THE WORSHIPFUL COMPANY OF GLOVERS OF LONDON CHARITABLE TRUST
Grant making charity
Objects
(A) THE RELIEF OF NECESSITOUS PERSONS WHO ARE OR WHO HAVE BEEN LIVERYMEN OR FREEMAN OF THE COMPANY OR THE NECESSITOUS WIDOWS, ORPHANS OR DEPENDENTS OF DECEASED LIVERYMEN OR FREEMEN OF THE COMPANY. (B) THE RELIEF OF NECESSITOUS PERSONS WHO ARE OR WHO HAVE BEEN IN THE EMPLOYMENT OF THE COMPANY OR THE NECESSITOUS WIDOWS, ORPHANS OR DEPENDENTS OF SUCH PERSONS. (C) THE MAKING OF GRANTS OR DONATIONS OR SUBSCRIPTIONS TO ANY FUND ESTABLISHED FOR CHARITABLE PURPOSES WITHIN THE CITY OF LONDON OR ELSEWHERE. (D) SUCH OTHER CHARITABLE PURPOSES OR CHARITABLE INSTITUTIONS BENEFICIAL TO THE COMMUNTIY NOT FALLING UNDER THE PRECEDING HEADS AS THE COMPANY SHALL FROM TIME TO TIME IN ITS ABSOLUTE DISCRETION AS DIRECTED BY ITS COURT OF ASSISTANTS THINK FIT.
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
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Volunteers: 20
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Volunteers: 20
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Volunteers: 20
- Grant-making is its main activity
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?
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. Its FY2025 accounts were independently examined.
Charities like this
- THE WORSHIPFUL COMPANY OF GLOVERS OF LONDON CHARITABLE ENDOWMENT
- THE LONGFORD CHARITABLE TRUST
- ENGLISH HOLDINGS CHARITABLE TRUST
- LAWSON BECKMAN CHARITABLE TRUST
- M I CHARITABLE TRUST
- THE J G GRAVES CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WORSHIPFUL COMPANY OF GLOVERS OF LONDON CHARITABLE TRUST | £180k | — | 0 | unclear | — | no doubt |
| THE WORSHIPFUL COMPANY OF GLOVERS OF LONDON CHARITABLE ENDOWMENT | £45k | — | 0 | above | — | no doubt |
| THE LONGFORD CHARITABLE TRUST | £143k | — | 0 | unclear | — | no doubt |
| ENGLISH HOLDINGS CHARITABLE TRUST | £398k | — | 0 | unclear | — | no doubt |
| LAWSON BECKMAN CHARITABLE TRUST | £239k | — | 0 | above | — | no doubt |
| M I CHARITABLE TRUST | £21k | — | 0 | unclear | — | no doubt |