THE GREENSLADE FAMILY FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £6,352,699, which the Trustees believe are sufficient to cover 100% of liabilities and maintain operations for many years. However, the Directors' report notes that the charity remains dependent on donations to maintain its future activities. The financial position is described as having sufficient liquid funds to cover liabilities, with no material uncertainties identified regarding going concern.
What the accounts disclose
“The Greenslade Family Foundation intends to keep costs low and ensure free reserves are maintained at a level that is all the time of at least enough to cover 100% of its liabilities.” — page 6
“In the year, donations of £673,591 (2023: nil) were received from C Greenslade, a Director and Trustee” — page 21
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- CAROLYN RUTH GREENSLADEchair
- CAROL ELAINE BAILEY
- James Charles Wilcox
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £914k | £166k |
| 05/04/2024 | £1.1m | £374k |
| 05/04/2023 | £69k | £142k |
| 05/04/2022 | £228k | £267k |
| 05/04/2021 | £727k | £247k |
Common questions
Is THE GREENSLADE FAMILY FOUNDATION financially healthy?
The accounts state that the charity holds unrestricted reserves of £6,352,699, which the Trustees believe are sufficient to cover 100% of liabilities and maintain operations for many years. However, the Directors' report notes that the charity remains dependent on donations to maintain its future activities. The financial position is described as having sufficient liquid funds to cover liabilities, with no material uncertainties identified regarding going concern. Its FY2024 accounts were audited by Sumer AuditCo Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE RASCHE FAMILY CHARITABLE TRUST | 1 | £60k |
| MUSLIM COMMUNITY & EDUCATION CENTRE (MCEC) | 1 | £5k |