GRAFTON CENTRE DEVELOPMENT TRUST CIO
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.
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.
What the accounts disclose
“currently aims to maintain reserves at the level of 3 months core costs which stands at £16,926”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- PHILIP FITZPATRICKchair
- Andrea Jane Colbourne
- Catherine Margaret Giles
- Denise Ward-McNally
- Jacqueline Clair Owen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 25/08/2020 | £10k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 24/07/2019 | £10k | Equip and Upgrade |