GRACE CHARITABLE TRUST
Christian Based ActivitiesEducationSocial & MedicalGeneral charitable purposes
Objects
SUPPORT OF CHARITABLE INSTITUTIONS AND GENERAL CHARITABLE PURPOSES.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £241,461 for the year ended 30 April 2025, resulting in total unrestricted funds of £4,418,901. The trustees report that the level of free reserves is considered appropriate to meet reserve requirements, provide sufficient funds for grants, 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
“Donations including Gift Aid amounted to £2,688,266.”
“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.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- 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
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/04/2023
- Grant-making is its main activity
Structured financials (annual return, FY ending 30/04/2025)
Trustees
- ANGELA MARY CLARICE PAYNE
- ANNESLEY WRIGHT
- ERIC PAYNE OBE
- MARK STEVEN MITCHELL
- ROBERT BRISCO MACGREGOR QUAYLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £241,461 for the year ended 30 April 2025, resulting in total unrestricted funds of £4,418,901. The trustees report that the level of free reserves is considered appropriate to meet reserve requirements, provide sufficient funds for grants, 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 FY2025 accounts were audited by Michael Donnan & Co Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOSPEL PARTNERS TRUST | 1 | £4k |
Charities like this
- THE GRACE TRUST
- GRACE CHARITIES TRUST
- GRACE CHARITY
- GRACE CHURCH MANCHESTER
- GRACE COMMUNITY CHURCH - DOWNHAM MARKET
- GRACE COMMUNITY CHURCH LOFTUS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GRACE CHARITABLE TRUST | £2.7m | — | 0 | above | — | no doubt |
| THE GRACE TRUST | £68.2m | — | 0 | unclear | — | no doubt |
| GRACE CHARITIES TRUST | £1.5m | — | 0 | unclear | — | no doubt |
| GRACE CHARITY | £44k | — | 0 | unclear | — | no doubt |
| GRACE CHURCH MANCHESTER | £184k | — | — | unclear | — | no doubt |
| GRACE COMMUNITY CHURCH - DOWNHAM MARKET | £55k | — | 0 | unclear | — | no doubt |