Pathways programme funded projects that develop and run activities supporting the mental health and wellbeing of ex-Forces.
Ministry of Defence - Financial Assistance/Support
£154,025	01/04/2020	. Banking fines - Treasury to direct to various Armed Forces causes.
Impetus PEF -
£178,500	01/07/2019
National Lottery Heritage Fund - Grant to Venture Trust
£80,400	25/03/2019	Understanding Our Place in Time: Women at risk of offending discovering their place in heritage
Comic Relief - Make Yourself at Home
£177,757	06/11/2018 36	The project uses sport activities in a wilderness environment to address the complex needs of young people whose chaotic backgrounds have led to them experiencing, or being at risk of experiencing ....more The project uses sport activities in a wilderness environment to address the complex needs of young people whose chaotic backgrounds have led to them experiencing, or being at risk of experiencing homelessness. Outdoor pursuits are used as a tool to promote personal development, and develop the lifeskills necessary for sustainable, positive futures. 16-24 year olds from different parts of Scotland will attend a residential and be supported in their local areas to transfer the skills learnt to their everyday lives. The grant will pay for project staff, residential costs and contribute to the organisation’s overheads.
Impetus PEF -
£206,000	01/07/2018
Impetus PEF -
£154,000	01/07/2017
National Lottery Heritage Fund - Grant to Venture Trust
£49,900	30/05/2016	Tracking the Highland Drovers – Young Carers Exploring the History and Heritage of Drovers' Routes
Dulverton Trust - Transitions Programme
£90,000	10/06/2015	Transitions Programme
Comic Relief - Inspiring Young Futures (IYF) programme - SSRHAP
£50,000	18/03/2015 24	33,000 Scots aged 16-19 are not in employment, education or training, and in the Central Belt a notable concentration of young people have substance misuse issues, experience of homelessness or being ....more 33,000 Scots aged 16-19 are not in employment, education or training, and in the Central Belt a notable concentration of young people have substance misuse issues, experience of homelessness or being in care, and are on the cusp of offending. Venture Trust targets these vulnerable young people, taking them on a 7-day 'wilderness journey' in remote areas of Scotland, to challenge them through outward bound activities and allow time and space to reflect away from daily life. The grant will fund the staff leading these 'journeys'. Mentoring support for young people afterward helps them overcome their individual issues and build self-esteem, so they can enter education, training or the workplace.
National Lottery Heritage Fund - Grant to Venture Trust
£30,100	16/12/2013	The Lowland Clearances - young carers explore Scotland's silent revolution

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Based on 8/9 persons

Age Range of Trustees: 45-73

ADAM BURLEY Appointed: 2020, Occupation: Consultant Clinical Psychologist

ALASTAIR CLARKSON Appointed: 2017, Occupation: Actuary

ANGELA MCCUSKER Appointed: 2022, Occupation: Chartered Accountant, Other trusteeship: THE MINDFULNESS INITIATIVE,

CATHERINE LOUISE LINDSAY Appointed: 2018, Occupation: Consultant

HUGH ROBERT MCGREGOR Appointed: 2019, Occupation: Retired Social Worker

JILL ANN ROULSTON Appointed: 2018, Occupation: Accountant

KATY LOUISE HETHERINGTON Appointed: 2018, Occupation: Organisation Lead Child & Adolescent Public Health

NICOLA THOMSON Appointed: 2017, Occupation: Marketing Director

WILLIAM STEPHEN Appointed: 2023, Occupation: Principal Teacher

Legal constitution

Charitable company registered in England & Wales on 16/03/1983, number: 285891
Registered at Companies House on 25/10/1982, number: 01673720

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
Paying staff
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
Volunteer management

Filing Record

20 returns made; AR04: 1 days late,

Main office

Venture Trust
Unit 6 Block 1
Manor Farm Business Park
Manor Loan
STIRLING
FK9 5QD

Objectives

(A) THE ADVANCEMENT OF EDUCATION, THROUGH THE PROVISION OF PROGRAMMES OF PERSONAL AND SOCIAL DEVELOPMENT TO PEOPLE, AGED OVER 16 YEARS, BY THE PARTICIPATION IN COMMUNITY AND OUTDOOR-BASED EDUCATION, ADVENTURE ACTIVITIES AND LEARNING THEREBY ASSISTING IN DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO OVERCOME DISADVANTAGE AND IN THE INTERESTS OF SOCIAL WELFARE (B) TO SUPPORT THE PREVENTION OF OFFENDING AND REHABILITATION OF INDIVIDUALS ADDRESSING THE UNDERLYING CAUSES OF OFFENDING AND ENABLE THEM TO BECOME RESPONSIBLE MEMBERS OF SOCIETY SO THAT THEIR CONDITIONS OF LIFE MAY BE IMPROVED (C) TO ASSIST PEOPLE, AGED OVER 16 YEARS, TO BENEFIT FROM FURTHER TRAINING OR EDUCATION, WORK EXPERIENCE OR TO ENTER EMPLOYMENT (D) TO ASSIST AND ENCOURAGE PEOPLE, AGED 16 AND ABOVE, WHO HAVE NEED BY REASON OF THEIR SOCIAL AND ECONOMIC CIRCUMSTANCES, TO DEVELOP AN ABILITY TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS. (E) TO PROMOTE AND CONDUCT RESEARCH INTO PERSONAL AND SOCIAL DEVELOPMENT AND WILDERNESS/OUTDOOR-BASED DEVELOPMENT PROGRAMMES, AND TO IDENTIFY THE DEVELOPMENTAL NEEDS OF PEOPLE AND SOCIAL CONDITIONS AFFECTING PEOPLE AND TO PUBLISH RESULTS AND INSIGHTS (F) TO PROMOTE OR BENEFIT SUCH ONE OR MORE PURPOSES OR INSTITUTIONS AS SHALL FROM TIME TO TIME BE CHARITABLE BY ENGLISH LAW?

Defined Area of Benefit:

NOT DEFINED

Data Sources