Finance Score: 0

Governance Score: -9

Support Score: 7

Low unrestricted reserves: -2
Spending falling: -1
Fundraising costs low: +3

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

Grant maker support: +7

Overall GiG Score: -2

RAGGED SCHOOL MUSEUM TRUST

The Ragged School Museum offers visitors and school groups a chance to learn about the social history of and Victorian education in the east end of London.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

There are only 4 trustees
The Board is completely male
The Board composition appears to be rather static and has little diversity in terms of age

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end
Spending has fallen significantly over the last 5 years relative to the previous period

Established: 35 years

www.raggedschoolmuseum.org.uk

pauline@raggedschoolmuseum.org.uk

02089806405

Charity Commission for England and Wales

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		£2,278	£158	£2,120	£42	£4,581	£27	2	2	0
31/03/22		£2,167	£105	£2,061	£22	£2,462	£50	5.8	2	0
31/03/21		£348	£127	£221	n/a	n/a	n/a	n/a	n/a	0
31/03/20		£235	£225	£10	n/a	n/a	n/a	n/a	n/a	75
31/03/19		£339	£315	£24	n/a	n/a	n/a	n/a	n/a	15
31/03/18		£311	£316	£-4	£0	£0	£0	n/a	0	0
31/03/17		£151	£155	£-4	£0	£0	£0	n/a	0	0
31/03/16		£150	£146	£3	£0	£0	£0	n/a	0	0
31/03/15		£168	£157	£12	£0	£0	£0	n/a	0	0
31/03/14		£161	£176	£-15	£0	£0	£0	n/a	0	0
31/03/13		£199	£203	£-4	£0	£0	£0	n/a	0	0
31/03/12		£171	£173	£-2	£0	£0	£0	n/a	0	0
31/03/11		£176	£176	£0	£0	£0	£0	n/a	0	0
31/03/10		£177	£177	£0	£0	£0	£0	n/a	0	0
31/03/09		£180	£186	£-6	£0	£0	£0	n/a	0	0
31/03/08		£172	£191	£-19	£0	£0	£0	n/a	0	0
31/03/07		£193	£196	£-3	£0	£0	£0	n/a	0	0
31/03/06	*	£232	£213	£19	£0	£0	£0	n/a	0	0
31/03/05		£203	£255	£-52	£0	£0	£0	n/a	0	0
31/03/04		£228	£235	£-7	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 1.8%
Fundraising Costs/Total Spending: 26.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 1%
Reserves/Spending: 2 months
Net Current Assets/Spending: 17 months
Quick Ratio: 3.7

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Education/Training
Environment/Conservation/Heritage

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services

Where it operates

Essex, Kent, Throughout London,

Who it helps

Children/Young People
Elderly/Old People
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who works here?

2 employees

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

Garfield Weston Foundation	£100,000
The Foyle Foundation	£50,000
National Lottery Heritage Fund	£34,000
The Pilgrim Trust	£30,000

Specific Donations

Amount	When Months	To be used for
Garfield Weston Foundation - Major Grants award
£100,000	14/05/2021	From Warehouse to Schoolhouse
National Lottery Heritage Fund - Grant to Ragged School Museum Trust
£34,000	11/08/2020	COVID19: Ragged School Museum Trust
The Pilgrim Trust - Grant to Ragged School Museum Trust
£30,000	05/06/2020 13	Ragged School, Ragged Children the struggle for free universal education.
The Foyle Foundation - Learning
£50,000	04/02/2020	as additional funding towards the Ragged School Museum capital project
The Childhood Trust - Summer Give 2019
£2,500	17/06/2019	Family Learning impacts the standards children achieve. The Ragged School is a small family-friendly museum with decades of creating engaging, fun learning activities in an authentic Victorian ....more Family Learning impacts the standards children achieve. The Ragged School is a small family-friendly museum with decades of creating engaging, fun learning activities in an authentic Victorian school. The building is a great learning experience inviting visitors to uncover its fascinating history.
City Bridge Trust - Grant to Ragged School Museum Trust
£100,000	07/09/2018	£100,000 towards the costs of installing a lift in the refurbished site to ensure full disabled access.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

Gender Split

Age Range of Trustees: 52-61

MAGNUS VON WISTINGHAUSEN Appointed: 2012, Occupation: Deputy Director, City & Guilds Of London Art Schoo, Other trusteeship: THE ELISABETH HENDERSON FOUNDATION,

PROFESSOR ALASTAIR OWENS Appointed: 2016, Occupation: University Professor

ROBERT JOHN MOYE Appointed: 2012, Occupation: Deputy Director

SIMON LOUIS BAZALGETTE Appointed: 2017, Occupation: Company Director

Legal constitution

Charitable company registered in England & Wales on 14/12/1988, number: 800538
Registered at Companies House on 25/10/1988, number: 02308621

Gift Aid

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
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; AR06: 2 days late,

Main office

46-50 COPPERFIELD ROAD
LONDON
E3 4RR

Objectives

TO PROVIDE FOR THE ADVANCEMENT OF PUBLIC EDUCATION BY THE PROVISION OF A MUSEUM.

Defined Area of Benefit:

EAST END OF LONDON AND LONDON BOROUGH OF TOWER HAMLETS

Data Sources