GRAFF FOUNDATION

Registered charity 1012859 · accounts filings on the Charity Commission register

Latest income
£1.7m
Latest spending
£792k
Registered
1992
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £3,103,000, which the trustees consider adequate to meet expenditure requirements and fund charitable objectives. The charity reported a net movement in funds of £904,000 for the year, driven by significant donations from a related party, and maintains a strong cash position with no material uncertainties regarding its ability to continue as a going concern.

What the accounts disclose

Reserves policy: to maintain reserves at a level to enable it to be administered efficiently to meet its expenditure requirements and to have adequate resources to fund its charitable objectives... current reserves policy is to accumulate reserves under this power (held: £3.1m)
It is the policy of the trustees to maintain reserves at a level to enable it to be administered efficiently to meet its expenditure requirements and to have adequate resources to fund its charitable objectives. The level of reserves is currently £3,103k (2023: £2,199k). Under the Trust Deed dated 20 December 1991, the charity has the power to invest its accumulated assets in the purchase, acquisition or improvement of any property if appropriate. Their current reserves policy is to accumulate reserves under this power. However, at this time the certainty of cash and cash deposits is deemed to be the most appropriate investment strategy. The policy is reviewed annually. — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by PricewaterhouseCoopers LLP.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.7m
Total spending
£792k
Cost of raising funds
£15k
Reserves (reported)
£3.1m
Employees
0

Reported reserves equal ~47.0 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.7m£792k
31/12/2023£870k£274k
31/12/2022£106k£1.0m
31/12/2021£744k£1.5m
31/12/2020£186k£1.3m

Common questions

Is GRAFF FOUNDATION financially healthy?

The accounts state that the charity holds unrestricted reserves of £3,103,000, which the trustees consider adequate to meet expenditure requirements and fund charitable objectives. The charity reported a net movement in funds of £904,000 for the year, driven by significant donations from a related party, and maintains a strong cash position with no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by PricewaterhouseCoopers LLP.

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