RAY MCGRATH MEMORIAL TRUST

Registered charity 1093700 · accounts filings on the Charity Commission register

Advancing education, relieving poverty and being true to how Ray McGrath lived his life. Funds may be distributed to satisfy the above and/or for scholarships/bursaries for UK residents; for research into matters connected to the sea; and to encourage musical endeavour - particularly jazz and classical traditions (e.g. lieder and church music).

Objects

THE OBJECTS OF THE CHARITY ARE THE ADVANCEMENT OF EDUCATION AND THE RELIEF OF POVERTY GENERALLY AND IN PARTICULAR, BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING BEING TRUE TO THE EXAMPLE RAY MCGRATH SET IN THE WAY HE LIVED HIS LIFE THE TRUSTEES MAY APPLY THE DISTRIBUTABLE FUNDS OF THE TRUST FUND FOR:-1. SCHOLARSHIPS AND BURSARIES FOR UK RESIDENTS2. UNDERTAKING RESEARCH INTO MATTERS CONNECTED TO THE SEA AND TO SEAFARING ISSUES.3. TO ENCOURAGE MUSICAL ENDEAVOUR BE IT JAZZ OR THE CLASSICAL TRADITION SUCH AS "LIEDER" AND CHURCH MUSIC. (PLEASE SEE COPY OF THE MEMORANDUM AND ARTICLES OF ASSOCIATION ON FILE FOR DETAILS).

Area of benefit: NATIONAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · Religious Activities · Grant history (this charity is a funder) · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £4,944,449, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net income increase of £817,089 driven by significant donations, while noting that the prior year's figures were not audited.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Calders (1883) LLP. Discloses 4 of 6 completeness components.

Year-over-year changes

• Reserves position vs the charity's own policy moved from "above" (FY2024) to "within" (FY2025).

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Complaints handling
• Complaints policy and procedures
• 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
• Serious incident reporting policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

Structured financials (annual return, FY ending 05/04/2025)

Per its annual return, cost of raising funds: 2.8% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

• HAYDN CALVIN WOOD · trustee of 1 other charity
• Peter John Scott

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

Operates in: Throughout England And Wales

Income and spending

Common questions

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ROGER RAYMOND CHARITABLE TRUST.

• THE ROGER RAYMOND CHARITABLE TRUST income £586k
• THE RICHARD HARRIS CHARITABLE TRUST income £163k
• SEAEM income £201k
• THE ROAN CHARITABLE TRUST income £192k
• MCGRATH TAYLOR FAMILY CHARITABLE TRUST income £148k
• MOYNITRUST income £164k

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.