Finance Score: -4
Governance Score: 0
Support Score: 0
  • Large legacies income: +1
  • Multiple Deficits: -2
  • Fundraising costs high: -3
    • Large volunteer base +3
    Overall GiG Score: -1 ?

    BRACE

    BRACE RAISES FUNDS TO SUPPORT RESEARCH INTO DEMENTIA, PARTICULARLY ALZHEIMER'S DISEASE. IT DOES NOT DISTRIBUTE FUNDS TO INDIVIDUAL MEMBERS OF THE PUBLIC.
    Analysis by Giving is Great

    Positives:

    • This charity has been successful in attracting volunteers relative to its size
    • The charity has received modest backing from a grant maker
    • This charity has received considerable income from legacies in recent years

    Regulatory & Governance issues to consider:

    • This charity uses a corporate trustee

    Financial issues to consider:

    • On several occasions in recent years income has been less than spending
    • Fundraising costs are extremely high relative to funds raised

    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
    31/12/23£918£859£60£294£742£6989.89214
    31/12/22£905£764£140£202£682£64310.1831
    31/12/21£415£489£-75n/an/an/an/an/an/a
    31/12/20£714£577£137£185£617£58912.3620
    31/12/19£634£854£-221£196£479£4456.3750
    31/12/18£907£805£102£210£700£4887.360
    31/12/17£847£952£-104£208£598£5016.360
    31/12/16£779£979£-199£191£702£5877.240
    31/12/15£582£1,051£-469£190£854£8009.140
    31/12/14£904£917£-14£145£1,351£1,25416.430
    31/12/13£817£669£147£168£1,311£1,29123.130
    31/12/12£2,064£2,217£-153£160£1,137£1,114630
    31/12/11£816£475£341£155£1,227£1,21730.730
    31/12/10£474£279£195n/an/an/an/an/an/a
    31/12/09£557£357£200£133£812£80627.130
    31/12/08£296£524£-228n/an/an/an/an/an/a
    31/12/07£443£497£-54n/an/an/an/an/an/a
    31/12/06£593£363£230n/an/an/an/an/an/a
    31/12/05£254£336£-82n/an/an/an/an/an/a
    31/12/04£542£310£232n/an/an/an/an/an/a

    Financial Ratios
    Fundraising Costs/Relevant Income: 33.5%
    Fundraising Costs/Total Spending: 34.2%
    Highest pay band: Less than £60,000
    Liabilities/Assets: 58%
    Liabilities/Income: 113%
    Unrestricted Funds/Total Funds: 94%
    Reserves/Spending: 9.8 months
    Net Current Assets/Spending: 1 months
    Quick Ratio: 0.5
    Asset Split ?
    Balance Sheet History
    Established: 37 years

    www.alzheimers-brace.org

    enquiries@alzheimers-brace.org

    01174144831

    Charity Commission for England and WalesFacebookInstagramX
    UN SDGs
    ?
    Listed activities
    • The Advancement Of Health Or Saving Of Lives
    GiG Classification
    • Scientific research and testing services
    How it operates
    • Makes grants to organisations
    • Sponsors or undertakes research
    Where it operates
    • Bath And North East Somerset, Bristol City, Cardiff, City Of Swansea, Devon, Gloucestershire, North Somerset, Somerset, South Gloucestershire, Wiltshire,
    Who it helps
    • Elderly/Old People
    • The General Public/Mankind

    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
    Quartet Community Foundation - Grant to BRACE
    £500 21/11/2022
    Grant to BRACE

    Data sourced from Donors via 360 Giving

    How is it governed?

    Trustees (1)

    • BRACE Trustee Ltd
    Legal constitution
    • Charity registered in England & Wales on 15/12/1987, number: 297965
    Gift Aid
    • Registered with HMRC for Gift Aid
    Fundraising Regulator
    First registered: 03/17/2017, current status: Large charity (levy paid)
    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; all on time
    Main office

    The BRACE Charity Office
    Elgar House
    Southmead Hospital
    Bristol
    BS10 5NB

    Objectives

    TO RELIEVE SICKNESS AND PRESERVE HEALTH FOR THE PUBLIC BENEFIT BY FINANCING RESEARCH INTO THE DEMENTIA RANGE OF DISEASES AND CONDITIONS (INCLUDING BUT NOT LIMITED TO ALZHEIMER’S DISEASE) AND PUBLISHING THE USEFUL RESULTS THEREOF AND TO ADVANCE THE EDUCATION OF THE PUBLIC IN ALL AREAS RELATING TO THOSE DISEASES AND CONDITIONS.

    Defined Area of Benefit:

    NOT DEFINED

    Data Sources

    Charity Commission for England and Wales
    360 Giving
    Charizone

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