THE GNC TRUST
The objective is to support general worthy causes and donations are made to charitable institutions.
Objects
FOR SUCH CHARITABLE PURPOSES AND CHARITABLE INSTITUTIONS AS THE TRUSTEES SHALL DETERMINE, SUBJECT TO THE APPROVAL DURING HIS LIFETIME OF THE SETTLOR.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £1,251 for the year, driven by a net loss on investments of £7,861 which offset investment income of £46,060. Total unrestricted funds decreased slightly from £1,094,423 to £1,093,172, with the trustees considering the current level of reserves appropriate to continue funding grants and governance costs.
What the accounts disclose
“Income for the year consists entirely of investment income” — page 4
“The trustees consider that the current level of reserves is appropriate to enable them to continue to fund grants and governance costs without significantly reducing the investment capital of the charity.”
“A donation has been made to Friends of Bournville Carillon Limited during the year, totalling £750. Mrs R J Cadbury is the President of the Board for Friends of Bournville Carillon Limited, as well as a Trustee for The GNC Trust.” — page 13
“A donation has also been made to Wantage Choral Society during the year, totalling £400. Mrs I J Williamson is a Trustee on the board of Wantage Choral Society, as well as being a Trustee for The GNC Trust.” — page 13
“A donation has been made to Friends of Bournville Carillon Limited during the year, totalling £750. Mrs R J Cadbury is the President of the Board for Friends of Bournville Carillon Limited, as well as a Trustee for The GNC Trust.” — page 13
“A donation has also been made to Wantage Choral Society during the year, totalling £400. Mrs I J Williamson is a Trustee on the board of Wantage Choral Society, as well as being a Trustee for The GNC Trust.” — page 13
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- JAYNE CADBURY
- MRS I J WILLIAMSON
- MRS PJ RICHMOND-WATSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £45k | £56k |
| 31/12/2024 | £46k | £39k |
| 31/12/2023 | £43k | £60k |
| 31/12/2022 | £42k | £42k |
| 31/12/2021 | £42k | £35k |
Common questions
Is THE GNC TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £1,251 for the year, driven by a net loss on investments of £7,861 which offset investment income of £46,060. Total unrestricted funds decreased slightly from £1,094,423 to £1,093,172, with the trustees considering the current level of reserves appropriate to continue funding grants and governance costs. Its FY2024 accounts were independently examined.