Finance Score: 2

Governance Score: 6

Support Score: 7

Positive trading contribution: +2;

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

Grant maker support: +7

Overall GiG Score: 15

THE POETRY SOCIETY

Arts & CultureEducation & Training

Analysis by Giving is Great

Positives:

More than half of total income was derived from trading and fees in the latest year
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

Regulatory & Governance issues to consider:

One or more trustees receive payments or benefits from the charity for providing services to the charity

Established: 60 years
(100 years as a company)

www.poetrysociety.org.uk

info@poetrysociety.org.uk

02074209880

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		£1,131	£1,006	£125	£0	£1,378	£1,236	14.7	12	3
31/03/22		£1,074	£919	£155	£7	£1,259	£576	7.5	12	0
31/03/21		£950	£921	£29	£7	£1,115	£998	13	12	2
31/03/20		£1,279	£1,072	£207	£135	£1,078	£994	11.1	15	30
31/03/19		£1,101	£1,035	£66	£118	£868	£790	9.2	14	30
31/03/18	*	£1,010	£893	£117	£56	£802	£782	10.5	13	0
31/03/17		£1,087	£924	£163	£33	£685	£436	5.7	13	0
31/03/16		£899	£874	£25	£59	£522	£508	7	13	0
31/03/15		£924	£905	£20	£66	£496	£483	6.4	14	0
31/03/14		£828	£811	£17	£82	£477	£464	6.9	14	0
31/03/13		£785	£761	£23	£75	£460	£446	7	12	0
31/03/12		£660	£854	£-194	£80	£436	£423	5.9	12	0
31/03/11	*	£863	£765	£98	£84	£630	£551	8.6	13	0
31/03/10		£772	£757	£15	£81	£533	£518	8.2	13	0
31/03/09	*	£742	£746	£-4	£88	£518	£487	7.8	14	0
31/03/08		£661	£681	£-20	£88	£522	£508	9	14	0
31/03/07		£663	£686	£-23	£86	£542	£514	9	14	0
31/03/06	*	£712	£635	£77	£0	£0	£0	n/a	0	0
31/03/05		£567	£586	£-18	£0	£0	£0	n/a	0	0
31/03/04	*	£548	£537	£11	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 9%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 10%
Liabilities/Income: 14%
Unrestricted Funds/Total Funds: 90%
Reserves/Spending: 14.7 months
Net Current Assets/Spending: 10 months
Quick Ratio: 6

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Education/Training

How it operates

Acts as an umbrella or resource body
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Provides services
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who works here?

12 employees
3 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.

Specific Donations

Amount	When Months	To be used for
The Foyle Foundation - Arts
£150,000	18/09/2023	towards the Foyle Young Poets of the Year Award in 2024 and 2025
The Foyle Foundation - Arts
£75,000	29/11/2022	towards support for Foyle Young Poets of the Year in 2023, and transition to a new model
DCMS - Poet Laureate Support Role
£15,578	01/04/2022	To ensure that DCMS, as the Government department for supporting culture in the UK, can provide support to the Poet Laureate, via a host organisation, so they are able to undertake activities and ....more To ensure that DCMS, as the Government department for supporting culture in the UK, can provide support to the Poet Laureate, via a host organisation, so they are able to undertake activities and projects suited to the role as they see fit.
DCMS - Poet Laureate Support Role
£14,707	01/04/2021	To ensure that DCMS, as the Government department for supporting culture in the UK, can provide support to the Poet Laureate, via a host organisation, so they are able to undertake activities and ....more To ensure that DCMS, as the Government department for supporting culture in the UK, can provide support to the Poet Laureate, via a host organisation, so they are able to undertake activities and projects suited to the role as they see fit.
DCMS - Poet Laureate Support Role
£13,100	01/04/2020	To ensure that DCMS, as the Government department for supporting culture in the UK, can provide support to the Poet Laureate, via a host organisation, so they are able to undertake activities and ....more To ensure that DCMS, as the Government department for supporting culture in the UK, can provide support to the Poet Laureate, via a host organisation, so they are able to undertake activities and projects suited to the role as they see fit.
DCMS - Poetry Society NPO
£361,083	01/04/2020	The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given the chance to flourish and where everyone of us has access to a remarkable range of high quality cultural experiences. Between 2018 and 2022, we will invest £1.45 billion of public money from government and an estimated £860 million from the National Lottery to help deliver this vision.
DCMS - The Poetry Society - Literature Marketeers and the Free Verse Network
£7,000	01/04/2020	The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given the chance to flourish and where everyone of us has access to a remarkable range of high quality cultural experiences. Between 2018 and 2022, we will invest £1.45 billion of public money from government and an estimated £860 million from the National Lottery to help deliver this vision.
The Foyle Foundation - Arts
£275,000	20/09/2019 36	to support the continuation of the Foyle Young Poets Award for the next three years
DCMS - Poet Laureate
£12,687	01/04/2017	To support the delivery of the Poet Laureate's objectives during their Laureateship
City Bridge Trust - Grant to Poetry Society
£100,000	24/05/2016	£100,000 for access and related improvement works at Poetry Place in Covent Garden.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Age Range of Trustees: 35-63

ANDREW JAMES NEILSON (Chair) Appointed: 2019, Occupation: Senior Charity Manager

CASEY BAILEY Appointed: 2021, Occupation: Writer, Educator, Performer

GARETH DAVID PRIOR Appointed: 2019, Occupation: Accountant

JESSICA MOOKHERJEE Appointed: 2019, Occupation: Consultant In Public Health

KEITH JARRETT Appointed: 2022, Occupation: Self-Employed / Part-Time Lecturer

LUKE WATKEYS Appointed: 2021, Occupation: Hr Consultant

MARTINE PADWELL Appointed: 2023, Occupation: Civil Servant And Lawyer

NIGEL TIMOTHY LUDLOW Appointed: 2019, Occupation: Museum Executive

ROBIN HOUGHTON Appointed: 2022, Occupation: Tbc

Legal constitution

Charitable company registered in England & Wales on 20/07/1964, number: 303334
Registered at Companies House on 18/06/1923, number: 00190736

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
Investment
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; AR18: 1 days late, AR11: 15 days late, AR09: 49 days late, AR06: 3 days late, AR04: 1 days late,

Main office

22 BETTERTON STREET
LONDON
WC2H 9BX

Objectives

THE OBJECTS OF THE SOCIETY ARE TO ADVANCE PUBLIC EDUCATION IN THE STUDY, ENJOYMENT AND USE OF POETRY.

Defined Area of Benefit:

NOT DEFINED

Data Sources