Finance Score: -3
Governance Score: 0
Support Score: 7
  • Deficit on unrestricted reserves: -2
  • Reasonable growth: +1
  • Deficit latest year: -2
    • Overall weighted support: +7
    Overall GiG Score: 4 ?

    THE UNITE FOUNDATION

    The Unite Foundation provides a scholarship scheme for, and undertakes research and campaigning on behalf of, care leaver and estranged students in Higher Education with the objective of: Widening access to higher education, supporting academic progression, developing post graduate outcomes and employability. It works in partnership with a network of universities across the UK.
    Analysis by Giving is Great

    Positives:

    • The charity has received backing from a grant maker
    • This charity has an endowment fund which generates much of its income
    • There has been reasonable growth in spending over the last 3 years relative to the previous period

    Financial issues to consider:

    • This Charity has changed registration and some of the financial and donation history pertains to the previous entity
    • There was a deficit on unrestricted reserves of £1,215,145 at the last year end after deducting the value of own use assets
    • Income was lower than spending in the latest year

    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£2,168£2,481£-313£0£4,641£-1,215-5.970
    30/09/22£1,918£2,230£-312£0£5,204£-891-4.870
    30/09/21£215£1,820£-1,606n/an/an/an/an/an/a
    30/09/20£3,116£1,947£1,169£0£8,124£2,48815.341
    30/09/19£2,015£1,792£223£0£7,124£1,3198.844
    30/09/18£1,813£1,521£292£0£6,725£1,0978.720
    30/09/17?£1,404£1,152£251£0£6,201£8028.320
    31/12/16£1,495£1,282£213£0£5,863£5535.220
    31/12/15£1,193£1,040£153£7£340£3403.920
    31/12/14£852£651£201£6£188£1883.510
    31/12/13*£500£503£-3n/an/an/an/an/an/a
    31/12/12*£195£205£-10n/an/an/an/an/an/a

    Financial Ratios
    Fundraising Costs/Relevant Income: 0%
    Fundraising Costs/Total Spending: 0%
    Highest pay band: Less than £60,000
    Liabilities/Assets: 42%
    Liabilities/Income: 156%
    Unrestricted Funds/Total Funds: -26%
    Reserves/Spending: -5.9 months
    Net Current Assets/Spending: 4 months
    Quick Ratio: 1.4
    Asset Split ?
    Balance Sheet History
    Established: 2 years

    https://thisisusatuni.org/

    info@unitefoundation.org.uk

    01173027073

    Charity Commission for England and Wales
    UN SDGs
    ?
    Listed activities
    • Education/Training
    GiG Classification
    • Secondary schools
    How it operates
    • Makes grants to individuals
    Where it operates
    • Scotland, Throughout England And Wales,
    Who it helps
    • Children/Young People

    Who supports them? ?

    Donations from Grant Makers ?

    We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

    Specific Donations
    Amount When
    Months
    To be used for
    The Blagrave Trust - Regional Partnership Grants
    £25,000 30/11/2023
    Accommodation scholarships
    Dulverton Trust - University accommodation bursaries
    £48,000 08/06/2022
    University accommodation bursaries

    Data sourced from Donors via 360 Giving

    How is it governed?

    Trustees (12)
    Current Trustees appointed

    • FIONA SLAVEN Appointed: 2022
    • IAN ADAMS Appointed: 2022, Occupation: Councillor
    • JAMES WATTS Appointed: 2022
    • JOANNA LOUISE BLAIR Appointed: 2023
    • LLOYDETTE BAI-MARROW Appointed: 2022
    • LORNA ROSE COSGRAVE Appointed: 2022
    • MORAY NOTMAN Appointed: 2022
    • NICHOLAS MILLER Appointed: 2022
    • NYOMI ROSE Appointed: 2022
    • PROFESSOR ALISON SHAN WAREING (Chair) Appointed: 2022
    • SAMANTHA GRACE MACRAE Appointed: 2023
    • SUNDAY NOVEMBER BLAKE Appointed: 2022
    Legal constitution
    • Charity registered in England & Wales on 12/04/2022, number: 1198601
    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
    • Financial reserves policy and procedures
    • Internal risk management policy and procedures
    • Paying staff
    • Risk management
    • Safeguarding policy and procedures
    • Safeguarding vulnerable beneficiaries
    • Trustee conflicts of interest policy and procedures
    • Trustee expenses policy and procedures
    Filing Record
    12 returns made; AR13: 2 days late, AR12: 68 days late,
    Recent reorganisation events:
    • Asset transfer in from THE UNITE FOUNDATION on 03/02/2023
    Main office

    THE UNITE FOUNDATION
    South Quay House
    Temple Back
    BRISTOL
    BS1 6FL

    Objectives

    FOR THE PUBLIC BENEFIT TO PROMOTE THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF PEOPLE UNDER THE AGE OF 25 YEARS IN THE UNITED KINGDOM IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT, INCLUDING BY:1. AWARDING TO SUCH PERSONS SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS TENABLE AT ANY UNIVERSITY, COLLEGE OR INSTITUTION OF HIGHER OR FURTHER EDUCATION.

    Data Sources

    Charity Commission for England and Wales
    360 Giving

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