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

GRACE FOUNDATION

Registered charity 1103021 · accounts filings on the Charity Commission register

Latest income
£1.7m
Latest spending
£1.8m
Registered
2004
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves increased to £183,061, exceeding the charity's stated target of at least £100,000. However, the charity is primarily dependent on donations from I.M. Group Limited to safeguard its long-term future and meet working capital requirements. The trustees have received assurances from the directors of I.M. Group Limited that contributions will continue in line with the budgeted activity for at least twelve months.

What the accounts disclose

Reserves policy: at least £100,000 (held: £183k)
“The Foundation targets positive unrestricted reserves of at least E100,000.” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The trustees have considered all reasonable risks assouated with the operation of its business model for a period of at least 12 months from the date of signing the accounts. These risks include the potential resurgence of Covid-1 9 pandemic impacting social distancing and 0ie ability of the business to perform its operations in school environments. Risks also include increasing pressures on salaries and the 'cost of living' crisis in the UK.” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Consultancy services provided by Radical Outreach Limited, a company owned and controlled by a family member of Lady Edmiston.
“Radical Outreach Limited is a company owned and controlled by a family member of Lady Edmiston. During the year Radical Outreach Limited provided consultancy services to Grace Foundation and invoiced f27, 572 (2022 - 629, 1 06) in respect of those services. 62,486 remained outstanding at 31 August 2023 (2022- FNil).” — page 20
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Muras Baker Jones Limited.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.7m
Total spending
£1.8m
Reserves (reported)
£211k
Employees
47

Reported reserves equal ~1.4 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/08/2025£1.7m£1.8m
31/08/2024£1.7m£1.5m
31/08/2023£1.3m£1.3m
31/08/2022£893k£889k
31/08/2021£897k£699k

Common questions

Is GRACE FOUNDATION financially healthy?

The accounts state that unrestricted reserves increased to £183,061, exceeding the charity's stated target of at least £100,000. However, the charity is primarily dependent on donations from I.M. Group Limited to safeguard its long-term future and meet working capital requirements. The trustees have received assurances from the directors of I.M. Group Limited that contributions will continue in line with the budgeted activity for at least twelve months. Its FY2023 accounts were audited by Muras Baker Jones Limited.

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 BISHOP RADFORD TRUST1£800

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