Barking and Dagenham Giving

Charity number: 1166335
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Charity has a controlling interest in B&D reside Weavers LLP, which provides affordable rented housing for local people in the Barking area.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£29,398,875

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Donations and legacies £20.37m
Charitable activities £0
Other trading activities £0
Investments £119.36k
Other £8.91m

Total expenditure:
£13,238,670

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Raising funds £0
Charitable activities £908.21k
Other £12.33m

-£78,049 investments gains (losses)

Total income includes £19,739,469 from 5 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 £12.33m
Charitable expenditure £908.21k
Retained for future use £16.16m

People

6 Employee(s)

9 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£70k to £80k 1

One or more of the employees were formerly trustees

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:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Economic/community Development/employment
  • Other Charitable Purposes
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Other Finance
  • Other Charitable Activities
Where the charity operates:
  • Barking And Dagenham

Governance

Registration history:
  • 01 April 2016: Standard registration
Organisation type:
Charitable company
Other names:
  • BARKING AND DAGENHAM RENEW (Previous name)
  • BARKING RENEW (Previous name)
Company number:
09922379 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints 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
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

9 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Ian Parkes Chair 05 August 2020
None on record
Rachel Maame-Esi Williams Trustee 01 January 2025
None on record
Marta Magdalena Lipska Trustee 01 January 2025
None on record
Oluwagbeminiyi Okutubo Trustee 01 January 2025
None on record
Nilesh Pandya Trustee 25 December 2023
THE LAUREL TRUST
Received: On time
Kasang Cinthia Kajang Trustee 28 June 2023
None on record
Andrew Nathan Joseph Kerr Trustee 22 June 2021
None on record
Alexander Matthew Jeremy Trustee 22 June 2021
None on record
Steven Wayne Green Trustee 22 June 2021
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 £2.65m £2.90m £3.98m £67.98m £29.40m
Total expenditure £2.97m £3.41m £3.49m £5.58m £13.24m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £232.71k £248.37k £942.94k £62.94m £19.74m
Income - Donations and legacies £330.90k £463.00k £0 £63.43m £20.37m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £1.50m £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £4.92k £90 £131 £22.24k £119.36k
Income - Other £2.31m £2.44m £2.47m £4.52m £8.91m
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £53.65k £204.03k £190.32k £418.42k £908.21k
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £39.05k £36.96k £23.76k £34.20k £35.40k
Expenditure - Grants institution £0 £0 £104.63k £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £2.92m £3.20m £3.30m £5.16m £12.33m

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 £44.44m £44.10m £45.70m £156.76m £195.29m
Long-term investments £0 £0 £0 £0 £0
Other assets £1.25m £1.47m £2.67m £4.41m £7.06m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £53.10m £53.17m £53.15m £130.87m £161.95m

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 30 January 2025 On Time
Accounts and TAR 31 March 2024 30 January 2025 On Time Download Open in new window
Annual return 31 March 2023 18 January 2024 On Time
Accounts and TAR 31 March 2023 18 January 2024 On Time Download Open in new window
Annual return 31 March 2022 07 March 2023 35 days late
Accounts and TAR 31 March 2022 07 March 2023 35 days late Download Open in new window
Annual return 31 March 2021 06 January 2022 On Time
Accounts and TAR 31 March 2021 06 January 2022 On Time Download Open in new window
Annual return 31 March 2020 16 January 2021 On Time
Accounts and TAR 31 March 2020 16 January 2021 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 18 DEC 2015 INCORPORATED 18 DEC 2015 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 19 SEP 2017 as amended on 10 Jul 2020

Charitable objects

THE OBJECTS OF THE CHARITY ARE TO CARRY OUT ALL PURPOSES WHICH ARE CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES FROM TIME TO TIME FOR THE BENEFIT OF PERSONS IN THE LONDON BOROUGH OF BARKING AND DAGENHAM, INCLUDING WITHOUT LIMITATION, SUPPORTING THE PROVISION OF HOUSING FOR THE RELIEF OF THOSE IN NEED, THE ADVANCEMENT OF EDUCATION AND THE ADVANCEMENT OF HEALTH.

Contact information

Address:
50 Cambridge Road
Barking
Essex
Phone:
02082273205
Email:
hello@bdgiving.org.uk
Website:

bdgiving.org.uk