Finance Score: -6

Governance Score: -3

Support Score: 11

Positive trading contribution: +2;Accounts overdue -5
Strong growth: +2
Fundraising costs high: -5

No volunteer policy: -2
Only 4 Trustees: -1

Grant maker support: +11

Overall GiG Score: 2

QED FOUNDATION LIMITED

Improving the educational, social and economic circumstances of the most disadvantaged communities in the UK - particularly those of Bangladeshi, Indian or Pakistani origin who are struggling against disproportionately high levels of poverty, disadvantage and discrimination of various kinds - and contributiong to a society based on the principles of equality, diversity and social justice.

Analysis by Giving is Great

Positives:

More than half of total income was derived from trading and fees in the latest year
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy
There are only 4 trustees

Financial issues to consider:

Latest accounts are overdue for filing
Fundraising costs are extremely high relative to funds raised

Established: 33 years

www.qed-uk.org

m.ali@qed-uk.org

01274 545000

Charity Commission for England and Wales

Tweets

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/22		£959	£919	£40	£71	£479	£296	3.9	9	9
31/03/21		£990	£886	£104	£27	£440	£265	3.6	11	11
31/03/20	*	£549	£470	£79	£32	£335	£221	5.6	8	8
31/03/19		£292	£325	£-33	n/a	n/a	n/a	n/a	n/a	10
31/03/18		£327	£294	£33	£0	£0	£0	n/a	0	0
31/03/17		£232	£363	£-130	£0	£0	£0	n/a	0	0
31/03/16		£366	£639	£-273	£0	£0	£0	n/a	0	0
31/03/15		£1,482	£1,200	£282	£51	£660	£643	6.4	22	0
31/03/14		£692	£715	£-23	£17	£381	£221	3.7	17	0
31/03/13		£862	£844	£18	£58	£404	£342	4.9	15	0
31/03/12		£642	£827	£-185	£104	£386	£381	5.5	13	0
31/03/11		£917	£887	£31	£85	£571	£495	6.7	18	0
31/03/10		£808	£790	£18	£98	£541	£534	8.1	17	0
31/03/09		£681	£777	£-96	£149	£523	£521	8.1	14	0
31/03/08		£1,033	£940	£93	£162	£618	£618	7.9	12	0
31/03/07		£1,048	£964	£84	£143	£525	£489	6.1	10	0
31/03/06		£895	£686	£209	£0	£0	£0	n/a	0	0
31/03/05		£1,144	£1,121	£23	£0	£0	£0	n/a	0	0
31/03/04		£1,074	£1,027	£46	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 121.9%
Fundraising Costs/Total Spending: 7.7%
Highest pay band: Less than £60,000
Liabilities/Assets: 25%
Liabilities/Income: 16%
Unrestricted Funds/Total Funds: 62%
Reserves/Spending: 3.9 months
Net Current Assets/Spending: 5 months
Quick Ratio: 2.6

Asset Split ?

Listed activities

Economic/Community Development/Employment
Education/Training

How it operates

Acts as an umbrella or resource body
Provides advocacy/advice/information

Where it operates

Throughout England And Wales,

Who it helps

People Of A Particular Ethnic Or Racial Origin

Who works here?

9 employees
9 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

National Lottery Community Fund	£160,658
DCMS	£69,058
Lloyds Bank Foundation	£52,250

Specific Donations

Amount	When Months	To be used for
National Lottery Community Fund - Breaking Barriers
£150,658	31/07/2023	This funding will support men women and families experiencing digital exclusion and poor financial literacy in Bradford and Keighley West Yorkshire. The group will be able to support migrants ....more This funding will support men women and families experiencing digital exclusion and poor financial literacy in Bradford and Keighley West Yorkshire. The group will be able to support migrants settlers refugees and asylum seekers in local communities through digital inclusion courses which aim to bring people together through training to reinforce and practice skills in surroundings that put them at ease working at a pace that allows them to learn financial literacy. Translators and skilled trainers will support individuals at a manageable pace allowing IT confidence to grow and giving people independence with digital and financial skills for everyday life and careers in IT.
Lloyds Bank Foundation - One off gift towards cost of living crisis to Quest for Economic Development
£2,250	14/12/2022	One off gift to support with the cost of living crisis
Lloyds Bank Foundation - Grant to Quest for Economic Development
£50,000	08/09/2021 24	Unrestricted grant over two years towards the core costs of Quest for Economic Development
DCMS - Coronavirus Community Support Fund
£69,058	08/07/2020	"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more "The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public services.2) To ensure essential services are provided to vulnerable people, both in the short and long term through increased community support through the work of charitable organisations."
National Lottery Community Fund - NAPVO conference and consultation event
£10,000	04/07/2019 12	The funding will be used to run a conference and consultation event for Pakistani community and voluntary sector groups to cover topics including poor health, low income, exploitation, ....more The funding will be used to run a conference and consultation event for Pakistani community and voluntary sector groups to cover topics including poor health, low income, exploitation, discrimination, and isolation.
Home Office - QED Foundation - Voluntary Return Community Engagement 2018-19
£39,430	01/09/2018	Outreach, promotional and dissemination activities, to increase knowledge of the the voluntary returns scheme to the South Asian communities of Yorkshire.
Paul Hamlyn Foundation - My Journey
£51,585	08/02/2016 23	'My Journey' will facilitate dialogue between young migrants and settled communities about the issues they face to increase mutual understanding and cohesion. Through a series of presentations led by ....more 'My Journey' will facilitate dialogue between young migrants and settled communities about the issues they face to increase mutual understanding and cohesion. Through a series of presentations led by newly arrived migrants to established communities, these sessions will promote understanding of migrants’ needs and underlying causes of tensions, leading to action plans to facilitate their integration which will be shared with decision makers locally and nationally.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

Age Range of Trustees: 50-85

MOHAMMED SABIR MBE, Occupation: Businessman, Other trusteeships: AL SHIFA TRUST LTD, KASHMIR EDUCATION FOUNDATION (UK) LTD,

MOHAMMED YAQUB NIZAMI Appointed: 2021, Occupation: Retired Local Authority Officer

PROFESSOR ZAHEER-UD-DIN BABAR Appointed: 2021, Occupation: Professor Of Medicines And Healthcare, Other trusteeship: THE COMMONWEALTH PHARMACISTS ASSOCIATION,

SUKHMINDER POONI Appointed: 2013, Occupation: Accountant

Legal constitution

Charitable company registered in England & Wales on 10/10/1991, number: 1004608
Registered at Companies House on 31/10/1990, number: 02553828

Gift Aid

Registered with HMRC for Gift Aid

Event History

11/02/2016 - Asset transfer in from THE PUKAAR FOUNDATION
20/02/2024 - Asset transfer in from POVERTY ALLEVIATION SCHOLARSHIPS FOUNDATION

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; AR20: 8 days late,

Recent reorganisation events:

Asset transfer in from POVERTY ALLEVIATION SCHOLARSHIPS FOUNDATION on 20/02/2024

Main office

QUEST HOUSE
38,VICAR LANE
BRADFORD
BD1 5LD

Objectives

TO PROVIDE COURSES, SEMINARS, CONFERENCES, LECTURES, LESSONS AND CLASSES FOR THE STUDY AND PROMOTION OF PROFESSIONAL, COMMERCIAL, BUSINESS, TECHNICAL, GOVERNMENTAL AND INDUSTRIAL MATTERS AND SUBJECTS TO PERSONS OVER STATUTORY SCHOOL LEAVING AGE WHO WOULD BENEFIT FROM SUCH TRAINING.

Defined Area of Benefit:

IN PRACTICE BRADFORD

Data Sources