Finance Score: -7

Governance Score: -8

Support Score: 3

Accounts overdue -5
Accounts filed more than 5 days late: -4 times
Volatile income: -3
Future income +5
No PartB

Narrow trustee age band: -2
All male board: -3
Return overdue: -3

Grant maker support: +3

Overall GiG Score: -12

THREE SEAS

Three Seas is a specialist charity supporting the creation of community housing in Cornwall's Coastal Communities (3Cs). The name comes from that, and from the three seas that surround our county: Celtic Sea, Atlantic Ocean, English Channel.We have the experience and skills to help local people find, buy and refurb housing, for long-term, low-cost rent to local people.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker and there are significant future grants due to be received
There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

The Board is completely male
The Board has little diversity in terms of age
Over half the Board have joined recently
Latest return is overdue

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Latest accounts are overdue for filing and returns have been filed late on 4 occasions over the last 5 years
Income has been volatile recently

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
30/06/22	*	£3	£2	£2	n/a	n/a	n/a	n/a	n/a	0
30/06/21		£0	£0	£0	n/a	n/a	n/a	n/a	n/a	0
30/06/20	*	£6	£5	£0	n/a	n/a	n/a	n/a	n/a	0
30/06/19	*	£6	£5	£0	n/a	n/a	n/a	n/a	n/a	0
30/06/18	*	£16	£12	£4	£0	£0	£0	n/a	0	8
30/06/17	*	£16	£12	£4	£0	£0	£0	n/a	0	0
30/06/16		£11	£23	£-12	£0	£0	£0	n/a	0	0
30/06/15		£26	£21	£5	£0	£0	£0	n/a	0	0
30/06/14		£42	£62	£-20	£0	£0	£0	n/a	0	0
24/06/13		£32	£14	£18	£0	£0	£0	n/a	0	0

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Highest pay bracket: less than £60,000

Established: 12 years

www.threeseas.org.uk

07975645648

Charity Commission for England and Wales

Listed activities

Accommodation/Housing
Arts/Culture/Heritage/Science
Economic/Community Development/Employment
Education/Training

GiG Classification

Social youth organisations

How it operates

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

Where it operates

Cornwall,

Who it helps

Children/Young People

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.

Specific Donations

Amount	When Months	To be used for
Architectural Heritage Fund - Grant to Three Seas
£10,000	25/07/2023	Looe Coastguard Flats feasibility study
Cornwall Community Foundation - Grant to Torpoint & Rame Youth Project
£2,000	21/07/2022	The Torpoint & Rame Youth Project supports young people and families in SE Cornwall through community-based activities. They recently extended their support to young Ukrainian refugees settling ....more The Torpoint & Rame Youth Project supports young people and families in SE Cornwall through community-based activities. They recently extended their support to young Ukrainian refugees settling in the area, recognizing their significant needs.
National Lottery Community Fund - Torpoint Youth Research Pilot
£9,567	18/01/2017 12	Activities will be delivered with the funding, which will support the needs of young people who are at risk of anti-social behaviour. This will provide positive engagement for participants with a ....more Activities will be delivered with the funding, which will support the needs of young people who are at risk of anti-social behaviour. This will provide positive engagement for participants with a range of complex needs, leading to improved levels of cohesion.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

Gender Split

Age Range of Trustees: 56-71

PETER THOMAS MOORE Appointed: 2023, Occupation: Retired

PETER WARM Appointed: 2023, Occupation: Retired Building Physicist

SIMON RYAN Appointed: 2012, Occupation: Charity Manager

TIMOTHY JOSEPH WALMSLEY Appointed: 2023, Occupation: Chartered Legal Executive

Legal constitution

Charitable company registered in England & Wales on 19/12/2012, number: 1150245
Registered at Companies House on 29/06/2012, number: 08124965

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

10 returns made; AR22: 132 days late, AR20: 267 days late, AR19: 633 days late, AR18: 159 days late, AR17: 9 days late,

Main office

Drake Cottage
Armada Road
Cawsand
TORPOINT
Cornwall
PL10 1PQ

Objectives

TO ACT AS A RESOURCE FOR YOUNG PEOPLE UP TO THE AGE OF 18 LIVING IN THE TORPOINT AND RAME PENINSULA AREA, SE CORNWALL, BY PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF:(A) ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS; (B) ADVANCING EDUCATION; (C) RELIEVING UNEMPLOYMENT; (D) PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS.

Data Sources