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GRACE CHARITABLE TRUST

Registered charity 292984 · accounts filings on the Charity Commission register

Latest income
£2.7m
Latest spending
£2.5m
Registered
1985
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the Charity's unrestricted funds decreased from £3,854,750 to £3,652,481 due to a net expenditure of £202,269, driven by a loss on investment revaluations and increased grant-making. The Trustees report that the level of free reserves is considered appropriate to meet reserve requirements and cover governance costs. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: a significant level of Reserves and that free Reserves should enable larger one off donations to be made without the need for drawing down capital investments (held: £3.7m)
“The reserves policy determines that the Charity will maintain a significant level of Reserves and that free Reserves should enable larger one off donations to be made without the need for drawing down capital investments. The level of free Reserves compared to donations made in the period is considered appropriate to meet the Reserve requirements and provide sufficient funds to meet Grants and cover the Charity's Governance Costs.” — page 4
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Michael Donnan & Co Limited.

Structured financials (annual return, FY ending 30/04/2025)

Total income
£2.7m
Total spending
£2.5m
Cost of raising funds
£29k
Reserves (reported)
£4.4m
Employees
1

Reported reserves equal ~21.4 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/04/2025£2.7m£2.5m
30/04/2024£2.4m£1.9m
30/04/2023£1.2m£1.3m
30/04/2022£1.1m£1.1m
30/04/2021£2.1m£893k

Common questions

Is GRACE CHARITABLE TRUST financially healthy?

The accounts state that the Charity's unrestricted funds decreased from £3,854,750 to £3,652,481 due to a net expenditure of £202,269, driven by a loss on investment revaluations and increased grant-making. The Trustees report that the level of free reserves is considered appropriate to meet reserve requirements and cover governance costs. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Michael Donnan & Co Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
BEIS MENACHEM CHABAD LUBAVITCH1£102k
YESHIVAS LUBAVITCH MANCHESTER1£20k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE GRACE TRUST.