GRACE ENTERPRISES NOTTINGHAM LTD
The charity employs people who would otherwise find multiple barriers to entry, such as homelessness, addiction history, and ex-offenders. We offer support and mentoring through volunteers and own subsidiary social enterprise trading companies that employ these people. We currently operate in Nottinghamshire
Objects
THE CHARITY'S OBJECTS ("OBJECTS") ARE:(A) THE RELIEF OF UNEMPLOYMENT FOR THE PUBLIC BENEFIT IN THE UNITED KINGDOM IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING BY:(I) ESTABLISHING AND SUPPORTING (FINANCIALLY OR OTHERWISE) SUBSIDIARY COMPANIES WHICH WILL PROVIDE ETHICAL EMPLOYMENT OPPORTUNITIES FOR THE LONG-TERM UNEMPLOYED OR OTHERS FACING ANY FORM OF BARRIER TO WORK (WHETHER BY REASON OF YOUTH, AGE, ILL-HEALTH, DISABILITY OR ANY OTHER DISADVANTAGE); (II) PROVIDING SUPPORT AND ASSISTANCE TO INDIVIDUALS SEEKING EMPLOYMENT AND ONGOING SUPPORT AND ASSISTANCE TO THOSE WHO FIND EMPLOYMENT, WHETHER BY WAY OF MENTORING, GUIDANCE, ADVICE, TRAINING OR ANY OTHER MEANS; AND(III) INFLUENCING PUBLIC POLICY AND SOCIAL ATTITUDES TO THE LONG-TERM UNEMPLOYED AND THE SUPPORT PROVIDED TO ENABLE VULNERABLE INDIVIDUALS TO FIND AND MAINTAIN EMPLOYMENT.(B) TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT IN THE UNITED KINGDOM BY PREVENTING PEOPLE FROM BECOMING SOCIALLY EXCLUDED AND/OR RELIEVING THE NEEDS OF THOSE PEOPLE WHO ARE SOCIALLY EXCLUDED AND ASSISTING THEM TO INTEGRATE INTO SOCIETY.NOTHING IN THESE ARTICLES SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CHARITY FOR PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH ANY STATUTORY PROVISION REGARDING THE MEANING OF THE WORD "CHARITABLE" OR THE WORDS "CHARITABLE PURPOSES" IN FORCE IN ANY PART OF THE UNITED KINGDOM.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £43,204 for the year ended 31 December 2025, resulting in unrestricted reserves of £90,967. The trustees note that these reserves were slightly below their stated policy target of three to six months of salaries and fixed costs, but confirm that the charity remains a going concern with adequate resources to continue operations.
What the accounts disclose
“At 31 December 2025 the reserves were slightly below the lower limit, so the Trustees have approved budgets which would restore reserves to the level dictated by the policy in the next financial year.” — page 26
“During the year, the charity received management fees of £109,342 (2024: £117,827) from the two trading subsidiaries and one joint venture.” — page 47
“During the year, the charity made grants of £200,000 to Half the Story LLP in fulfilment of donor restrictions on funds received from Lloyds Bank Foundation, Swann Foundation, Rocco Foundation and GCMCF” — page 47
“During the year, the charity received management fees of £109,342 (2024: £117,827) from the two trading subsidiaries and one joint venture.” — page 47
“During the year, the charity made grants of £200,000 to Half the Story LLP in fulfilment of donor restrictions on funds received from Lloyds Bank Foundation, Swann Foundation, Rocco Foundation and GCMCF” — page 47
“The charity wholly-owns two trading companies called Radiant Cleaners Limited (company #11074139) and Jubilee Events Limited (company #13708047).” — page 24
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Volunteer management
Corporate structure
- Trading subsidiary: RADIANT CLEANERS LIMITED Companies House 11074139
- Registered company of the charity Companies House 12579103
- Trading subsidiary: JUBILEE EVENTS LTD Companies House 13708047
- Turnover: £245k
- Profit before tax: £-6k
- Turnover: £58k
- Profit before tax: £-5k
- Note 6 discloses 'Amounts owed by related parties' within Debtors, with a balance of £0 in 2025 (2024: £968).
Company officers (Companies House)
- TOWLER, Steven not on trustee list
- IGBINNOSA, Joy on trustee list
- NKANGA, Udeme Oton on trustee list
- AGUNBIADE, Joseph Jones on trustee list
- CRESSEY, Lindsay on trustee list
- BOWPITT, Graham Stephen, Dr on trustee list
- LEE, Selina on trustee list
- DYKES, Jeremy Paul on trustee list
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Dr Graham Stephen Bowpitt
- Jeremy Dykes
- Joseph Agunbiade
- Lindsay Cressey
- Otasowie Joy Igbinnosa
- Selina Lee
- Steve Towler
- Udeme Nkanga
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £608k | £564k |
| 31/12/2024 | £244k | £229k |
| 31/12/2023 | £181k | £164k |
| 31/12/2022 | £204k | £224k |
| 31/08/2021 | £93k | £57k |
Common questions
Is GRACE ENTERPRISES NOTTINGHAM LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £43,204 for the year ended 31 December 2025, resulting in unrestricted reserves of £90,967. The trustees note that these reserves were slightly below their stated policy target of three to six months of salaries and fixed costs, but confirm that the charity remains a going concern with adequate resources to continue operations. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/09/2024 | £20k | Half-the-Story National Roll-out |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £104k |
| BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION | 1 | £82k |
| CEO SLEEPOUT | 1 | £32k |
| THE 29TH MAY 1961 CHARITY | 1 | £15k |
| COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION | 1 | £10k |
| JOHNNIE JOHNSON TRUST | 1 | £8k |
| The Goldsmiths' Foundation | 1 | £6k |
| THE WORSHIPFUL COMPANY OF CUTLERS GENERAL CHARITABLE FUND | 1 | £6k |
Charities like this
- GRACE CHURCH SALISBURY
- THE NOAH ENTERPRISE (NEW OPPORTUNITIES AND HORIZONS)
- RUTLAND HOUSE COMMUNITY TRUST LIMITED
- GRACE TO GRACE INTERNATIONAL CENTRE
- THE FAITH HOPE & ENTERPRISE COMPANY LTD
- MORTHYNG LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GRACE ENTERPRISES NOTTINGHAM LTD | £608k | — | 0 | below | — | no doubt |
| GRACE CHURCH SALISBURY | £392k | — | 0 | unclear | — | no doubt |
| THE NOAH ENTERPRISE (NEW OPPORTUNITIES AND HORIZONS) | £1.9m | — | — | above | — | no doubt |
| RUTLAND HOUSE COMMUNITY TRUST LIMITED | £1.5m | — | 0 | unclear | — | no doubt |
| GRACE TO GRACE INTERNATIONAL CENTRE | £330k | — | 0 | unclear | — | no doubt |
| THE FAITH HOPE & ENTERPRISE COMPANY LTD | £1.2m | — | 0 | above | — | no doubt |