EQUITY CHARITABLE TRUST
Principal activities at the present time are to provide welfare and educational grants for professional performers. The charity also provides the services of a welfare rights and debt adviser for the benefit of professional performers.
Objects
1) TO PROMOTE, MAINTAIN IMPROVE AND ADVANCE EDUCATION PARTICULARLY BY THE ENCOURAGEMENT OF THE ARTS AND THE PROMOTION, PRESENTATION, PROTECTION AND DEVELOPMENT OF PERFORMING ARTS AND THE RAISING BY CHARITABLE MEANS OF FUNDING THEREFORE AND ITS PROVISION FOR SUCH PURPOSES. II) TO PROMOTE AND PROVIDE FOR THE WELFARE AND HEALTH (BOTH PHYSICAL AND MENTAL) OF PROFESSIONAL PERFORMERS AND FORMER PERFORMERS (WITH SPECIAL REFERENCE TO MEMBERS AND FORMER MEMBERS OF BRITISH ACTORS EQUITY ASSOCIATION) THEIR RELATIVES AND DEPENDANTS AND OTHERS CONNECTED WITH THEM WHO ARE SICK OR IN NEED OF SUCH PROVISION BY ANY CHARITABLE MEANS AND TO RAISE AND DISBURSE FUNDS FOR SUCH PURPOSES.
Financial health, per its FY2026 accounts
The accounts state that free reserves stood at £12,570,924, which is in excess of the trustees' stated policy target of approximately £450,000 (six months of operating costs). Although the charity reported an operating deficit before investment gains, it holds substantial unrestricted net assets of £12,651,174, primarily held in listed investments, ensuring financial stability.
What the accounts disclose
“The Trust is reliant upon the income from its investments. This was £517,182” — page 8
“The Trustees, having considered the financial risks, have set a reserves policy which aims to maintain free reserves at a level sufficient to cover six months of operating costs which is approximately £450,000.” — page 9
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- 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
- Paying staff
- Risk management
- Serious incident reporting 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 31/03/2026
- Volunteers: 2
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 2
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 2
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- David John Steele
- Harold Finley
- Helen Louise Grainger
- Joseph Ballard
- Julia Carson Sims
- Nicholas Guy Chambers
- Roshani Abbey
- Shenagh Govan
- Stephen Nigel Gilchrist
- William Cummings Thompson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £590k | £756k |
| 31/03/2025 | £578k | £953k |
| 31/03/2024 | £489k | £953k |
| 31/03/2023 | £584k | £770k |
| 31/03/2022 | £732k | £756k |
Common questions
Is EQUITY CHARITABLE TRUST financially healthy?
Per its FY2026 accounts: The accounts state that free reserves stood at £12,570,924, which is in excess of the trustees' stated policy target of approximately £450,000 (six months of operating costs). Although the charity reported an operating deficit before investment gains, it holds substantial unrestricted net assets of £12,651,174, primarily held in listed investments, ensuring financial stability. Its FY2026 accounts were audited by Nyman Libson Paul LLP.
Who funds EQUITY CHARITABLE TRUST?
Funders whose own accounts filings name EQUITY CHARITABLE TRUST as a grant recipient include THE GEORGE GOODSIR CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE GEORGE GOODSIR CHARITABLE TRUST | FY2025 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BACKSTAGE TRUST | 1 | £1.6m |
| THE GATSBY CHARITABLE FOUNDATION | 1 | £1.3m |
| MOONDANCE FOUNDATION | 1 | £750k |
| HUO FAMILY FOUNDATION (UK) LIMITED | 1 | £204k |
| UBS UK Donor-Advised Foundation | 1 | £182k |
| THE ROZAC CHARITABLE TRUST | 1 | £12k |
| THE JOHN COATES CHARITABLE TRUST | 1 | £10k |
| MARTIN CHARITABLE TRUST | 1 | £6k |
Charities like this
- ED DE NUNZIO CHARITABLE TRUST
- THEATRE DEVELOPMENT TRUST
- M O CHARITABLE TRUST
- E B M CHARITABLE TRUST
- BOOST CHARITABLE TRUST
- THE ELLISON-CLIFFE CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EQUITY CHARITABLE TRUST | £590k | — | 0 | unclear | — | no doubt |
| ED DE NUNZIO CHARITABLE TRUST | £118k | — | 0 | unclear | — | no doubt |
| THEATRE DEVELOPMENT TRUST | £434k | — | 0 | above | — | no doubt |
| M O CHARITABLE TRUST | £146k | — | 0 | within | — | no doubt |
| E B M CHARITABLE TRUST | £1.9m | — | 0 | above | — | no doubt |
| BOOST CHARITABLE TRUST | £263k | — | 0 | above | — | no doubt |