THE GURNEY CHARITABLE TRUST
The charity provides public benefit by making donations to charitable institutions or charitable organisations selected by the trustees mainly in Sussex, Gloucestershire, Buckinghamshire and the northern area of the Lake District.
Objects
THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL FOR OR TOWARDS SUCH CHARITABLE PURPOSES AND TO MAKE DONATIONS TO SUCH CHARITABLE INSTITUTION OR INSTITUTIONS AT SUCH TIME OR TIMES AND IN SUCH A MANNER AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT PROVIDED THAT THE TRUSTEES MAY AT THEIR ABSOLUTE DISCRETION FOR THE PERIOD OF TWENTY-ONE YEARS FROM THE DATE OF THIS DEED INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME AT COMPOUND INTEREST BY INVESTING THE SAME AND THE RESULTING INCOME IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CHARITY WITHOUT PREJUDICE TO THEIR RIGHT TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE CHARITY ARISING IN THE THEN CURRENT YEAR
Financial health, per its FY2025 accounts
The accounts state that net assets decreased to £1,576,644 due to an unrealised investment loss of £86,864, despite a net inflow of resources before investment returns. The trustees confirm that all funds remain unrestricted and that the going concern basis of preparation remains appropriate for at least the next twelve months.
What the accounts disclose
“The charity holds adequate reserves in order to ensure that it can meet its objectives to make grants and donations to charitable institutions or other institutions on a long-term basis. The levels of reserves held to fulfil this policy are determined by the trustees on an ongoing basis.” — page 4
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee expenses policy and procedures
Trustees
- Dr MICHAEL JAMES TYSON GURNEYchair
- ADRIAN MICHAEL GURNEY
- MARGARET GURNEY
- Mathew George Gibson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £74k | £44k |
| 05/04/2024 | £89k | £83k |
| 05/04/2023 | £124k | £13k |
| 05/04/2022 | £18k | £174k |
| 05/04/2021 | £44k | £22k |
Common questions
Is THE GURNEY CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that net assets decreased to £1,576,644 due to an unrealised investment loss of £86,864, despite a net inflow of resources before investment returns. The trustees confirm that all funds remain unrestricted and that the going concern basis of preparation remains appropriate for at least the next twelve months. Its FY2025 accounts were independently examined.