FIRST GROWTH
First Growth aims to work with or make grants to organisations for general charitable purposes. The aims of First Growth are to:1. support children and young people;2. prevent or relieve poverty; and3. support education and research to enhance economic and community development. First Growth's aims fully reflect the purposes that the charity was set up to further.
Objects
THE OBJECTS OF THE CHARITY ARE SUCH PURPOSES FOR THE BENEFIT OF THE PUBLIC AS SHALL BE EXCLUSIVELY CHARITABLE AS THE TRUSTEES FROM TIME TO TIME MAY DETERMINE AND (SAVE FOR PURPOSES INCIDENTAL AND ANCILLARY TO THOSE OBJECTS), NO OTHER PURPOSES.
Financial health, per its FY2025 accounts
The accounts state that the charity's total funds are negative, with unrestricted reserves at £(2,086) as of 30 September 2025, compared to £(2,062) in the prior year. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future and identified no material uncertainties regarding its going concern status.
What the accounts disclose
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Trustee expenses policy and procedures
Trustees
- Thomas Laithwaitechair
- Barbara Laithwaite
- KAYE LOUISE LAITHWAITE
- VERONIKA LAITHWAITE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £38k | £38k |
| 30/09/2024 | £12k | £68k |
| 30/09/2023 | £59k | £17k |
| 30/09/2022 | £69k | £65k |
| 30/09/2021 | £43k | £121k |
Common questions
Is FIRST GROWTH financially healthy?
Per its FY2025 accounts: The accounts state that the charity's total funds are negative, with unrestricted reserves at £(2,086) as of 30 September 2025, compared to £(2,062) in the prior year. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future and identified no material uncertainties regarding its going concern status. Its FY2025 accounts were independently examined.