Finance Score: -1
Governance Score: 5
Support Score: 6
  • Volatile income
  • spending growth: -1
  • No PartB
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Grant maker support: +6
Overall GiG Score: 10 ?

COVE PARK 

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
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 13 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • There has been a change of accounting period recently, so trends may be hard to determine
  • Income has been volatile recently but spending has been maintained
Established: 32 years
Scottish Charity RegulatorCompanies House
UN SDGs
?
Financial Data
Income & Spending ?
Data adjusted to reflect year end change
Period ending 31/12/17 31/12/18 31/12/19 31/03/21 31/03/22 31/03/23
Charitable activities £346,884 £69,506 £25,676 £105,350
Donations & Legacies £1,059,716 £823,179 £406,121 £604,498
Other Income
Investment Income £172 £3,987 £5,342 £4,603
Total income £254,519 £1,407,496 £896,672 £437,139 £611,697 £714,451
Charitable activities spending £493,108 £746,911 £367,185 £680,880
Fundraising costs
Other spending £52,387 £33,248 £64,060
Total spending £301,673 £545,495 £780,159 £431,245 £613,871 £680,880
Surplus/deficit -£47,154 £862,001 £116,513 £5,894 -£2,174 £33,571
Listed activities
  • It carries out activities or services itself
Purposes
  • The advancement of education
  • The advancement of the arts, heritage, culture or science
  • The advancement of environmental protection or improvement
Where it operates
  • UK and overseas, main operating location: Argyll And Bute
Who it helps
  • Other defined groups
  • No specific group, or for the benefit of the community

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
Paul Hamlyn Foundation£29,000
Garfield Weston Foundation£10,000
Foundation Scotland£4,504
Specific Donations
Amount When
Months
To be used for
Foundation Scotland - Grant to Cove Park
£4,504 08/03/2021
To fund the provision of computer hardware and software, enabling the organisation to continue their adapted response to COVID-19.
Paul Hamlyn Foundation - COVID19 Emergency Funding
£29,000 01/07/2020
12
Support to aid the organisation in dealing with the challenges posed by COVID19.
Garfield Weston Foundation - Main Grants award
£10,000 15/10/2019
Cove Park: An Application Towards the Organisation's Core Costs
Co-Operative Group - Grant to Cove Park
£4,190 19/11/2018
We're providing creative workshops for older people. Money will be spent on freelance artist fees, materials, refreshments and transport.
Paul Hamlyn Foundation - Hands On Cove Park: Outreach and on site
£60,000 16/07/2018
24
International artist residency Cove Park will test a community outreach programme featuring off-site creative taster sessions delivered in and with community partner venues alongside an extended ....more
Robertson Trust - The costs of the Hands On Programme
£15,000 13/12/2017
The costs of the Hands On Programme
National Lottery Heritage Fund - Grant to Cove Park
£3,900 22/06/2017
A heritage project celebrating the 50th anniversary of Rosneath Primary School in Argyll & Bute
Paul Hamlyn Foundation - Hands-On Cove Park
£60,000 17/11/2015
24
Based on Argyll and Bute, Cove Park hosts residencies for nationally and internationally acclaimed artists in all disciplines. They will develop a new year-round programme, Hands-On, offering arts ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Directors (13)
Current Directors appointed

Age Range of Directors: 35-81
  • LATZKY, Eric
    Appointed: 2023
    Occupation: Communications / Public Relations Consultant
Legal constitution
  • Charity registered in Scotland on 01/01/1992, number: SC029530
  • Registered at Companies House on 26/10/1999, number: SC201042
Filing Record
5 returns made; all on time
Main office

Peaton Hill, Cove, Argyll & Bute, G84 0PE

Objectives

The advancement of education. The advancement of arts, heritage, culture or science. The advancement of environmental protection and improvement.

Data Sources

Scottish Charity Regulator
360 Giving
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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