CONSONANT LTD

Charity number: 291789
Charity is insolvent

Charity overview

Activities - how the charity spends its money

Legal advice provision, community education, empowerment, media and policy work, nursery, employment and training services, health promotion, volunteering, IT and ESOL classes

Income and expenditure

Data for financial year ending 31 March 2019

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.

Fundraising

This charity raises funds from the public. Works with a professional fundraiser with an agreement in place. It does not work with a commercial participator.

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
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
  • Economic/community Development/employment
  • Human Rights/religious Or Racial Harmony/equality Or Diversity
Who the charity helps:
  • Children/young People
  • People Of A Particular Ethnic Or Racial Origin
  • Other Defined Groups
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England

Governance

Registration history:
  • 21 May 1985: Standard registration
Organisation type:
Charitable company
Other names:
  • MIGRANTS RESOURCE CENTRE (Previous name)
Company number:
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Financial Conduct Authority
  • Ofsted (Office For Standards In Education)
Policies:
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • 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

4 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Rebekah Louise Duncan Trustee 30 August 2018
None on record
Peter Reid Trustee 15 June 2018
None on record
Sile Reynolds Trustee 01 July 2016
None on record
ISABELLA MARIA COELHO PEREIRA Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2015 31/03/2016 31/03/2017 31/03/2018 31/03/2019
Total gross income £718.58k £501.99k £1.56m £1.26m £1.18m
Total expenditure £767.57k £755.52k £1.39m £1.62m £1.62m
Income from government contracts £213.83k £350.34k £0 N/A £278.48k
Income from government grants £156.56k £151.65k £0 N/A N/A
Income - Donations and legacies £994 £41.55k £701.12k £489.53k £427.30k
Income - Other trading activities £2.96k £26.92k £0 £0 £0
Income - Charitable activities £711.52k £433.34k £392.11k £678.47k £678.30k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £70 £187 £24.70k £35.65k £26.66k
Income - Other £3.04k £0 £440.22k £56.05k £48.60k
Income - Legacies £0 £0 £0 £0 £54.00k
Expenditure - Charitable activities £761.15k £683.16k £1.32m £1.48m £1.50m
Expenditure - Raising funds N/A £13.20k £67.37k £143.33k £118.87k
Expenditure - Governance £3.65k £5.50k £7.76k £0 £0
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £2.78k £59.16k £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 31/03/2015 31/03/2016 31/03/2017 31/03/2018 31/03/2019
Own use assets £1.49m £2.28k £165.05k £194.93k £160.16k
Long-term investments £0 £0 £922.44k £740.26k £419.03k
Other assets £157.38k £1.38m £851.26k £728.18k £633.14k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £54.57k £50.55k £397.83k £463.62k £423.34k

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
Accounts and TAR 31 March 2024
Annual return 31 March 2023
Accounts and TAR 31 March 2023
Annual return 31 March 2022 Overdue Charity reporting is overdue by 821 days
Accounts and TAR 31 March 2022 Overdue Charity reporting is overdue by 821 days
Annual return 31 March 2021 Overdue Charity reporting is overdue by 1186 days
Accounts and TAR 31 March 2021 Overdue Charity reporting is overdue by 1186 days
Annual return 31 March 2020
Accounts and TAR 31 March 2020
Submit annual return Open in new window

Contact information

Address:
RSM RESTRUCTURING ADVISORY LLP
25 FARRINGDON STREET
LONDON
EC4A 4AB
Phone:
0203 201 8000