Finance Score: -7

Governance Score: 0

Support Score: 0

Multiple Deficits: -2
Fundraising costs high: -5
No PartB

(no info on trustees)

No supporters identified

Overall GiG Score: -7

INTERNATIONAL WELL CONTROL FORUM

Analysis by Giving is Great

Financial issues to consider:

On several occasions in recent years income has been less than spending
Fundraising costs are extremely high relative to funds raised
A PartB annual return has not been required and so detailed financial information is not available from the online data

Financial Data

Income & Spending ?

Period ending	31/12/17	31/12/18	31/12/19	31/12/20	31/12/21	31/12/22	31/12/23
Charitable activities		£68,452	£71,181	£65,732	£62,040	£61,894	£103,720
Donations & Legacies		£41,522
Other Income
Investment Income
Total income	£4,074,339	£5,077,347	£4,850,844	£3,279,477	£4,995,337	£3,899,356	£4,941,395
Charitable activities spending		£436,078	£590,133	£515,197	£461,431	£524,845	£567,496
Fundraising costs	35%	76%	76%	90%	81%	92%	78%
Other spending
Total spending	£1,623,676	£4,294,380	£4,281,942	£3,476,483	£4,496,057	£4,128,734	£4,414,728
Surplus/deficit	£2,450,663	£782,967	£568,902	-£197,006	£499,280	-£229,378	£526,667

Established: 9 years

www.iwcf.org

Listed activities

It carries out activities or services itself

GiG Classification

Performing and visual arts

Purposes

The advancement of education
The advancement of environmental protection or improvement

Where it operates

UK and overseas, main operating location: Angus

Who it helps

No specific group, or for the benefit of the community

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees

Sorry we have no information about the Trustees.

Legal constitution

Charity registered in Scotland on 27/07/2015, number: SC045842

Filing Record

5 returns made; AR19: 24 days late,

Main office

Inchbraoch House, South Quay, Montrose, Angus, DD10 9UA

Objectives

To advance education within the oil and gas exploration and production industry, advance environmental protection through minimising the risk of pollution through oil or gas leakage or similar incidents, and minimise the incidence of death and injury among those working in the oil and gas exploration and production industry (in each case, in any part of the world) through (a) improving competency globally to prevent the occurrence of major incidents by (i) promoting and promulgating well control knowledge, and (ii) establishing uniform training, assessment and certification programmes which are accepted globally by operators, contractors and regulatory bodies. (b) encouraging a continuous improvement globally in the competence and behaviours of personnel throughout the oil and gas exploration and production industry via developing enhanced practical well control training

Data Sources

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