THE GREDLEY CHARITABLE TRUST
Organising and financing an annual summer day trip, social outings and a Christmas lunch for the senior citizens of the Newmarket area. Provision of donations to other charities and causes with charitable aims.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased to £1,894,292 from £1,961,563 in the prior year, driven by a net decrease in funds of £67,271. The charity holds an investment property valued at £1,000,000 and has minimal overheads with no staff costs. The trustees confirm the charity is a going concern, noting that charitable expenditure is discretionary and can be amended to align with income levels.
What the accounts disclose
“It is the policy of the charity to finance its expenditure, as it arises, from income. To the extent that income is not fully utilised in any one year, it is carried forward for use in future years.”
“The charity uses the premises of companies controlled by family members of its settlor and trustee, WJ Gredley. In aggregate the companies derive no profit from the provision of these services.” — page 4
“Interest of £3,190 (2024: £3,190) was receivable on the bank balance held by Unex Holdings Limited, a related company by virtue of a director being a trustee, on behalf of the Charity. At 31 March 2025 £367,505 (2024: £364,315) was due from the company and this is included in debtors.” — page 17
“The charity uses the premises of companies controlled by family members of its settlor and trustee, WJ Gredley. In aggregate the companies derive no profit from the provision of these services.” — page 4
“Interest of £3,190 (2024: £3,190) was receivable on the bank balance held by Unex Holdings Limited, a related company by virtue of a director being a trustee, on behalf of the Charity. At 31 March 2025 £367,505 (2024: £364,315) was due from the company and this is included in debtors.” — page 17
“The charity uses the premises of companies controlled by family members of its settlor and trustee, WJ Gredley. In aggregate the companies derive no profit from the provision of these services.” — page 4
“Interest of £3,190 (2024: £3,190) was receivable on the bank balance held by Unex Holdings Limited, a related company by virtue of a director being a trustee, on behalf of the Charity. At 31 March 2025 £367,505 (2024: £364,315) was due from the company and this is included in debtors.” — page 17
“The charity uses the premises of companies controlled by family members of its settlor and trustee, WJ Gredley. In aggregate the companies derive no profit from the provision of these services.” — page 4
“Interest of £3,190 (2024: £3,190) was receivable on the bank balance held by Unex Holdings Limited, a related company by virtue of a director being a trustee, on behalf of the Charity. At 31 March 2025 £367,505 (2024: £364,315) was due from the company and this is included in debtors.” — page 17
“The charity owns the whole of the issued ordinary share capital of Oftenfact Limited, a company registered in England. The subsidiary company is an investment holding company.” — page 16
Trustees
- MARGARET SHEILA BUTCHERchair
- JEREMY VINCENT GREDLEY
- POLLYANNA GEORGINA GREDLEY
- SARAH MARGARET PORTER
- TIMOTHY CASEY OSCAR GREDLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £39k | £106k |
| 31/03/2024 | £79k | £98k |
| 31/03/2023 | £58k | £117k |
| 31/03/2022 | £114k | £65k |
| 31/03/2021 | £114k | £22k |
Common questions
Is THE GREDLEY CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased to £1,894,292 from £1,961,563 in the prior year, driven by a net decrease in funds of £67,271. The charity holds an investment property valued at £1,000,000 and has minimal overheads with no staff costs. The trustees confirm the charity is a going concern, noting that charitable expenditure is discretionary and can be amended to align with income levels. Its FY2025 accounts were independently examined.