GREENSVILLE TRUST
Financial health, per its FY2023 accounts
The accounts state that Greensville Trust generated a positive net income of £865,604 for the year ended 30 April 2023, with total funds increasing to £7,268,404. The charity maintains unrestricted reserves of £6,742,078, which exceeds its stated policy target of approximately six months of core expenditure. Per the trustees' report, the organization is confident of its continuation as a going concern with no material uncertainties identified by the auditors.
What the accounts disclose
“Ideally, the trustees would like to create a buffer of free reserves of approximately six months of the annual core expenditure of the charity.”
Structured financials (annual return, FY ending 30/04/2025)
Trustees
- Dr HABIB SHROUFI
- Mohammed Amer Siddiq
- Mohammed Yassar Ali
- Raja Mohammad Akeel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £4.4m | £3.0m |
| 30/04/2024 | £2.8m | £2.7m |
| 30/04/2023 | £3.5m | £2.7m |
| 30/04/2022 | £2.9m | £1.7m |
| 30/04/2021 | £3.8m | £691k |
Common questions
Is GREENSVILLE TRUST financially healthy?
The accounts state that Greensville Trust generated a positive net income of £865,604 for the year ended 30 April 2023, with total funds increasing to £7,268,404. The charity maintains unrestricted reserves of £6,742,078, which exceeds its stated policy target of approximately six months of core expenditure. Per the trustees' report, the organization is confident of its continuation as a going concern with no material uncertainties identified by the auditors. Its FY2023 accounts were audited by Xeinadin Audit Ltd.