ERIC GREGORY TRUST FUND
Awards annual prizes to poets under 30 on the strength of a submitted collection
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £866,814, which the Trustees consider sufficient to meet its charitable objectives and obligations in the foreseeable future. The charity reported a net decrease in funds of £43,706 for the year, primarily due to charitable awards and administration costs exceeding investment income. The going concern basis is adopted with no material uncertainties identified regarding the charity's ability to continue operational existence.
What the accounts disclose
“The Society of Authors, which is the corporate Trustee of the charity, carried out management services for the charity and charged a management fee for the year amounting to £25,800” — page 11
“The Society of Authors, which is the corporate Trustee of the charity, carried out management services for the charity and charged a management fee for the year amounting to £25,800 (2023: £24,570). There were no other related party transactions in the year.” — page 11
Trustees
- The Society of Authors
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £34k | £76k |
| 31/12/2024 | £29k | £73k |
| 31/12/2023 | £31k | £70k |
| 31/12/2022 | £31k | £69k |
| 31/12/2021 | £26k | £66k |
Common questions
Is ERIC GREGORY TRUST FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £866,814, which the Trustees consider sufficient to meet its charitable objectives and obligations in the foreseeable future. The charity reported a net decrease in funds of £43,706 for the year, primarily due to charitable awards and administration costs exceeding investment income. The going concern basis is adopted with no material uncertainties identified regarding the charity's ability to continue operational existence. Its FY2024 accounts were independently examined.