THE CHARITY FINANCE GROUP

Charity number: 1054914
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Charity Finance Group aims to provide information, training, conferences and networking opportunities to finance professionals in the voluntary sector. To lobby and campaign and promote best practice on behalf of finance professionals in the sector.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£1,822,887

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Donations and legacies £127.64k
Charitable activities £1.56m
Other trading activities £109.92k
Investments £15.48k
Other £13.66k

Total expenditure:
£1,723,311

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Raising funds £108.42k
Charitable activities £1.61m
Other £0

£0 investments gains (losses)

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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £108.42k
Charitable expenditure £1.61m
Retained for future use £99.58k

People

18 Employee(s)

8 Trustee(s)

22 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£80k to £90k 1
£120k to £130k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

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

What, who, how, where

What the charity does:
  • Education/training
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 25 April 1996: Standard registration
Organisation type:
Charitable company
Other names:
  • C F D G (Working name)
  • THE CHARITY FINANCE DIRECTORS' GROUP (Previous name)
Company number:
03182826 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment 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
  • 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 owns and/or leases 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

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Tony Wells Trustee 09 December 2023
None on record
Anna Bennett Trustee 07 December 2023
THE FOUNDATION FOR LIVER RESEARCH
Received: On time
Hugh Wallace Trustee 21 December 2022
None on record
Timothy Nicholls Trustee 21 December 2022
None on record
Angela Linton Trustee 21 December 2022
None on record
Kelly Ryder Trustee 09 December 2021
None on record
MWIZAKUNYUMA MKANDAWIRE Trustee 09 December 2021
None on record
Kevin Michael O'Brien Trustee 18 December 2018
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £1.68m £1.24m £1.28m £1.51m £1.82m
Total expenditure £1.88m £1.40m £1.36m £1.52m £1.72m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £70.42k £75.06k N/A N/A
Income - Donations and legacies £28.83k £108.92k £100.86k £98.56k £127.64k
Income - Other trading activities £118.21k £37.15k £3.00k £132.01k £109.92k
Income - Charitable activities £1.53m £1.03m £1.06m £1.27m £1.56m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £4.23k £379 £148 £6.88k £15.48k
Income - Other £149 £67.84k £116.36k £6.05k £13.66k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.80m £1.35m £1.34m £1.48m £1.61m
Expenditure - Raising funds £82.29k £47.03k £28.39k £37.26k £108.42k
Expenditure - Governance £0 £10.98k £18.33k £57.05k £34.03k
Expenditure - Grants institution £0 £0 £0 £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 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £120.61k £61.17k £3.95k £0 £0
Long-term investments £0 £0 £0 £0 £0
Other assets £1.44m £1.11m £1.40m £1.40m £1.56m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.04m £814.22k £1.13m £1.13m £1.19m

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 March 2024 29 January 2025 On Time
Accounts and TAR 31 March 2024 29 January 2025 On Time Download Open in new window
Annual return 31 March 2023 31 January 2024 On Time
Accounts and TAR 31 March 2023 31 January 2024 On Time Download Open in new window
Annual return 31 March 2022 22 December 2022 On Time
Accounts and TAR 31 March 2022 22 December 2022 On Time Download Open in new window
Annual return 31 March 2021 28 January 2022 On Time
Accounts and TAR 31 March 2021 28 January 2022 On Time Download Open in new window
Annual return 31 March 2020 31 January 2021 On Time
Accounts and TAR 31 March 2020 31 January 2021 On Time Download Open in new window
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 23/03/1996 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 09/09/2006 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 09/09/2008 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 27/06/2014 AS REGISTERED AT COMPANIES HOUSE ON 09/09/2014 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 20/03/2015 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 05 OCT 2017 as amended on 31 Mar 2022 as amended on 28 Oct 2022

Charitable objects

THE GROUP'S OBJECTS ("THE OBJECTS") ARE FOR THE BENEFIT OF THE PUBLIC TO: 2.1 ADVANCE EDUCATION IN PUBLIC BENEFIT ORGANISATIONS; 2.2 PROMOTE THE EFFICIENCY AND EFFECTIVENESS (INCLUDING FINANCIAL MANAGEMENT) OF PUBLIC BENEFIT ORGANISATIONS AND IN PARTICULAR BY: (A) UNDERTAKING RESEARCH TO IDENTIFY NEEDS AND ESTABLISHING PROJECTS OR POLICIES TO ADDRESS THOSE NEEDS; (B) PROVIDING TRAINING, CONFERENCES AND SEMINARS; (C) BUILDING THE CAPACITY OF (INCLUDING THE EFFECTIVE USE OF RESOURCES) AND ENABLING THE EXCHANGE OF INFORMATION AND BEST PRACTICE AMONGST FINANCE ADVISERS AND PUBLIC BENEFIT ORGANISATIONS; (D) THE PROVISION OF A PRO-ACTIVE AND ACCESSIBLE SERVICE OFFERING PRACTICAL HELP, ADVICE AND SUPPORT; (E) ACTING AS A REPRESENTATIVE AND INTERMEDIARY FOR PUBLIC BENEFIT ORGANISATIONS, INCLUDING IN RELATION TO GOVERNMENT AND OTHER AGENCIES AND BODIES; (F) PROVIDING INFORMATION TO THE PRESS AND THE PUBLIC IN RESPECT OF THE OPERATION OF OR PROBLEMS ENCOUNTERED BY PUBLIC BENEFIT ORGANISATIONS.? ("PUBLIC BENEFIT ORGANISATIONS" MEANS CHARITIES (INCLUDING THEIR WHOLLY OWNED SUBSIDIARIES), VOLUNTARY ORGANISATIONS, CO-OPERATIVES, MUTUALS AND OTHER FORMS OF SOCIAL ENTERPRISES ESTABLISHED FOR PUBLIC AND COMMUNITY BENEFIT).

Area of benefit

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

NOT DEFINED

Contact information

Address:
Canopi
82 Tanner Street
LONDON
SE1 3GN
Phone:
07584609400
Email:
mail@cfg.org.uk
Website:

www.cfg.org.uk Open in new window