GLOBAL COMPACT NETWORK UK

Charity number: 1202147
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The objects of the Charity are: 2.1.1 To promote sustainable development for the benefit of the public by: (a) the preservation, conservation and the protection of the environment and the prudent use of resources; (b) the relief of poverty and the improvement of the conditions of life in socially and economically disadvantaged communities; and (c) the promotion of sustainable means of achieving

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£3,272,006

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Donations and legacies £0
Charitable activities £3.24m
Other trading activities £25.42k
Investments £4.10k
Other £0

Total expenditure:
£3,107,404

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Raising funds £6.75k
Charitable activities £3.10m
Other £0

£0 investments gains (losses)

Total income includes £183,256 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.

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Raising funds and other expenditure £6.75k
Charitable expenditure £3.10m
Retained for future use £164.60k

People

8 Trustee(s)

Employees with total benefits over £60,000

No information available

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
  • The Prevention Or Relief Of Poverty
  • Environment/conservation/heritage
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 02 March 2023: Standard registration
Organisation type:
Charitable company
Other names:
  • UN GLOBAL COMPACT NETWORK UK (Working name)
Company number:
08567552 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • 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
  • 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
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

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
DAVID SCHOFIELD Chair 06 September 2021
None on record
Ruth Chapman Trustee 25 June 2024
ALREWAS SCHOOL PARENTS AND FRIENDS ASSOCIATION
Received: On time
Preeti Srivastav Trustee 25 June 2024
None on record
Dr Samuel John Gardner Trustee 25 June 2024
None on record
Hiba Khan Trustee 29 June 2023
None on record
Matthew Sparkes Trustee 30 June 2021
None on record
Charlotte Bronks Trustee 30 June 2021
None on record
Rachel Moseley Trustee 03 September 2020
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2023
Total gross income £3.27m
Total expenditure £3.11m
Income from government contracts N/A
Income from government grants £183.26k
Income - Donations and legacies £0
Income - Other trading activities £25.42k
Income - Charitable activities £3.24m
Income - Endowments £0
Income - Investment £4.10k
Income - Other £0
Income - Legacies £0
Expenditure - Charitable activities £3.10m
Expenditure - Raising funds £6.75k
Expenditure - Governance £108.17k
Expenditure - Grants institution £2.99m
Expenditure - Investment management £0
Expenditure - Other £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 31/12/2023
Own use assets £0
Long-term investments £0
Other assets £1.87m
Defined benefit pension scheme asset or liability £0
Total liabilities £1.61m

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
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 JUN 2013 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 18 SEP 2014 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 03 SEP 2020 AS REGISTERED AT COMPANIES HOUSE ON 01 OCT 2020 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 14 FEB 2023

Charitable objects

2.1 THE OBJECTS OF THE CHARITY ARE: 2.1.1 TO PROMOTE SUSTAINABLE DEVELOPMENT FOR THE BENEFIT OF THE PUBLIC BY: (A) THE PRESERVATION, CONSERVATION AND THE PROTECTION OF THE ENVIRONMENT AND THE PRUDENT USE OF RESOURCES; (B) THE RELIEF OF POVERTY AND THE IMPROVEMENT OF THE CONDITIONS OF LIFE IN SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES; AND (C) THE PROMOTION OF SUSTAINABLE MEANS OF ACHIEVING ECONOMIC GROWTH AND REGENERATION, IN PARTICULAR, BUT NOT LIMITED TO, THROUGH THE ADVANCEMENT OF EDUCATION IN SUBJECTS RELATING TO SUSTAINABLE DEVELOPMENT. 2.1.2 TO PROMOTE ETHICAL STANDARDS OF CONDUCT AND COMPLIANCE WITH THE LAW IN THE ADMINISTRATION AND MANAGEMENT OF THE PUBLIC AND PRIVATE SECTORS WITH A FOCUS ON THE PROTECTION OF PEOPLE AND THE ENVIRONMENT. 2.2 “SUSTAINABLE DEVELOPMENT” MEANS "DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS."

Contact information

Address:
UN Global Compact Network UK
Re-Defined-03
30 Stamford Street
London
SE1 9LS
Phone:
07925857133
Email:
secretariat@unglobalcompact.org.uk
Website:

https://www.unglobalcompact.org.uk/ Open in new window