EAST END COMMUNITY FOUNDATION

Charity number: 1147789
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

A grant making charity working to relieve poverty in four boroughs of East London; Tower Hamlets, Hackney, Newham and the City of London

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£2,057,803

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Donations and legacies £1.08m
Charitable activities £0
Other trading activities £10.00k
Investments £965.42k
Other £0

Total expenditure:
£1,921,937

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Raising funds £345.01k
Charitable activities £1.58m
Other £0

£2,615,079 investments gains (losses)

Total income includes £66,000 from 1 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 £345.01k
Charitable expenditure £1.58m
Retained for future use £135.87k

People

12 Employee(s)

12 Trustee(s)

152 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£80k to £90k 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

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • City Of London
  • Hackney
  • Newham
  • Tower Hamlets

Governance

Registration history:
  • 21 June 2012: Standard registration
  • 27 October 2016: Funds received from 802942 ISLE OF DOGS COMMUNITY FOUNDATION
  • 13 February 2017: Funds received from 274924 THE EDGAR PRIZE
  • 14 February 2017: Funds received from 312959 THE STANLEY CARR SCRIPTURE PRIZES
  • 14 February 2017: Funds received from 312200 GEORGE RAINEY FUND
Organisation type:
Charitable company
Other names:
  • EECF (Working name)
Company number:
08104415 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
  • 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

12 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Simon Timothy Musgrave Trustee 15 February 2024
None on record
Catherine McGuinness Trustee 01 July 2022
None on record
Laurence Everitt Trustee 15 June 2022
None on record
Alkhad Ali Trustee 01 December 2021
None on record
Alderman Bronislaw Masojada Trustee 10 August 2021
THE ST PAUL'S CATHEDRAL CHORISTER TRUST
Received: On time
Atanu Bhattacherjee Trustee 14 May 2021
COMMUNITIES & NEIGHBOURHOODS TRUST
Recently registered
Jim MacHale Trustee 21 May 2019
None on record
Rev Jeremy Stuart Fraser Trustee 18 July 2018
None on record
Sahidur Rahman Trustee 30 January 2018
None on record
Rick Watson Trustee 28 November 2017
None on record
Cllr Guy Nicholson Trustee 24 May 2016
None on record
Katherine Webster Trustee 16 January 2015
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 £2.50m £4.83m £2.48m £2.50m £2.06m
Total expenditure £2.39m £4.17m £2.35m £2.56m £1.92m
Income from government contracts N/A £320.00k £810.35k £689.53k £66.00k
Income from government grants N/A £20.00k £17.70k £5.20k N/A
Income - Donations and legacies £1.73m £4.12m £1.78m £1.66m £1.08m
Income - Other trading activities £0 £0 £27.70k £22.85k £10.00k
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £753.54k £683.66k £671.70k £811.57k £965.42k
Income - Other £15.02k £22.37k £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £2.05m £3.77m £1.98m £2.16m £1.58m
Expenditure - Raising funds £339.89k £396.59k £366.76k £397.50k £345.01k
Expenditure - Governance £67.72k £78.20k £104.68k £99.56k £85.20k
Expenditure - Grants institution £1.83m £3.15m £1.67m £1.88m £1.29m
Expenditure - Investment management £44.47k £0 £69.65k £58.54k £189.19k
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 £2.32m £26.19m £2.33m £3.06m £3.33m
Long-term investments £19.65m £0 £26.47m £25.63m £28.30m
Other assets £1.50m £1.91m £1.71m £842.77k £707.77k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £200.42k £380.29k £527.97k £453.09k £511.65k

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 25 January 2024 On Time
Accounts and TAR 31 March 2023 25 January 2024 On Time Download Open in new window
Annual return 31 March 2022 12 January 2023 On Time
Accounts and TAR 31 March 2022 12 January 2023 On Time Download Open in new window
Annual return 31 March 2021 26 January 2022 On Time
Accounts and TAR 31 March 2021 26 January 2022 On Time Download Open in new window
Annual return 31 March 2020 11 December 2020 On Time
Accounts and TAR 31 March 2020 11 December 2020 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 08 MAY 2012

Charitable objects

THE PROMOTION OF THE RELIEF OF POVERTY AND SICKNESS OF PERSONS IN THE BENEFIT AREA; THE PROVISION OF OR ASSISTANCE IN THE PROVISION OF FACILITIES FOR RECREATION OR OTHER LEISURE-TIME OCCUPATION FOR INHABITANTS WITHIN THE BENEFIT AREA IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THEIR CONDITION IN LIFE; THE PROMOTION OF THE ADVANCEMENT OF EDUCATION AND LEARNING (INCLUDING TRAINING IN EMPLOYMENT SKILLS) FOR THE BENEFIT OF INHABITANTS WITHIN THE BENEFIT AREA; THE ADVANCEMENT OF PUBLIC EDUCATION IN THE ARTS; THE PROMOTION OF ANY OTHER CHARITABLE PURPOSES FOR THE BENEFIT OF THE COMMUNITY OR OF AN APPRECIABLY IMPORTANT CLASS OF THE COMMUNITY CONSISTING OF THE INHABITANTS WITHIN THE BENEFIT AREA; THE RELIEF OF UNEMPLOYMENT FOR THE PUBLIC BENEFIT IN THE BENEFIT AREA IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING ASSISTANCE TO FIND EMPLOYMENT; THE PROMOTION FOR THE PUBLIC BENEFIT OF URBAN REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION IN THE BENEFIT AREA BY ALL OR ANY OF THE FOLLOWING MEANS: (A) THE PRESERVATION OF BUILDINGS OR SITES OF HISTORIC OR ARCHITECTURAL IMPORTANCE; (B) THE PROTECTION OR CONSERVATION OF THE ENVIRONMENT; (C) THE PROVISION OF PUBLIC HEALTH FACILITIES AND CHILDCARE; AND (D) THE PROMOTION OF PUBLIC SAFETY AND PREVENTION OF CRIME; TO MAKE CONTRIBUTIONS TO ANY CHARITABLE TRUSTS, ASSOCIATIONS, BODIES OR CORPORATIONS FROM TIME TO TIME IN EXISTENCE HAVING AS, OR AMONG, THEIR OBJECTS ANY SIMILAR OBJECTS TO THE COMPANY; AND TO DO ALL SUCH OTHER ACTS AND THINGS AS THE BOARD MAY (SUBJECT TO THE ARTICLES) CONSIDER NECESSARY OR DESIRABLE IN CONNECTION WITH THE DEVELOPMENT OR PROMOTION OF THE OBJECTS OF THE COMPANY SET OUT IN ARTICLE 3.1; PROVIDED THAT NONE OF THE OBJECTS MAY BE EXERCISED IN SUCH A WAY AS TO ACHIEVE OR PROMOTE AIMS AND/OR OBJECTIVES OF A PARTY POLITICAL NATURE; AND PROVIDED THAT IN FURTHERANCE OF ALL OR ANY OF THE OBJECTS THE COMPANY SHALL HAVE POWER TO PROMOTE ANY OF THE OBJECTS AND TO PROVIDE OR ASSIST CHARITABLE ACTIVITIES IN AREAS AND/OR PLACES OUTSIDE THE BENEFIT AREA WHERE IT IS OF THE OPINION THAT TO DO SO WILL BENEFIT THE INHABITANTS OF THE BENEFIT AREA.

Contact information

Address:
JACK DASH HOUSE
2 LAWN HOUSE CLOSE
LONDON
E14 9YQ
Phone:
02073454444
Email:
admin@eastendcf.org
Website:

www.eastendcf.org Open in new window