R L GLASSPOOL CHARITY TRUST
Financial health, per its FY2025 accounts
The accounts state that total funds decreased to £37.4 million, with investment income falling by 2.3% to £2.25 million. The charity reports a negative unrestricted fund balance of £1.3 million, which the trustees attribute to a timing difference in recognizing grant liabilities for the following year, rather than a lack of underlying financial resources.
What the accounts disclose
“One employee received remuneration in excess of £60,000 (2024: One).” — page 34
“Our strategy is to keep the ‘designated reserves’ above the costs of the CARE defined benefit pension scheme Debt on Withdrawal (DoW) liability and general reserves at six months operating costs.”
Year-over-year changes
- Employees paid over £60,000: 0 (FY2022) → 1 (FY2025).
Leadership, per the charity’s website
- Rachael Badger — Chief Executive
- Julie Green — CEO
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (24/01/2017)
Trustees
- R L Glasspool Trustee Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.4m | £4.7m |
| 31/03/2024 | £2.5m | £2.4m |
| 31/03/2023 | £2.5m | £2.3m |
| 31/03/2022 | £2.2m | £2.3m |
| 31/03/2021 | £2.2m | £2.3m |
Common questions
Is R L GLASSPOOL CHARITY TRUST financially healthy?
The accounts state that total funds decreased to £37.4 million, with investment income falling by 2.3% to £2.25 million. The charity reports a negative unrestricted fund balance of £1.3 million, which the trustees attribute to a timing difference in recognizing grant liabilities for the following year, rather than a lack of underlying financial resources. Its FY2025 accounts were audited by A C Mole LLP.
Who funds R L GLASSPOOL CHARITY TRUST?
Funders whose own accounts filings name R L GLASSPOOL CHARITY TRUST as a grant recipient include THE MERCERS CHARITABLE FOUNDATION, THE EARL OF NORTHAMPTON'S CHARITY.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE MERCERS CHARITABLE FOUNDATION | FY2025 | £40k |
| THE MERCERS CHARITABLE FOUNDATION | FY2024 | £40k |
| THE EARL OF NORTHAMPTON'S CHARITY | FY2022 | £13k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Edge Ministries | 1 | £6k |