GM2LF CHARITY
The GM2LF Charity is a charity benefiting communities particularly, though not exclusively, in the Grace Mary to Lion Farm area in Oldbury and Rowley, Sandwell. The charity undertakes a wide range of social welfare related activities with an aim to improving facilities and service provision for people living, working and volunteering in the area.
Objects
1. TO DEVELOP THE CAPACITY AND SKILLS OF THE MEMBERS OF THE SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITY OF GRACE MARY TO LION FARM AND THE SURROUNDING AREA IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY, AND HELP MEET, THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY.2. THE PROMOTION FOR THE BENEFIT OF THE PUBLIC OF URBAN OR RURAL REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION OF THE COMMUNITY OF GRACE MARY TO LION FARM AND THE SURROUNDING AREAS BY ALL OR ANY OF THE FOLLOWING MEANS:(A) THE RELIEF OF FINANCIAL HARDSHIP:(B) THE RELIEF OF UNEMPLOYMENT:(C) THE ADVANCEMENT OF EDUCATION, TRAINING OR RETRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE, AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE:(D) THE PROVISION OF FINANCIAL ASSISTANCE, TECHNICAL ASSISTANCE OR BUSINESS ADVICE OR CONSULTANCY IN ORDER TO PROVIDE TRAINING AND EMPLOYMENT OPPORTUNITIES FOR UNEMPLOYED PEOPLE IN CASES OF FINANCIAL OR OTHER CHARITABLE NEED THROUGH HELP: (I) IN SETTING UP THEIR OWN BUSINESS, OR (II) TO EXISTING BUSINESSES:(E) THE CREATION OF TRAINING AND EMPLOYMENT OPPORTUNITIES BY THE PROVISION OF WORKSPACE, BUILDINGS, AND/OR LAND FOR USE ON FAVOURABLE TERMS:(F) THE PROVISION OF HOUSING FOR THOSE WHO ARE IN CONDITIONS OF NEED AND THE IMPROVEMENT OF HOUSING IN THE PUBLIC SECTOR OR IN CHARITABLE OWNERSHIP PROVIDED THAT SUCH POWER SHALL NOT EXTEND TO RELIEVING ANY LOCAL AUTHORITIES OR OTHER BODIES OF A STATUTORY DUTY TO PROVIDE OR IMPROVE HOUSING:(G) THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES:(H) THE PRESERVATION OF BUILDINGS OR SITES OF HISTORIC OR ARCHITECTURAL IMPORTANCE:(I) THE PROVISION OF RECREATIONAL FACILITIES FOR THE PUBLIC AT LARGE OR THOSE WHO BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES, HAVE NEED OF SUCH FACILITIES:(J) THE PROTECTION OR CONSERVATION OF THE ENVIRONMENT:(K) THE PROVISION OF PUBLIC HEALTH FACILITIES AND CHILDCARE:(L) THE PROMOTION OF PUBLIC SAFETY AND PREVENTION OF CRIME:(M) SUCH OTHER MEANS AS MAY FROM TIME TO TIME BE DETERMINED SUBJECT TO THE PRIOR WRITTEN CONSENT OF THE CHARITY COMMISSIONERS FOR ENGLAND AND WALES.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted reserves were £11,888, which is below the stated policy target of three months of operational costs. The charity reported a net income increase to £38,827 and held cash of £48,269, with no material uncertainties regarding its ability to continue operating.
What the accounts disclose
“The reserve funds are held to cover three months operational costs and any unforeseen expenditure.” — page 5
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
Trustees
- Tracy Marie Lowechair
- Debbie Cheshire
- Gillian Finch
- Jennifer Louise Jones
- Stacey Rushton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £62k | £23k |
| 31/05/2024 | £20k | £9k |
| 31/05/2023 | £0 | £0 |
Common questions
Is GM2LF CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted reserves were £11,888, which is below the stated policy target of three months of operational costs. The charity reported a net income increase to £38,827 and held cash of £48,269, with no material uncertainties regarding its ability to continue operating. Its FY2025 accounts were independently examined.