EQUALITY CHALLENGE UNIT

Charity Number: 1114417
Removed charity

Charity overview

Activities - how the charity spends its money

ECU supports universities and colleges to build an inclusive culture that values the benefits of diversity, to remove barriers to progression and success for all staff and students, and to challenge and change unfair practices that disadvantage individuals or groups.

Income and expenditure

Data for financial year ending 31 March 2018

Total income:
£2,505,448

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £0
Charitable activities £2.49m
Other trading activities £0
Investments £2.31k
Other £16.08k

Total expenditure:
£3,077,600

Text alternative for this canvas graphic is in the data table below.
Raising funds £0
Charitable activities £3.08m
Other £0

£0 investments gains (losses)

Total income includes £55,763 from government contract(s) and £559,987 from government grant(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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £3.08m

Fundraising

This charity does not raise funds from the public

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:
  • Education/training
  • Disability
  • Economic/community Development/employment
Who the charity helps:
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Defined Groups
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Other Charitable Activities
Where the charity operates:
  • Throughout England And Wales
  • Australia
  • Ireland
  • Japan
  • Northern Ireland
  • Scotland
  • United States

Governance

Registration history:
  • 31 May 2006: Standard registration
  • 17 September 2019: Removed (Amalgamated)
  • 17 September 2019: Funds transferred to 1101607 ADVANCE HE
Organisation type:
Charitable company
Other names:
  • ECU (Working name)
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
Land and property:
This charity owns and/or leases land or property

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/03/2014 31/03/2015 31/03/2016 31/03/2017 31/03/2018
Total gross income £1.90m £2.62m £2.83m £2.52m £2.51m
Total expenditure £1.94m £2.73m £2.70m £2.57m £3.08m
Income from government contracts N/A £0 £87.46k £24.84k £55.76k
Income from government grants N/A £24.00k £1.70m £700.21k £559.99k
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £1.89m £2.61m £2.82m £2.51m £2.49m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £3.87k £3.13k £2.26k £2.44k £2.31k
Income - Other £6.09k £13.75k £1.65k £12.46k £16.08k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.84m £2.63m £2.70m £2.57m £3.08m
Expenditure - Raising funds N/A N/A £0 £0 £0
Expenditure - Governance £100.91k £100.85k £17.73k £18.29k £16.72k
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.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/03/2014 31/03/2015 31/03/2016 31/03/2017 31/03/2018
Own use assets £74.62k £22.64k £54.34k £79.07k £0
Long-term investments £0 £0 £0 £0 £0
Other assets £1.02m £925.20k £1.99m £1.96m £0
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £168.53k £131.75k £1.11m £1.14m £0

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 2019 Not submitted
Accounts and TAR 31 March 2019 Not submitted
Annual return 31 March 2018 18 September 2018 On Time
Accounts and TAR 31 March 2018 12 March 2019 40 days late
Annual return 31 March 2017 30 January 2018 On Time
Accounts and TAR 31 March 2017 25 July 2017 On Time
Annual return 31 March 2016 30 January 2017 On Time
Accounts and TAR 31 March 2016 27 July 2016 On Time

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 27/01/2006 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 12/04/2006 AS REGISTERED AT COMPANIES HOUSE ON 18/12/2012 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 05 OCT 2015 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 26 MAR 2018

Charitable objects

THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE: (A) TO PROMOTE HIGHER EDUCATION FOR THE PUBLIC BENEFIT BY (1) PROVIDING STRATEGIC ADVICE AND CO-ORDINATION TO THE HIGHER EDUCATION SECTOR, GOVERNMENT, FUNDING BODIES AND OTHERS ON POLICIES AND PRACTICES THAT WILL IMPACT UPON AND ENHANCE THE STUDENT EXPERIENCE, (2) SUPPORTING AND ADVANCING CURRICULUM AND PEDAGOGIC DEVELOPMENT ACROSS THE WHOLE SPECTRUM OF HIGHER EDUCATION ACTIVITY, AND (3) FACILITATING THE PROFESSIONAL DEVELOPMENT AND INCREASING THE PROFESSIONAL STANDING OF ALL STAFF IN HIGHER EDUCATION (B) TO FURTHER PROMOTE HIGHER EDUCATION FOR THE PUBLIC BENEFIT BY FURTHER DEVELOPING THE PROFESSIONALISM AND PROFILE OF LEADERSHIP, MANAGEMENT AND GOVERNANCE WITHIN THE HIGHER EDUCATION SECTOR, BY: (1) RAISING THE PROFILE OF EFFECTIVE HIGHER EDUCATION LEADERSHIP, MANAGEMENT AND GOVERNANCE; (2) IMPROVING THE SUPPLY OF DEVELOPMENT OPPORTUNITIES, PARTICULARLY IN RELATION TO INTERNATIONAL AND CROSS SECTOR EXPERIENCE; (3) STIMULATING FURTHER DEMAND FOR DEVELOPMENT WITHIN THE HIGHER EDUCATION SECTOR; AND (4) ASSISTING IN BROADENING PERSPECTIVES AND IMPROVING STANDARDS IN RELATION TO LEADERSHIP, MANAGEMENT AND GOVERNANCE WITHIN THE HIGHER EDUCATION SECTOR, (C) TO PROMOTE EQUALITY AND DIVERSITY FOR THE PUBLIC BENEFIT, INCLUDING THE EDUCATION SECTOR AND ANY OTHER SECTORS THAT THE BOARD DEEMS APPROPRIATE, BY: (1) IDENTIFYING AND CHANGING ANY CULTURAL AND SYSTEMIC PRACTICES THAT UNFAIRLY EXCLUDE, MARGINALISE OR DISADVANTAGE INDIVIDUALS OR GROUPS, AND TO PROMOTE INCLUSIVE APPROACHES; (2) ELIMINATING DISCRIMINATION ON THE GROUNDS OF AGE, DISABILITY, GENDER IDENTITY, MARITAL OR CIVIL PARTNERSHIP STATUS, PREGNANCY OR MATERNITY STATUS, RACE, RELIGION OR BELIEF, SEX, SEXUAL ORIENTATION OR THROUGH ANY COMBINATION OF THESE CHARACTERISTICS OR OTHER UNFAIR TREATMENT; (3) ADVANCING EDUCATION AND RAISING AWARENESS IN EQUALITY AND DIVERSITY; (4) PROMOTING ACTIVITIES TO FOSTER UNDERSTANDING BETWEEN PEOPLE FROM DIVERSE BACKGROUNDS; (5) CONDUCTING OR COMMISSIONING RESEARCH ON EQUALITY AND DIVERSITY ISSUES AND PUBLISHING THE RESULTS TO THE PUBLIC; AND (6) DEVELOPING THE CASE FOR EQUALITY AND DIVERSITY

Area of benefit

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

NOT DEFINED. IN PRACTICE, NATIONAL AND OVERSEAS.