GRAND PRIX TRUST

Charity number: 327454
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

For over 3 decades the Grand Prix Trust has provided support for Formula 1's unsung heroes helping team personnel to put their lives back on track when things go wrong. Our mission now is to broaden this support to the wider motorsport family and consider all the current and former employees, along with their immediate families, of the businesses that supply and work alongside the F1 industry.

Income and expenditure

Data for financial year ending 31 December 2023

Total income: £348,884
Total expenditure: £232,559

People

10 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
Who the charity helps:
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Individuals
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 20 May 1987: Standard registration
Organisation type:
Other
Other names:
  • THE GRAND PRIX MECHANICS CHARITABLE TRUST (Previous name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • 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
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Karin Fink Trustee 29 April 2019
None on record
ROSS BRAWN Trustee 22 September 2017
THE HEDERA CHARITABLE TRUST
Received: On time
CHRISTOPHER BLISS Trustee 21 September 2017
RACE AGAINST DEMENTIA
Received: On time
Jonathan Wheatley Trustee 28 June 2016
None on record
PETER JOHN HAMLYN Trustee 19 August 2014
PODIUM ANALYTICS
Received: On time
MARK DAVID SMITH Trustee 19 August 2014
None on record
JAMES ALLEN Trustee 15 April 2007
None on record
PATRICK MICHAEL CHARLES HEAD Trustee 16 May 2000
None on record
MARTIN BRUNDLE Trustee 15 November 1996
None on record
MICHAEL JAKEMAN Trustee 15 November 1996
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £289.33k £163.81k £89.34k £361.30k £348.88k
Total expenditure £288.21k £143.29k £147.88k £212.45k £232.56k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 30 October 2024 On Time
Accounts and TAR 31 December 2023 30 October 2024 On Time Download Open in new window
Annual return 31 December 2022 30 October 2023 On Time
Accounts and TAR 31 December 2022 30 October 2023 On Time Download Open in new window
Annual return 31 December 2021 26 October 2022 On Time
Accounts and TAR 31 December 2021 26 October 2022 On Time Download Open in new window
Annual return 31 December 2020 20 October 2021 On Time
Accounts and TAR 31 December 2020 20 October 2021 On Time Download Open in new window
Annual return 31 December 2019 29 October 2020 On Time
Accounts and TAR 31 December 2019 29 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

DEED OF SETTLEMENT DATED 12 FEBRUARY 1987 AS AMENDED ON 3 FEBRUARY 2015

Charitable objects

THE RELIEF OF POVERTY AMONG NECESSITOUS GRAND PRIX MECHANICS AND FORMER GRAND PRIX MECHANICS AND THE WIVES, WIDOWS, CHILDREN AND OTHER DEPENDANTS OF SUCH PERSONS AND FOR SUCH CHARITABLE OBJECTS OR PURPOSES AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
6 NEW STREET SQUARE
LONDON
EC4A 3AQ
Phone:
02078422000
Email:
office@grandprixtrust.com
Website:

www.grandprixtrust.com Open in new window