LADY GOULD'S CHARITY
Lady Gould's Charity awards grants to people living in certain areas of Highgate, London who are, for whatever reason, unable to provide for basic necessities. The Charity makes grants of up to £600 per application. Grants typically cover household items such as baby essentials, furntiure, carpets, washing machines, cookers or clothing. The Charity makes around 85 grants per year.
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net payment deficit of £54,360.97 for the year, reducing its total funds from £336,047.73 to £282,778.78. Despite this expenditure exceeding income, the trustees confirm that free reserves are maintained at a level equating to up to six months of anticipated resources. The charity holds easily realizable investments in M&G and COIF to cover ongoing costs and grant payments.
What the accounts disclose
“The Charity received an income of £83,200 (2023: £50,075) from its three freehold properties and reimbursements from tenants in relation to buildings' insurance premiums in the sum of £6,747 (2023: £7,776).” — page 4
“The Charity continues to maintian free reserves at a level that equates to up to six months of anticipated resources (£20,000 to £40,000).” — page 4
Property (HM Land Registry)
Register events
- Received assets from another charity (13/08/2018)
Trustees
- Dominic Robert Gray
- Leigh Perl
- REV Olakunle Ayodeji
- Simon Guthrie Edwards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £107k | £106k |
| 31/12/2023 | £76k | £130k |
| 31/12/2022 | £84k | £91k |
| 31/12/2021 | £89k | £62k |
| 31/12/2020 | £67k | £81k |
Common questions
Is LADY GOULD'S CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a net payment deficit of £54,360.97 for the year, reducing its total funds from £336,047.73 to £282,778.78. Despite this expenditure exceeding income, the trustees confirm that free reserves are maintained at a level equating to up to six months of anticipated resources. The charity holds easily realizable investments in M&G and COIF to cover ongoing costs and grant payments. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FIELDROSE CHARITABLE TRUST | 1 | £2k |
Charities like this
- ST ANDREW'S SOCIETY FOR LADIES IN NEED
- LADY ELIZABETH HASTINGS' ESTATE CHARITY
- GUILDFORD POYLE CHARITIES
- THE JOHN AND EMMA GALE HOME
- THE LADY FORESTER TRUST
- FRIENDS OF HIGHGATE SCHOOL SOCIETY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LADY GOULD'S CHARITY | £107k | — | 0 | above | — | no doubt |
| ST ANDREW'S SOCIETY FOR LADIES IN NEED | £110k | — | 0 | unclear | — | no doubt |
| LADY ELIZABETH HASTINGS' ESTATE CHARITY | £684k | — | 0 | below | — | no doubt |
| GUILDFORD POYLE CHARITIES | £163k | — | 0 | unclear | — | no doubt |
| THE JOHN AND EMMA GALE HOME | £187k | — | 0 | unclear | — | no doubt |
| THE LADY FORESTER TRUST | £209k | — | 0 | below | — | no doubt |