THE GLASS-HOUSE TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds incurred a deficit of £1,069,035, which was funded by a transfer from expendable endowment. Total net assets decreased from £8,387,682 to £7,769,354, with unrestricted reserves falling to £7,769,354. The trustees noted that no assumptions concerning the future are likely to result in a material adjustment to carrying amounts.
What the accounts disclose
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £277k | £1.2m |
| 05/04/2024 | £266k | £1.4m |
| 05/04/2023 | £218k | £1.2m |
| 05/04/2022 | £176k | £659k |
| 05/04/2021 | £192k | £486k |
Common questions
Is THE GLASS-HOUSE TRUST financially healthy?
The accounts state that unrestricted funds incurred a deficit of £1,069,035, which was funded by a transfer from expendable endowment. Total net assets decreased from £8,387,682 to £7,769,354, with unrestricted reserves falling to £7,769,354. The trustees noted that no assumptions concerning the future are likely to result in a material adjustment to carrying amounts. Its FY2024 accounts were audited by Sayer Vincent LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GATSBY CHARITABLE FOUNDATION | 1 | £10.0m |
| SF FOUNDATION | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |