NORMAN GARON TRUST
Grant making.
Financial health, per its FY2024 accounts
The accounts state that the group held unrestricted reserves of £5,814,687 at year-end, generating a surplus of £257,187. The trustees maintain a reserves policy targeting the greater of 6 months income or 6 months overheads and committed grants to mitigate temporary income loss. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“Reflecting the long term nature of the trustee investment portfolio, the trustees believe that sufficient resources should be retained equivalent to the greater of 6 months income or 6 months overheads and committed grants at any time, to mitigate any temporary loss of income.” — page 4
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- MICHEAL ELWYN HUGHES
- PAUL JUSTIN STENNETT
- PHILIP JOHN TOLHURST
- RICHARD FURLONGER
- Robert Andrew Bye
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £3.7m | £3.3m |
| 31/12/2024 | £3.2m | £2.9m |
| 31/12/2023 | £2.8m | £2.8m |
| 31/12/2022 | £2.8m | £2.5m |
| 31/12/2021 | £2.2m | £1.8m |
Common questions
Is NORMAN GARON TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the group held unrestricted reserves of £5,814,687 at year-end, generating a surplus of £257,187. The trustees maintain a reserves policy targeting the greater of 6 months income or 6 months overheads and committed grants to mitigate temporary income loss. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Edmund Carr LLP.
Who funds NORMAN GARON TRUST?
Funders whose own accounts filings name NORMAN GARON TRUST as a grant recipient include ESSEX COUNTY SCOUT COUNCIL.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ESSEX COUNTY SCOUT COUNCIL | FY2022 | £175k | Donation to Norman Garon Grants Fund (Note 24) |
| ESSEX COUNTY SCOUT COUNCIL | FY2022 | £155k | Donation to Capital Development Fund |
| ESSEX COUNTY SCOUT COUNCIL | FY2022 | £20k | Donation to Norman Garon Grants Fund |
Charities like this
- THE GUNTER CHARITABLE TRUST
- ROYAL ENGINEERS CENTRAL CHARITABLE TRUST
- THE GRANT FOUNDATION
- RATANBEN ZAVERCHAND KARA FOUNDATION
- THE ZOCHONIS CHARITABLE TRUST
- THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NORMAN GARON TRUST | £3.7m | — | 0 | unclear | — | no doubt |
| THE GUNTER CHARITABLE TRUST | £112k | — | 0 | unclear | — | no doubt |
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | £1.5m | — | 0 | unclear | — | no doubt |
| THE GRANT FOUNDATION | £185k | — | 0 | within | — | no doubt |
| RATANBEN ZAVERCHAND KARA FOUNDATION | £162k | — | 0 | above | — | no doubt |
| THE ZOCHONIS CHARITABLE TRUST | £2.3m | — | 0 | above | — | no doubt |