GREYGARTH ASSOCIATION
Greygarth Association is an educational charity. Its main undertaking is the running of a hall of residence in Manchester for university students, and formation activities for young people.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £30,127 for the year ended 30 September 2025, with total unrestricted funds of £4,145,663. However, the trustees report that the charity's reserves policy target of maintaining three months' expenditure was not met at year-end, prompting a fundraising campaign and cost management plan. The auditor confirmed that there are no material uncertainties related to the charity's ability to continue as a going concern.
What the accounts disclose
“This self imposed objective was not being met at the end of this financial year, so the trustees have embarked on a fund raising campaign and a cost management plan to ensure there are enough resources to meet foreseen liabilities over a rolling period of three months.”
“Included within other debtors is a loan of £16,988 (2024: £43,613) due from Netherhall Educational Association. Repayments in the year amounted to £26,625. This loan is interest-free and repayable on demand.” — page 23
“During the year, X Bosch received advance payments to meet expenditure to be incurred on behalf of the charity. At year end, £1,500 (2024: £Nil) was unspent and included in other debtors.” — page 23
“Included within other debtors is a loan of £16,988 (2024: £43,613) due from Netherhall Educational Association. Repayments in the year amounted to £26,625. This loan is interest-free and repayable on demand.” — page 23
“During the year, X Bosch received advance payments to meet expenditure to be incurred on behalf of the charity. At year end, £1,500 (2024: £Nil) was unspent and included in other debtors.” — page 23
Corporate structure
- Registered company of the charity Companies House 01179826
Company officers (Companies House)
- MULHALL, Daniel James on trustee list
- SERRA, Patricio, Dr on trustee list
- BOSCH, Xavier on trustee list
- VALERO, Jack on trustee list
- BOSCH, Xavier
Property (HM Land Registry)
Trustees
- Daniel James Mulhall
- Dr Patricio Serra
- JACK VALERO
- Xavier Bosch
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £428k | £397k |
| 30/09/2024 | £458k | £358k |
| 30/09/2023 | £406k | £325k |
| 30/09/2022 | £369k | £307k |
| 30/09/2021 | £307k | £282k |
Common questions
Is GREYGARTH ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £30,127 for the year ended 30 September 2025, with total unrestricted funds of £4,145,663. However, the trustees report that the charity's reserves policy target of maintaining three months' expenditure was not met at year-end, prompting a fundraising campaign and cost management plan. The auditor confirmed that there are no material uncertainties related to the charity's ability to continue as a going concern. Its FY2025 accounts were audited by DJH Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MANCHESTER HIGH SCHOOL FOR GIRLS GENERAL CHARITABLE TRUST | 1 | £1.2m |
| THE FIDELITY UK FOUNDATION | 1 | £148k |
| THE MARIE CELESTE SAMARITAN SOCIETY | 1 | £50k |
| THE JOHN SLATER FOUNDATION | 1 | £30k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £30k |
| THE PETER KERSHAW TRUST | 1 | £24k |
| THE AMELIA CHADWICK TRUST | 1 | £2k |
Charities like this
- MANCHESTER HIGH SCHOOL FOR GIRLS
- THE GRAY TRUST
- HONOURABLE SOCIETY OF GRAY'S INN TRUST FUND
- THE MANCHESTER GUARDIAN SOCIETY CHARITABLE TRUST
- YGMH
- THE GRIFFIN COMMUNITY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GREYGARTH ASSOCIATION | £428k | — | 0 | below | — | no doubt |
| MANCHESTER HIGH SCHOOL FOR GIRLS | £13.5m | — | — | unclear | — | no doubt |
| THE GRAY TRUST | £114k | — | 0 | unclear | — | no doubt |
| HONOURABLE SOCIETY OF GRAY'S INN TRUST FUND | £2.6m | — | — | no_policy | — | no doubt |
| THE MANCHESTER GUARDIAN SOCIETY CHARITABLE TRUST | £142k | — | 0 | unclear | — | no doubt |
| YGMH | £460k | — | 0 | unclear | — | no doubt |