Overall GiG Score: 19 ?
Finance Score: 3
Governance Score: 3
Support Score: 13
  • Excess liquidity: -1
  • Reasonable growth: +1
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Static board: -3
  • Gender balanced board: +3
  • Grant maker support: +13

WALTHAM FOREST CHURCHES NIGHT SHELTER-WFCNS LIMITED 

Waltham Forest Churches Night Shelter provides short-term accommodation for former rough sleepers and street homeless men and women in its hostel, known as 'Branches'. The Support and Resettlement Team provides advocacy, life-skills development, employment, training and volunteering opportunities so individuals have a better chance of successful independent living after they move on.
Analysis by Giving is Great

Positives:

  • There has been reasonable growth in spending over the last 3 years relative to the previous period
  • There have been no material income shortfalls in recent years
  • Fundraising costs are low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age and gender

Regulatory & Governance issues to consider:

  • The Board composition appears to be rather static

Financial issues to consider:

  • Liquidity appeared to be in excess of CC guidelines at the latest year end especially considering the historic stability of income
Established: 23 years

www.wfcbranches.org.uk

theoffice@wfcbranches.org.uk

02085206363

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?

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
31/03/23£1,123£760£362£47£1,173£1,16618.41225
31/03/22£857£689£168£43£811£78413.71235
31/03/21£720£653£66£51£643£61011.21125
31/03/20£770£570£199£24£577£50110.51135
31/03/19£549£525£24£10£377£3748.51135
31/03/18£557£499£57£0£353£3508.4110
31/03/17£541£470£71£0£296£2897.480
31/03/16£543£534£9£0£225£225580
31/03/15£527£498£28£13£216£2165.2120
31/03/14£541£458£83£13£187£1874.9120
31/03/13£518£525£-7£13£104£1042.4120
31/03/12£550£476£74£23£111£1112.8130
31/03/11£574£558£16£22£37£370.8140
31/03/10£691£651£40£30£66£210.4190
31/03/09£521£516£6£30£26£260.6180
31/03/08£463£455£9£0£0£0n/a00
31/03/07£414£421£-7£0£0£0n/a00
31/03/06£319£365£-46£0£0£0n/a00
31/03/05*£127£141£-13£0£0£0n/a00
31/03/04£142£130£12£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 7.1%
Fundraising Costs/Total Spending: 6.2%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 23%
Liabilities/Income: 32%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 18.4 months
Net Current Assets/Spending: 8 months
Quick Ratio: 7.7
Asset Split ?
What it does
  • Accommodation/Housing
  • Education/Training
  • The Prevention Or Relief Of Poverty
Who works here?
  • 12 employees
  • 25 volunteers
Who it helps
  • Other Defined Groups
How it operates
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Enfield, Hackney, Haringey, Newham, Redbridge, Waltham Forest,

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
City Bridge Trust£334,300
Henry Smith Charity£315,000
The Clothworkers Foundation£150,000
Lloyds Bank Foundation£148,675
Garfield Weston Foundation£60,000
Specific Donations
Amount When
Months
To be used for
Henry Smith Charity - Grant to Waltham Forest Churches Night Shelter Ltd (WFCNS)
£195,000 14/06/2023
36
towards three years' continuation funding of the running costs of an organisation providing a hostel for homeless single men and women in the London Borough of Waltham Forest.
Lloyds Bank Foundation - One off gift towards cost of living crisis to Waltham Forest Churches Night Shelter (WFCNS) Ltd
£2,250 14/12/2022
One off gift to support with the cost of living crisis
The Clothworkers Foundation - Grant to Waltham Forest Churches Night Shelter (WFCNS)
£150,000 27/09/2022
purchase and refurbishment of a building for a charity supporting people experiencing homelessness in London
Lloyds Bank Foundation - Grant to Waltham Forest Churches Night Shelter (WFCNS) Ltd
£50,000 25/07/2022
24
Unrestricted grant over two years towards the core costs of Waltham Forest Churches Night Shelter (WFCNS) Ltd
City Bridge Trust - Grant to Waltham Forest Churches Night Shelter Ltd (WFCNS)
£38,300 06/05/2021
£38,300 for additional staff time from the CEO and premises manager to produce a 5-year business plan, analyse financial implication of move-on accommodation property and create an environmental ....more
Garfield Weston Foundation - Main Grants award
£30,000 09/04/2021
Supporting rough sleepers and homeless adults in Waltham Forest to transform their lives.
DCMS - Coronavirus Community Support Fund
£9,381 03/08/2020
"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
Lloyds Bank Foundation - Variation grant to Waltham Forest Churches Night Shelter (WFCNS) Ltd
£6,425 23/07/2020
Grant to Waltham Forest Churches Night Shelter (WFCNS) Ltd meeting the additional costs of adapting services, premises or implementing other safety measures in response to the Covid pandemic.
Sport England - Physical wellbeing for homeless adults
£9,250 18/02/2020
16
Funding under Sport England's Small Grants funding programme for a Revenue project titled Physical wellbeing for homeless adults. This project lists its main activity as Multi Sports
City Bridge Trust - Grant to Waltham Forest Churches Night Shelter Ltd (WFCNS)
£296,000 30/01/2020
60
£296,000 over five years for the salary and on-costs of employing a CBT Therapist and associated project costs, with a contribution to core costs.
Garfield Weston Foundation - Main Grants award
£30,000 11/09/2019
Transforming the lives of homeless adults in Waltham Forest.
Lloyds Bank Foundation - Grant to Waltham Forest Churches Night Shelter (WFCNS) Ltd
£90,000 17/07/2019
36
Waltham Forest Churches Night Shelter provides a 27-bed hostel and wrap-around support for rough sleepers and those with complex and high support needs from referral through to independent living. ....more
Henry Smith Charity - Grant to Waltham Forest Churches Night Shelter Ltd (WFCNS)
£120,000 12/06/2019
36
towards three years' running costs of a hostel for homeless single men and women in the London Borough of Waltham Forest
Co-Operative Group - Grant to Branches (Waltham Forest Churches Night Shelter Ltd)
£4,230 04/08/2017
Singing and playing instruments will help improve wellbeing through creativity, self expression and promoting a positive outlook on life.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)
Current Trustees appointed
Gender Split

Age Range of Trustees: 36-67
Legal constitution
  • Charitable company registered in England & Wales on 04/06/2001, number: 1086888
  • Registered at Companies House on 20/09/1999, number: 03844727
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • 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
  • Investment
  • 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
Filing Record
20 returns made; AR05: 380 days late,
Main office

Branches Hostel
740 Forest Road
Walthamstow
London
E17 3HR

Objectives

TO RELIEVE POVERTY OF SINGLE PERSONS IN THE LONDON BOROUGH OF WALTHAM FOREST AND THE SURROUNDING AREAS WHO ARE HOMELESS BY THE PROVISION OF A HOSTEL, AN INFORMATION AND ADVICE SERVICE, AND OTHER APPROPRIATE SUPPORT SERVICES.

Defined Area of Benefit:

LONDON BOROUGH OF WALTHAM FOREST AND THE SURROUNDING AREAS

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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