Finance Score: 4
Governance Score: -6
Support Score: 0
  • Liabilities <10%: +3
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • Only 4 Trustees: -1
  • Very static board: -5
  • No supporters identified
Overall GiG Score: -2 ?

ASPIRE FOUNDATION

The Cheltenham and Tewksbury Children & Family Centres offer information and activities to support families and children ages 0-5. This support can help develop a families overall well-being. Specific activities include: breastfeeding support, baby and toddler activities, healthy eating advice, high quality nursery education, access to adult training and employment information.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • Spending has increased over the last 3 years relative to the previous period
  • Fundraising costs are unusually low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • There are only 4 trustees
  • The Board composition appears to be very static

Financial issues to consider:

  • 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
31/03/23£2,814£2,939£-126£10£2,002£1,8687.6936
31/03/22£2,292£2,459£-167£9£244£2161.1906
31/03/21£2,154£2,260£-106£18£-405£-415-2.28210
31/03/20£2,161£2,242£-81£16£547£5472.98518
31/03/19£2,145£1,970£174£12£245£2451.58920
31/03/18£2,317£2,043£274£17£349£3492930
31/03/17£2,689£2,482£207£3£-116£-116-0.6850
31/03/16£2,790£2,615£175£5£145£1450.7960
31/03/15£2,697£2,698£-1£102£-575£-575-2.6710

Financial Ratios
Fundraising Costs/Relevant Income: 0.3%
Fundraising Costs/Total Spending: 0.3%
Highest pay band: Less than £60,000
Liabilities/Assets: 5%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 93%
Reserves/Spending: 7.6 months
Net Current Assets/Spending: 6 months
Quick Ratio: 16.5
Asset Split ?
Balance Sheet History
Established: 11 years

www.aspirefoundation.org.uk

jonathan.davies@aspirefoundation.org.uk

01242252185

Charity Commission for England and WalesCompanies HouseFacebook
UN SDGs
?
Listed activities
  • Education/Training
  • Recreation
GiG Classification
  • Other welfare services
How it operates
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Gloucestershire,
Who it helps
  • Children/Young People
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (4)
Current Trustees appointed

Age Range of Trustees: 62-86
  • CHARLES WELSH Appointed: 2013, Occupation: Executive Headteacher
  • CLAIRE PRICE Appointed: 2013, Occupation: Retired Teacher
  • CORDELL RAY MBE Appointed: 2015
  • JULIE HUNT Appointed: 2015, Occupation: Primary Education Consultant
Legal constitution
  • Charitable company registered in England & Wales on 13/01/2014, number: 1155305
  • Registered at Companies House on 25/03/2013, number: 08460624
Gift Aid
  • NOT registered with HMRC for Gift Aid
Other Regulators
  • Ofsted (Office For Standards In Education)
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Volunteer management
Filing Record
9 returns made; all on time
Main office

Gardners Lane Childrens Centre
Gardners Lane
Cheltenham
GL51 9JW

Objectives

THE COMPANY'S OBJECTS ARE TO PROMOTE AND ENHANCE THE DEVELOPMENT AND EDUCATION OF CHILDREN, IN PARTICULAR THOSE BELOW STATUTORY SCHOOL AGE, AND TO ADVANCE EDUCATION, RELIEVE PROVERTY, SICKNESS AND DISTRESS, AND PROVIDE LEISURE TIME FACILITIES IN THE INTEREST OF SOCIAL WELFARE FOR THOSE INHABITANTS IN THE LOCAL AREA.

Defined Area of Benefit:

LOCAL

Data Sources

Charity Commission for England and Wales

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