THE GRANT FOUNDATION

Charity number: 1084915
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

It is the policy of the Trust to make grants to institutions and individuals in accordance with the objects of the Trust for charitable causes from funds available for distribution.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£1,080,484

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Donations and legacies £1.03m
Charitable activities £0
Other trading activities £0
Investments £47.34k
Other £0

Total expenditure:
£1,087,673

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Raising funds £0
Charitable activities £1.09m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £0
Charitable expenditure £1.09m

People

6 Trustee(s)

Employees with total benefits over £60,000

No information available

Fundraising

No information available

Trading

This charity does not have any trading 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 Prevention Or Relief Of Poverty
  • Religious Activities
Who the charity helps:
  • Children/young People
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 07 February 2001: Standard registration
Organisation type:
Trust
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Investment
  • Risk management
  • Volunteer management
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

6 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Alastair Simon Grant Trustee 03 July 2014
None on record
GARY PETER GRANT Trustee
None on record
CATHERINE ANN GRANT Trustee
RESTORE HOPE
Received: On time
DUNCAN PETER GRANT Trustee
None on record
STUART GRANT Trustee
None on record
ANNA LUCY WARNER-MCLOUGHLIN Trustee
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 £590.00k £30.00k £100.00k £1.20m £1.08m
Total expenditure £615.60k £41.25k £72.56k £635.31k £1.09m
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
Income - Donations and legacies £590.00k N/A N/A £1.20m £1.03m
Income - Other trading activities £0 N/A N/A £0 £0
Income - Charitable activities £0 N/A N/A £0 £0
Income - Endowments £0 N/A N/A £0 £0
Income - Investment £0 N/A N/A £0 £47.34k
Income - Other £0 N/A N/A £0 £0
Income - Legacies £0 N/A N/A £0 £0
Expenditure - Charitable activities £615.60k N/A N/A £629.01k £1.09m
Expenditure - Raising funds £0 N/A N/A £0 £0
Expenditure - Governance £1.10k N/A N/A £0 £6.45k
Expenditure - Grants institution £614.50k N/A N/A £629.01k £1.08m
Expenditure - Investment management £0 N/A N/A £0 £0
Expenditure - Other £0 N/A N/A £6.30k £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £0 N/A N/A £0 £0
Long-term investments £0 N/A N/A £0 £0
Other assets £79.43k N/A N/A £728.72k £647.98k
Defined benefit pension scheme asset or liability £0 N/A N/A £0 £0
Total liabilities £67.90k N/A N/A £136.30k £62.75k

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 31 October 2024 On Time
Accounts and TAR 31 December 2023 31 October 2024 On Time Download Open in new window
Annual return 31 December 2022 21 December 2023 51 days late
Accounts and TAR 31 December 2022 21 December 2023 51 days late Download Open in new window
Annual return 31 December 2021 20 October 2022 On Time
Accounts and TAR 31 December 2021 20 October 2022 On Time Download Open in new window
Annual return 31 December 2020 29 June 2021 On Time
Accounts and TAR 31 December 2020 29 June 2021 On Time Download Open in new window
Annual return 31 December 2019 19 October 2020 On Time
Accounts and TAR 31 December 2019 19 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.

TRUST DEED DATED 11 SEPTEMBER 2000

Charitable objects

1) THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST TO PAY APPLY OR ALLOCATE THEM TO OR FOR THE BENEFIT OF SUCH CHARITY OR CHARITIES OR FOR SUCH CHARITABLE PURPOSE OR PURPOSES AS THE TRUSTEES MAY FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION SELECT AND IN SUCH SHARES AND SUCH MANNER AS THEY MAY FROM TIME TO TIME DETERMINE. 2) NOTWITHSTANDING THE GENERALITY OF SUB CLAUSE 4.1 THE TRUSTEES MAY PAY OR APPLY THE INCOME OF THE TRUST FUND IN THE ADVANCEMENT OF THE CHRISTIAN FAITH AND SPECIFICALLY IN ONE OR MORE OF THE FOLLOWING WAYS WITHIN OR OUTSIDE GREAT BRITAIN AND NORTHERN IRELAND: - 2.1) THE ADVANCEMENT OF EDUCATION OF CHILDREN AND YOUNG PEOPLE IN ACCORDANCE WITH THE DOCTRINES OF THE CHRISTIAN FAITH, BEING EVANGELICAL IN NATURE; 2.2) ASSISTING INDIVIDUALS AND GROUPS WHOSE PROVISION OFFERS HOPE TO SOCIALLY DISADVANTAGED CHILDREN AND YOUNG PEOPLE; 2.3) ASSISTING CHILDREN AND YOUNG PEOPLE WHO ARE IN FINANCIAL NEED TO RECEIVE SUPPORT AND TRAINING TO BETTER LIVES; 3) IN DECIDING WHETHER OR NOT TO EXERCISE THIS POWER THE TRUSTEES SHALL BE ENTITLED TO REGARD ONLY THE BENEFIT OF SUCH CHARITY OR CHARITIES AND TO DISREGARD THE INTERESTS OF ALL OTHER CHARITIES WHICH MIGHT OTHERWISE HAVE BENEFITED.

Area of benefit

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

NOT DEFINED. IN PRACTICEWORLDWIDE.

Contact information

Address:
Haddon House
38 High Street
AMERSHAM
Buckinghamshire
HP7 0DJ
Phone:
01494 737037
Email:
No information available
Website:

No information available