GREENGATE TRUST
Latest income
£2.4m
Latest spending
£2.2m
Registered
2017
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £199,467 for the year, resulting in total unrestricted reserves falling to £158,177. The trustees confirm the financial statements are prepared on a going concern basis, and the auditors identified no material uncertainties regarding the charity's ability to continue operations.
What the accounts disclose
Structured financials (annual return, FY ending 31/10/2024)
Total income
£2.4m
Total spending
£2.2m
Cost of raising funds
£249k
Reserves (reported)
£339k
Employees
11
Trustees
- Mohammed Talha Balalchair
- Aftab Majeed
- Mohammed Shamas Sabani
- Peter Donald Baxter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £2.4m | £2.2m |
| 31/10/2023 | £1.3m | £1.2m |
| 31/10/2022 | £833k | £1.1m |
| 31/10/2021 | £1.4m | £870k |
| 31/10/2020 | £297k | £224k |
Common questions
Is GREENGATE TRUST financially healthy?
The accounts state that the charity reported a net deficit of £199,467 for the year, resulting in total unrestricted reserves falling to £158,177. The trustees confirm the financial statements are prepared on a going concern basis, and the auditors identified no material uncertainties regarding the charity's ability to continue operations. Its FY2023 accounts were audited by Munir Chaudry Associates.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Ashley Family Foundation | 1 | £46k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £21k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £15k |
| THE BARBARA WARD CHILDREN'S FOUNDATION | 1 | £14k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £10k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £5k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 1 | £3k |