BOOMERANG CARDIFF

Charity Number: 1172898
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Boomerang Cardiff has been an ongoing project since our inception in 2017. Under the umbrella of our organisation we have 5 key areas. Homelessness/Prevention of homelessness In Work Poverty Social Isolation/Loneliness Community Engagement/Education Health/Physical Wellbeing

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£703,348

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Donations and legacies £389.15k
Charitable activities £249.49k
Other trading activities £64.67k
Investments £30
Other £0

Total expenditure:
£626,827

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Raising funds £154.84k
Charitable activities £471.99k
Other £0

£0 investments gains (losses)

Total income includes £58,021 from 2 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 £154.84k
Charitable expenditure £471.99k
Retained for future use £76.52k

People

17 Employee(s)

4 Trustee(s)

80 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 has one or more 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
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Amateur Sport
  • Economic/community Development/employment
  • Recreation
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Other Charitable Activities
Where the charity operates:
  • Throughout Wales

Governance

Registration history:
  • 05 May 2017: CIO registration
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
  • 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • 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

4 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
stacey Gwilym Chair 25 September 2017
None on record
Mathew Bricknell Trustee 12 October 2021
None on record
konsa micallef Trustee 12 October 2021
None on record
jonathan ackerman Trustee 06 August 2020
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £185.99k £299.51k £622.30k £745.96k £703.35k
Total expenditure £172.51k £300.61k £408.75k £549.24k £626.83k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £34.00k £114.77k £21.00k £206.91k £58.02k
Income - Donations and legacies N/A N/A £142.62k £448.02k £389.15k
Income - Other trading activities N/A N/A £69.15k £110.88k £64.67k
Income - Charitable activities N/A N/A £146.53k £187.01k £249.49k
Income - Endowments N/A N/A £0 £0 £0
Income - Investment N/A N/A £0 £46 £30
Income - Other N/A N/A £264.00k £0 £0
Income - Legacies N/A N/A £0 £0 £0
Expenditure - Charitable activities N/A N/A £21.00k £312.12k £471.99k
Expenditure - Raising funds N/A N/A £1.25k £196.52k £154.84k
Expenditure - Governance N/A N/A £0 £10.92k £0
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 £386.50k £40.59k £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 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets N/A N/A £53.36k £510.36k £715.07k
Long-term investments N/A N/A £0 £0 £0
Other assets N/A N/A £245.24k £70.59k £72.89k
Defined benefit pension scheme asset or liability N/A N/A £0 £0 £0
Total liabilities N/A N/A £22.95k £108.58k £239.07k

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 December 2023 31 October 2024 On Time
Accounts and TAR 31 December 2023 31 October 2024 On Time Download Open in new window
Annual return 31 December 2022 31 August 2023 On Time
Accounts and TAR 31 December 2022 31 August 2023 On Time Download Open in new window
Annual return 31 December 2021 13 August 2022 On Time
Accounts and TAR 31 December 2021 13 August 2022 On Time Download Open in new window
Annual return 31 December 2020 28 October 2021 On Time
Accounts and TAR 31 December 2020 28 October 2021 On Time Download Open in new window
Annual return 31 December 2019 24 March 2021 144 days late
Accounts and TAR 31 December 2019 24 March 2021 144 days late 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 05 May 2017

Charitable objects

THE OBJECTS OF THE CIO ARE (1)THE PREVENTION OR RELIEF OF POVERTY IN CARDIFF AND SURROUNDING AREAS BY PROVIDING: ITEMS AND SERVICES TO INDIVIDUALS/FAMILIES IN NEED, AND TO WORK ALONGSIDE OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY; (2)TO PROMOTE FOR THE BENEFIT OF THE INHABITANTS OF CARDIFF AND SURROUNDING AREAS WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS, BY ASSOCIATING TOGETHER THE SAID INHABITANTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND OTHER LEISURE TIME OCCUPATIONS WITH THE OBJECTS OF IMPROVING THE CONDITIONS OF LIFE OF THE SAID INHABITANTS; AND (3)TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE (HEREINAFTER CALLED 'THE CENTRE') AND TO MAINTAIN AND MANAGE THE SAME (WHETHER ALONE OR IN CO-OPERATION WITH ANY LOCAL AUTHORITY OR PERSON OR BODY) IN FURTHERANCE OF THESE OBJECTS. NOTHING IN THIS CONSTITUTION SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CIO FOR THE PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH[SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005] AND [SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008].

Contact information

Address:
Boomerang Cardiff
Unit 5
Templar Park Industrial Estate
East Moors Road
CARDIFF
CF24 5EW
Phone:
02920497724
Email:
paul@boomerangcardiff.org.uk
Website:

www.boomerangcardiff.org.uk Open in new window