THE GIRDLERS' COMPANY CHARITABLE TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity had total funds of £3,122,060 at the year end, with unrestricted reserves of £2,782 and endowment funds of £3,119,278. The trustees report that the charity is utilizing its accumulated reserves to fund commitments and plans to increase charitable giving by 2% year on year, maintaining a cash balance of approximately £250,000. The auditor confirmed that the use of the going concern basis is appropriate with no material uncertainties identified.
What the accounts disclose
“The Girdlers’ Company is the Trustee of the Charity. It receives neither remuneration nor expenses for services provided as Trustee.”
“The Girdlers’ Company maintains a central payroll system for all employees. Salary and wages costs totaling £106,234 (2022: £91,439) are reflected in the accounts. An amount of £8,365 (2022: £12,319) was due to The Girdlers’ Company at 29 September 2023.” — page 26
“The Girdlers’ Company is the Trustee of the Charity. It receives neither remuneration nor expenses for services provided as Trustee.”
“The Girdlers’ Company maintains a central payroll system for all employees. Salary and wages costs totaling £106,234 (2022: £91,439) are reflected in the accounts. An amount of £8,365 (2022: £12,319) was due to The Girdlers’ Company at 29 September 2023.” — page 26
“The Girdlers’ Company is the Trustee of the Charity. It receives neither remuneration nor expenses for services provided as Trustee.”
“The Girdlers’ Company maintains a central payroll system for all employees. Salary and wages costs totaling £106,234 (2022: £91,439) are reflected in the accounts. An amount of £8,365 (2022: £12,319) was due to The Girdlers’ Company at 29 September 2023.” — page 26
“The Girdlers’ Company is the Trustee of the Charity. It receives neither remuneration nor expenses for services provided as Trustee.”
“The Girdlers’ Company maintains a central payroll system for all employees. Salary and wages costs totaling £106,234 (2022: £91,439) are reflected in the accounts. An amount of £8,365 (2022: £12,319) was due to The Girdlers’ Company at 29 September 2023.” — page 26
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 29/09/2025 | £447k | £1.1m |
| 29/09/2024 | £104k | £943k |
| 29/09/2023 | £121k | £976k |
| 29/09/2022 | £140k | £959k |
| 29/09/2021 | £146k | £861k |
Common questions
Is THE GIRDLERS' COMPANY CHARITABLE TRUST financially healthy?
The accounts state that the charity had total funds of £3,122,060 at the year end, with unrestricted reserves of £2,782 and endowment funds of £3,119,278. The trustees report that the charity is utilizing its accumulated reserves to fund commitments and plans to increase charitable giving by 2% year on year, maintaining a cash balance of approximately £250,000. The auditor confirmed that the use of the going concern basis is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| M B FOUNDATION (ALSO KNOWN AS MOSSAD HORAV MOSHE ARYEH HALEVY) | 1 | £260k |
| NER FOUNDATION | 1 | £144k |
| THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION | 1 | £80k |
| SAMJO LIMITED | 1 | £76k |
| BROOM FOUNDATION | 1 | £73k |
| B K CHARITABLE TRUST | 1 | £72k |
| LONIA LIMITED | 1 | £69k |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £50k |