GRIMLEY CHARITY
Donates to Charities and Organisations who support those living in South Birmingham and Worcester
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds were £21,763 and endowment funds were £1,144,181, totaling net assets of £1,165,944. The trustees confirm that funds are adequate to meet the charity's obligations, with no material uncertainty regarding going concern. The charity reported a net decrease in total funds of £37,059 due to investment losses and grant distributions exceeding income.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds, which are the free reserves of the Charity, at a level which provides sufficient funds to cover management and administration and support costs and to respond to emergency applications for grants which arise from time to time.” — page 5
“Trustee and Chairman Mrs L A Davis is also an employee of Shakespeare Martineau LLP. During the year ended 5th April 2025 Shakespeare Martineau LLP charged the Charity for professional fees of £1.135 (2024 £1,384) for the ongoing trusteeship of Mrs L A Davis.” — page 14
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £39k | £47k |
| 05/04/2024 | £38k | £40k |
| 05/04/2023 | £35k | £41k |
| 05/04/2022 | £31k | £42k |
| 05/04/2021 | £29k | £30k |
Common questions
Is GRIMLEY CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds were £21,763 and endowment funds were £1,144,181, totaling net assets of £1,165,944. The trustees confirm that funds are adequate to meet the charity's obligations, with no material uncertainty regarding going concern. The charity reported a net decrease in total funds of £37,059 due to investment losses and grant distributions exceeding income. Its FY2025 accounts were independently examined.