Finance Score: 0

Governance Score: -6

Support Score: 4

No PartB

Only 4 Trustees: -1
Narrow trustee age band: -2
Static board: -3

Grant maker support: +4

Overall GiG Score: -2

M3 PROJECT

M3 is a specialist charity that offers a variety of accommodation services to homelessyoung people and families aged 16-25. This accommodation is provided throughout East Lancashire(Rossendale, Burnley, Pendle, Hyndburn and Ribble Valley) and neighbouring areas.

Analysis by Giving is Great

Positives:

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:

There are only 4 trustees
The Board composition appears to be rather static and 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

Established: 11 years
(14 years as a company)

www.rossendalem3.org

info@rossendalem3.org

01706216600

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
30/09/22		£316	£306	£10	n/a	n/a	n/a	n/a	n/a	11
30/09/21		£290	£293	£-3	n/a	n/a	n/a	n/a	n/a	10
30/09/20		£266	£300	£-34	n/a	n/a	n/a	n/a	n/a	15
30/09/19		£292	£291	£1	n/a	n/a	n/a	n/a	n/a	15
30/09/18	*	£303	£315	£-13	£0	£0	£0	n/a	0	12
30/09/17		£271	£252	£19	£0	£0	£0	n/a	0	0
30/09/16		£262	£266	£-4	£0	£0	£0	n/a	0	0
30/09/15		£300	£283	£17	£0	£0	£0	n/a	0	0
30/09/14		£317	£292	£25	£0	£0	£0	n/a	0	0

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Highest pay bracket: less than £60,000

Listed activities

Accommodation/Housing

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Lancashire, Rochdale,

Who it helps

Children/Young People

Who works here?

Unknown number of employees
11 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.

Specific Donations

Amount	When Months	To be used for
Lloyds Bank Foundation - One off gift towards cost of living crisis to M3 Project Ltd
£2,250	14/12/2022	One off gift to support with the cost of living crisis
Lloyds Bank Foundation - Grant to M3 Project Ltd
£96,000	16/07/2019 36	The charity supports homeless young people (individuals and young parents) to end their homelessness and help them move on to independence. The grant funding will contribute to their core costs.
Co-Operative Group - Grant to M3 Project Ltd
£3,601	19/11/2018	Our project will provide useful items for homeless young people who have few belongings when they come to M3.
BBC Children in Need - Grant to M3 Project
£96,266	09/02/2017 36	This grant is funding a support worker and peer mediation to children and young people at risk of homelessness.
Comic Relief - Building Toward the Future
£37,319	30/11/2016 24	M3 Project is a specialist East Lancashire-based charity helping some of the area’s most vulnerable young people with accommodation and support to overcome homelessness. They provide supported ....more M3 Project is a specialist East Lancashire-based charity helping some of the area’s most vulnerable young people with accommodation and support to overcome homelessness. They provide supported lodgings for single young homeless and supported properties for young homeless families. The young people follow a support plan and undertake a programme to develop their independent living skills with the help of support workers. In supported lodgings, community volunteers accommodate young homeless people, thereby linking them back into the community. The grant will pay for the core costs which underpin this support, contributing to the project manager and administrator's salaries and office rent costs.
Lloyds Bank Foundation - Grant to M3 Project Ltd
£31,319	22/11/2016 24	the charity helps & supports vulnerable homeless young people in to safe & supported accommodation ensuring young people have the necessary life skills needed that they can successfully move ....more the charity helps & supports vulnerable homeless young people in to safe & supported accommodation ensuring young people have the necessary life skills needed that they can successfully move on to successful independent living

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

Gender Split

Age Range of Trustees: 42-57

CARL NELSON Appointed: 2013, Occupation: Business Owner

GRAHAM HELM (Chair) Appointed: 2013, Occupation: Director

JOHN COOPER Appointed: 2018, Occupation: Banker

RACHEL WEINHOLD Appointed: 2019, Occupation: Business Owner

Legal constitution

Charitable company registered in England & Wales on 07/10/2013, number: 1154113
Registered at Companies House on 20/09/2009, number: 07024301

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

9 returns made; AR18: 55 days late,

Main office

M3 Project Ltd
St. Johns Court
Bacup Road
ROSSENDALE
BB4 7PA

Objectives

THE RELIEF OF YOUNG PEOPLE BETWEEN THE AGES OF 16 – 25 YEARS OLD IN EAST LANCASHIRE BY THE PROVISION OF ACCOMMODATION, INCLUDING EMERGENCY SUPPORTED LODGINGS, SUPPORTED LODGINGS AND MOVE-ON ACCOMMODATION.

Data Sources