GILCHRIST EDUCATIONAL TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £4,420 for the year ended 29th February 2024, with total income of £109,065 and expenditure of £104,645. Per the trustees' report, unrestricted reserves decreased by £163,966 to a carried-forward balance of £1,987,116, driven by investment losses. The trustees maintain that resources are adequate to continue operations on a going concern basis.
What the accounts disclose
“The only funds held in reserve are those required to avoid cash flow problems. It is the aim of the Trustees to distribute in grants all the income received from the Trust's investments, save that required to meet the cost of administration” — page 6
Trustees
- CHARLES EDWARD SAMUEL WHITBREADchair
- Dr John Henry Hemming DLitt CMG
- PROFESSOR F L PEARCE
- Professor Brendan John Godley
- SHANE WINSER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £116k | £105k |
| 29/02/2024 | £109k | £105k |
| 28/02/2023 | £152k | £89k |
| 28/02/2022 | £87k | £79k |
| 28/02/2021 | £78k | £73k |
Common questions
Is GILCHRIST EDUCATIONAL TRUST financially healthy?
The accounts state that the charity reported a surplus of £4,420 for the year ended 29th February 2024, with total income of £109,065 and expenditure of £104,645. Per the trustees' report, unrestricted reserves decreased by £163,966 to a carried-forward balance of £1,987,116, driven by investment losses. The trustees maintain that resources are adequate to continue operations on a going concern basis. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BAREFOOT COLLEGE INTERNATIONAL UK | 1 | £60k |
| THE HAPPY BABY COMMUNITY | 1 | £14k |