Finance Score: -4
Governance Score: 2
Support Score: 6
  • Reasonable growth: +1
  • Fundraising costs high: -5
  • No PartB
  • Good trustee age range: +3
  • Mainly male board: -1
  • Overall weighted support: +6
Overall GiG Score: 4 ?

THE ISLAND OF HOY DEVELOPMENT TRUST

Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • There has been reasonable growth in spending over the last 3 years relative to the previous period
  • There have been no income shortfalls in recent years
  • The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

  • The Board is predominantly male

Financial issues to consider:

  • Fundraising costs are extremely high relative to funds raised
Financial Data
Income & Spending ?
Period ending 31/03/18 31/03/19 31/03/20 31/03/21 31/03/22 31/03/23
Charitable activities £29,854 £38,066 £52,843 £47,602 £30,180
Donations & Legacies £15,307 £15,283 £33,922 £95,388 £152,716
Other Income £1,477 £1,153
Investment Income £1,493 £614 £2,317 £1,433 £2,474
Total income £507,079 £468,696 £547,130 £556,471 £622,729 £822,399
Charitable activities spending £149,624 £173,799 £213,368 £238,999 £312,225
Fundraising costs 50% 53% 45% 43% 38% 56%
Other spending £2,604 £576 £24,441 £12,715
Total spending £402,682 £421,218 £485,291 £487,788 £470,932 £769,938
Surplus/deficit £104,397 £47,478 £61,839 £68,683 £151,797 £52,461
Established: 17 years
Scottish Charity RegulatorCompanies House
UN SDGs
?
Listed activities
  • It carries out activities or services itself
GiG Classification
  • General Community services
Purposes
  • The prevention or relief of poverty
  • The advancement of education
  • The advancement of health','the advancement of citizenship or community development','the advancement of the arts, heritage, culture or science','the provision of recreational facilities, or the organisation of recreational activities, with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended','the advancement of environmental protection or improvement','the relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage
Where it operates
  • Orkney Islands
Who it helps
  • No specific group, or for the benefit of the community

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
National Lottery Community Fund£53,688
Scottish Government£38,800
Foundation Scotland£5,000
Specific Donations
Amount When
Months
To be used for
National Lottery Community Fund - Community Development in Hoy and Walls
£53,688 15/02/2022
This group will use funding to develop a local community hub (YM Hall) and establish multiple community-based projects aimed at improving health and wellbeing tackling isolation and enhancing ....more
Scottish Government - The Island Of Hoy Development Trust
£7,900 25/02/2021
Detailed description not provided.
Scottish Government - The Island Of Hoy Development Trust
£18,400 08/05/2020
Detailed description not provided.
Scottish Government - The Island Of Hoy Development Trust
£12,500 21/04/2020
Detailed description not provided.
Foundation Scotland - Grant to Island of Hoy Development Trust
£5,000 06/04/2020
To develop and co-ordinate a volunteer support group to deliver groceries and prescriptions to vulnerable, elderly, self-isolating and any other people in need. To organise support phone calls and ....more
National Lottery Community Fund - Hoy Community Wind Turbine
£436,513 10/02/2010
60
This group will develop a £2.5 million community fund over 20 years through their 'Community Wind Turbine' project. Funded through Growing Community Assets the project will enable the community to ....more

Data sourced from Donors via 360 Giving

How is it governed?

Directors (7)
Current Directors appointed
Gender Split

Age Range of Directors: 32-72
Legal constitution
  • Charity registered in Scotland on 08/11/2007, number: SC038909
  • Registered at Companies House on 10/08/2006, number: SC306586
Filing Record
5 returns made; all on time
Main office

Revenge, Naval Hall, Longhope, Orkney, KW16 3PG

Objectives

2 The company’s objects are to benefit the Community in the following ways: 2.1 to manage community land and associated assets for the benefit of the Community and the public in general as an important part of the protection and sustainable development of Scotland’s natural environment, where “sustainable development” means development which meets the needs of the present without compromising the ability of future generations to meet their own needs. 2.2 to provide in the interests of social welfare, facilities within the Community for recreation and other leisure time occupation available to the public at large. 2.3 to advance education and in particular to promote opportunities for learning for the benefit of the general public. 2.4 to advance education through promotion of the arts. 2.5 to preserve, restore and improve the environment in through the provision, maintenance and/or improvement of public open space and other public amenities and other environment and regeneration projects (but subject to appropriate safeguards to ensure that the public benefits so arising clearly outweigh any private benefit thereby conferred on private landowners). 2.6 to provide or assist in the provision of housing for people in necessitous circumstances within the Community. 2.7 to relieve poverty particularly among the residents of the Community. 2.8 to promote training, particularly among residents of the Community, and with particular reference to skills which will assist the participants in obtaining paid employment. 2.9 to encourage, stimulate and support volunteering principally in the Community. 2.10 to preserve, for the benefit of the general public, the historical, architectural and constructional heritage that may exist in and around the Community in buildings (including any structure or erection, and any part of a building as so defined) of particular beauty or historical, architectural or constructional interest. Maximum text reached. for further objects please contact the charity directly.

Data Sources

Scottish Charity Regulator
360 Giving

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