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FROME CHEESE & GRAIN LIMITED

Registered charity 1108074 · accounts filings on the Charity Commission register

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Latest income
£1.7m
Latest spending
£1.6m
Registered
2005
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net income of £57,405 for the year ended 31 March 2024, a significant improvement from the previous year's loss. Per the trustees' report, the organization maintains sufficient reserves to continue as a going concern, supported by diversified income streams and successful social enterprise trading.

What the accounts disclose

Reserves policy: 10% of typical turnover or at least £60,000 (held: £-8k)
“The Trustees have adopted a policy of seeking to build a reserve for the charity of 10% of typical turnover or at least £60,000. This is approximately 4 weeks running costs for the charity.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Debt owed by Grain Hospitality Limited to the charity
“Included in debtors is £57,195 (2023: £64,379) due from Grain Hospitality Limited, a wholly-owned subsidiary.” — page 34
“Included in debtors is £30,794 (2023: -£35,474) due from Frome Cheese & Grain Trading Limited, a wholly-owned subsidiary.” — page 34
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Debt owed by Frome Cheese & Grain Trading Limited to the charity
“Included in debtors is £57,195 (2023: £64,379) due from Grain Hospitality Limited, a wholly-owned subsidiary.” — page 34
“Included in debtors is £30,794 (2023: -£35,474) due from Frome Cheese & Grain Trading Limited, a wholly-owned subsidiary.” — page 34
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Frome Cheese & Grain Trading Limited, Grain Hospitality Limited, Grain Events Limited
“The Group financial statements consolidates the results of the charity and its wholly-owned subsidiaries Frome Cheese & Grain Trading Limited, Grain Hospitality Limited and Grain Events Limited” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Moore Scarrott Audit Limited. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Cheese and Grain (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.7m
Total spending
£1.6m
Reserves (reported)
£18k
Employees
37

Reported reserves equal ~0.1 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: Somerset

Income and spending

Financial year endIncomeSpending
31/03/2025£1.7m£1.6m
31/03/2024£1.5m£1.5m
31/03/2023£1.2m£1.3m
31/03/2022£579k£495k
31/03/2021£357k£362k

Common questions

Is FROME CHEESE & GRAIN LIMITED financially healthy?

The accounts state that the charity reported a net income of £57,405 for the year ended 31 March 2024, a significant improvement from the previous year's loss. Per the trustees' report, the organization maintains sufficient reserves to continue as a going concern, supported by diversified income streams and successful social enterprise trading. Its FY2024 accounts were audited by Moore Scarrott Audit Limited.