THE JAMES GRACE TRUST
The Trust makes grants to organisations to advance the Christian faith and the relief of poverty.
Objects
THE OBJECTS OF THE CIO ARE, FOR THE PUBLIC BENEFIT, IN ACCORDANCE WITH THE STATEMENT OF FAITH, THROUGH THE PROVISION OF GRANT MAKING:-4.1. THE ADVANCEMENT OF THE CHRISTIAN FAITH WITHIN THE UNITED KINGDOM AND THE WORLD AS THE CHARITY TRUSTEES MAY FROM TIME TO TIME THINK FIT; AND4.2. THE RELIEF OF POVERTY AND THOSE IN NEED BY WAY OF FINANCIAL HARDSHIP, ILL-HEALTH, DISABILITY, UNEMPLOYMENT, POOR EDUCATIONAL OR SKILLS ATTAINMENT, AND/OR VICTIMS OF WAR, NATURAL DISASTER OR CATASTROPHE.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted reserves decreased to £605,983 from £670,785 in the prior year, driven by a net expenditure that exceeded income and investment gains. The Trustees do not maintain a formal reserves policy, noting that the long-term objective is to fully distribute remaining assets to charitable causes. The fund is expected to be exhausted by 30 June 2029 based on current withdrawal rates for grants.
What the accounts disclose
“The Trust's income derives principally from donations and dividends and interest on its investments.”
“Donations amounting to £59,211 (2024 £120,481) were gifted to the charity from related parties during the year.” — page 19
Policies the charity declares
- Conflicting interests
- Investment
- Risk management
Trustees
- IAN JAMES SUTHERLANDchair
- Ian Michael Spaxman
- Janet Grace Sutherland
- Jyotir Moy Banerjee
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £72k | £157k |
| 30/06/2024 | £124k | £144k |
| 30/06/2023 | £70k | £127k |
| 30/06/2022 | £108k | £128k |
| 30/06/2021 | £111k | £78k |
Common questions
Is THE JAMES GRACE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted reserves decreased to £605,983 from £670,785 in the prior year, driven by a net expenditure that exceeded income and investment gains. The Trustees do not maintain a formal reserves policy, noting that the long-term objective is to fully distribute remaining assets to charitable causes. The fund is expected to be exhausted by 30 June 2029 based on current withdrawal rates for grants. Its FY2025 accounts were independently examined.