Finance Score: 0

Governance Score: 0

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Spending falling: -1
Fundraising costs low: +3

No supporters identified

Overall GiG Score: 0

THE MERCERS CHARITABLE FOUNDATION

This is a grant making charity, you can view its grants here

Grant making programmes for:1. Young People and Education;2. Older People and Housing;3. Church and Communities.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
One or more trustees receive payments or benefits from the charity for providing services to the charity
This charity uses a corporate trustee

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £30,470,000 available, equivalent to 182 months of spending and so may not be able to utilise additional funding
Spending has fallen significantly over the last 5 years relative to the previous period

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	Volun- teers
31/03/23	£10,877	£2,008	£8,869	£2	£30,470	£30,470	182.1	130
31/03/22	£6,734	£2,921	£3,813	£5	£21,943	£21,943	90.1	130
31/03/21	£1,769	£5,625	£-3,856	£2	£17,614	£17,325	37	77
31/03/20	£4,459	£6,292	£-1,833	£0	£19,929	£18,997	36.2	143
31/03/19	£7,245	£4,686	£2,559	£0	£22,478	£21,357	54.7	143
31/03/18	£5,900	£4,606	£1,294	£0	£19,587	£18,367	47.9	0
31/03/17	£4,901	£5,300	£-399	£0	£18,194	£17,417	39.4	0
31/03/16	£5,188	£5,545	£-357	£0	£17,863	£17,046	36.9	0
31/03/15	£8,979	£6,431	£2,548	£67	£18,122	£17,139	32	0
31/03/14	£7,813	£3,379	£4,434	£83	£15,145	£14,253	50.6	0
31/03/13	£4,483	£3,570	£913	£84	£10,425	£9,531	32	0
31/03/12	£5,845	£6,445	£-600	£78	£9,383	£8,572	16	0
31/03/11	£5,968	£3,819	£2,149	£88	£10,094	£9,245	29	0
31/03/10	£4,608	£4,772	£-164	£78	£7,895	£6,954	17.5	0
31/03/09	£6,488	£5,904	£584	£33	£8,001	£7,007	14.2	0
31/03/08?	£8,689	£10,559	£-1,870	£53	£7,729	£7,729	8.8	0
30/09/06	£7,224	£7,922	£-698	£0	£0	£0	n/a	0
30/09/05	£7,201	£7,230	£-29	£0	£0	£0	n/a	0
30/09/04	£7,157	£7,416	£-259	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.3%
Fundraising Costs/Total Spending: 1.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 182.1 months
Net Current Assets/Spending: 106 months
Quick Ratio: 242.1

Asset Split ?

Established: 41 years

www.mercers.co.uk

info@mercers.co.uk

02077264991

Charity Commission for England and Wales

Listed activities

Economic/Community Development/Employment
Education/Training
General Charitable Purposes
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Organisations

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

Unknown number of employees
130 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (1)

The Mercers' Company

Legal constitution

Charity registered in England & Wales on 29/04/1983, number: 326340

Gift Aid

NOT registered with HMRC for Gift Aid

Event History

09/09/2015 - Asset transfer in from JOHN BANCK'S CHARITY (MERCERS' COMPANY)
07/01/2016 - Asset transfer in from RICHARD FISHBOURNE'S CHARITY (MERCERS CO)
12/01/2016 - Asset transfer in from JOHN BANCKS FOR SERMONS
20/05/2021 - Asset transfer in from THE MERCERS' COMPANY EDUCATIONAL TRUST FUND

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
Risk management
Safeguarding policy and procedures
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

19 returns made; all on time

Recent reorganisation events:

Asset transfer in from THE MERCERS' COMPANY EDUCATIONAL TRUST FUND on 20/05/2021

Main office

6 Frederick's Place
LONDON
EC2R 8AB

Objectives

FOR SUCH CHARITABLE PURPOSES AS THE TRUSTEES SHALL IN THEIR DISCRETION DECIDE.

Defined Area of Benefit:

NOT DEFINED

Data Sources