THE267PROJECT
the2:67project has been set up to provide six key areas of service. These are advice, support, encouragement, networking, resources and training in all areas of youth and children's work across the St Albans area.
Objects
TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THE SCHEDULE HERETO PARTICULARLY BUT NOT EXCLUSIVELY IN THE AREA OF YOUTH AND CHILDREN'S WORK IN ST. ALBANS AND THE SURROUNDING AREA AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE TRUST.
Financial health, per its FY2024 accounts
The accounts state that total income was £159,360 against total expenditure of £150,060, resulting in a net surplus of £9,300 for the year. The trustees report that the charity aims to maintain a minimum bank balance of £9,000, calculated to cover one month of staff costs and quarterly liabilities, and the year-end cash position exceeded this target.
What the accounts disclose
“Donations and grants (includes churches and individuals) £101.3k”
“267 aims for a minimum bank balance at all times of £9,000. The calculation of this reserve is based on an expected ability to meet one month's staff costs, worst case timing of the quarterly liability to HMRC, coverage of a quarter of contracted overheads (eg rent, insurance) offset by assumed unclaimed gift aid of one quarter.” — page 9
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events 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
- Social media policy and procedures
- Volunteer management
Trustees
- Alan MacKinnon
- Claire Oliver
- Hannah Churchill
- NIGEL PAUL BRETTON
- Robert McNerney
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £159k | £150k |
| 31/12/2023 | £152k | £144k |
| 31/12/2022 | £125k | £143k |
| 31/12/2021 | £147k | £138k |
| 31/12/2020 | £123k | £134k |
Common questions
Is THE267PROJECT financially healthy?
Per its FY2024 accounts: The accounts state that total income was £159,360 against total expenditure of £150,060, resulting in a net surplus of £9,300 for the year. The trustees report that the charity aims to maintain a minimum bank balance of £9,000, calculated to cover one month of staff costs and quarterly liabilities, and the year-end cash position exceeded this target. Its FY2024 accounts were independently examined.
Who funds THE267PROJECT?
Funders whose own accounts filings name THE267PROJECT as a grant recipient include THE MAURICE AND HILDA LAING CHARITABLE TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, ST ALBANS, DAGNALL STREET BAPTIST CHURCH ST ALBANS.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MAURICE AND HILDA LAING CHARITABLE TRUST | FY2024 | £5k | Children & Young People |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, ST ALBANS | FY2023 | £750 | Youth and children's work support |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, ST ALBANS | FY2022 | £750 | Support for youth and children's work in churches |
| DAGNALL STREET BAPTIST CHURCH ST ALBANS | FY2024 | £350 | Local Mission |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 13/12/2018 | £2k | Youth Work Games Box |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHAREDIMPACT | 1 | — |
| WILLIAM ADLINGTON CADBURY CHARITABLE TRUST | 1 | £186k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £150k |
| THE BLOOM FOUNDATION | 1 | £80k |
| The Renegade Foundation | 1 | £50k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £44k |
| THE HAMPSTEAD WELLS AND CAMPDEN TRUST | 1 | £32k |
| THE EQUINOXE TRUST | 1 | £30k |
Charities like this
- COLCHESTER KORBAN PROJECT
- THE WINCHESTER PROJECT
- THE YOUTH NET
- ST ALBANS COMMUNITY ASSOCIATION
- THE SPRINGFIELD PROJECT
- ST ALBANS DISTRICT SCOUT COUNCIL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE267PROJECT | £159k | — | 0 | unclear | — | no doubt |
| COLCHESTER KORBAN PROJECT | £137k | — | 0 | above | — | no doubt |
| THE WINCHESTER PROJECT | £1.2m | — | — | unclear | — | no doubt |
| THE YOUTH NET | £157k | — | 0 | unclear | — | no doubt |
| ST ALBANS COMMUNITY ASSOCIATION | £1.1m | — | 0 | unclear | — | no doubt |
| THE SPRINGFIELD PROJECT | £1.7m | — | 0 | unclear | — | no doubt |