At Work: Finance and IT - The numbers - Working Families

Patrick McCurry

Formed from the merger of Parents at Work and New Ways to Work, Working Families campaigns for a better work-life balance.

Total income: £608,000 for the year ending 30 September 2005, up from £606,000 in 2004. These figures include net trading income, and the 2004 figures are for a period of 18 months.

Highest salary: No employee was paid more than £50,000.

Reserves policy: The charity aims to have three months' worth of general spending in reserve, although it says this is very hard to achieve on its current levels of turnover.

At the end of the last financial year, unrestricted reserves stood at £49,000, equivalent to seven weeks' worth of spending.

Fundraising costs: The charity spent £72,000 on fundraising and income was £432,000. This gives it a ratio of 17p in the pound, lower than the previous year's 21p.

How performance is communicated: The website, www.workingfamilies.org.uk, contains a lot about the charity's work and its activities, but not much about the charity itself, its performance or strategy. There is a bit more information in the annual review, which is available on the website, and more detail in the trustees' report and accounts. The trustees' report does refer to a 'growth strategy' that will see the charity double in size within five years, but there don't seem to be any more details.

The charity says: "We want to build longer-term income streams to create stability for the charity. Our growth strategy aims to double the size and turnover of the charity over a five-year period. Investment in fundraising has been identified as the first stage - a new head of fundraising was appointed in December 2005 with a brief to build on existing donor and corporate relationships. We've invested time in strengthening our financial management, and an experienced charity financial director was appointed to the board as treasurer."

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