GLC CHARITABLE TRUST
The Charity generally supports projects in the fields of health, welfare, education and the arts. The trustees do not accept unsolicited requests for funds.
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.
What the accounts disclose
“Income comprises investment income of £47,595” — page 5
“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
Trustees
- LAWRENCE STADENchair
- NIGEL PHILIP SKEVINGTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Edge Ministries | 1 | £6k |
Charities like this
- THE SHERLING CHARITABLE TRUST
- THE WILLIAMS CHARITABLE TRUST
- THE ROBERT GAVRON CHARITABLE TRUST
- THE DEO GLORIA TRUST
- DOLLOND CHARITABLE TRUST
- G M C TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GLC CHARITABLE TRUST | £220k | — | 0 | above | — | no doubt |
| THE SHERLING CHARITABLE TRUST | £780k | — | 0 | unclear | — | no doubt |
| THE WILLIAMS CHARITABLE TRUST | £92k | — | 0 | unclear | — | no doubt |
| THE ROBERT GAVRON CHARITABLE TRUST | £225k | — | 0 | unclear | — | no doubt |
| THE DEO GLORIA TRUST | £524k | — | 0 | unclear | 27.2% | no doubt |
| DOLLOND CHARITABLE TRUST | £1.6m | — | 0 | unclear | — | no doubt |