GRUBB FORWARD
Financial health, per its FY2022 accounts
The accounts state that the charity reported total net liabilities of £37,017 as of 31 December 2022, a significant deterioration from the net assets of £26,005 in the previous year. The trustees acknowledge that funding is under review and express a reasonable expectation that future donations will exceed current negative reserves to sustain operations.
What the accounts disclose
“The Trustees have a reasonable expectation that donations received will be in excess of the current negative reserves.” — page 6
“The Trustees have a reasonable expectation that donations received will be in excess of the current negative reserves. The funding of the charity wlll continue to be reviewed and the Trustees expect to make further donations as funding becomes avallable, with the aim of improving the lives of individuals.” — page 6
Trustees
- CAROLINE FRANCOISE ROBOH
- ELEANOR ANNE O'KEEFE
- Rose-Lee Levy
- SARAH GOTLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £116k | £132k |
| 31/12/2023 | £94k | £166k |
| 31/12/2022 | £100k | £163k |
| 31/12/2021 | £10k | £6k |
| 31/12/2020 | £27k | £40k |
Common questions
Is GRUBB FORWARD financially healthy?
The accounts state that the charity reported total net liabilities of £37,017 as of 31 December 2022, a significant deterioration from the net assets of £26,005 in the previous year. The trustees acknowledge that funding is under review and express a reasonable expectation that future donations will exceed current negative reserves to sustain operations. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DONATING CHARITY LIMITED | 1 | £154k |
| B K CHARITABLE TRUST | 1 | £72k |
| M AND L COHEN CHARITABLE TRUST | 1 | £6k |