THE GRACEWELL FOSTER TRUST
PROVISION OF SHELTERED HOUSING FOR SINGLE LADIES OVER 55 YEARS OLD WITH LIMITED MEANS
Objects
THE PROVISION OF ALMSHOUSES FOR SPINSTERS OR WIDOWS OF LIMITED FINANCIAL MEANS AND OF GOOD CHARACTER.
Financial health, per its FY2025 accounts
The accounts state that the Trust reported a deficit for the year ended 31 January 2025, resulting in total net assets of £1,778,789. The Trustees confirm that the funds can meet the Trust’s obligations and maintain a reasonable level of property occupation. Free reserves of £436,034 are held, which the Trustees consider to be above their stated policy target of three to six months' expenditure.
What the accounts disclose
“Income from charitable activities was £433,526 (2024: £404,757) of which £409,748 (2024: £380,979) was attributable to unrestricted funds and £23,778 (2024 £23,778) was attributable to the endowment fund.” — page 14
“It is the policy of the Trustees to keep Free Reserves at a level that would meet between 3 and 6 months’ expenditure of the Trust. Based on the 2024/25 accounts the band would be £117,497 to £234,994.” — page 5
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Safeguarding policy and procedures
Trustees
- EDWARD RODGERSchair
- Alan George Holland
- DEIDRE ANNE HELEN MATTISON
- Elizabeth Fryer
- Marianka Bowles
- Nina Pozzi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £445k | £470k |
| 31/01/2024 | £415k | £391k |
| 31/01/2023 | £365k | £345k |
| 31/01/2022 | £367k | £412k |
| 31/01/2021 | £346k | £309k |
Common questions
Is THE GRACEWELL FOSTER TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust reported a deficit for the year ended 31 January 2025, resulting in total net assets of £1,778,789. The Trustees confirm that the funds can meet the Trust’s obligations and maintain a reasonable level of property occupation. Free reserves of £436,034 are held, which the Trustees consider to be above their stated policy target of three to six months' expenditure. Its FY2025 accounts were audited by Thomas and Young Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 14/01/2022 | £2k | Community Art and Exercise Project |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HURDALE CHARITY LIMITED | 1 | £40k |
| CLASSQUOTE LIMITED | 1 | £30k |
| CORAM LIFE EDUCATION | 1 | £20k |
| KMB ESTATES | 1 | £18k |
| THE J A R CHARITABLE TRUST | 1 | £2k |
Charities like this
- TRUSTWELL LIMITED
- THE BOTHWELL CHARITABLE TRUST
- The Trust Foundation
- FINEGRANT LIMITED
- FOWLER SMITH AND JONES TRUST
- THE IMMIGRANTS' AID TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE GRACEWELL FOSTER TRUST | £445k | — | 0 | above | — | no doubt |
| TRUSTWELL LIMITED | £162k | — | 0 | above | — | no doubt |
| THE BOTHWELL CHARITABLE TRUST | £145k | — | 0 | unclear | — | no doubt |
| The Trust Foundation | £3.0m | — | 0 | above | — | no doubt |
| FINEGRANT LIMITED | £133k | — | 0 | unclear | — | no doubt |
| FOWLER SMITH AND JONES TRUST | £764k | — | 0 | below | — | no doubt |