THE GARRICK CHARITABLE TRUST
The Charity focuses on the encouragement of theatre, music, literature and dance.
Financial health, per its FY2024 accounts
The accounts state that the Charity holds unrestricted reserves of £7,785,759, which exceeds its stated policy target of retaining the real value of its original capital sum of £4 million. The Trustees report that systems are established to minimize risks, with the principal risk being a reduction in asset value, and confirm that no grant recipient is dependent wholly on the Charity's support.
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.”
“£1,350 (2023: £350) was received in aggregate via donations from the Trustees and other linked charities in the year. There are no other related party transactions in the current or preceding accounting period.” — page 12
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 |
|---|---|---|
| 31/12/2024 | £39k | £328k |
| 31/12/2023 | £77k | £285k |
| 31/12/2022 | £25k | £281k |
| 31/12/2021 | £22k | £234k |
| 31/12/2020 | £39k | £233k |
Common questions
Is THE GARRICK CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the Charity holds unrestricted reserves of £7,785,759, which exceeds its stated policy target of retaining the real value of its original capital sum of £4 million. The Trustees report that systems are established to minimize risks, with the principal risk being a reduction in asset value, and confirm that no grant recipient is dependent wholly on the Charity's support. Its FY2024 accounts were audited by HaysMac LLP.