Finance Score: 3
Governance Score: 3
Support Score: 9
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Grant maker support: +9
Overall GiG Score: 15 ?

LIMEHOUSE PROJECT LTD 

The Limehouse Project provides a wide range of advice, support, education and employment training services for communities across Tower Hamlets.
Analysis by Giving is Great

Positives:

  • There have been no material income shortfalls in recent years
  • 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
Established: 37 years
(39 years as a company)

www.limehouseproject.org.uk

info@limehouseproject.org.uk

02075380075

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?

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£935£931£4£1£940£88311.42726
31/03/22£822£848£-26£0£937£86812.32525
31/03/21£918£792£126£0£962£350.52113
31/03/20£907£858£49£0£836£82111.52212
31/03/19£866£861£5£3£788£715102225
31/03/18£797£719£78£10£783£71111.9170
31/03/17£697£636£61£14£705£57310.8110
31/03/16£701£593£108£6£643£55211.290
31/03/15£474£405£69£0£0£0n/a00
31/03/14£489£436£53£0£0£0n/a00
31/03/13*£414£525£-111£0£0£0n/a00
31/03/12£869£873£-4£16£524£5247.2160
31/03/11*£809£769£40£11£529£5298.2170
31/03/10*£1,352£1,233£119£15£488£4854.7170
31/03/09*£803£588£215£0£369£1843.7190
31/03/08£531£518£13£6£155£1403.2130
31/03/07£489£541£-52£0£0£0n/a00
31/03/06*£714£584£129£0£0£0n/a00
31/03/05£355£345£10£0£0£0n/a00
31/03/04£301£305£-4£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0.1%
Fundraising Costs/Total Spending: 0.1%
Senior Staff Costs/Total Spending: 8%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 32%
Liabilities/Income: 47%
Unrestricted Funds/Total Funds: 94%
Reserves/Spending: 11.4 months
Net Current Assets/Spending: 5 months
Quick Ratio: 2.2
Asset Split ?
Listed activities
  • Economic/Community Development/Employment
  • Education/Training
  • Other Charitable Purposes
  • The Prevention Or Relief Of Poverty
How it operates
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Barking And Dagenham, Hackney, Newham, Tower Hamlets,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People Of A Particular Ethnic Or Racial Origin
  • The General Public/Mankind
Who works here?
  • 27 employees
  • 26 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
Henry Smith Charity£245,500
City Bridge Trust£184,630
DCMS£80,140
Masonic Trust£56,567
Power to Change£25,000
The Clothworkers Foundation£15,000
Home Office£10,910
Specific Donations
Amount When
Months
To be used for
Henry Smith Charity - Grant to Limehouse Project
£108,500 17/05/2022
36
towards three years' salary of a Money and Welfare Benefits Adviser at a project providing welfare benefits advice and support for disadvantaged communities, impacted by the COVID-19 pandemic, in the ....more
Henry Smith Charity - Grant to Limehouse Project
£137,000 09/06/2021
36
towards three years' salary of an Employment Adviser at a project providing employment support for people from disadvantaged BAME communities in the London Borough of Tower Hamlets.
City Bridge Trust - Grant to Limehouse Project Ltd.
£10,000 15/12/2020
0
Masonic Trust - MCF Large Grant
£56,567 14/10/2020
A grant to support the Living Well Club which supports socially isolated older people in Tower Hamlets
City Bridge Trust - Grant to Limehouse Project Ltd.
£117,100 17/09/2020
36
£117,100 over three years (£37,900; £39,000; £40,200) for the salary of a full time Universal Credit Support Worker and related running costs.
DCMS - Coronavirus Community Support Fund
£80,140 09/09/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more
City Bridge Trust - Grant to Limehouse Project Ltd.
£42,010 02/09/2020
towards costs as outlined in your application including 2 FTE C-19 Response Employability Officers and associated running costs, excluding contingency and with management overheads reduced to £4,499
Lloyds Bank Foundation - Variation grant to Limehouse Project Ltd
£7,090 23/07/2020
Grant to Limehouse Project Ltd meeting the additional costs of adapting services, premises or implementing other safety measures in response to the Covid pandemic.
Power to Change - C-19 TISS - Limehouse Project Ltd
£25,000 02/07/2020
Grant to C-19 TISS - Limehouse Project Ltd
City Bridge Trust - Grant to Limehouse Project
£15,520 11/06/2020
£15,520 to fund the essential and urgent costs outlined in the application, in order to carry on providing support to Londoners.
Home Office - LIMEHOUSE PROJECT (THE) (G)
£10,910 01/04/2020
This grants scheme will enable organisations to provide practical support to vulnerable EU citizens to help them make their EU Settlement Scheme application by 30 June 2021 and continuing support ....more
The Clothworkers Foundation - Grant to Limehouse Project
£15,000 16/07/2019
purchase of laptops, desktops and a whiteboard for a charity which works with disadvataged minority communities in Limehouse
Home Office - EU Settlement Grant Scheme Funding 2019-20
£38,966 01/04/2019
This grants scheme is enabling organisations to provide practical support to vulnerable EU citizens through information-giving, advice and provision of technology and assistance to help them make ....more
National Lottery Community Fund - Developing Potential
£433,932 30/01/2019
36
The project will focus on supporting unemployed BAME women looking for work (women facing multiple disadvantage in accessing work and services) to help them better understand their choices with ....more
Lloyds Bank Foundation - Grant to Limehouse Project Ltd
£73,008 29/08/2017
36
This charity provides a range of support to people from BME communities in the deprived borough of Tower Hamlets. The request is for continuation funding for its employment programme which addresses ....more
Power to Change - Limehouse Project
£105,378 30/11/2016
Start-up funding for a community nursery, covering equipment, a contribution towards initial salaries and overheads, and business development support
Power to Change - Limehouse Project
£105,378 30/06/2016
6
Grant to Limehouse Project
National Lottery Community Fund - Childcare Plus (CP+)
£353,788 18/05/2015
36
The project will support unemployed and under-skilled women predominately of Bangladeshi and Somali origin in the borough of Tower Hamlets, London. The service will offer 500 economically inactive ....more
City Bridge Trust - Grant to Limehouse Project
£70,800 25/09/2014
36
£70,800 over three years (£23,200; £23,450; 24,150) for the salary and related costs of a part-time Money and Debt Advisor.
Lloyds Bank Foundation - Grant to Limehouse Project Ltd
£73,050 10/09/2014
This charity provides a range of support to people from BME communities in the deprived borough of Tower Hamlets. The request is for continuation funding for its employment programme which addresses ....more
Henry Smith Charity - Grant to Limehouse Project
£88,500 05/12/2012
36
towards three years’ salary of an Employment Adviser to support disadvantaged people in the London Borough of Tower Hamlets into education and employment
Esmee Fairbairn - Grant to Limehouse Project
£58,319 17/12/2008
24
Towards Core costs Towards the salary of the project co-ordinator and associated costs to improve social cohesion by actively engaging BME women in the wider social community and public life of Tower ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)
Current Trustees appointed

Age Range of Trustees: 31-79
  • ATIYA SHEIKH Appointed: 2013, Occupation: Management Consultant
  • SHEPU MIAH Appointed: 2010, Occupation: Customer Advisor
Legal constitution
  • Charitable company registered in England & Wales on 07/01/1987, number: 295857
  • Registered at Companies House on 18/05/1984, number: 01817676
Gift Aid
  • Registered with HMRC for Gift Aid
Other Regulators
  • Financial Conduct Authority
  • Ofsted (Office For Standards In Education)
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
20 returns made; AR13: 1 days late, AR11: 31 days late, AR10: 20 days late, AR09: 118 days late, AR06: 32 days late,
Main office

789-791 Commercial Road
Unit 2
St Anne Street
London

Objectives

TO PROMOTE THE BENEFIT OF THE INHABITANTS OF TOWER HAMLETS AND, AT THE DISCRETION OF THE TRUSTEES, OTHER AREAS OF LONDON, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION, TO RELIEVE POVERTY AND NEED, TO ADVANCE GOOD HEALTH, AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS.

Defined Area of Benefit:

TOWER HAMLETS AND OTHER AREAS OF LONDON AT THE TRUSTEES DISCRETION

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase

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