IVY STREET FAMILY CENTRE TRUST
Ivy Street Family Centre provides services to pre-school children and their families/carers, including term-time drop-in sessions as well as support for expectant mothers in need.
Objects
The objects of the charity ('the Objects') are such charitable purposes for the public benefit (according to the law of England and Wales) as the charity trustees see fit from time to time and which are in accordance with the Christian roots and ethos of the charity including in particular, but not exclusively:a. the advancement of the education of children and families, in Haxton, the London Borough of Hackney and surrounding areas, through providing or assisting in the provision of facilities for activities in which the children , parents and carers can participate together;b. the promotion of social welfare, social cohesion and social capital, through the provision of recreational and community facilities for the families and residents of Haxton, the London Borough of Hackney and surrounding areas so that their conditions of life may be improved; andc. the relief of poverty amongst families in Haxton and the London Borough of Hackney and surrounding areas, in such ways as the trustees from time-to-time think fit.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased from £108,782 to £74,854, resulting in a net movement in funds of £(33,928). The trustees aim to maintain reserves equivalent to three months' operating expenses, which equated to a target of £21,000, a level the charity exceeded with its year-end cash funds of £74,854. The filing notes that the accounts do not present a 'true and fair' view due to being prepared on a receipts and payments basis.
What the accounts disclose
“The trustees aim to maintain reserves equivalent to three months’ operating expenses. This equated throughout the year to a cash reserve of £21,000.” — page 4
“Angela Large, spouse of Andrew Large a Trustee, was employed as Director of Services to provide executive oversight for the Ivy Street Family Centre during the year receiving a gross salary of £13,649 (2023: £13,649)” — page 9
“During the year the charity: a) received donations totalling £1,007 (2023: £132,926) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).”
“Angela Large, spouse of Andrew Large a Trustee, was employed as Director of Services to provide executive oversight for the Ivy Street Family Centre during the year receiving a gross salary of £13,649 (2023: £13,649)” — page 9
“During the year the charity: a) received donations totalling £1,007 (2023: £132,926) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).”
“Angela Large, spouse of Andrew Large a Trustee, was employed as Director of Services to provide executive oversight for the Ivy Street Family Centre during the year receiving a gross salary of £13,649 (2023: £13,649)” — page 9
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Volunteer management
Trustees
- RITZ STEYTLERchair
- Andrew Sydney Large
- Bethan Lisa Mitchell
- Fiona Abrams
- ROBERT ADAM BYK
- Sarah McMurtrie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £106k | £195k |
| 31/12/2023 | £235k | £86k |
| 31/12/2022 | £203k | £70k |
| 31/12/2021 | £126k | £92k |
| 31/12/2020 | £63k | £65k |
Common questions
Is IVY STREET FAMILY CENTRE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves decreased from £108,782 to £74,854, resulting in a net movement in funds of £(33,928). The trustees aim to maintain reserves equivalent to three months' operating expenses, which equated to a target of £21,000, a level the charity exceeded with its year-end cash funds of £74,854. The filing notes that the accounts do not present a 'true and fair' view due to being prepared on a receipts and payments basis. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| London Borough of Hackney | 04/01/2025 | £15k | Grant to Ivy Street Family Centre Trust |
| Hackney Council | 04/01/2025 | £15k | Grant to Ivy Street Family Centre Trust |
| London Borough of Hackney | 28/03/2022 | £58k | Grant to Ivy Street Family Centre Trust |
| Hackney Council | 28/03/2022 | £20k | Grant to Ivy Street Family Centre Trust |
| The National Lottery Community Fund | 07/03/2013 | £6k | Ivy Street Family Centre Community Audit |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NOTGROVE TRUST | 1 | £61k |
| BARNWOOD TRUST | 1 | £25k |
| THE CLOVER TRUST | 1 | £14k |
| THE GORDON GRAY TRUST | 1 | £8k |
| THE BARBARA WARD CHILDREN'S FOUNDATION | 1 | £8k |
| THE TRUEMARK TRUST | 1 | £7k |
| NEWBY TRUST LIMITED | 1 | £5k |
| THE TULA TRUST LIMITED | 1 | £5k |
Charities like this
- FIVE CHILDREN AND FAMILIES TRUST LTD
- CHARMINSTER PRE-SCHOOL
- WEST STREET PRE-SCHOOL
- SOUTH STREET PRE-SCHOOL
- THE FAMILY HAVEN
- OUR LADY'S FIRST STEPS PRE-SCHOOL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| IVY STREET FAMILY CENTRE TRUST | £106k | — | 0 | unclear | — | no doubt |
| FIVE CHILDREN AND FAMILIES TRUST LTD | £2.3m | — | 0 | below | — | no doubt |
| CHARMINSTER PRE-SCHOOL | £189k | — | 0 | unclear | — | no doubt |
| WEST STREET PRE-SCHOOL | £108k | — | 0 | unclear | — | no doubt |
| SOUTH STREET PRE-SCHOOL | £141k | — | 0 | unclear | — | no doubt |
| THE FAMILY HAVEN | £268k | — | 0 | below | — | no doubt |