Finance Score: -2

Governance Score: -13

Support Score: 8

Multiple Deficits: -2
No PartB

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

Grant maker support: +8

Overall GiG Score: -7

SUBCO TRUST

The aim of Subco is to provide services to Asian elders and Carers of the sub-continent over the age of 50 years, with a particular focus on those who are frail, isolated and house bound, as well as running preventative services. Subco is a product of a community led initiative.

Analysis by Giving is Great

Positives:

A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

There are only 2 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:

A PartB annual return has not been required and so detailed financial information is not available from the online data
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	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	*	£375	£330	£45	n/a	n/a	n/a	n/a	n/a	48
31/03/22		£238	£322	£-83	n/a	n/a	n/a	n/a	n/a	50
31/03/21		£357	£332	£25	n/a	n/a	n/a	n/a	n/a	51
31/03/20	*	£342	£392	£-50	n/a	n/a	n/a	n/a	n/a	50
31/03/19	*	£361	£434	£-73	n/a	n/a	n/a	n/a	n/a	24
31/03/18		£422	£397	£25	£0	£0	£0	n/a	0	0
31/03/17		£476	£462	£14	£0	£0	£0	n/a	0	0
31/03/16		£449	£394	£55	£0	£0	£0	n/a	0	0
31/03/15	*	£417	£329	£88	£0	£0	£0	n/a	0	0
31/03/14		£391	£363	£28	£0	£0	£0	n/a	0	0
31/03/13		£371	£353	£18	£0	£0	£0	n/a	0	0
31/03/12		£363	£384	£-21	£0	£0	£0	n/a	0	0
31/03/11	*	£424	£471	£-47	£0	£0	£0	n/a	0	0
31/03/10		£520	£523	£-3	£0	£174	£140	3.2	35	0
31/03/09		£463	£457	£6	£0	£0	£0	n/a	0	0
31/03/08	*	£522	£457	£65	£0	£171	£121	3.2	24	0
31/03/07	*	£400	£334	£66	£0	£0	£0	n/a	0	0
31/03/06	*	£322	£278	£43	£0	£0	£0	n/a	0	0
31/03/05		£292	£272	£20	£0	£0	£0	n/a	0	0
31/03/04		£281	£304	£-23	£0	£0	£0	n/a	0	0

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Highest pay bracket: less than £60,000

Established: 29 years

www.subcotrust.org.uk

TASKIN@SUBCOTRUST.ORG.UK

02085480070

Charity Commission for England and Wales

Listed activities

Arts/Culture/Heritage/Science
Disability
Economic/Community Development/Employment
Education/Training
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Other welfare services

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Newham,

Who it helps

Elderly/Old People
People Of A Particular Ethnic Or Racial Origin
People With Disabilities

Who supports them? ?

Donations from Grant Makers ?

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

Major supporters in last 5 years

The Charity of Sir Richard Whittington	£96,468
National Lottery Community Fund	£57,301
National Lottery Heritage Fund	£10,000
Dunhill Medical Trust	£9,462

Specific Donations

Amount	When Months	To be used for
National Lottery Heritage Fund - Grant to Subco Trust
£10,000	24/08/2023	Stories To Tell About Subco's Iconic Building
National Lottery Community Fund - Asian Elders Ageing Well in Newham
£9,997	02/12/2022	The funding will be used to support to vulnerable residents from diverse communities for Asian elders where there is a lack of services outside of faith groups in Newham. The project will support ....more The funding will be used to support to vulnerable residents from diverse communities for Asian elders where there is a lack of services outside of faith groups in Newham. The project will support people who have faced anxiety loneliness and isolation or trauma over the last two years with the pandemic.
The Charity of Sir Richard Whittington - Grant to Subco Trust
£96,468	08/02/2022	We want to bring Asian elders and family carers together and build strong relationships supporting individuals’ Mental and Physical Wellbeing: Anxiety, Loneliness, Isolation post Covid.
National Lottery Community Fund - Reengaging With a Smile
£37,414	04/03/2021 6	The project is using funding to support older people from the South Asian community in Newham and the surrounding areas. Activities includes home visits bereavement support groups digital inclusion ....more The project is using funding to support older people from the South Asian community in Newham and the surrounding areas. Activities includes home visits bereavement support groups digital inclusion workshops and a weekly befriending service. The project enables local people to learn new skills improve their confidence in using technology and improve their physical and mental health.
Dunhill Medical Trust - My Life, My Choice project
£9,462	09/07/2020 6	COVID Response award to support CPG1811-297 Culturally appropriate end-of-life care for older people of Asian ethnicity
National Lottery Community Fund - Older Asian Carers Make Their Mark
£9,890	22/04/2020 14	The funding will be used to deliver a series of information session and community events for carers supporting people living with long-term conditions. The project aims to reduce isolation and ....more The funding will be used to deliver a series of information session and community events for carers supporting people living with long-term conditions. The project aims to reduce isolation and increase the well-being of participants.
Dunhill Medical Trust - My Life, My Choice project
£37,850	10/12/2018 36	Culturally appropriate end-of-life care for older people of Asian ethnicity
Dunhill Medical Trust - My Life, My Choice project
£37,850	30/11/2018	Culturally appropriate end-of-life care for older people of Asian ethnicity
National Lottery Heritage Fund - Grant to Subco Trust
£53,600	11/10/2017	SubCo Celebrating 25 years of 'Growing Old Gracefully'
Dunhill Medical Trust - Working with Older Asian Carers
£12,500	08/10/2015 12	Working with vulnerable older Asian carers so that they are better informed about services and support available to them
Lloyds Bank Foundation - Grant to Subco Trust
£74,112	09/09/2015 36	supporting vulnerable Asian elders by supporting carers which enables them to manage and move through a period of transition and enables older people to remain at home for longer. The grant will fund ....more supporting vulnerable Asian elders by supporting carers which enables them to manage and move through a period of transition and enables older people to remain at home for longer. The grant will fund salaries and activity, volunteer and overhead costs.
National Lottery Community Fund - Asian Elders Join In and Keep Healthy!
£197,295	09/03/2015 60	Not Available
National Lottery Community Fund - Empowering Asian elders to cope better with disability and long-term illnes
£118,386	24/04/2012 24	This project will train older people from Asian communities as volunteers to share their experiences, befriend others and signpost them to appropriate services. The project will provide advocacy ....more This project will train older people from Asian communities as volunteers to share their experiences, befriend others and signpost them to appropriate services. The project will provide advocacy support to help older people excluded from dialogue about their care and lifestyle options; for example, when they are in hospital or nursing homes. Working closely with social care practitioners, this project also aims to share and embed good practice to deliver culturally and linguistically appropriate services.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (2)

Current Trustees appointed

Gender Split

Age Range of Trustees: 69-80

ASHOK PATEL Appointed: 2003, Occupation: Technical Services Manager

SUNDER KANGESAN Appointed: 2001, Occupation: Consultant

Legal constitution

Charitable company registered in England & Wales on 31/03/1995, number: 1045237
Registered at Companies House on 10/03/1995, number: 03031652

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 handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds 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
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; AR23: 104 days late, AR20: 5 days late, AR19: 5 days late, AR15: 125 days late, AR11: 16 days late, AR08: 12 days late, AR07: 22 days late, AR06: 22 days late,

Main office

49 PLASHET ROAD
LONDON
E13 0QA

Objectives

THE OBJECTS FOR WHICH SUBCO IS ESTABLISHED ARE: - A) TO RELIEVE PERSONS PRIMARILY ORIGINATING FROM THE SUB CONTINENT (WHICH SHALL BE INTERPRETED TO INCLUDE IRAN, IRAQ, AFGHANISTAN, INDIA, SRI LANKA, INDONESIA, THE PHILIPPINES, SINGAPORE, NEPAL, BANGLADESH, MALAYSIA, THAILAND, CHINA, MAURITIUS, VIETNAM AND CAMBODIA) WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS;B) TO ADVANCE EDUCATION FOR THE PUBLIC BENEFIT BY PROMOTING THE EDUCATIONAL AND CULTURAL INTERESTS OF PERSONS ORIGINATING FROM THE SUB-CONTINENT RESIDING IN THE UK BY THE PROVISION OF LANGUAGE CLASSES, LIBRARY FACILITIES, CULTURAL AND SOCIAL ACTIVITIES;C) TO PROVIDE FACILITIES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION FOR THOSE WHO NEED THEM BECAUSE OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES, WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE.

Defined Area of Benefit:

NOT DEFINED - IN PRACTICE EAST LONDON

Data Sources