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
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
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.