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

GLC CHARITABLE TRUST

Registered charity 1120766 · accounts filings on the Charity Commission 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.

What the accounts disclose

Reserves policy: sufficient to cover the management and administration costs for the forthcoming year (held: £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).

Trustees

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?

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

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 Edge Ministries1£6k

Charities like this

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