Overall GiG Score: -1 ?
Finance Score: -4
Governance Score: -5
Support Score: 8
  • Spending declining: -1
  • Volatile income: -3
  • No PartB
  • Narrow trustee age band: -2
  • All male board: -3
  • Large volunteers +5
  • Grant maker support: +3

TIME BANK PLUS LTD 

Provide a Time Bank service, working with disadvantaged communities in Bath & North East Somerset, to facilitate the exchange of time and services within the local area.
Analysis by Giving is Great

Positives:

  • This charity has been very successful in attracting volunteers relative to its size
  • There have been no material income shortfalls in recent years
  • A significant proportion of recent income was derived from major grant makers including a Community Foundation

Regulatory & Governance issues to consider:

  • The Board is completely male
  • The Board has little diversity in terms of age

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Spending is declining
  • Income has been volatile recently
Established: 12 years
(15 years as a company)

www.timebankplus.co.uk

timebankplus@googlemail.com

01225442813

Charity Commission for England and WalesCompanies House
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£25£28£-3n/an/an/an/an/a50
31/03/22£35£34£0n/an/an/an/an/a40
31/03/21£42£37£5n/an/an/an/an/a40
31/03/20£29£40£-11n/an/an/an/an/a70
31/03/19£44£45£-1n/an/an/an/an/a70
31/03/18£66£33£33£0£0£0n/a00
31/03/17£28£32£-4£0£0£0n/a00
31/03/16£35£35£0£0£0£0n/a00
31/03/15£38£48£-9£0£0£0n/a00
31/03/14£56£44£13£0£0£0n/a00
31/03/13£32£28£4£0£0£0n/a00

Highest pay bracket: less than £60,000
What it does
  • Economic/Community Development/Employment
  • Education/Training
Who works here?
  • 50 volunteers
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People With Disabilities
  • The General Public/Mankind
How it operates
  • Acts as an umbrella or resource body
  • Provides human resources
  • Provides services
Where it operates
  • Bath And North East Somerset,

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.

Specific Donations
Amount When
Months
To be used for
Quartet Community Foundation - Grant to Time Bank Plus
£5,000 29/06/2023
To support a community-based weekly Lunch Club, which offers a nutritious home-cooked meal and a stimulating activity programme to older people in the Twerton area.
Quartet Community Foundation - Grant to Time Bank Plus
£10,000 17/03/2022
8
To undertake a comprehensive organisational review and production of a 5-year strategic plan for Time Bank Plus.
Quartet Community Foundation - Grant to Time Bank Plus
£5,000 02/03/2022
12
To continue providing a successful and much needed community-based Lunch Club in Twerton for a further year.
National Lottery Community Fund - Feelgood Art
£2,445 24/09/2021
Funding will be used to run a series of weekly face-to-face therapeutic art sessions for up to 12 participants led by an experienced art tutor. Many of the target beneficiaries have long term mental ....more
Quartet Community Foundation - Grant to Time Bank Plus
£9,721 10/11/2020
To maintain online groups and continue adapting to the changing situation by expanding a food co-op and hiring larger venue spaces to allow small group sessions to take place.
Quartet Community Foundation - Grant to Time Bank Plus
£4,914 08/04/2020
To enable Time Bank Plus to keep in touch with and support their most vulnerable members during the period of Coronavirus outbreak and lockdown.
Quartet Community Foundation - Healthy Living
£2,940 09/04/2019
14
Toward the cost of running a set of 20 cooking, healthy eating and healthy lifestyle sessions for the benefit of individuals in the Twerton area of Bath.
Quartet Community Foundation - Borrow It (Library of Things)
£3,660 11/12/2018
11
Towards the annual running cost of the group's 'Library of Things/Borrow It' scheme which encourages residents to borrow useful household items rather than buy them.
People's Health Trust - Out to Lunch
£21,322 09/01/2018
This two-year project in Twerton, Bath, delivered a weekly lunch club and activities afternoon for older people and others living nearby, led by a group of volunteers with physical and mental health ....more
Quartet Community Foundation - 'Borrow It' (Library of Things)
£3,145 13/12/2017
11
For the continuation of the "Borrow it" library of things project that provides a bank of practical items that the community can loan.
Quartet Community Foundation - Bake It, Make It
£4,560 08/11/2017
For the Bake It, Make It weekly activity group for older people over the age of 60 living in and around the Twerton area.
Quartet Community Foundation - Bath Library of Things
£4,850 12/12/2016
11
To set up a 'Library' of useful items which can be borrowed by people or community agencies in the Bath area. The primary aim of this project is to conserve resources and reduce waste by sharing the ....more
Quartet Community Foundation - Activities for a Healthy Lifestyle
£3,000 27/10/2016
11
To offer 3 regular ongoing acitvities to local people living in Twerton and surrounding areas, which all help to promote health & well-being.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)
Current Trustees appointed
Gender Split

Age Range of Trustees:
Legal constitution
  • Charitable company registered in England & Wales on 12/06/2012, number: 1147665
  • Registered at Companies House on 06/10/2008, number: 06716502
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Complaints policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
11 returns made; all on time
Main office

Time Bank Plus
86 The Parade
High Street
Twerton
BATH
BA2 1DE

Objectives

TO DEVELOP THE CAPACITY AND SKILLS OF THE MEMBERS OF SOCIALLY AND OR ECONOMICALLY DISADVANTAGED COMMUNITIES OF BATH AND NORTH EAST SOMERSET IN SUCH WAYS THAT THEY ARE BETTER ABLE TO IDENTIFY AND HELP MEET THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY.

Defined Area of Benefit:

BATH AND NORTH EAST SOMERSET

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

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great