GRACE CHARITIES TRUST
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.
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.
What the accounts disclose
Policies the charity declares
- Complaints handling
- Conflicting interests
- Investment
- Risk management
Structured financials (annual return, FY ending 31/12/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.