THE SYDNEY AND SHEILA MCGHEE CHARITABLE TRUST
The charity will carry out charitable purposes to benefit the community and other charitable organisations as the trustees deem appropriate in accordance with the charity's objects
Objects
TO SUCH CHARITIES OR FOR SUCH CHARITABLE PURPOSES AS THE TRUSTEES THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted reserves decreased from £1,287,565 to £1,232,453 during the year. The trust reported a net incoming resource of £55,112, driven by charitable expenditure of £48,750 and management costs of £15,658. The trustees confirmed that the charity had no employees and no material related party transactions.
What the accounts disclose
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- GEMMA LOUISE BOND
- MICHAEL ROY SPRATT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £38k | £94k |
| 05/04/2024 | £116k | £52k |
| 05/04/2023 | £50k | £199k |
| 05/04/2022 | £49k | £50k |
| 05/04/2021 | £356k | £64k |
Common questions
Is THE SYDNEY AND SHEILA MCGHEE CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted reserves decreased from £1,287,565 to £1,232,453 during the year. The trust reported a net incoming resource of £55,112, driven by charitable expenditure of £48,750 and management costs of £15,658. The trustees confirmed that the charity had no employees and no material related party transactions. Its FY2025 accounts were independently examined.