THE GARRICK CHARITABLE TRUST
The Charity focuses on the encouragement of theatre, music, literature and dance.
Objects
THE TRUSTEES SHALL HOLD THE TRUST FUND UPON TRUST TO APPLY THE INCOME FOR OR TOWARDS SUCH CHARITABLE PURPOSES AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION DECIDE PROVIDE THAT THE TRUSTEES SHALL ALSO HAVE POWER IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME TO APPLY THE WHOLE OR ANY PART OR PARTS OF THE CAPITAL OF THE TRUST FUND FOR SUCH CHARITABLE PURPOSES. (ALSO SEE CLAUSES 4.2 & 4.3)
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £8,472,967, exceeding the trustees' policy target of retaining the real value of the original £4 million capital sum. The charity reported a net income of £712,208 and maintained a healthy liquidity position with sufficient investment portfolios to meet immediate cash flow requirements for future grant making.
What the accounts disclose
“The Trustees’ policy is that the Charity should retain the real value of its original capital sum of £4 million to fund charitable grants from the total return achieved.” — page 13
“£1,350 (2024: £1,350) was received in aggregate via donations from the Trustees and other linked charities in the year. There were no other related party transactions in the current or preceding accounting period.” — page 26
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
Trustees
- GARETH NEAME OBE, DLchair
- DAVE MURPHY
- David Whelton OBE
- JOHN RICHARD FRANCIS COLDSTREAM
- JOSEPH HENRY LEWIN SEELIG OBE
- NIGEL WOOLNER MBE RIBA
- SIR. ROBERT W CHOTE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £63k | £343k |
| 31/12/2024 | £39k | £328k |
| 31/12/2023 | £77k | £285k |
| 31/12/2022 | £25k | £281k |
| 31/12/2021 | £22k | £234k |
Common questions
Is THE GARRICK CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £8,472,967, exceeding the trustees' policy target of retaining the real value of the original £4 million capital sum. The charity reported a net income of £712,208 and maintained a healthy liquidity position with sufficient investment portfolios to meet immediate cash flow requirements for future grant making. Its FY2025 accounts were audited by HaysMac LLP.