Finance Score: 1

Governance Score: -12

Support Score: 0

Liabilities <10%: +3
Multiple Deficits: -2

Only 3 Trustees: -2
Narrow trustee age band: -2
Very static board: -5
All male board: -3

No supporters identified

Overall GiG Score: -11

GRENADA SCHOOLS LIMITED

Promoting community participation in healthy recreation by the provision of coaching and sports facilities for young people in Grenada.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
There are only 3 trustees
The Board is completely male
The Board composition appears to be very static and has little diversity in terms of age

Financial issues to consider:

Liquidity appeared to be in excess of CC guidelines at the latest year end but this has been generated by an income surplus in the latest year and spending has been increasing rapidly
On several occasions in recent years income has been less than spending

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
31/10/23		£501	£289	£212	£0	£376	£376	15.6	0	1
31/10/22		£0	£0	£0	n/a	n/a	n/a	n/a	n/a	n/a
31/10/21		£1	£222	£-222	n/a	n/a	n/a	n/a	n/a	n/a
31/10/20		£175	£180	£-5	n/a	n/a	n/a	n/a	n/a	n/a
31/10/19		£3	£320	£-317	n/a	n/a	n/a	n/a	n/a	n/a
31/10/18		£8	£188	£-180	n/a	n/a	n/a	n/a	n/a	n/a
31/10/17	*	£811	£433	£378	£0	£887	£887	24.6	0	0
31/10/16		£0	£250	£-250	n/a	n/a	n/a	n/a	n/a	n/a
31/10/15		£0	£197	£-197	n/a	n/a	n/a	n/a	n/a	n/a
31/10/14		£1,004	£45	£958	£0	£958	£958	254.8	0	0

Show more rows -->

Show financials table -->

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: 15.6 months
Net Current Assets/Spending: 16 months
Quick Ratio: 45.2

Asset Split ?

Balance Sheet History

Established: 11 years

MICHAELDEGIORGIO@GMAIL.COM

07802825554

Charity Commission for England and Wales

Listed activities

Amateur Sport
Education/Training

GiG Classification

Community sports activities

How it operates

Provides services

Where it operates

Grenada,

Who it helps

Children/Young People

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

Age Range of Trustees: 59-65

DAVID MELLER Appointed: 2013, Occupation: Company Chairman

MICHAEL DE GIORGIO Appointed: 2013, Occupation: Investment Banker

MICHAEL SHERWOOD Appointed: 2013, Occupation: Investment Banker

Legal constitution

Charitable company registered in England & Wales on 21/11/2013, number: 1154702
Registered at Companies House on 03/10/2012, number: 08238770

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

10 returns made; AR17: 24 days late,

Main office

35 Cosway St
LONDON
NW1 5NS

Objectives

THE PROMOTION OF COMMUNITY PARTICIPATION IN HEALTHY RECREATION BY THE PROVISION OF COACHING AND SPORTS FACILITIES FOR YOUNG PEOPLE IN GRENADA.

Data Sources

Watch Inspiring Videos

Save the upside down forest

Change the ending - the pain of Alzheimers

Help Dads in prison stay in touch with their children