THE A & J GLOSSOP FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds increased to £424,212, with the Trustees considering the results satisfactory. The charity holds no staff and made no grants during the period, relying on investment income and donations to cover minimal administrative expenditure. The Trustees have decided that holding reserves is unnecessary as they intend to distribute income as donations or grants to the maximum available in any given year.
What the accounts disclose
“The Trustees have decided that holding reserves is unnecessary as going forward the intention is to only distribute income as donations or grants to the maximum available in any given year.” — page 5
“The parents of two trustees, C Taylor and K Boardman, have donated £nil in cash (2024: £100,000) to the charity, and donated £133,309 (2024: £138,298) of listed securities during the year.” — page 17
“A trustee, C Taylor, has donated £nil (2024: £20) to the charity during the year.” — page 17
“The parents of two trustees, C Taylor and K Boardman, have donated £nil in cash (2024: £100,000) to the charity, and donated £133,309 (2024: £138,298) of listed securities during the year.” — page 17
“A trustee, C Taylor, has donated £nil (2024: £20) to the charity during the year.” — page 17
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
Trustees
- Clare Elizabeth Louise Taylorchair
- Andrew James Boardman
- Graeme Phillip Taylor
- Katharine Fiona Ann Boardman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £173k | £7k |
| 31/03/2024 | £241k | £4k |
Common questions
Is THE A & J GLOSSOP FOUNDATION financially healthy?
The accounts state that total unrestricted funds increased to £424,212, with the Trustees considering the results satisfactory. The charity holds no staff and made no grants during the period, relying on investment income and donations to cover minimal administrative expenditure. The Trustees have decided that holding reserves is unnecessary as they intend to distribute income as donations or grants to the maximum available in any given year. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE SIR BERNARD & LADY SCHREIER FOUNDATION | 1 | £4k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £0 |