GRADUATE FASHION FOUNDATION

Charity Number: 1173132
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Establish newly graduated and current undergraduate fashion students, by organising and running events,to provide employment opportunities and experience, related to working in the fashion industries, inclusive of the annual Graduate Fashion Week event. The advancement of education for the public benefit of persons who are, or will be employed in the fashion/fashion related industries.

Income and expenditure

Data for financial year ending 31 October 2023

Total income:
£954,884

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Donations and legacies £573.65k
Charitable activities £380.07k
Other trading activities £0
Investments £1.16k
Other £0

Total expenditure:
£660,816

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Raising funds £49.91k
Charitable activities £610.91k
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 £49.91k
Charitable expenditure £610.91k
Retained for future use £294.07k

People

14 Trustee(s)

100 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

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

What the charity does:
  • Education/training
  • Arts/culture/heritage/science
Who the charity helps:
  • Children/young People
How the charity helps:
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 22 May 2017: CIO registration
  • 28 January 2019: Funds received from 1044420 THE GRADUATE FASHION WEEK
Organisation type:
CIO
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints policy and procedures
  • 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
  • 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
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

14 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
DOUGLAS GORDON MACGREGOR MACLENNAN Chair 22 May 2017
None on record
Rachel Killick-Calver Trustee 14 March 2024
None on record
Joy Campbell Trustee 22 September 2023
None on record
River Chadprajong-Smith Trustee 18 November 2022
None on record
Ian McInnes Trustee 19 November 2021
None on record
Benita Odogwu-Atkinson Trustee 18 November 2020
None on record
Gavin Douglas Trustee 18 November 2020
None on record
Della Swain Trustee 18 November 2020
None on record
Tania Littlehales Trustee 10 January 2020
None on record
John Maurice Mullen Trustee 10 January 2020
None on record
Anthony Brotheridge Trustee 22 November 2019
None on record
Emma Calder Trustee 22 November 2019
None on record
Leon Philip Maurice Trustee 03 November 2017
None on record
WENDY ANN DAGWORTHY PREW Trustee 22 May 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/07/2019 31/10/2020 31/10/2021 31/10/2022 31/10/2023
Total gross income £1.00m £411.35k £501.51k £658.02k £954.88k
Total expenditure £997.91k £361.21k £469.49k £759.78k £660.82k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £743.85k N/A £222.97k £310.04k £573.65k
Income - Other trading activities £0 N/A £0 £0 £0
Income - Charitable activities £259.39k N/A £278.22k £347.94k £380.07k
Income - Endowments £0 N/A £0 £0 £0
Income - Investment £174 N/A £325 £41 £1.16k
Income - Other £0 N/A £0 £0 £0
Income - Legacies £0 N/A £0 £0 £0
Expenditure - Charitable activities £845.38k N/A £417.23k £706.85k £610.91k
Expenditure - Raising funds £111.22k N/A £52.26k £52.94k £49.91k
Expenditure - Governance £0 N/A £0 £0 £4.97k
Expenditure - Grants institution £0 N/A £0 £0 £0
Expenditure - Investment management £0 N/A £0 £0 £0
Expenditure - Other £41.31k 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 31/07/2019 31/10/2020 31/10/2021 31/10/2022 31/10/2023
Own use assets £0 N/A £31.68k £25.30k £16.97k
Long-term investments £0 N/A £0 £0 £0
Other assets £157.43k N/A £268.22k £90.19k £571.42k
Defined benefit pension scheme asset or liability £0 N/A £0 £0 £0
Total liabilities £44.92k N/A £105.23k £22.58k £201.41k

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 October 2023 13 March 2024 On Time
Accounts and TAR 31 October 2023 13 March 2024 On Time Download Open in new window
Annual return 31 October 2022 20 April 2023 On Time
Accounts and TAR 31 October 2022 20 April 2023 On Time Download Open in new window
Annual return 31 October 2021 21 July 2022 On Time
Accounts and TAR 31 October 2021 21 July 2022 On Time Download Open in new window
Annual return 31 October 2020 16 March 2021 On Time
Accounts and TAR 31 October 2020 16 March 2021 On Time Download Open in new window
Annual return 31 July 2019 17 April 2020 On Time
Accounts and TAR 31 July 2019 17 April 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.

CIO - FOUNDATION Registered 22 May 2017

Charitable objects

THE OBJECTIVES OF THE CIO ARE 1)FOR THE PUBLIC BENEFIT, THROUGH THE ESTABLISHMENT IN LIFE OF NEWLY GRADUATED AND CURRENT UNDERGRADUATE FASHION STUDENTS, BY THE ORGANISING AND THE RUNNING OF EVENTS, TO PROVIDE EMPLOYMENT OPPORTUNITIES AND EXPERIENCE, RELATED TO WORKING IN THE FASHION INDUSTRIES, INCLUSIVE OF THE ANNUAL GRADUATE FASHION WEEK EVENT. 2)THE ADVANCEMENT OF EDUCATION FOR THE PUBLIC BENEFIT OF PERSONS WHO ARE, OR WILL BE EMPLOYED IN THE FASHION/FASHION RELATED INDUSTRIES, IN PARTICULAR BUT NOT LIMITED TO, THE SUBJECTS OF FASHION DESIGN, TEXTILES, ACCESSORIES, MARKETING, BUSINESS, MEDIA AND COMMUNICATIONS.

Contact information

Address:
166 OSBORNE RD
JESMOND
NEWCASTLE UPON TYNE
NE2 3LE
Phone:
020 8158 3170
Email:
info@graduatefashionweek.com
Website:

www.graduatefashionweek.com Open in new window