GRACE HOUSE GRADUATES
Established in 2023 as a direct response to the growing need of disabled young people aged 18 and the lack of suitable available support. Working closely with its sister Charity Grace House NE it will support disabled adults 18 through transitional support into adulthood and independence.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £84,845 for the period ended 1 January 2025, with total income of £106,802 against expenditure of £21,957. Per the trustees' report, unrestricted free reserves amounted to £57,347, which the trustees consider sufficient to cover administration costs for the next six months in line with their reserves policy. The trustees confirmed adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The charity has a policy to retain sufficient funds to cover administration costs for the next six months while raising additional funds towards the Charities objectives.” — page 6
Property (HM Land Registry)
Trustees
- Simon Britonchair
- David Head
- John Longford
- Neil Henry
- Victoria Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/01/2025 | £107k | £22k |
Common questions
Is GRACE HOUSE GRADUATES financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £84,845 for the period ended 1 January 2025, with total income of £106,802 against expenditure of £21,957. Per the trustees' report, unrestricted free reserves amounted to £57,347, which the trustees consider sufficient to cover administration costs for the next six months in line with their reserves policy. The trustees confirmed adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 09/12/2024 | £9k | Graduates: Active Futures |