Focus: Finance and Governance - The Numbers - Boys and Girls Welfare Society

Patrick McCurry

BGWS runs social care services, such as children's homes, and specialist education services. It is the largest voluntary provider of services to young people in the north of England.

Total income £18.3m for the year ending 31 March 2004, up from £15.7m in 2003.

Highest salary Andrew Haines, the charity's chief executive, was paid between £110,000 and £120,000.

Reserves policy The charity has free reserves of two to three months' worth of unrestricted spending.

Fundraising costs BGWS gets 98 per cent of its income from contracts, but it invested £66,000 in fundraising and PR. This raised £130,000, giving it a fundraising ratio of 50p in the pound.

Pension A final-salary scheme, which was closed to new entrants in 2000, was in deficit by £0.9m under the FRS17 accounting standard.

How performance is communicated The trustees' report is accessible and free from jargon. Graphics are used to communicate financial information and some performance data. However, there is little on specific targets for the year or on the impact of the charity's work. The website, www.bgws.org.uk, describes the charity's work in detail but carries little information on performance.

The charity says "Our income increased by 16 per cent, continuing the trend of recent years and retaining the position of BGWS among the largest 250 charities in the UK.

"Our objectives include positioning the charity to respond to the significant structural changes within the commissioning environment. We aim to continue developing in the north west, but also remain open to opportunities in north Wales and other regions in the north. To improve services, we have committed ourselves to the European Foundation of Quality Management system."

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