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home >> charity search >> the asda foundation
Finance Score: 1
Governance Score: 6
Support Score: 0
  • Liabilities <10%: +3
  • Multiple Deficits: -2
  • Good trustee age range: +3
  • Dynamic board: +3
  • No supporters identified
Overall GiG Score: 7 ?

THE ASDA FOUNDATION

To provide financial support to charities and local good causes in times of crisis and to build community resilience longer term through direct support and involvement of Asda colleagues locally in stores through our grant giving programmes.
Analysis by Giving is Great

Positives:

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

Regulatory & Governance issues to consider:

  • Over half the Board have joined recently

Financial issues to consider:

  • On several occasions in recent years income has been less than spending
Find similar charities within: miles

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
31/12/22£3,656£4,716£-1,059£0£3,410£3,4108.700
31/12/21£3,750£4,368£-618£0£4,469£4,46912.300
31/12/20£3,665£4,856£-1,191£0£5,087£5,08212.600
31/12/19£4,105£5,050£-945£0£6,278£6,25714.900
31/12/18£4,550£6,316£-1,766£0£7,223£7,14713.600
31/12/17£5,081£6,580£-1,500£0£8,989£8,7661600
31/12/16£7,702£5,338£2,364£0£10,488£10,2522300
31/12/15£8,232£6,971£1,261£248£8,124£8,00813.800
31/12/14£8,770£7,665£1,106£149£6,863£6,1769.700
31/12/13£8,574£8,078£496£76£5,757£4,2146.300
31/12/12£6,484£5,894£590£72£5,261£2,3694.830
31/12/11£5,926£6,423£-497£47£4,671£2,0483.820
31/12/10£5,544£5,176£367£33£5,168£2,4875.800
31/12/09£4,468£1,809£2,660£35£4,801£1,88112.500
31/12/08£2,987£4,096£-1,109£37£2,141£5891.700
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 2%
Liabilities/Income: 2%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 8.7 months
Net Current Assets/Spending: 9 months
Quick Ratio: 56.9
Asset Split ?
Balance Sheet History
Established: 16 years

www.asdafoundation.org

asdafoundation@asda.co.uk

01132435435

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Amateur Sport
  • Disability
  • Education/Training
  • General Charitable Purposes
  • Religious Activities
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Grant-making foundations
How it operates
  • Makes grants to individuals
  • Makes grants to organisations
Where it operates
  • Throughout England And Wales,
Who it helps
  • The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)
Current Trustees appointed

Age Range of Trustees: 36-68
  • JANE EARNSHAW Appointed: 2015, Occupation: Senior Director Reward
  • KARL ANDREW DOYLE Appointed: 2023, Occupation: Vice President Clothing
  • MARGARET ANN JONES Appointed: 2024, Occupation: Retired
  • MARK BENTON Appointed: 2023, Occupation: Pension Manager
  • REHMAN MINSHALL Appointed: 2022, Occupation: Chartered Accountant
Legal constitution
  • Charitable company registered in England & Wales on 31/05/2008, number: 1124268
  • Registered at Companies House on 22/01/2008, number: 06480049
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
15 returns made; all on time
Main office

ASDA FOUNDATION
ASDA HOUSE
GREAT WILSON STREET
LEEDS
LS11 5AD

Objectives

A TO PROVIDE OR ASSIST IN THE PROVISION FOR PERSONS WHO BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES HAVE NEED OF SUCH FACILITIES OR FOR MEMBERS OF THE PUBLIC AT LARGE IN THE UNITED KINGDOM OF FACILITIES FOR RECREATION OR OTHER LEISURE-TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE PERSONS FOR WHOM THE FACILITIES ARE PRIMARILY INTENDED.B TO MAKE DONATIONS OR PROVIDE ASSISTANCE FOR: 1) THE RELIEF OF POVERTY, 2) THE ADVANCEMENT OF EDUCATION, 3) THE ADVANCEMENT OF RELIGION, 4) THE ADVANCEMENT OF HEALTH OR THE SAVING OF LIVES, 5) THE ADVANCEMENT OF CITIZENSHIP OR COMMUNITY DEVELOPMENT; ANDC TO FURTHER SUCH PURPOSES WHICH ARE CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, NATIONAL.

Data Sources

Charity Commission for England and Wales

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