Finance Score: -5

Governance Score: 6

Support Score: 7

Liabilities <10%: +3
Excess reserves: -4
Reasonable growth: +1
Multiple Deficits and declines: -5

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

Grant maker support: +7

Overall GiG Score: 8

SMALLPEICE TRUST LIMITED

The Charity provides public benefit by promoting the advancement of education and in particular engineering and technological education. The Charity promotes engineering, design, manufacturing, enterprise and technology as a career to young people aged from 8 to 18 by providing a professionally executed subsidised programme of residential courses and associated educational activities.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
This charity has a robust balance sheet
There has been reasonable growth in spending over the last 3 years relative to the previous period
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 £19,420,052 available, equivalent to 53 months of spending and so may not be able to utilise additional funding
Income has been volatile and on several occasions in recent years less than spending

Established: 56 years

http://www.smallpeicetrust.org.uk

info@smallpeicetrust.org.uk

01926333200

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
31/08/23		£2,841	£4,431	£-1,589	£278	£20,578	£19,420	52.6	40	527
31/08/22		£3,702	£3,041	£661	£299	£22,478	£21,389	84.4	39	493
31/08/21		£2,525	£2,973	£-448	£279	£22,246	£22,148	89.4	40	359
31/08/20		£2,158	£3,497	£-1,339	£400	£19,316	£19,230	66	46	167
31/08/19	*	£3,939	£4,071	£-131	£316	£23,875	£23,782	70.1	42	262
31/08/18?		£2,778	£2,391	£386	£116	£24,517	£24,442	122.7	37	0
31/08/16		£2,412	£2,400	£12	£100	£21,872	£21,872	109.4	32	0
31/08/15		£3,026	£3,043	£-17	£78	£20,343	£20,343	80.2	29	0
31/08/14		£1,987	£1,856	£131	£100	£20,448	£20,448	132.2	20	0
31/08/13		£1,746	£1,785	£-40	£102	£19,507	£19,507	131.1	19	0
31/08/12		£1,674	£1,712	£-38	£83	£16,467	£16,467	115.4	18	0
31/08/11		£1,611	£1,990	£-379	£119	£14,954	£14,954	90.2	20	0
31/08/10		£1,422	£1,852	£-431	£111	£14,501	£14,501	93.9	19	0
31/08/09?		£1,735	£2,767	£-1,032	£157	£12,905	£12,905	56	19	0
31/03/08	*	£2,083	£1,700	£384	£119	£15,711	£15,711	110.9	24	0
31/03/07		£1,341	£1,386	£-45	£112	£18,010	£18,010	155.9	16	0
31/03/06		£890	£1,202	£-312	£0	£0	£0	n/a	0	0
31/03/05		£985	£1,367	£-383	£0	£0	£0	n/a	0	0
31/03/04		£1,346	£1,675	£-329	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 12.7%
Fundraising Costs/Total Spending: 6.3%
Senior Staff Costs/Total Spending: 11%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 8%
Liabilities/Income: 63%
Unrestricted Funds/Total Funds: 94%
Reserves/Spending: 52.6 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.6

Asset Split ?

Listed activities

Education/Training

How it operates

Makes Grants to Organisations
Provides services

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Children/Young People
Other Defined Groups

Who works here?

40 employees
527 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

Mercer's Charitable Foundation	£59,975
Seafarers UK	£50,000
Haberdashers' Company	£9,400

Specific Donations

Amount	When Months	To be used for
Haberdashers' Company - Funding for the Haberdashers' Scholarships 2023
£9,400	10/05/2023	Annual award
Mercer's Charitable Foundation - Grant to The Smallpeice Trust
£40,175	01/03/2022	Arkwright Scholarships
Mercer's Charitable Foundation - Grant to Smallpeice Trust
£19,800	17/09/2020 36	To fund 3 two-year Arkwright Engineering Scholarships per annum for 3 years from September 2020 for 6th form students from Mercers' schools
Seafarers UK - Grant to Smallpeice Trust
£25,000	19/11/2019	Grant funding for the Future Marine 2020 project which aims to encourage children from coastal communities to learn about, and consider a career in marine engineering through activities in schools ....more Grant funding for the Future Marine 2020 project which aims to encourage children from coastal communities to learn about, and consider a career in marine engineering through activities in schools and a residential course.
Seafarers UK - Grant to Smallpeice Trust
£25,000	19/11/2019	Grant funding for the Future Marine 2020 project which aims to encourage children from coastal communities to learn about, and consider a career in marine engineering through activities in schools ....more Grant funding for the Future Marine 2020 project which aims to encourage children from coastal communities to learn about, and consider a career in marine engineering through activities in schools and a residential course.
Essex Community Foundation - Grant to Smallpeice Trust
£5,000	12/12/2018	To support Essex state school students to attend Smallpeice Trust STEM residential courses.
Seafarers UK - Grant to Smallpeice Trust
£25,000	13/11/2018	Grant funding for 50 students, living in deprived coastal communities, to attend the Future Marine Engineering residential course.
Seafarers UK - Grant to Smallpeice Trust
£25,000	13/11/2018	Grant funding for 50 students, living in deprived coastal communities, to attend the Future Marine Engineering residential course.
Seafarers UK - Grant to Smallpeice Trust
£11,000	05/07/2018	Grant funding to support five 2-year Arkwright Engineering Scholarships for A level students who are interested in careers as Marine Engineers.
Seafarers UK - Grant to Smallpeice Trust
£11,000	05/07/2018	Grant funding to support five 2-year Arkwright Engineering Scholarships for A level students who are interested in careers as Marine Engineers.
Essex Community Foundation - Grant to Smallpeice Trust
£5,000	09/04/2018	To support Essex state school students to attend Smallpeice Trust STEM residential courses.
Seafarers UK - Grant to Smallpeice Trust
£32,070	21/11/2017	Grant used to raise awareness of marine engineering and its related careers, improve perceptions of (Science, Technology, Engineering and mathematics) STEM and boost students' aspirations, ....more Grant used to raise awareness of marine engineering and its related careers, improve perceptions of (Science, Technology, Engineering and mathematics) STEM and boost students' aspirations, specifically those children living in economically deprived coastal regions.
Seafarers UK - Grant to Smallpeice Trust
£32,070	21/11/2017	Grant used to raise awareness of marine engineering and its related careers, improve perceptions of (Science, Technology, Engineering and mathematics) STEM and boost students' aspirations, ....more Grant used to raise awareness of marine engineering and its related careers, improve perceptions of (Science, Technology, Engineering and mathematics) STEM and boost students' aspirations, specifically those children living in economically deprived coastal regions.
Seafarers UK - Grant to Smallpeice Trust
£10,000	04/07/2017	Grant funding for scholarships and associated opportunities (mentoring, engineer experience days) to 5 high calibre students planning to study relevant A level subjects which could lead to a degree ....more Grant funding for scholarships and associated opportunities (mentoring, engineer experience days) to 5 high calibre students planning to study relevant A level subjects which could lead to a degree course in marine engineering or to a suitable industrial apprenticeship.
Seafarers UK - Grant to Smallpeice Trust
£10,000	04/07/2017	Grant funding for scholarships and associated opportunities (mentoring, engineer experience days) to 5 high calibre students planning to study relevant A level subjects which could lead to a degree ....more Grant funding for scholarships and associated opportunities (mentoring, engineer experience days) to 5 high calibre students planning to study relevant A level subjects which could lead to a degree course in marine engineering or to a suitable industrial apprenticeship.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Age Range of Trustees: 32-70

ABIRAM GANESHANATHAN Appointed: 2021, Occupation: Senior Director - Security Operations

ANDREW DAVID PARKER Appointed: 2023, Occupation: Retired Engineer

DAVID GAVIN THOMPSON Appointed: 2015, Occupation: Director

FATEMAH SHIRIN DEHGHAN Appointed: 2023, Occupation: Chief Executive Officer

GLYNIS DEAN Appointed: 2018, Occupation: Retired

GRAHAM HEAVEN Appointed: 2022, Occupation: Accountant

JACQUELINE MARIE NEWSOME Appointed: 2019, Occupation: Consultant

PROFESSOR ALISON HALSTEAD (Chair) Appointed: 2018, Occupation: Retired

TREVOR MICHAEL GILL FRENG Appointed: 2013, Other trusteeships: THE RADIO COMMUNICATIONS FOUNDATION, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MILDRED'S, LEE, DIOCESE OF SOUTHWARK,

Legal constitution

Charitable company registered in England & Wales on 17/01/1968, number: 313719
Registered at Companies House on 28/06/1966, number: 00882371

Gift Aid

Registered with HMRC for Gift Aid

Event History

17/12/2020 - Asset transfer in from ARKWRIGHT SCHOLARSHIPS TRUST
06/03/2023 - Asset transfer in from THOMAS GERALD GRAY CHARITABLE TRUST

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
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

19 returns made; AR19: 16 days late, AR08: 11 days late,

Recent reorganisation events:

Asset transfer in from ARKWRIGHT SCHOLARSHIPS TRUST on 17/12/2020
Asset transfer in from THOMAS GERALD GRAY CHARITABLE TRUST on 06/03/2023

Main office

The Smallpeice Trust
74 Upper Holly Walk
Leamington Spa
CV32 4JL

Objectives

THE ADVANCEMENT OF EDUCATION AND IN PARTICULAR BUT NOT EXCLUSIVELY TO SUPPORT, ENCOURAGE, PROMOTE, DEVELOP AND MAINTAIN ENGINEERING AND TECHNOLOGICAL EDUCATION IN ALL ITS BRANCHES, INCLUDING DESIGN FOR EASY PRODUCTION.

Defined Area of Benefit:

NOT DEFINED

Data Sources