Finance Score: 2

Governance Score: 0

Support Score: 4

Liabilities <10%: +3
Excess reserves: -3
Strong growth: +2

Narrow trustee age band: -2
Dynamic board: +3
Mainly male board: -1

Grant maker support: +4

Overall GiG Score: 6

LORICA TRUST LIMITED

During the year 2014/15 the Trust's primary focus was the continued development of East Clayton Farm - accommodation and farm for people and families affected by disabilities and homelessness (including poverty and social exclusion).

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board is predominantly male
The Board has little diversity in terms of age

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £1,524,761 available, equivalent to 31 months of spending and so may not be able to utilise additional funding

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	£641	£590	£51	£0	£2,499	£1,525	31	18	42
31/03/22	£565	£472	£93	£0	£2,448	£1,536	39.1	7	38
31/03/21	£522	£247	£275	£0	£2,356	£1,523	73.9	1	22
31/03/20	£496	£235	£261	n/a	n/a	n/a	n/a	n/a	42
31/03/19	£202	£183	£19	n/a	n/a	n/a	n/a	n/a	50
31/03/18	£175	£127	£48	£0	£0	£0	n/a	0	0
31/03/17	£172	£104	£68	£0	£0	£0	n/a	0	0
31/03/16	£283	£90	£193	£0	£0	£0	n/a	0	0
31/03/15	£212	£89	£123	£0	£0	£0	n/a	0	0
31/03/14	£230	£83	£146	£0	£0	£0	n/a	0	0
31/03/13	£198	£78	£121	£0	£0	£0	n/a	0	0
31/03/12	£173	£120	£54	£0	£0	£0	n/a	0	0
31/03/11	£460	£499	£-39	£0	£0	£0	n/a	0	0
31/03/10	£1,173	£1,036	£137	£20	£1,088	£534	6.2	21	0
31/03/09	£1,718	£1,111	£607	£111	£951	£143	1.5	22	0
31/03/08	£1,368	£1,388	£-20	£222	£344	£136	1.2	31	0
31/03/07	£1,340	£1,210	£130	£120	£364	£235	2.3	28	0
31/03/06	£1,233	£1,198	£35	£0	£0	£0	n/a	0	0
31/03/05	£1,268	£1,277	£-9	£0	£0	£0	n/a	0	0
31/03/04	£1,295	£1,265	£30	£0	£0	£0	n/a	0	0

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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: 3%
Unrestricted Funds/Total Funds: 61%
Reserves/Spending: 31 months
Net Current Assets/Spending: 11 months
Quick Ratio: 22.9

Asset Split ?

Established: 27 years

www.lorica.org.uk

info@lorica.org.uk

01903741011

Charity Commission for England and Wales

Listed activities

Accommodation/Housing
Disability
Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage
The Prevention Or Relief Of Poverty

GiG Classification

Financial or material assistance

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services

Where it operates

West Sussex,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
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

Tudor Trust	£92,000
Garfield Weston Foundation	£30,000
Sussex Community Foundation	£2,217

Specific Donations

Amount	When Months	To be used for
Tudor Trust - Grant to Lorica Trust
£2,000	11/01/2021	as an additional grant to support staff, volunteer and trustee wellbeing, to assist the organisation deliver its charitable purpose more effectively
Garfield Weston Foundation - Main Grants award
£30,000	14/05/2020	East Clayton Farm Learning and Development Centre
Sussex Community Foundation - Grant to Lorica Trust
£2,217	24/03/2020 5	Funding was provided for equipment for student enrichment activities.
Tudor Trust - Grant to Lorica Trust
£90,000	20/08/2019 36	over three years towards salaries and running costs at a social care farm in West Sussex, working primarily with young people who are excluded from school, or at risk of exclusion
Henry Smith Charity - Grant to Lorica Trust Ltd
£9,960	07/09/2017 12	towards one year's running costs of a project that provides land-based qualifications and volunteering opportunities for disadvantaged people in West Sussex
Woodward Charitable Trust - Towards equipment for the Learning Hub
£500	23/03/2017	Towards equipment for the Learning Hub offering environmental activities for students from the Alternative Provision College.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Age Range of Trustees: 60-70

ANDREW WILLIAM SHARPE Appointed: 2011, Occupation: Engineer, Other trusteeships: EMMANUEL INTERNATIONAL LTD, CARE FARM TRUST,

CHARLES ARTHUR HAYWOOD Appointed: 2011, Occupation: Chartered Surveyor, Other trusteeships: ST BEDE'S SCHOOL TRUST SUSSEX, CARE FARM TRUST,

HOWARD LINLEY SAYERS Appointed: 2011, Occupation: Consultant Engineer

NICHOLAS ANDREW DUNGAY Appointed: 2021, Occupation: Marketing Director, Other trusteeship: STEYNING AREA FIRST RESPONDERS TRUST,

ROBIN HOBSON (Chair) Appointed: 2011, Occupation: Agricultural Consultant, Other trusteeship: CARE FARM TRUST,

SOPHIE ELIZABETH LITTLEJOHNS Appointed: 2024, Occupation: Systemic Psychotherapist

Legal constitution

Charitable company registered in England & Wales on 16/12/1997, number: 1066891
Registered at Companies House on 07/11/1997, number: 03462477

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 charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; all on time

Main office

East Clayton Farm
Storrington Road
Washington
Pulborough
RH20 4AG

Objectives

THE TRUST IS ESTABLISHED FOR THE PUBLIC BENEFIT FOR THE FOLLOWING OBJECTS (THE OBJECTS) WHICH ARE EXCLUSIVELY CHARITABLE UNDER THE LAWS OF ENGLAND:- (1) TO PROVIDE AND PROMOTE THE PROVISION OF ACCOMMODATION SHELTER AND HOUSING AND ANY ANCILLARY FACILITIES, FOOD, CLOTHING, PHYSICAL MENTAL EDUCATIONAL AND SPIRITUAL CARE AND SUPPORT FOR PEOPLE, WHO THROUGH AGE, PHYSICAL AND MENTAL ILLNESS. YOUTH, ALCOHOL, OR DRUG ADDICTION OR DEPENDENCY, AND/OR POVERTY ARE UNABLE TO MAKE ADEQUATE PROVISION FOR THEMSELVES.(2) TO PROVIDE AND ENCOURAGE THE PROVISION OF FACILITIES FOR MEDICAL REHABILITATION AND TREATMENT, SPIRITUAL HELP AND GUIDANCE AND EDUCATION AND TRAINING.

Defined Area of Benefit:

NOT DEFINED

Data Sources