THE GRIMMITT TRUST

Registered charity 801975 · accounts filings on the Charity Commission register

Makes grants to charitable causes within the scope of the Trust Deed to encourage and strengthen community activities in Birmingham, Dudley,Wolverhampton and Walsall postcode areas.The Trust does not normally support national charities, CICs or social enterprises.

Objects

TO OR FOR SUCH BODIES INSTITUTIONS AND PURPOSES AS ARE EXCLUSIVELY CHARITABLE IN LAW AND IN SUCH SHARES AND PROPORTIONS AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION DETERMINE.

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 · Disability · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Grant history (this charity is a funder) · Get email alerts

Latest income
£587k
Latest spending
£373k
Registered
1989
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves increased to £760,938, while the charity reported a net decrease in total funds of £642,954 due to investment market volatility. The Trustees note that the number of grants awarded remains 21% lower than in 2020 due to a lack of return to pre-pandemic application levels. Despite this, the Trust maintained grant awards totaling £342,130 and cites this as a significant achievement.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income (43% of income)
“This was largely due to a £250,000 dividend received from the unquoted investment in Kite Connexion Holdings Ltd in the year” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: unclear (held: £761k)
“The Trustees annually review the level of reserves retained in unrestricted funds, which are retained to the extent considered necessary to ensure that adequate funds are available to cover future unforeseen eventualities.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Kite Connexion Limited, Static Safe Environments Limited
“The unquoted investment represents the Trust’s 50% holding in Kite Connexion Holdings Limited and its trading subsidiaries Kite Connexion Limited and Static Safe Environments Limited.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Malcolm Piper and Company Limited. Discloses 4 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.

Structured financials (annual return, FY ending 05/04/2025)

Total income
£587k
Total spending
£373k
Reserves (reported)
£761k
Employees
0

Reported reserves equal ~24.5 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Birmingham City · Dudley · Solihull · Walsall · Wolverhampton

Income and spending

Financial year endIncomeSpending
05/04/2025£587k£373k
05/04/2024£431k£371k
05/04/2023£328k£368k
05/04/2022£371k£342k
05/04/2021£304k£310k

Common questions

Is THE GRIMMITT TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £760,938, while the charity reported a net decrease in total funds of £642,954 due to investment market volatility. The Trustees note that the number of grants awarded remains 21% lower than in 2020 due to a lack of return to pre-pandemic application levels. Despite this, the Trust maintained grant awards totaling £342,130 and cites this as a significant achievement. Its FY2025 accounts were audited by Malcolm Piper and Company Limited.