SIR THOMAS GRESHAM CHARITIES
The purpose of the charity is the provision of eight Almshouses known as the Gresham Almshouses; the annual payment of an allowance to the almsfolk; and the payment of -ú100 per annum to each of the four Gresham lecturers in Divinity, Astronomy, Music and Geometry.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £1,409 for the year, with total funds decreasing to £136,889. The charity has no free reserves as its running cost deficits are met by the City of London Corporation's City’s Estates Fund. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Consequently, this charity has no free reserves and a reserves policy is considered by the Trustee to be inappropriate.”
“The City of London Corporation's City's Estate meets the deficit on running expenses of the charity (income of £87,841), and recharges expenditure on staff (£29,435) and other administrative costs (£6,658)”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £92k | £94k |
| 31/03/2024 | £106k | £107k |
| 31/03/2023 | £86k | £87k |
| 31/03/2022 | £67k | £68k |
| 31/03/2021 | £65k | £67k |
Common questions
Is SIR THOMAS GRESHAM CHARITIES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £1,409 for the year, with total funds decreasing to £136,889. The charity has no free reserves as its running cost deficits are met by the City of London Corporation's City’s Estates Fund. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.