THE GRIFFIN COMMUNITY TRUST
To provide housing, recreation and leisure for elderly people and students in Tower Hamlets.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £870,233 against a stated requirement to hold £150,000 to cover potential rental income interruptions, indicating a strong financial position. Per the trustees' report, the charity achieved a surplus of £4,322 for the year, with total net assets exceeding £1 million. The directors confirmed that no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Income for the period was £133,355 (2024 - £112,458) and after expenditure and investment gains a surplus resulted of £4,322 (2024 – £44,823 Surplus).” — page 7
“The director’s assessment is that it requires £150,000 to cover expenditure in the event of an interruption to rental income.” — page 8
Property (HM Land Registry)
Trustees
- Dr VERONICA WHITEchair
- Dr AKINKUGBE OLUGBENGA
- Dr Chui Yee Fabia Chan
- Dr Kathryn Alice Price
- JUDITH WALKER Vice Chair
- PROFESSOR BRIAN TREVOR COLVIN
- Riya Raja
- Sophie Arthur
- Stephen Philip Rockhill
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £152k | £148k |
| 30/06/2024 | £179k | £134k |
| 30/06/2023 | £151k | £126k |
| 30/06/2022 | £150k | £150k |
| 30/06/2021 | £120k | £111k |
Common questions
Is THE GRIFFIN COMMUNITY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £870,233 against a stated requirement to hold £150,000 to cover potential rental income interruptions, indicating a strong financial position. Per the trustees' report, the charity achieved a surplus of £4,322 for the year, with total net assets exceeding £1 million. The directors confirmed that no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds THE GRIFFIN COMMUNITY TRUST?
Funders whose own accounts filings name THE GRIFFIN COMMUNITY TRUST as a grant recipient include THE MARIE CELESTE SAMARITAN SOCIETY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MARIE CELESTE SAMARITAN SOCIETY | FY2025 | £15k | Support for RLH patients |
| THE MARIE CELESTE SAMARITAN SOCIETY | FY2024 | £15k | Support for RLH patients |
| THE MARIE CELESTE SAMARITAN SOCIETY | FY2023 | £10k | |
| THE MARIE CELESTE SAMARITAN SOCIETY | FY2022 | £10k | Grants to institutions |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |
| YOUNG CAMDEN FOUNDATION | 1 | £68k |
| CORAM LIFE EDUCATION | 1 | £20k |
| COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION | 1 | £10k |
| JOHNNIE JOHNSON TRUST | 1 | £8k |
| THE MONTAL CHARITABLE TRUST | 1 | £5k |
Charities like this
- HAMPSTEAD COMMUNITY ACTION LIMITED
- VICTORIA PARK HARRIERS AND TOWER HAMLETS AC
- THE HARBORNE PARISH LANDS CHARITY
- Beaconwild Ltd
- THE ABBEYFIELD GREAT MISSENDEN AND DISTRICT SOCIETY
- FOWLER SMITH AND JONES TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE GRIFFIN COMMUNITY TRUST | £152k | — | 0 | unclear | — | no doubt |
| HAMPSTEAD COMMUNITY ACTION LIMITED | £421k | — | 0 | below | — | noted |
| VICTORIA PARK HARRIERS AND TOWER HAMLETS AC | £140k | — | 0 | unclear | — | no doubt |
| THE HARBORNE PARISH LANDS CHARITY | £2.0m | more than £60,000 | 2 | above | — | no doubt |
| Beaconwild Ltd | £2.2m | — | — | unclear | — | no doubt |
| THE ABBEYFIELD GREAT MISSENDEN AND DISTRICT SOCIETY | £355k | — | 0 | unclear | — | no doubt |