GREYHOUND TRUST
Financial health, per its FY2022 accounts
The accounts state that total funds decreased from £5,809,400 to £6,582,612 (note: text shows increase in total funds carried forward to 6,582,612 but unrestricted decreased; however, the text explicitly states 'Total funds at 31 December 2022... 6,582,612' in the summary table on page 4, while the balance sheet shows 6,582,612. Wait, page 4 says 'Total funds at 31 December 2022... 6,582,612'. Page 12 Balance Sheet shows Total Funds 6,582,612. The text on page 5 says 'The Fund balance at 31st December 2022 stood at £5,582,612'. There is a discrepancy in the OCR text between page 4/12 (6.5m) and page 5 (5.5m). I will use the Balance Sheet figure of £6,582,612 as the primary source for 'Total Funds', but note the unrestricted funds are £6,195,538. The charity is entirely dependent on voluntary contributions and experienced reduced income from the Greyhound Racing Industry. The trustees report that the charity is in a strong position to increase homing when the operating environment is conducive, despite post-pandemic financial instability.
What the accounts disclose
Leadership, per the charity’s website
- Professor Steve Dean — Chair of the Board of Trustees
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (28/11/2024)
Trustees
- GREYHOUND TRUST TRUSTEE LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.8m | £2.3m |
| 31/12/2023 | £4.5m | £2.5m |
| 31/12/2022 | £3.5m | £2.8m |
| 31/12/2021 | £3.7m | £3.0m |
| 31/12/2020 | £3.4m | £2.8m |
Common questions
Is GREYHOUND TRUST financially healthy?
The accounts state that total funds decreased from £5,809,400 to £6,582,612 (note: text shows increase in total funds carried forward to 6,582,612 but unrestricted decreased; however, the text explicitly states 'Total funds at 31 December 2022... 6,582,612' in the summary table on page 4, while the balance sheet shows 6,582,612. Wait, page 4 says 'Total funds at 31 December 2022... 6,582,612'. Page 12 Balance Sheet shows Total Funds 6,582,612. The text on page 5 says 'The Fund balance at 31st December 2022 stood at £5,582,612'. There is a discrepancy in the OCR text between page 4/12 (6.5m) and page 5 (5.5m). I will use the Balance Sheet figure of £6,582,612 as the primary source for 'Total Funds', but note the unrestricted funds are £6,195,538. The charity is entirely dependent on voluntary contributions and experienced reduced income from the Greyhound Racing Industry. The trustees report that the charity is in a strong position to increase homing when the operating environment is conducive, despite post-pandemic financial instability. Its FY2022 accounts were audited by Marron Crocker Limited.