Finance Score: -3
Governance Score: -3
Support Score: 3
  • Poor Liquidity: -1
  • Multiple Deficits: -2
  • No volunteer policy: -2
  • Only 4 Trustees: -1
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: -3 ?

HONOURABLE SOCIETY OF GRAY'S INN TRUST FUND 

The Charity's principal activities are the provision of legal education and the running of a specialist legal library and chapel.
Analysis by Giving is Great

Positives:

  • The charity has received Government grants

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • Although this charity works with volunteers it does not have a Volunteer Management policy
  • There are only 4 trustees
  • Over half the Board have joined recently

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end
  • On several occasions in recent years income has been less than spending
Established: 32 years

www.graysinn.org.uk

dermot.doughty@graysinn.org.uk

02074587803

Charity Commission for England and WalesFacebookX
UN SDGs
?

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/12/22£2,296£2,253£44£0£310£2321.220300
31/12/21£2,035£2,221£-186£0£267£188120300
31/12/20£1,989£1,970£19£0£453£3742.319300
31/12/19£2,585£2,766£-181£0£434£2841.217483
31/12/18£2,348£2,242£106£0£615£4652.517395
31/12/17£2,334£2,301£33£0£509£4272.2160
31/12/16£2,329£2,324£5£0£425£3351.7160
31/12/15£2,544£3,066£-522£0£420£2400.9160
31/12/14£2,259£2,376£-117£0£942£8634.4160
31/12/13£3,363£2,697£666£0£1,059£9814.4160
31/12/12£2,586£2,576£11£0£393£3151.5170
31/12/11£2,645£2,596£49£0£383£3041.4160
31/12/10£2,603£2,486£117£0£334£2551.2160
31/12/09£2,502£2,415£87£0£209£1380.7170
31/12/08£2,327£2,304£23£0£122£510.3160
31/12/07£2,146£2,234£-87£0£99£990.5140
31/12/06£1,957£1,946£11£0£0£0n/a00
31/12/05£2,165£2,137£28£0£0£0n/a00
31/12/04£2,038£2,015£23£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £100,000-£110,000
Liabilities/Assets: 23%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 75%
Reserves/Spending: 1.2 months
Net Current Assets/Spending: 2 months
Quick Ratio: 0.8
Asset Split ?
Listed activities
  • Education/Training
  • Religious Activities
How it operates
  • Makes Grants to Organisations
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides human resources
  • Provides services
Where it operates
  • Throughout England And Wales,
Who it helps
  • Children/Young People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
Who works here?
  • 20 employees
  • 300 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (4)
Current Trustees appointed

Legal constitution
  • Charity registered in England & Wales on 16/10/1992, number: 1014798
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
19 returns made; all on time
Main office

THE HON SOCIETY OF GRAY'S INN
TREASURY OFFICE
8 SOUTH SQUARE
GRAY'S INN
LONDON
WC1R 5ET

Objectives

THE ADVANCEMENT OF LEGAL EDUCATION BY THE AWARD OF SCHOLARSHIPS, BURSARIES AND GRANTS BY THE PROVISION OF LIBRARY FACILITIES FOR THE PURPOSES OF ENABLING STUDENTS OF THE SOCIETY FROM ALL PARTS OF THE WORLD TO STUDY LAW AND TO FULFIL THE CONDITIONS REQUISITE FOR THE CONFERMENT OF THE DEGREE OF BARRISTER-AT-LAW

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great