GRACE INCORPORATION FAITH TRUST (GIFT)
Our objective is to support young people and their families. We do this through a holistic preventative and intervention service into education, employment and training. Our core services are made up of mentoring, counselling, mediation/family group conferencing, supplementary school services and as a accredited National Open College Network training provider.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £2,916 for the year, with total funds carried forward of £47,231. The trustees have established a reserves policy targeting £20,000 to ensure core activities can continue during unforeseen difficulties. The financial statements were prepared under the small companies regime and are unaudited.
What the accounts disclose
“The trustees have set a reserves policy which requires: - Reserves be maintained at a level which ensures that GIFT's organisation's core activity could continue during a period of unforeseen difficulty. For the current year this is estimated to equate to £20,000.”
“The charity had net movement of £2,140 (2024: £24,146) received from Making Education a Priority (MEAP) CIC relating to the Community Business Manager's role in managing the partnership projects. This is treated as a related party due to a common director.” — page 11
Trustees
- HENRY NGAWOOFAHchair
- Alysha Attah-Hayford
- HYACINTH LOUISE DUNN
- JACQUELINE NGAWOOFAH
- Manuella Essaka
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £64k | £61k |
| 31/03/2024 | £98k | £71k |
| 31/03/2023 | £67k | £60k |
| 31/03/2022 | £18k | £8k |
| 31/03/2021 | £18k | £10k |
Common questions
Is GRACE INCORPORATION FAITH TRUST (GIFT) financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £2,916 for the year, with total funds carried forward of £47,231. The trustees have established a reserves policy targeting £20,000 to ensure core activities can continue during unforeseen difficulties. The financial statements were prepared under the small companies regime and are unaudited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 29/04/2024 | £20k | Unrestricted Funding |
| Sport England | 02/06/2023 | £10k | Step and Move Project (STAMP) |
| Sport England | 03/05/2022 | £10k | Jubilee Fund – Spring Into Action Project |
| The National Lottery Community Fund | 09/05/2019 | £10k | Inter-generational Digital Project |
| Sport England | 06/10/2016 | £9k | Look Up to Yourself Coaching Programme |
| The National Lottery Heritage Fund | 31/10/2013 | £50k | "Celebrating the GIFT of life from our heritage to our future" |
| The National Lottery Community Fund | 14/08/2012 | £195k | Youth 2 BEET (Business Enterprise Employment and Training) |
| The National Lottery Community Fund | 24/02/2011 | £10k | Youth Ambassador Scheme |
| The National Lottery Community Fund | 26/01/2006 | £281k | to alleviate mental health problems |
| The National Lottery Community Fund | 03/06/2005 | £5k | Gift Community Information and Open Day |