The British Society of Master Glass Painters Charitable Trust
Publication of the annual journal and quarterly newsletters, maintenance of the library, organisation of the annual conference and quarterly programme of lectures and walks.
Financial health, per its FY2024 accounts
The accounts state that total funds increased significantly to £1,483,233, driven largely by a £1.4 million legacy received during the year. The charity reported a substantial net income of £1,478,737 against expenditure of £60,564, resulting in a strong unrestricted fund balance with no stated reserves policy target.
What the accounts disclose
“It is the policy of the trustees to use these funds where necessary in the furtherance of the Charity's objectives whilst maintaining an adequate balance to enable the Charity to cover unforeseen future expenditure.” — page 5
“C Wyard (trustee) was paid an honorarium of £5,333 (2023: £5,333) for her work as secretary within the charity and an honorarium of £1,000 (2023: £1,000) for her work on the newsletter.” — page 17
“The British Society of Master Glass Painters’ (BSMGP) is a related party because all the trustees are cither officers or members of the council of that company. The company also registered the Charitable Trust and supplied the initial funding. The Charitable Trust received a donation of £2,274 from BSMGP this year.” — page 19
“The Worshipful Company of Glaziers and Painters of Glass of the City of London is also a related party because of the involvement of some of the trustees in the affairs of the Worshipful Company as Honorary Freemen, Members of the Court and Members of the Craft and Competition Committee, and as trustees of the Glaziers Foundation, The Glaziers Trust and of the London Stained Glass Repository. The Charitable Trust received £3,000 as a grant for the annual journal from the Worshipful Company during the year and an additional £500 for student places at the centenary event.” — page 19
“The British Society of Master Glass Painters’ (BSMGP) is a related party because all the trustees are cither officers or members of the council of that company. The company also registered the Charitable Trust and supplied the initial funding. The Charitable Trust received a donation of £2,274 from BSMGP this year.” — page 19
“The Worshipful Company of Glaziers and Painters of Glass of the City of London is also a related party because of the involvement of some of the trustees in the affairs of the Worshipful Company as Honorary Freemen, Members of the Court and Members of the Craft and Competition Committee, and as trustees of the Glaziers Foundation, The Glaziers Trust and of the London Stained Glass Repository. The Charitable Trust received £3,000 as a grant for the annual journal from the Worshipful Company during the year and an additional £500 for student places at the centenary event.” — page 19
“The British Society of Master Glass Painters’ (BSMGP) is a related party because all the trustees are cither officers or members of the council of that company. The company also registered the Charitable Trust and supplied the initial funding. The Charitable Trust received a donation of £2,274 from BSMGP this year.” — page 19
“The Worshipful Company of Glaziers and Painters of Glass of the City of London is also a related party because of the involvement of some of the trustees in the affairs of the Worshipful Company as Honorary Freemen, Members of the Court and Members of the Craft and Competition Committee, and as trustees of the Glaziers Foundation, The Glaziers Trust and of the London Stained Glass Repository. The Charitable Trust received £3,000 as a grant for the annual journal from the Worshipful Company during the year and an additional £500 for student places at the centenary event.” — page 19
“The British Society of Master Glass Painters’ (BSMGP) is a related party because all the trustees are cither officers or members of the council of that company. The company also registered the Charitable Trust and supplied the initial funding. The Charitable Trust received a donation of £2,274 from BSMGP this year.” — page 19
“The Worshipful Company of Glaziers and Painters of Glass of the City of London is also a related party because of the involvement of some of the trustees in the affairs of the Worshipful Company as Honorary Freemen, Members of the Court and Members of the Craft and Competition Committee, and as trustees of the Glaziers Foundation, The Glaziers Trust and of the London Stained Glass Repository. The Charitable Trust received £3,000 as a grant for the annual journal from the Worshipful Company during the year and an additional £500 for student places at the centenary event.” — page 19
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ANDREW PHILLIP TAYLOR BA, FMGP
- MRS CHRIS WYARD
- MRS SUE SHAUGHNESSY
- Mark Paul Bambrough FMGP
- Rachel Margaret Mulligan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.6m | £61k |
| 31/12/2023 | £55k | £51k |
| 31/12/2022 | £43k | £53k |
| 31/12/2021 | £45k | £39k |
| 31/12/2020 | £32k | £40k |
Common questions
Is The British Society of Master Glass Painters Charitable Trust financially healthy?
Per its FY2024 accounts: The accounts state that total funds increased significantly to £1,483,233, driven largely by a £1.4 million legacy received during the year. The charity reported a substantial net income of £1,478,737 against expenditure of £60,564, resulting in a strong unrestricted fund balance with no stated reserves policy target. Its FY2024 accounts were audited by Shaw Gibbs (Audit) Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MOHN WESTLAKE FOUNDATION | 1 | £1.0m |
| THE JD FOUNDATION | 1 | £561k |
| THE HEALTH FOUNDATION | 1 | £496k |
| THE NUFFIELD FOUNDATION | 1 | £382k |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £300k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| JOHN ELLERMAN FOUNDATION | 1 | £150k |
| THE DULVERTON TRUST | 1 | £145k |
Charities like this
- TAFF BARGOED DEVELOPMENT TRUST LIMITED
- 1692
- ACHARYA SHRI VIDYASAGAR DIGAMBAR JAIN CHARITABLE TRUST LONDON UK
- GJPS TRUST FUND
- YAD VEACHISOMOCH L'CHAIM
- WYCLIF INDEPENDENT CHRISTIAN EDUCATIONAL ASSOCIATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| The British Society of Master Glass Painters Charitable Trust | £1.6m | — | 0 | unclear | — | no doubt |
| TAFF BARGOED DEVELOPMENT TRUST LIMITED | £152k | — | 0 | unclear | — | no doubt |
| 1692 | £462k | — | 0 | within | — | no doubt |
| ACHARYA SHRI VIDYASAGAR DIGAMBAR JAIN CHARITABLE TRUST LONDON UK | £171k | — | 0 | unclear | — | no doubt |
| GJPS TRUST FUND | £349k | — | 0 | unclear | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |