CORSHAM INSTITUTE LIMITED

Charity Number: 1154082
Charity is insolvent

Charity overview

Activities - how the charity spends its money

We want a thriving UK society where people have the confidence and ability to adapt and learn in a changing world. We research and facilitate life-long learning to help people be resilient and adaptable with critical thinking and problem-solving skills for a changing world. We want a fair society where people can be safe and organisations provide trusted services in an ethical digital ecosystem.

Income and expenditure

Data for financial year ending 31 August 2018

Total income:
£2,095,529

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Donations and legacies £1.92m
Charitable activities £180.12k
Other trading activities £4
Investments £0
Other £0

Total expenditure:
£2,092,362

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Raising funds £464.68k
Charitable activities £1.63m
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 £464.68k
Charitable expenditure £1.63m
Retained for future use £3.17k

People

14 Employee(s)

1 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£70k to £80k 1
£90k to £100k 1
£100k to £110k 1
£150k to £200k 1

Fundraising

This charity raises funds from the public but does not work with professional fundraisers or commercial participators.

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
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 04 October 2013: Standard registration
Organisation type:
Charitable company
Other names:
  • CORSHAM INSTITUTE (Working name)
  • CORSHAM INSTITUTE (Previous name)
Company number:
08526899 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
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

1 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
JEFFREY THOMAS Trustee 05 July 2013
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2014 31/08/2015 31/08/2016 31/08/2017 31/08/2018
Total gross income £0 £440.14k £890.88k £2.20m £2.10m
Total expenditure £0 £899.61k £975.52k £1.54m £2.09m
Income from government contracts N/A £0 £0 £0 N/A
Income from government grants N/A £200.00k £94.04k £114.33k N/A
Income - Donations and legacies N/A N/A £743.15k £2.01m £1.92m
Income - Other trading activities N/A N/A £24.26k £7.00k £4
Income - Charitable activities N/A N/A £123.48k £178.92k £180.12k
Income - Endowments N/A N/A £0 £0 £0
Income - Investment N/A N/A £0 £0 £0
Income - Other N/A N/A £0 £0 £0
Income - Legacies N/A N/A £0 £0 £0
Expenditure - Charitable activities N/A N/A £625.05k £984.34k £1.63m
Expenditure - Raising funds N/A N/A £350.47k £551.89k £464.68k
Expenditure - Governance N/A N/A £13.23k £0 £21.25k
Expenditure - Grants institution N/A N/A £0 £0 £0
Expenditure - Investment management N/A N/A £0 £0 £0
Expenditure - Other N/A N/A £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 31/08/2014 31/08/2015 31/08/2016 31/08/2017 31/08/2018
Own use assets N/A N/A £30.36k £44.66k £37.96k
Long-term investments N/A N/A £1 £1 £0
Other assets N/A N/A £148.22k £176.05k £343.87k
Defined benefit pension scheme asset or liability N/A N/A £0 £0 £0
Total liabilities N/A N/A £834.65k £212.97k £370.92k

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 August 2023
Accounts and TAR 31 August 2023
Annual return 31 August 2022
Accounts and TAR 31 August 2022
Annual return 31 August 2021
Accounts and TAR 31 August 2021
Annual return 31 August 2020
Accounts and TAR 31 August 2020
Annual return 31 August 2019
Accounts and TAR 31 August 2019
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 13 MAY 2013 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 24/07/2013 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 03/10/2013

Charitable objects

THE CHARITY'S OBJECTS ("OBJECTS") ARE SPECIFICALLY RESTRICTED TO THE ADVANCEMENT OF EDUCATION FOR THE PUBLIC BENEFIT IN PARTICULAR BUT NOT EXCLUSIVELY BY THE CREATION OF AN EDUCATIONAL INSTITUTE MADE UP OF INDIVIDUAL SCHOOLS AND COLLEGES PROVIDING EDUCATION AND CARRYING OUT RESEARCH (THE USEFUL RESULTS OF WHICH WILL BE MADE AVAILABLE FOR THE BENEFIT OF THE PUBLIC) IN DISCIPLINES ASSOCIATED WITH THE DIGITAL ECONOMY (DEFINED AS AN ECONOMY IN WHICH THE MEANS OF PRODUCTION, DISTRIBUTION AND EXCHANGE HAVE BEEN TRANSFORMED BY THE APPLICATION OF INFORMATION AND COMMUNICATION TECHNOLOGIES) BY ALL OR ANY OF THE FOLLOWING MEANS:- - DEVELOPING A STRATEGY FOR THE PROVISION OF EDUCATION AND THE CARRYING OUT OF RESEARCH CONNECTED WITH THE DIGITAL SECTOR (DEFINED AS A SECTOR WHICH INCLUDES DIGITAL INFRASTRUCTURE, WEB DESIGN, SCREEN, GAMING, APPLICATION DEVELOPMENT, DIGITAL ART, DIGITAL SCULPTURE, DIGITAL DISPLAY, CODING AND INCLUDING ANYTHING ELSE THAT USES DATA TECHNOLOGY AS A FOUNDATION); DEVELOPING EDUCATIONAL COURSES AND PROGRAMMES; - SETTING EDUCATIONAL STANDARDS AND PROTOCOLS; - AWARDING ACCREDITATIONS AND QUALIFICATIONS; - PARTNERING WITH HIGHER AND FURTHER EDUCATIONAL ESTABLISHMENTS; AND - ENTERING INTO JOINT VENTURES AND OTHER ASSOCIATIONS WITH COMPANIES AND ORGANISATIONS ENGAGED IN ACTIVITIES IN THE DIGITAL ECONOMY IN ORDER TO DEVELOP AND IMPLEMENT STRATEGIES CONNECTED WITH THE PROVISION OF EDUCATION AND RESEARCH INCLUDING BY THE ESTABLISHMENT OF COURSES AND QUALIFICATIONS THAT ARE DESIGNED TO ASSIST IN MEETING SKILLS SHORTAGES IN PARTICULAR DISCIPLINES.

Contact information

Address:
Corsham Institute
Hartham Park
CORSHAM
SN13 0RP
Phone:
01249700888
Email:
info@corshaminstitute.org
Website:

corshaminstitute.org