Finance Score: 2

Governance Score: 6

Support Score: 9

Strong growth: +2

Good trustee age range: +3
Dynamic board: +3

Grant maker support: +9

Overall GiG Score: 17

FIRST LOVE FOUNDATION LIMITED

First Love Foundation is a Christian charity working for a world where people are able to live sustainable and independent lives. We do this through the design and delivery of projects, with advocacy - holistic and person-centered in design that not only tackles poverty and its underlying causes - but seeks to restore income, dignity, thus reducing dependence on long term charitable food support.

Analysis by Giving is Great

Positives:

The charity has received backing from multiple prominent grant makers recently
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Established: 14 years

www.firstlovefoundation.org.uk

info@firstlovefoundation.org.uk

020 3069 9877

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
31/03/23		£876	£749	£127	£0	£398	£289	4.6	10	10
31/03/22		£567	£696	£-129	£112	£271	£251	4.3	11	113
31/03/21		£977	£648	£330	£96	£400	£179	3.3	11	176
31/03/20		£604	£566	£38	£0	£70	£14	0.3	8	50
31/03/19		£412	£391	£21	n/a	n/a	n/a	n/a	n/a	26
31/03/18		£422	£445	£-23	£0	£0	£0	n/a	0	0
31/03/17		£304	£355	£-51	£0	£0	£0	n/a	0	0
31/03/16	*	£324	£335	£-10	£0	£0	£0	n/a	0	0
31/03/15		£384	£360	£23	£0	£0	£0	n/a	0	0
31/03/14		£170	£142	£28	£0	£0	£0	n/a	0	0
31/03/13	*	£181	£153	£28	£0	£0	£0	n/a	0	0
31/03/12		£57	£44	£13	£0	£0	£0	n/a	0	0
31/03/11		£25	£22	£3	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 4%
Liabilities/Income: 2%
Unrestricted Funds/Total Funds: 73%
Reserves/Spending: 4.6 months
Net Current Assets/Spending: 2 months
Quick Ratio: 7.5

Asset Split ?

Listed activities

Economic/Community Development/Employment
Education/Training
General Charitable Purposes
Human Rights/Religious Or Racial Harmony/Equality Or Diversity
Other Charitable Purposes
Religious Activities
The Prevention Or Relief Of Poverty

How it operates

Acts as an umbrella or resource body
Makes Grants to Individuals
Other charitable activities
Provides advocacy/advice/information
Provides human resources
Provides services

Where it operates

Tower Hamlets,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
People With Disabilities
The General Public/Mankind

Who works here?

10 employees
10 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

Mercer's Charitable Foundation	£91,034
DCMS	£63,600
Pears Foundation	£15,000
City Bridge Trust	£7,110

Specific Donations

Amount	When Months	To be used for
Mercer's Charitable Foundation - Grant to First Love Foundation
£91,034	24/01/2024	Holistic advocacy & advice services.
DCMS - VSCE CMC Fund
£3,000	09/10/2020	NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots ....more NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots and small organisations who can provide an on-the-ground community response to the crisis; and, support local charitable organisations to mobilise volunteers to enable better targeted support in communities through empowered local groups.
DCMS - Coronavirus Community Support Fund
£60,600	29/09/2020	"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."
The Fore - RAFT COVID-19 response grant to First Love Foundation
£5,000	08/06/2020 36	Grant from The Fore's RAFT Immediate Response Fund to First Love Foundation, as part of The Fore's COVID-19 Response programme.
CAF - Grant to First Love Foundation
£4,500	13/05/2020 3	Grant to First Love Foundation to support the organisation through COVID19
City Bridge Trust - Grant to First Love Foundation
£7,110	08/05/2020	A grant of £7,110 to fund the essential and urgent costs outlined in the application, so that the organisation can carry on providing support to Londoners.
Pears Foundation - Grant to First Love Foundation
£15,000	20/12/2019 12	Core funding
The Grocers' Charity - 2020 First Love Foundation
£5,000	11/12/2019	Working to increase social mobility through training courses, better facilities or parenting support
National Lottery Community Fund - LOVE Summer
£9,950	21/03/2018 12	The group will run a summer holiday programme for local children. This will deliver fun activities and ensure children receive nutritious meals.
Pears Foundation - Grant to First Love Foundation
£40,000	20/02/2018 24	Core funding (Food Bank Network)
Pears Foundation - Grant to First Love Foundation
£15,000	28/03/2017 12	Core funding
Lloyds Bank Foundation - Grant to First Love Foundation
£24,000	28/03/2013	the Manager's salary

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Age Range of Trustees: 41-62

AEROLD BENTLEY Appointed: 2010, Occupation: Retired

KATHERINE HEDDERLY Appointed: 2021, Occupation: Vicar, Other trusteeships: TOC H AND ALL HALLOWS TRUST, THE CITY CHAPTER AND PERCY TRENTHAM CHARITY,

PETER DONN THOMPSON Appointed: 2021, Occupation: Managing Director

RACHEL REDFEARN Appointed: 2012, Occupation: Community Health Promoter, Other trusteeship: THE ASHROY TRUST,

RASHEED AMUNIKORO Appointed: 2018, Occupation: Chief Financial Officer

SAMUEL OKAFOR Appointed: 2016, Occupation: Banking

Legal constitution

Charitable company registered in England & Wales on 06/09/2010, number: 1137819
Registered at Companies House on 17/03/2010, number: 07193272

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
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
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

Filing Record

13 returns made; AR16: 25 days late, AR13: 2 days late,

Main office

Unit 901
Import Building
2 Clove Crescent
LONDON
E14 2BE

Objectives

1. TO RELIEVE POVERTY;2. TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT BY SUPPORTING PEOPLE IN MATTERS RELATING TO THEIR AGE, GENDER, RACE, DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES; WHERE THEY ARE EXCLUDED FROM SOCIETY AS A RESULT OF BEING A MEMBER OF A SOCIALLY AND ECONOMICALLY DEPRIVED COMMUNITY;3. TO ADVANCE EDUCATION, TRAINING AND RETRAINING AMONG UNEMPLOYED PEOPLE;4. TO DEVELOP THE CAPACITY AND SKILLS OF THE MEMBERS OF THE COMMUNITY IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY, AND HELP MEET, THEIR NEEDS AND PARTICIPATE MORE FULLY IN SOCIETY.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, NATIONAL

Data Sources