THE GEOFFREY HAROLD GREATREX CHARITABLE INCORPORATED ORGANISATION
Grant making
Objects
THE OBJECT OF THE CIO IS: TO ADVANCE EDUCATION AND TRAINING IN MEDICAL SCIENCES AND OTHER SURGICAL PRACTICES FOR THE PUBLIC BENEFIT THROUGH: I) THE PROVISION OF BURSARIES FOR STUDIES AND RELATED COSTS TO PERSONS STUDYING AT THE NEWCASTLE UNIVERSITY FACULTY OF MEDICAL SCIENCES, THE ROYAL COLLEGE OF SURGEONS OF ENGLAND AND SUCH ESTABLISHMENTS AS THE TRUSTEES SHOULD SEE FIT. II) THE PROVISION OF FUNDING FOR COSTS FOR STUDENTS UNDERTAKING MEDICAL OR SURGICAL RESEARCH FOR THE ADVANCEMENT OF MEDICAL SCIENCE, THE USEFUL RESULTS WHICH WILL BE PUBLISHED. III) THE PROVISION OF GRANTS TO MEDICAL INSTITUTIONS FOR THE TRAINING AND DEVELOPMENT OF STAFF AND STUDENTS
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £2,321,418 at the year end, with free reserves of £62,700 held in cash to cover grant commitments. The charity generated a net income of £58,590, driven largely by investment gains, while expenditure on charitable activities and core costs totaled £172,795. The trustees aim to preserve the initial capital of approximately £2 million while generating an income stream to fund future grants.
What the accounts disclose
“At the year end there was free reserves of £62,700 (2024: £3,615) due to the commitments for grants. This is to be covered from drawings from the fixed asset investment portfolio prior to when the liabilities fall due.” — page 4
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Peter Wardchair
- Dr Peter Pulsford Dawson BSC, MB
- Louisa Michelle Finlay
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £35k | £173k |
| 31/08/2024 | £10k | £43k |
| 31/08/2023 | £28k | £20k |
| 31/08/2022 | £12k | £41k |
| 31/08/2021 | £25k | £102k |
Common questions
Is THE GEOFFREY HAROLD GREATREX CHARITABLE INCORPORATED ORGANISATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £2,321,418 at the year end, with free reserves of £62,700 held in cash to cover grant commitments. The charity generated a net income of £58,590, driven largely by investment gains, while expenditure on charitable activities and core costs totaled £172,795. The trustees aim to preserve the initial capital of approximately £2 million while generating an income stream to fund future grants. Its FY2025 accounts were independently examined.