Finance Score: 3
Governance Score: -2
Support Score: 8
  • Multiple Deficits: -2
  • Future income +5
  • No PartB
  • Very static board: -5
  • Gender balanced board: +3
  • Grant maker support: +8
Overall GiG Score: 9 ?

WATERMILL FOUNDATION LIMITED 

Analysis by Giving is Great

Positives:

  • The charity has received backing from multiple prominent grant makers recently and there are significant future grants due to be received
  • Spending has increased over the last 3 years relative to the previous period
  • The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

  • The Board composition appears to be very static

Financial issues to consider:

  • On several occasions in recent years income has been less than spending
Established: 12 years
(16 years as a company)
Scottish Charity RegulatorCompanies House
UN SDGs
?
Financial Data
Income & Spending ?
Period ending 31/05/18 31/05/19 31/05/20 31/05/21 31/05/22 31/05/23
Total income £79,417 £256,605 £115,301 £95,467 £121,793 £108,919
Total spending £126,206 £141,102 £154,137 £141,226 £161,856 £157,602
Surplus/deficit -£46,789 £115,503 -£38,836 -£45,759 -£40,063 -£48,683
Listed activities
  • It makes grants, donations, loans, gifts or pensions to individuals
  • It makes grants, donations or gifts to organisations
  • It carries out activities or services itself
Purposes
  • 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
Where it operates
  • More than one local authority area in Scotland, main operating location: Highland
Who it helps
  • Children or young people
  • People with disabilities or health problems
  • No specific group, or for the benefit of the community

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
National Lottery Community Fund£60,700
Garfield Weston Foundation£20,000
The Foyle Foundation£14,200
Co-Operative Group£3,571
Specific Donations
Amount When
Months
To be used for
The Foyle Foundation - Small Grants
£6,700 10/07/2023
towards core costs over the next 12 months of delivering supported rides for young people with disabilities
National Lottery Community Fund - Highland Cyclability Centre
£36,600 05/06/2023
The project means the group can provide cycling opportunities to young people and adults with a range of access needs. The group will provide safe and supervised rides on specially adapted bikes ....more
Co-Operative Group - Grant to Highland Cycle Ability Centre
£1,404 22/10/2022
We would like to buy a special trike that would allow us to take our beneficiaries around our cycling track.
National Lottery Community Fund - Cycling for the Disabled
£8,000 15/03/2022
This group will use the funding to continue their accessible supervised cycling experience for young people at their Highland Cycle Ability Centre.
Co-Operative Group - Grant to Highland Cycle Ability Centre
£2,168 23/10/2021
We would like to buy 3 replacement KMX adapted bikes - or similar - to enable our young beneficiaries to go round our open air cycle track.
Garfield Weston Foundation - Main Grants award
£10,000 30/07/2021
Highland Cycle Ability Centre
National Lottery Community Fund - Watermill Foundation Track & Outreach 2021
£7,900 19/01/2021
11
This group will use the funding to support the running costs of their Highland Cycle Ability Centre which provides opportunities for people of all abilities to engage in cycling with a focus on ....more
The Foyle Foundation - Small Grants
£7,500 24/11/2020
towards ongoing costs over twelve months
Garfield Weston Foundation - Main Grants award
£10,000 01/05/2020
Cycling for the Disabled
National Lottery Community Fund - Watermill Foundation Track and Outreach 2020
£8,200 16/12/2019
11
This group will use the funding to support running costs of their Highland Cycle Ability Centre which provides opportunities for people of all abilities to engage in cycling, with a focus on ....more
Corra Foundation - HDA-19/70
£4,500 01/02/2019
Towards the maintenance of the cycle track and cycles for people with disabilities.
Co-Operative Group - Grant to Highland Cycle Ability Centre
£3,221 19/11/2018
We want to buy recumbent KMX bikes for our outdoor cycle track for local youngsters with disabilities, and an on-site defibrillator.
Garfield Weston Foundation - Main Grants award
£7,500 05/07/2018
Highland Cycle Ability Centre
National Lottery Community Fund - Feasibility Study: New Disability Adventure Bike Park
£10,000 22/02/2017
12
Feasibility Study: New Disability Adventure Bike Park
National Lottery Community Fund - Watermill Foundation Ltd: A Business Event and Marketing Plan
£10,000 14/02/2017
9
Watermill Foundation Ltd: A Business Event and Marketing Plan
Robertson Trust - the continuation of the Co-ordinator
£17,000 31/08/2016
the continuation of the Co-ordinator
Corra Foundation - HDA-16/495
£6,000 02/06/2016
towards the salary of the Autism Manager
National Lottery Community Fund - Watermill Business and Marketing Plan
£10,000 14/07/2015
12
Watermill Business and Marketing Plan
National Lottery Community Fund - Watermill All Ability Cycling Centre
£10,000 24/07/2013
12
The group will buy specialist bicycles to help support cyclists with disabilities.
National Lottery Community Fund - Watermill Cycling Project
£10,000 07/07/2011
12
The foundation will undertake a feasibility study which will expand and advance the initial information the group has gathered regarding the provision of cycling facilities for disabled people living ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Directors (5)
Current Directors appointed
Gender Split

Age Range of Directors: 57-87
Legal constitution
  • Charity registered in Scotland on 19/12/2011, number: SC042811
  • Registered at Companies House on 09/05/2007, number: SC323252
Filing Record
4 returns made; all on time
Main office

The Old Mill, Cantray Bridge, Cawdor, Nairn, IV12 5XT

Objectives

The provision of recreational, educational, therapeutic, and training facilities and activities with the object of improving the conditions of life, through sporting and physical activities, primarily of persons in need by reason of disability or other disadvantage, but also of the public at large, through promoting and providing a specialist supported environment together with the facilities, education, training and administration required.

Data Sources

Scottish Charity Regulator
360 Giving
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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