The Grocott Family Foundation
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £7,874 for the year, resulting in a decrease in total unrestricted funds from £1,876,021 to £1,868,147. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Unrestricted reserves held were £274,677, which the trustees note is below their stated policy target of around twelve months' expenditure (£17,000).
What the accounts disclose
“The Trustees hold reseives to enable the charitable tnist to meet its residents' needs by maintaining the accommodation to a high standard, which should total around twelve months expenditure of 817,000.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- DAVID VICTOR GROCOTT
- Daniel Hugh McGowan
- Hazel Jean Ruscoe
- LINDA MARY GROCOTT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £926k | £88k |
| 31/03/2024 | £52k | £56k |
| 31/03/2023 | £45k | £53k |
| 31/03/2022 | £69k | £77k |
| 31/03/2021 | £47k | £91k |
Common questions
Is The Grocott Family Foundation financially healthy?
The accounts state that the charity reported a net expenditure of £7,874 for the year, resulting in a decrease in total unrestricted funds from £1,876,021 to £1,868,147. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Unrestricted reserves held were £274,677, which the trustees note is below their stated policy target of around twelve months' expenditure (£17,000). Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |