THE GRUMITT CHARITABLE TRUST
Provides scholarships to pupils attending Stoneyhurst CollegePay fees in respect of deserving pupils who otherwise would be unable to remain or attend Stoneyhurst College
Objects
(A) THE PROVISION OF SCHOLARSHIPS OF SUCH TYPE AND VALUE AS THE TRUSTEES THINK FIT TO BE AWARDED TO BOYS AT STONYHURST COLLEG; (C) TO MAKE PAYMENTS FOR THE FURTHERANCE OF THE EDUCATIONAL AIMS OF SCHOOLS OR COLLEGES IN AFRICA OR AUSTRALIA WHERE THE INSTRUCTION IS GIVEN WHOLLY OR IN PART BY THE MEMBERS OF THE SOCIETY OF JESUS
Financial health, per its FY2025 accounts
The accounts state that the charity's assets consist entirely of a professionally managed investment portfolio with zero unrestricted reserves held. The trustees report no uncertainties regarding the charity continuing as a going concern and confirm that the accounting records were kept in accordance with the Charities Act.
What the accounts disclose
“Trustees fees - 15,000 15,000 69,524” — page 10
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- 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
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 05/04/2021)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £63k | £109k |
| 05/04/2024 | £58k | £168k |
| 05/04/2023 | £150k | £176k |
| 05/04/2022 | £191k | £288k |
| 05/04/2021 | £2.2m | £2.1m |
Common questions
Is THE GRUMITT CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's assets consist entirely of a professionally managed investment portfolio with zero unrestricted reserves held. The trustees report no uncertainties regarding the charity continuing as a going concern and confirm that the accounting records were kept in accordance with the Charities Act. Its FY2025 accounts were independently examined.