Finance Score: -2
Governance Score: -4
Support Score: 0
  • Multiple Deficits: -2
  • No PartB
  • Static board: -3
  • Mainly male board: -1
  • No supporters identified
Overall GiG Score: -6 ?

GRAND PRIX TRUST 

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.
Analysis by Giving is Great

Regulatory & Governance issues to consider:

  • The Board is predominantly male
  • The Board composition appears to be rather static

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • On several occasions in recent years income has been less than spending

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£361£212£149n/an/an/an/an/a0
31/12/21£89£148£-59n/an/an/an/an/a0
31/12/20£164£143£21n/an/an/an/an/a0
31/12/19£289£288£1n/an/an/an/an/a0
31/12/18£129£214£-85£0£0£0n/a00
31/12/17£159£149£10£0£0£0n/a00
31/12/16£103£111£-8£0£0£0n/a00
31/12/15£117£118£-1£0£0£0n/a00
31/12/14£149£103£46£0£0£0n/a00
31/12/13?£249£150£99£0£0£0n/a00
30/06/12£147£79£67£0£0£0n/a00
30/06/11£152£109£43£0£0£0n/a00
30/06/10£134£62£71£0£0£0n/a00
30/06/09£133£49£83£0£0£0n/a00
30/06/08£119£89£29£0£0£0n/a00
30/06/07£76£48£28£0£0£0n/a00
30/06/06*£101£94£7£0£0£0n/a00
30/06/05*£58£43£15£0£0£0n/a00
30/06/04£42£55£-13£0£0£0n/a00

Highest pay bracket: less than £60,000
Established: 37 years

www.grandprixtrust.com

office@grandprixtrust.com

02078422000

Charity Commission for England and WalesFacebookX
UN SDGs
?
Listed activities
  • Education/Training
  • General Charitable Purposes
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Poverty relief
How it operates
  • Makes Grants to Individuals
Where it operates
  • Throughout England And Wales,
Who it helps
  • Other Defined Groups

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (10)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 20/05/1987, number: 327454
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Conflicting interests
  • Investment
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
19 returns made; AR06: 9 days late, AR05: 2 days late,
Main office

6 NEW STREET SQUARE
LONDON
EC4A 3AQ

Objectives

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.

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

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