Finance Score: -5

Governance Score: 7

Support Score: 3

Liabilities <10%: +3
Excess reserves: -3
Multiple Deficits: -2
Fundraising costs high: -3

No volunteer policy: -2
Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Gov Income
Overall weighted support: +3

Overall GiG Score: 5

THE GOLDSMITHS CENTRE

The provision of managed workspace, education and training for the public benefit.The fostering, promotion and expansion of the interest of the public in art,craft,design and artisan skills, particularly, but not exclusively, those pertaining to goldsmithing.

Analysis by Giving is Great

Positives:

The charity has received Government grants
This charity has a robust balance sheet
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy
Over half the Board have joined recently

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £10,244,112 available, equivalent to 34 months of spending and so may not be able to utilise additional funding
On several occasions in recent years income has been less than spending
Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
30/09/23		£3,240	£3,632	£-393	£870	£10,250	£10,244	33.8	22	8
30/09/22		£2,888	£3,323	£-435	£923	£10,643	£10,627	38.4	22	0
30/09/21		£2,450	£3,083	£-632	£660	£11,078	£11,059	43.1	20	0
30/09/20		£2,586	£3,036	£-450	£845	£11,710	£11,710	46.3	22	0
30/09/19		£2,967	£3,516	£-549	£1,016	£12,160	£12,160	41.5	22	0
30/09/18	*	£2,750	£3,215	£-465	£989	£12,708	£12,708	47.4	21	0
30/09/17		£2,140	£2,514	£-374	£1,121	£13,173	£13,173	62.9	18	0
30/09/16		£2,321	£2,672	£-351	£1,200	£13,548	£13,548	60.8	15	0
30/09/15		£1,456	£2,235	£-779	£758	£13,966	£13,966	75	15	0
30/09/14		£1,096	£2,051	£-955	£679	£14,745	£14,745	86.3	14	0
30/09/13		£11,498	£2,489	£9,009	£1,037	£15,654	£15,654	75.5	10	0
30/09/12		£3,132	£2,014	£1,118	£816	£6,644	£6,644	39.6	9	0
30/09/11		£2,217	£264	£1,954	£17	£5,527	£5,514	250.9	0	0
30/09/10		£1,401	£15	£1,385	£13	£3,573	£3,573	2809.7	0	0
30/09/09		£602	£249	£353	£12	£2,188	£2,188	105.3	0	0
30/09/08		£2,039	£204	£1,835	£31	£1,835	£1,835	107.9	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 34.2%
Fundraising Costs/Total Spending: 23.9%
Senior Staff Costs/Total Spending: 11%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 5%
Liabilities/Income: 17%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 33.8 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.6

Asset Split ?

Balance Sheet History

Established: 17 years

www.goldsmiths-centre.org

theclerk@thegoldsmiths.co.uk

02076067010

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage

GiG Classification

Other education support

How it operates

Makes grants to individuals
Makes grants to organisations
Provides buildings/facilities/open space
Provides services

Where it operates

City Of London, Islington,

Who it helps

The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Based on 6/7 persons

Age Range of Trustees: 46-68

ARTHUR PHILIP ANDREW DRYSDALE Appointed: 2018, Occupation: Consultant

ALEX MONROE Appointed: 2024, Occupation: Jeweller

ARABELLA CLAIRE FELICITY SLINGER Appointed: 2018, Occupation: Corporate Financier

GAYNOR ROSEMARY ANDREWS Appointed: 2018, Occupation: Retired

JOCELYN ROBERT SKEATES Appointed: 2024, Occupation: Managing Director

MICHAEL JOHN WAINWRIGHT (Chair) Appointed: 2022, Occupation: Managing Director

RUPA LAKHA Appointed: 2023, Occupation: Solicitor

Legal constitution

Charitable company registered in England & Wales on 17/07/2007, number: 1120113
Registered at Companies House on 21/06/2007, number: 06288800

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Paying staff
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

Filing Record

16 returns made; AR18: 69 days late,

Main office

THE GOLDSMITHS' COMPANY
GOLDSMITHS' HALL
13 FOSTER LANE
LONDON
EC2V 6BN

Objectives

TO ADVANCE, MAINTAIN AND DEVELOP ART, CRAFT, DESIGN AND ARTISAN SKILLS, INCLUDING IN PARTICULAR, BUT WITHOUT LIMITATION, THOSE PERTAINING TO GOLDSMITHING, THROUGH:1. THE PROVISION OF MANAGED WORKSPACE, EDUCATION AND TRAINING FOR THE PUBLIC BENEFIT AND2. THE FOSTERING, PROMOTION AND EXPANSION OF THE INTEREST OF THE PUBLIC IN ART, CRAFT, DESIGN AND ARTISAN SKILLS, PARTICULARLY BUT NOT EXCLUSIVELY, THOSE PERTAINING TO GOLDSMITHING.

Defined Area of Benefit:

NATIONAL

Data Sources

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