Finance Score: -1

Governance Score: 5

Support Score: 0

Liabilities <10%: +3
Excess reserves: -4
Large legacies income: +1
Accounts filed more than 5 days late: -2 times
Strong growth: +2
Volatile income -1

No conflicts policy: -1
Good trustee age range: +3
Dynamic board: +3

No supporters identified

Overall GiG Score: 4

BRITISH FASHION COUNCIL FOUNDATION

Education/trainingThe Prevention Or Relief Of PovertyArts/culture/heritage/scienceEconomic/community Development/employment

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
This charity has received considerable income from legacies in recent years
There has been strong growth in spending since inception
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity does not have a Conflict of Interests policy
Over half the Board have joined recently

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £4,582,747 available, equivalent to 51 months of spending and so may not be able to utilise additional funding
Accounts have been filed late on 2 occasions over the last 4 years and the current period appears to have been extended
Income has been volatile recently but spending has been maintained

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	Volun- teers
31/03/23		£1,321	£1,081	£240	£0	£5,892	£4,583	50.9	2
31/03/22		£1,922	£939	£984	£0	£5,652	£3,855	49.3	2
31/03/21	*	£4,947	£1,430	£3,517	£0	£4,668	£2,618	22	2
31/03/20	*	£1,151	£0	£1,151	£0	£1,151	£996	478140	0

Show financials table -->

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 78%
Reserves/Spending: 50.9 months
Net Current Assets/Spending: 65 months
Quick Ratio: 101.6

Asset Split ?

Balance Sheet History

Established: 5 years

www.britishfashioncouncil.co,uk

info@britishfashioncouncil.com

02077591999

Charity Commission for England and Wales

Listed activities

Arts/Culture/Heritage/Science
Economic/Community Development/Employment
Education/Training
The Prevention Or Relief Of Poverty

GiG Classification

Other education support

How it operates

Makes grants to individuals
Makes grants to organisations
Provides advocacy/advice/information

Where it operates

Northern Ireland, Scotland, 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: 38-63

ANDIN FONYONGA Appointed: 2024, Occupation: Head Of Legal & Compliance

CAROLINE RUSH Appointed: 2019, Occupation: None

DAVID PEMSEL Appointed: 2022, Occupation: Ceo

LAURA DAVIDSON Appointed: 2019, Occupation: Chief Operating Officer

PAM BATTY Appointed: 2022, Occupation: Vice President Of Corporate Responsibility

Legal constitution

Charitable company registered in England & Wales on 03/09/2019, number: 1185152
Registered at Companies House on 01/04/2019, number: 11917315

Gift Aid

Registered with HMRC for Gift Aid

Event History

13/12/2021 - Asset transfer in from THE BRITISH FASHION COUNCIL EDUCATION FOUNDATION
14/02/2022 - Asset transfer in from THE BRITISH FASHION COUNCIL EDUCATION FOUNDATION
19/05/2022 - Asset transfer in from BFCVDFF LIMITED

Policies in force

There are no Policies registered with the Charities Commission

Filing Record

4 returns made; AR21: 105 days late, AR20: 143 days late,

Recent reorganisation events:

Asset transfer in from THE BRITISH FASHION COUNCIL EDUCATION FOUNDATION on 13/12/2021
Asset transfer in from THE BRITISH FASHION COUNCIL EDUCATION FOUNDATION on 14/02/2022
Asset transfer in from BFCVDFF LIMITED on 19/05/2022

Main office

Fora Ltd
33 Broadwick Street
LONDON
W1F 0DQ

Objectives

3.1 THE OBJECTS OF THE CHARITY ARE, FOR THE BENEFIT OF THE PUBLIC - (1) THE PROMOTION OF THE ART OF FASHION DESIGN IN CLOTHING AND RELATED ACCESSORIES (FOR CONVENIENCE REFERRED TO AS ‘CLOTHING’) AND THE ADVANCEMENT OF EDUCATION IN THAT ART IN PARTICULAR BY - (A) FOSTERING AND PROMOTING CONTEMPORARY CLOTHING FASHION DESIGN OF MERIT THROUGH THE CONDUCT OF COMPETITIONS AND THE GIVING OF AWARDS OR PRIZES TO THOSE SUCCESSFUL IN THEM;(B) PROVIDING SCHOLARSHIPS, EXHIBITIONS, PRIZES AND OTHER FINANCIAL ASSISTANCE TO (BUT NOT EXCLUSIVELY TO) STUDENTS OF CLOTHING FASHION DESIGN;(C) ESTABLISHING, AND PROMOTING THE CREATION OF, APPRENTICESHIPS IN CLOTHING FASHION DESIGN;(D) PROMOTING, ORGANISING, HOLDING AND UNDERTAKING FASHION SHOWS, EXHIBITIONS AND EVENTS AND IN PARTICULAR FASHION SHOWS AS PART OF THE FASHION CALENDAR, AND SECURING THE PARTICIPATION, ASSISTANCE AND SUPPORT OF OTHER FASHION SHOW EXHIBITION AND PROMOTIONAL ORGANISERS; (E) ENCOURAGING, HELPING, ASSISTING, PROMOTING AND UNDERTAKING BY WHATEVER MEANS, INCLUDING THE ESTABLISHMENT OF TRUSTS AND OTHER BODIES CORPORATE OR UNINCORPORATED AS THE TRUSTEES MAY CONSIDER APPROPRIATE, THE EDUCATION, INSTRUCTION, TRAINING AND ESTABLISHMENT OF PERSONS WHO ARE OR MAY BE EMPLOYED IN THE BRITISH CLOTHING FASHION INDUSTRY AND IN PARTICULAR OF FASHION DESIGNERS;(F) PROMOTING, ORGANISING AND UNDERTAKING RESEARCH AND INVESTIGATION INTO ALL ASPECTS OF ANY MATTERS RELATED THE ART OF CLOTHING FASHION DESIGN, AND TO PUBLISH PAPERS, MATERIALS AND INFORMATION IN ANY FORM RESULTING FROM SUCH RESEARCH AND INVESTIGATIONS;(2) THE ADVANCEMENT OF THE CLOTHING FASHION INDUSTRY THROUGH THE IMPROVEMENT OF STANDARDS AND QUALITY OF PERFORMANCE WITHIN THE INDUSTRY IN PARTICULAR BY (A) PROMOTING SCHEMES FOR GIVING PUBLIC RECOGNITION TO PRODUCTS DISPLAYING HIGH STANDARDS OF CLOTHING FASHION DESIGN; (B) SUPPORTING INITIATIVES FOR SAFEGUARDING THE HEALTH OF CLOTHING FASHION MODELS; (C) RESEARCHING AND DEVELOPING SUSTAINABLE, EFFICIENT AND EFFECTIVE METHODS OF PRODUCTION AND SUPPLY, IN ORDER TO ACHIEVE ECONOMIC GROWTH AND REGENERATION WITHIN THE CLOTHING FASHION INDUSTRY; (D) CREATING WITHIN THE CLOTHING FASHION INDUSTRY A SENTIMENT IN FAVOUR OF EQUALITY AND DIVERSITY; (E) PROVIDING SUPPORT FOR NEW VENTURES WITHIN THE CLOTHING FASHION INDUSTRY WHERE FOR FINANCIAL OR OTHER REASONS OF CHARITABLE NEED SUCH SUPPORT WOULD OTHERWISE BE UNAVAILABLE.(3) THE RELIEF OF UNEMPLOYMENT FOR THE BENEFIT OF THE PUBLIC, AND IN PARTICULAR THE RELIEF OF UNEMPLOYED PEOPLE QUALIFIED TO WORK IN THE CLOTHING FASHION BUSINESS.