GRAFTON CENTRE DEVELOPMENT TRUST CIO

Registered charity 1169169 · accounts filings on the Charity Commission register

We operate from our building, The Grafton Centre, Grafton Street, Hyde. SK162AX. Open Monday to Friday 09:00 to 16:00.

Objects

TO FURTHER OR BENEFIT THE RESIDENTS OF TAMESIDE AND THE NEIGHBOURHOOD, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS.IN FURTHERANCE OF THESE OBJECTS BUT NOT OTHERWISE, THE TRUSTEES SHALL HAVE POWER:TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE AND TO MAINTAIN OR MANAGE OR CO-OPERATE WITH ANY STATUTORY AUTHORITY IN THE MAINTENANCE AND MANAGEMENT OF SUCH A CENTRE FOR ACTIVITIES PROMOTED BY THE CHARITY IN FURTHERANCE OF THE ABOVE OBJECTS.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£90k
Latest spending
£102k
Registered
2016
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £7,874 for the year, reducing its unrestricted funds from £79,775 to £71,901. Per the trustees' report, the charity is actively monitoring expenditure due to increased utility costs and competition for grants, while noting that cash reserves of £43,730 are well covered by its reserves policy target of £16,926.

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

What the accounts disclose

Reserves policy: three months core costs (held: £72k)
“currently aims to maintain reserves at the level of 3 months core costs which stands at £16,926”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Tameside

Income and spending

Financial year endIncomeSpending
31/03/2025£90k£102k
31/03/2024£87k£104k
31/03/2023£102k£106k
31/03/2022£111k£76k
31/03/2021£75k£78k

Common questions

Is GRAFTON CENTRE DEVELOPMENT TRUST CIO financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £7,874 for the year, reducing its unrestricted funds from £79,775 to £71,901. Per the trustees' report, the charity is actively monitoring expenditure due to increased utility costs and competition for grants, while noting that cash reserves of £43,730 are well covered by its reserves policy target of £16,926. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government25/08/2020£10kCoronavirus Community Support Fund
The National Lottery Community Fund24/07/2019£10kEquip and Upgrade