Focus: Finance and Governance - The Numbers - National Deaf Children's Society

Patrick McCurry

The NDCS provides emotional and practical support to deaf children and their families through a helpline and a network of family support workers.

Total income £10.4m for the year ending 31 March 2005, down from £11.6m in 2004.

Highest salary One employee earned between £70,000 and £80,000.

Reserves policy The charity aims to hold unrestricted reserves of three to six months' spending on recurring work. At the end of the last financial year, reserves stood at £2.7m, equivalent to between three and four months' unrestricted spending.

Fundraising costs The charity raised £9.5m in voluntary income and its fundraising costs were £5.4m. This gave it a fundraising ratio of 56p in the pound, lower than the previous year's ratio of 58 per cent.

How performance is communicated The annual review gives a good overview of the charity's work, but there is no comment about what appears to be a very high fundraising ratio - more than half of the charity's income is being spent in this area.

There is an explanation in the more formal report and financial statements, in which the charity explains that, although there has been high initial investment in fundraising, it is now on a downward curve. The charity's performance and aims are listed on the website, www.ndcs.org.uk, but some of it seems out of date and it's not very well signposted. The annual report and annual review are also online.

The charity says: "The five years since 2000 have seen rapid growth, with our overall income rising from £3.9m to £10.4m as a direct result of our strategy of diversifying and growing our fundraised income streams. The fall in income compared with the previous year was due to a number of restricted grants coming to the end of their funding and a fall in legacy income."

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners

Markel

Expert Hub

Insurance advice from Markel

Guide: What insurance does your charity need?

Guide: What insurance does your charity need?

Partner Content: Presented By Markel

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now