THE GRAY TRUST
To provide grants for charitable purposes and to provide accommodation for those in need in Sherwood House and cottages.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £4,737,527, which significantly exceeds its stated reserves policy target of approximately one year's unrestricted charitable expenditure (£342,324). The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, with net assets totaling £5,605,620.
What the accounts disclose
“The Trustees aim to maintain cash reserves at a level which equates to approximately one year's unrestricted charitable expenditure.” — page 5
“Kirstin Thompson, trustee during the year, is an employee of Knights Plc solicitors. During the year £475 (2023:£495) was received by Knights Plc and related to specific legal points and advice provided by Kirstin Thompson outside of the usual trustee meetings.” — page 17
Property (HM Land Registry)
Register events
- Received assets from another charity (03/10/2024)
Trustees
- CLAIRE YVONNE MAY HARDSTAFF
- Ian David Griffiths
- Janet Diana Brothwell
- REV CANON KEITH HOWARD TURNER
- RICHARD JOHN PANNELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £114k | £261k |
| 05/04/2024 | £116k | £342k |
| 05/04/2023 | £123k | £399k |
| 05/04/2022 | £0 | £0 |
| 05/04/2021 | £0 | £0 |
Common questions
Is THE GRAY TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £4,737,527, which significantly exceeds its stated reserves policy target of approximately one year's unrestricted charitable expenditure (£342,324). The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, with net assets totaling £5,605,620. Its FY2024 accounts were independently examined.
Charities like this
- THE GRAY'S INN SCHOLARSHIPS TRUST
- GRAND CHARITABLE TRUST OF THE ORDER OF WOMEN FREEMASONS
- HONOURABLE SOCIETY OF GRAY'S INN TRUST FUND
- THE S AND Y CHARITABLE TRUST
- THE REGAL TRUST LIMITED
- THE GORDON GRAY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE GRAY TRUST | £114k | — | 0 | unclear | — | no doubt |
| THE GRAY'S INN SCHOLARSHIPS TRUST | £788k | — | 0 | above | — | no doubt |
| GRAND CHARITABLE TRUST OF THE ORDER OF WOMEN FREEMASONS | £107k | — | 0 | unclear | — | no doubt |
| HONOURABLE SOCIETY OF GRAY'S INN TRUST FUND | £2.6m | — | — | no_policy | — | no doubt |
| THE S AND Y CHARITABLE TRUST | £113k | — | 0 | unclear | — | no doubt |
| THE REGAL TRUST LIMITED | £658k | — | 0 | unclear | — | no doubt |