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THE LEO AND BETTY GRUSS CHARITABLE TRUST

Registered charity 1122175 · accounts filings on the Charity Commission register

The charity was formed on 7 November 2007 during the lifetime of Leo and Betty Gruss. Their intention was to bequeath their estate to the charity. Betty Gruss died in 2018, Leo Gruss died in 2020. Probate was granted on the estate of Mr Gruss and the charity is the beneficiary of the residue of the estate. Trustees are working towards funding projects which will meet the charity's objectives.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Religious Activities · Get email alerts

Latest income
£57k
Latest spending
£656k
Registered
2008
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity operated at a deficit of £460,590 for the year ended 31 December 2024, reducing its unrestricted funds to £1,932,785. The trustees anticipate that the charity will be dissolved once all funds are spent, which is expected to occur within the next few years. Despite this planned dissolution, the trustees confirm that the charity will continue to operate for the foreseeable future on a going concern basis.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income (100% of income)
“Investment income Deposit account interest 71,319”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: sufficient monies to fund the projects that the trustees believe will meet the charity's objectives (held: £1.9m)
“The trustees' reserves policy is to hold sufficient monies to fund the projects that the trustees believe will meet the charity's objectives.” — page 3
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Ms H Rook was paid clerk fees of £20,000 (2023: £13,750) and £1,662 (2023: £273) for the reimbursement of expenses during the year.
“Ms H Rook was paid clerk fees of £20,000 (2023: £13,750) and £1,662 (2023: £273) for the reimbursement of expenses during the year. There were no other related party transactions.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Israel · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£57k£656k
31/12/2024£71k£532k
31/12/2023£10k£245k
31/12/2022£25k£278k
31/12/2021£10k£16k

Common questions

Is THE LEO AND BETTY GRUSS CHARITABLE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity operated at a deficit of £460,590 for the year ended 31 December 2024, reducing its unrestricted funds to £1,932,785. The trustees anticipate that the charity will be dissolved once all funds are spent, which is expected to occur within the next few years. Despite this planned dissolution, the trustees confirm that the charity will continue to operate for the foreseeable future on a going concern basis. Its FY2024 accounts were independently examined.