Charity Accounts Intelreading the accounts so you don’t have to

THE GOLSONCOTT FOUNDATION

Registered charity 1070885 · accounts filings on the Charity Commission register

Latest income
£109k
Latest spending
£123k
Registered
1998
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the foundation held unrestricted reserves of £212,306 against total net assets of £2,742,877. The trustees report a policy to maintain a cash balance of approximately £55,000 to allow grant-making activities to continue for six months. The filing notes a net gain of £88,034 for the year, driven by investment income and capital growth.

What the accounts disclose

Reserves policy: six months of unrestricted expenditure (held: £212k)
“An interest-bearing cash balance approximating to a K55, 000 is held in the current account. All grants and expenses are paid from this account, which also amounts to a reserve; thus allowing the foundation to continue its grant-making activities for six months even if a major redeployrnent of its capital were required with a resultant delay of income distribution.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Marian Consort
“Rory McCleery is also the Director of the Marian Consort, which received a grant of 61000 towards the recording of The Dunkeld Partbooks.” — page 11
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Trustees

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/06/2025£109k£123k
30/06/2024£111k£108k
30/06/2023£103k£99k
30/06/2022£87k£104k
30/06/2021£80k£75k

Common questions

Is THE GOLSONCOTT FOUNDATION financially healthy?

The accounts state that the foundation held unrestricted reserves of £212,306 against total net assets of £2,742,877. The trustees report a policy to maintain a cash balance of approximately £55,000 to allow grant-making activities to continue for six months. The filing notes a net gain of £88,034 for the year, driven by investment income and capital growth. Its FY2023 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE INTERNATIONAL GOLF CHARITY1£172k
THE GREG & ROSIE LOCK CHARITABLE FOUNDATION TRUST1£50k
THE GERALD MICKLEM CHARITABLE TRUST1£41k
MANCHESTER CITY GALLERIES TRUST1£36k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE FREELANDS FOUNDATION LIMITED.