GRACE CHARITIES TRUST

Registered charity 1171468 · accounts filings on the Charity Commission register · also known as GCT

advance the Christian faith by receiving and administering gifts from individuals, charities or corporate entities and distributing such gifts and gift aid to churches and other Christian charities

Objects

TO RECEIVE AND ADMINISTER COVENANTED DONATIONS AND TO RECLAIM INCOME TAX FROM HMRC AND TO DISTRIBUTE SUCH DONATIONS AND RECLAIMED INCOME TAX AMONG SUCH CHARITIES AND FOR SUCH CHARITABLE PURPOSES WHOLLY OR MAINLY CONCERNED WITH THE ADVANCEMENT OF RELIGION AS EACH SUBSCRIBER MAY DIRECT IN ACCORDANCE WITH THE TERMS OF THEIR RESPECTIVE DEEDS OF COVENANT WITH GRACE CHARITIES TRUST.

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

Causes: Religious Activities · website · Get email alerts

Latest income
£953k
Latest spending
£954k
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £77 for the year, resulting in a decrease in total net assets from £17,497 to £16,726. All funds are restricted, and the charity did not employ any staff during the year. The independent examiner confirmed that no material matters came to their attention regarding the accounts.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 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.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£953k
Total spending
£954k
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% 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: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£953k£954k
31/12/2023£699k£695k
31/12/2022£1.5m£1.5m
31/12/2021£658k£663k
31/12/2020£765k£766k

Common questions

Is GRACE CHARITIES TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £77 for the year, resulting in a decrease in total net assets from £17,497 to £16,726. All funds are restricted, and the charity did not employ any staff during the year. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2024 accounts were independently examined.