THE A B GRACE TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £10,780 for the year ended 31 December 2023, resulting in total funds decreasing from £1,308,731 to £1,166,608. The trustees aim to maintain reserves to ensure income for future needs, with unrestricted reserves standing at £33,394. The independent examiner confirmed that no material matters came to their attention regarding the accounts or accounting records.
What the accounts disclose
“The Trustees aim to maintain the reserves of the Trust so as to ensure that income available to meet future needs is maintained.” — page 3
Trustees
- Gordon Walker Bell
- James Ian Dickinson
- Paul David Grimwood
- Sandra Dorothy Walmsley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £121k | £62k |
| 31/12/2024 | £100k | £73k |
| 31/12/2023 | £62k | £73k |
| 31/12/2022 | £49k | £54k |
| 31/12/2021 | £43k | £51k |
Common questions
Is THE A B GRACE TRUST financially healthy?
The accounts state that the charity reported a net expenditure of £10,780 for the year ended 31 December 2023, resulting in total funds decreasing from £1,308,731 to £1,166,608. The trustees aim to maintain reserves to ensure income for future needs, with unrestricted reserves standing at £33,394. The independent examiner confirmed that no material matters came to their attention regarding the accounts or accounting records. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LEGAL EDUCATION FOUNDATION | 1 | £105k |
| THE BARROW CADBURY TRUST | 1 | £100k |