GLC CHARITABLE TRUST

Registered charity 1120766 · accounts filings on the Charity Commission register

The Charity generally supports projects in the fields of health, welfare, education and the arts. The trustees do not accept unsolicited requests for funds.

Objects

3.1) THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST AS TO THE INCOME, AND ALL OR SUCH PART OF PARTS OF THE CAPITAL, AS THE FOUNDER MAY BY NOTICE IN WRITING TO THE TRUSTEES DETERMINE, FOR OR TOWARDS SUCH CHARITABLE PURPOSE, AND TO MAKE DONATIONS TO SUCH CHARITABLE INSTITUTION OR INSTRUCTIONS, AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE FOUNDER MAY FROM TIME TO TIME BY A LIKE NOTICE DIRECT. WHERE THE FOUNDER HAS NOT, BY 5 APRIL IN THE INCOME TAX YEAR FOLLOWING THAT IN WHICH THE INCOME ARISES, GIVEN A DISCRETION WHICH FULLY DISPOSE OF THE INCOME, THEN SUCH INCOME SHALL BE DISPOSED OF IN ACCORDANCE WITH SUB-CLAUSE 3.2.3.2) SUBJECT TO, AND IN DEFAULT OF ANY DIRECTION UNDER SUB-CLAUSE 3.1, AND INSOFAR AS ANY SUCH DIRECTION IS NOT EXHAUSTIVE, THE TRUSTEES SHALL APPLY THE INCOME FOR OR TOWARDS SUCH CHARITABLE PURPOSES AND SHALL MAKE DONATIONS TO SUCH CHARITABLE INSTITUTIONS, AT SUCH TIMES AND IN SUCH MANNER, AS THE TRUSTEES SHALL IN THEIR DISCRETION THINK FIT. THE TRUSTEES MAY, IN THEIR DISCRETION, FOR THE PERIOD OF 21 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 BY INVESTING THE SAME AND THE RESULTING INCOME IN ANY INVESTMENTS AUTHORISED BY THIS DEED OR BY LAW AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CHARITY, WITHOUT PREJUDICE TO THE RIGHT OF THE TRUSTEES 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.

Area of benefit: NOT DEFINED. IN PRACTICE, NATIONAL AND OVERSEAS

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 · Arts/culture/heritage/science · Grant history (this charity is a funder) · Get email alerts

Registered contact address: Kensington and Chelsea, London, England (from the postcode on the register)

Latest income
£220k
Latest spending
£82k
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves fell significantly to £276,536 due to a £1.16 million impairment loss on a loan to Silver Street Private Equity Strategies SICAR, which entered insolvency. Despite this large loss, the trustees consider the remaining funds sufficient to cover management and administration costs for the forthcoming year.

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

What the accounts disclose

Largest income source: Investment income (75% of income)
“Income comprises investment income of £47,595” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: sufficient to cover the management and administration costs for the forthcoming year (reserves figure: £277k)
“The trustees have reviewed the unrestricted reserves of the Charity and consider that these funds are sufficient to cover the management and administration costs for the forthcoming year.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

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.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 05/04/2025

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 05/04/2024

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 05/04/2023

  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Annual return filing dates (Charity Commission record)

Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 05/04/2025 (received 15/05/2026, 99 days after the 05/02/2026 due date).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. Source: this charity’s annual returns on the Charity Commission register.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
05/04/2025£220k£82k
05/04/2024£211k£130k
05/04/2023£187k£62k
05/04/2022£146k£23k
05/04/2021£58k£26k

Common questions

Is GLC CHARITABLE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves fell significantly to £276,536 due to a £1.16 million impairment loss on a loan to Silver Street Private Equity Strategies SICAR, which entered insolvency. Despite this large loss, the trustees consider the remaining funds sufficient to cover management and administration costs for the forthcoming year. Its FY2025 accounts were independently examined.

Charities like this

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

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
GLC CHARITABLE TRUST£220k—0above—no doubt
HINCHLEY CHARITABLE TRUST FY2025£106k—0below—no doubt
G L TILLOTSON CHARITABLE TRUST FY2025£26k—0unclear—no doubt
THE ROBERT GAVRON CHARITABLE TRUST FY2023£225k—0unclear—no doubt
G M C TRUST FY2025£164k—0unclear—no doubt
GOWLING WLG (UK) CHARITABLE TRUST FY2025£164k—0unclear—no doubt

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