GRAND PRIX TRUST

Registered charity 327454 · accounts filings on the Charity Commission register · also known as THE GRAND PRIX MECHANICS CHARITABLE TRUST

For over 3 decades the Grand Prix Trust has provided support for Formula 1's unsung heroes helping team personnel to put their lives back on track when things go wrong. Our mission now is to broaden this support to the wider motorsport family and consider all the current and former employees, along with their immediate families, of the businesses that supply and work alongside the F1 industry.

Objects

THE RELIEF OF POVERTY AMONG NECESSITOUS GRAND PRIX MECHANICS AND FORMER GRAND PRIX MECHANICS AND THE WIVES, WIDOWS, CHILDREN AND OTHER DEPENDANTS OF SUCH PERSONS AND FOR SUCH CHARITABLE OBJECTS OR PURPOSES AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · website · Get email alerts

Financial health, per its FY2024 accounts

The charity holds unrestricted reserves of £3,239,965, which the trustees aim to maintain around £3 million to meet anticipated future demand for support. The accounts state that the charity is a going concern with no material uncertainties identified by the trustees or the independent auditor.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Martlet Audit Limited. Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Complaints 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
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

Public fundraising profile: JustGiving — Grand Prix Trust (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

• Andrew Stevenson
• Bernadette Collins
• CHRISTOPHER JAN ANDREW BLISS · trustee of 2 other charities
• JAMES ALLEN
• Jonathan Wheatley
• Karin Fink
• MARK DAVID SMITH
• MARTIN BRUNDLE
• MICHAEL JAKEMAN
• PATRICK MICHAEL CHARLES HEAD
• PETER JOHN HAMLYN · trustee of 1 other charity
• ROSS BRAWN · trustee of 1 other charity

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

Operates in: Throughout England And Wales

Income and spending

Common questions

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with BRITISH MOTOR SPORTS TRAINING TRUST.

• BRITISH MOTOR SPORTS TRAINING TRUST income £122k
• THE FARTHING TRUST income £501k
• THE LEONARDO TRUST income £10.8m
• THE GALANTHUS TRUST income £370k
• THE ROBERT GRACE TRUST income £245k
• THE GRANT FOUNDATION income £185k

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.