THE GRAND CHARITY
Financial health, per its FY2023 accounts
The accounts state that the Charity ended the year with unrestricted reserves of £144,000, having incurred a net expenditure of £575,000 due to the depletion of previous reserves and the cessation of third-party grant making. The trustees confirm that the Charity will continue to operate solely to receive legacies for transfer to the Masonic Charitable Foundation, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
“The reserves for the Charity ended the year at L'0. 14 M. No further third-party grants or other expenditure will be made in the future.” — page 6
“The MCF has paid out grants on behalf of the Charity dudng the year, and has been reimbursed by the Charity. Additionally, the MCF has borne all the administrative costs of supporting the Charity as well as its fellow subsidiary charities. The Charity has been recharged a proportion of these costs based upon the relative number of grants processed.” — page 22
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (03/07/2024)
- Received assets from another charity (29/05/2020)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £804k | £987k |
| 31/03/2024 | £879k | £751k |
| 31/03/2023 | £668k | £1.2m |
| 31/03/2022 | £886k | £1.9m |
| 31/03/2021 | £842k | £10.4m |
Common questions
Is THE GRAND CHARITY financially healthy?
The accounts state that the Charity ended the year with unrestricted reserves of £144,000, having incurred a net expenditure of £575,000 due to the depletion of previous reserves and the cessation of third-party grant making. The trustees confirm that the Charity will continue to operate solely to receive legacies for transfer to the Masonic Charitable Foundation, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2023 accounts were audited by Knox Cropper LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |