Overall GiG Score: 2 ?
Finance Score: -7
Governance Score: 6
Support Score: 3
  • Excess reserves: -5
  • Fundraising costs high: -2
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gov Income
  • Grant maker support: +3

GOODENOUGH COLLEGE 

Goodenough College provides residential accommodation for British and international postgraduate students and their families in central London. We deliver a vibrant community through a unique programme of intellectual, cultural and social activities in line with our values of global citizenship and social responsibility. The Burn offers accommodation and an academic retreat in Scotland.
Analysis by Giving is Great

Positives:

  • The charity has received Government grants
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Over half the Board have joined recently

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £137,458,000 available, equivalent to 123 months of spending and so may not be able to utilise additional funding
  • There has been a change of accounting period recently, so trends may be hard to determine
  • Fundraising costs are high relative to funds raised
Established: 63 years
(94 years as a company)

www.goodenough.ac.uk

goodfinance@goodenough.ac.uk

02075201522

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?

Financial Data ?

Income & Spending ?
N.B. data has been adjusted to reflect year end change
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
31/08/22£11,330£13,369£-2,039£1,800£150,136£137,458123.4950
31/08/21?£10,627£17,711£-7,084£317£153,693£140,95195.51000
31/03/20£13,831£14,373£-542£286£154,936£142,631119.1850
31/03/19£13,442£13,364£78£250£157,075£144,324129.6850
31/03/18£12,575£13,621£-1,046£2,575£157,191£144,328127.2880
31/03/17£12,149£11,917£232£2,579£156,752£142,547143.5820
31/03/16£10,922£11,267£-345£59£155,421£141,335150.5810
31/03/15£9,193£13,564£-4,371£1,280£159,522£145,177128.4770
31/03/14*£7,552£11,458£-3,906£1,211£163,362£149,065156.1690
31/03/13£8,483£10,595£-2,112£62£166,200£164,215186690
31/03/12£6,777£13,157£-6,381£1,124£28,491£26,48724.2680
31/03/11£7,913£7,707£206£79£35,450£33,37352650
31/03/10£7,091£8,289£-1,198£1,043£35,142£33,21048.1630
31/03/09£7,268£7,085£182£977£34,126£32,57155.2610
31/03/08£7,749£7,916£-166£1,489£22,459£20,39830.9600
31/03/07£7,265£7,006£259£1,500£23,116£20,91035.8600
31/03/06£4,778£4,917£-139£0£0£0n/a00
31/03/05£4,685£4,927£-242£0£0£0n/a00
31/03/04£4,574£5,007£-433£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 22.3%
Fundraising Costs/Total Spending: 14.2%
Senior Staff Costs/Total Spending: 9%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 22%
Liabilities/Income: 383%
Unrestricted Funds/Total Funds: 92%
Reserves/Spending: 123.4 months
Net Current Assets/Spending: -0 months
Quick Ratio: 0.6
Asset Split ?
What it does
  • Accommodation/Housing
  • Economic/Community Development/Employment
  • Education/Training
Who works here?
  • 95 employees
Who it helps
  • Children/Young People
  • Other Defined Groups
  • The General Public/Mankind
How it operates
  • Makes Grants to Individuals
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Scotland, Throughout London,

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (11)
Current Trustees appointed
Gender Split
Based on 10/11 persons

Age Range of Trustees: 45-70
Legal constitution
  • Charitable company registered in England & Wales on 01/01/1961, number: 312894
  • Registered at Companies House on 28/03/1930, number: 00246919
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
19 returns made; AR14: 105 days late,
Main office

GOODENOUGH COLLEGE
LONDON HOUSE
MECKLENBURGH SQUARE
LONDON
WC1N 2AB

Objectives

TO ORGANISE, ENCOURAGE AND ASSIST THE EDUCATION IN ENGLAND OF STUDENTS ( RESIDENT MEMBERS OF THE COLLEGE) FROM ANY PART OF THE WORLD, GIVING PREFERENCE TO STUDENTS FROM THE COMMONWEALTH (WITH PRIORITY FOR STUDENTS FROM THOSE NATIONS LESS ABLE FROM TIME TO TIME TO PROVIDE RESOURCES AND FACILITIES OF THEIR OWN). (FOR FURTHER DETAILS SEE CLAUSE 3 OF MEMORANDUM AND ARTICLES).

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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