PRO BONO ECONOMICS

Charity Number: 1130567
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Pro Bono Economics uses economics to empower the social sector and to increase wellbeing across the UK. We combine project work with individual charities and social enterprises with policy research that can drive systemic change. Experts and economists at PBE work on a wide range of issues related to wellbeing including mental health, education, employment, poverty, volunteering and civil society.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£1,613,829

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Donations and legacies £1.47m
Charitable activities £138.89k
Other trading activities £0
Investments £5.03k
Other £0

Total expenditure:
£1,452,131

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Raising funds £288.25k
Charitable activities £1.16m
Other £0

£0 investments gains (losses)

Total income includes £74,100 from 3 government contract(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £288.25k
Charitable expenditure £1.16m
Retained for future use £161.70k

People

18 Employee(s)

10 Trustee(s)

2 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£70k to £80k 1
£120k to £130k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • Economic/community Development/employment
Who the charity helps:
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Provides Human Resources
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 15 July 2009: Standard registration
Organisation type:
Charitable company
Other names:
  • PBE (Working name)
  • PRO BOND ECONOMICS (Previous name)
Company number:
06849844 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • 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
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Akiko Margaret Hart Trustee 07 September 2023
None on record
Jonathan Loynes Trustee 07 September 2023
None on record
Michele Oliver Trustee 13 March 2023
None on record
Dr Rubina Ahmed Trustee 15 September 2021
None on record
DAVID JOHN GREGSON Trustee 24 July 2018
THE GREGSON FAMILY FOUNDATION
Received: On time
THE INSTITUTE FOR FISCAL STUDIES
Received: On time
Edward Humpherson Trustee 24 July 2018
SECURITYWOMEN
Received: On time
DAMIEN REGENT Trustee 12 April 2018
None on record
Jennifer Jane Scott Trustee 12 April 2018
None on record
BELINDA PHIPPS Trustee 12 April 2018
COLLECTIVE VOICE
Received: On time
Matthew James Brumsen Trustee 20 May 2014
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £1.01m £1.40m £1.48m £982.04k £1.61m
Total expenditure £775.89k £860.23k £1.39m £1.57m £1.45m
Income from government contracts N/A N/A N/A £18.90k £74.10k
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £967.78k £1.37m £1.42m £940.22k £1.47m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £37.07k £30.85k £63.14k £41.50k £138.89k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £731 £214 £59 £320 £5.03k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £666.49k £774.83k £1.22m £1.38m £1.16m
Expenditure - Raising funds £109.40k £85.39k £162.77k £188.59k £288.25k
Expenditure - Governance £0 £36.12k £39.18k £23.15k £24.80k
Expenditure - Grants institution £0 £0 £77.05k £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £3.43k £9.15k £8.55k £12.50k £8.31k
Long-term investments £0 £0 £0 £0 £0
Other assets £402.37k £1.17m £1.07m £493.12k £658.25k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £24.75k £257.72k £61.77k £74.12k £73.35k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 26 September 2024 On Time
Accounts and TAR 31 December 2023 26 September 2024 On Time
Annual return 31 December 2022 24 August 2023 On Time
Accounts and TAR 31 December 2022 07 September 2023 On Time
Annual return 31 December 2021 21 September 2022 On Time
Accounts and TAR 31 December 2021 21 September 2022 On Time
Annual return 31 December 2020 15 September 2021 On Time
Accounts and TAR 31 December 2020 15 September 2021 On Time
Annual return 31 December 2019 22 September 2020 On Time
Accounts and TAR 31 December 2019 22 September 2020 On Time
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 17 MAR 2009 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 25 SEP 2017 AS REGISTERED AT COMPANIES HOUSE ON 12 JUN 2020

Charitable objects

3. THE OBJECTS OF THE CHARITY ARE TO: 3.1 PROMOTE THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES AND THE EFFECTIVE USE OF CHARITABLE RESOURCES FOR THE BENEFIT OF THE PUBLIC IN PARTICULAR BY PROVIDING ANALYTICAL ECONOMIC ASSISTANCE AND ADVICE TO THE CHARITABLE SECTOR; AND 3.2 ADVANCE THE EDUCATION OF THE PUBLIC IN THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND IN SUBJECTS RELATING TO CIVIL SOCIETY, AND FOR THAT PURPOSE TO: 3.2.1 CONDUCT OR COMMISSION RESEARCH INTO CIVIL SOCIETY; 3.2.2 COORDINATE, DELIVER, ORGANISE AND ASSIST IN THE PROVISION OF COURSES OF EDUCATION, CONFERENCES, SEMINARS, LECTURES AND OTHER EDUCATIONAL EVENTS AND ACTIVITIES RELATED TO CIVIL SOCIETY; AND 3.2.3 SUPPORT ALL FORMS OF CIVIL SOCIETY ORGANISATIONS. THE TERM “CIVIL SOCIETY” MEANS THE PEOPLE, CHARITIES, GROUPS, COMMUNITIES AND OTHER ORGANISATIONS THAT FORM THE VOLUNTARY SECTOR AND OPERATE OUTSIDE OF THE PUBLIC AND PRIVATE SECTORS AND ON A NOT-FOR-PROFIT BASIS, AND SHALL, FOR THE AVOIDANCE OF DOUBT, NOT INCLUDE POLITICAL PARTIES AND OTHER BODIES WHOSE PURPOSE IS PRIMARILY POLITICAL.

Area of benefit

The area the charity can operate in, as set out in its governing document.

UNDEFINED. IN PRACTICE, NATIONAL

Contact information

Address:
Pro Bono Economics
The Factory
120 London Road
London
SE1 6LF
Phone:
02036322668
Email:
info@pbe.co.uk
Website:

www.pbe.co.uk Open in new window