THE WORSHIPFUL COMPANY OF GLOVERS OF LONDON CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that total reserves held in unrestricted and designated funds totalled £899,461 as of 5 April 2025, an increase from the previous year. The trustees consider the financial state of the charity to be satisfactory and adequate to continue fulfilling its objectives, noting that grant-making levels are determined annually based on generated income.
What the accounts disclose
“During the year, £28,500 (2024- £27,500) was paid to the Endowment by the charity representing the value of donations made to the Trust during 2024-25 but intended by the donors to be held to grow the Company's charitable funds.” — page 12
Trustees
- THE WORSHIPFUL COMPANY OF GLOVERS OF LONDON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £180k | £131k |
| 05/04/2024 | £88k | £118k |
| 05/04/2023 | £94k | £119k |
| 05/04/2022 | £108k | £91k |
| 05/04/2021 | £139k | £120k |
Common questions
Is THE WORSHIPFUL COMPANY OF GLOVERS OF LONDON CHARITABLE TRUST financially healthy?
The accounts state that total reserves held in unrestricted and designated funds totalled £899,461 as of 5 April 2025, an increase from the previous year. The trustees consider the financial state of the charity to be satisfactory and adequate to continue fulfilling its objectives, noting that grant-making levels are determined annually based on generated income. Its FY2025 accounts were independently examined.