GRENADA SCHOOLS LIMITED

Registered charity 1154702 · accounts filings on the Charity Commission register

Promoting community participation in healthy recreation by the provision of coaching and sports facilities for young people in Grenada.

Causes: Education/training · Amateur Sport · Get email alerts

Latest income
£550k
Latest spending
£137k
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds increased significantly to £660,240, which is above the trustees' stated reserves policy target of £125,000 to £250,000. The charity reported no employees and no active fundraising, relying instead on voluntary donations of £546,355 to fund charitable grants.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: A loan of £5,000 from director Michael Sherwood was converted into a donation in 2025.
“Creditors in 2024 included a loan of £5,000 that was interest free and also a related party transaction as it was from the director Michael Sherwood. The loan was converted into a donation in 2025.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/10/2025)

Total income
£550k
Total spending
£137k
Reserves (reported)
£660k
Employees
0

Reported reserves equal ~57.8 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Grenada

Income and spending

Financial year endIncomeSpending
31/10/2025£550k£137k
31/10/2024£7k£135k
31/10/2023£501k£289k
31/10/2022£50£85
31/10/2021£512£222k

Common questions

Is GRENADA SCHOOLS LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted funds increased significantly to £660,240, which is above the trustees' stated reserves policy target of £125,000 to £250,000. The charity reported no employees and no active fundraising, relying instead on voluntary donations of £546,355 to fund charitable grants. Its FY2025 accounts were independently examined.

Who funds GRENADA SCHOOLS LIMITED?

Funders whose own accounts filings name GRENADA SCHOOLS LIMITED as a grant recipient include GOLDMAN SACHS GIVES (UK).

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
GOLDMAN SACHS GIVES (UK)FY2024£463kEducation