Finance Score: -2

Governance Score: -4

Support Score: 0

Multiple Deficits: -2

No conflicts policy: -1
All male board: -3

No supporters identified

Overall GiG Score: -6

M.G.S. TRUST

The charity pays an annual bursary grant to the Manchester Grammar School leaving the school responsible for the allocation of the grant between those pupils deemed to qualify.

Analysis by Giving is Great

Positives:

Spending has increased over the last 3 years relative to the previous period

Regulatory & Governance issues to consider:

This charity does not have a Conflict of Interests policy
The Board is completely male

Financial issues to consider:

On several occasions in recent years income has been less than spending

Established: 58 years

gill@gilliangriffiths.co.uk

07814611352

Charity Commission for England and Wales

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
31/12/22		£2,468	£2,557	£-89	£0	£27,767	£0	n/a
31/12/21		£1,803	£2,437	£-634	£0	£31,043	£0	n/a
31/12/20		£1,893	£2,266	£-373	£0	£27,779	£0	n/a
31/12/19		£2,280	£2,252	£28	£0	£28,531	£0	n/a
31/12/18		£3,496	£2,120	£1,376	£0	£25,359	£0	n/a
31/12/17		£2,711	£2,096	£615	£0	£26,386	£0	n/a
31/12/16		£1,672	£2,055	£-383	£0	£24,457	£0	n/a
31/12/15		£3,225	£2,055	£1,170	£45	£22,770	£0	n/a
31/12/14		£1,528	£2,033	£-505	£45	£21,652	£0	n/a
31/12/13	*	£1,626	£1,994	£-368	£59	£22,333	£0	n/a
31/12/12		£2,826	£1,793	£1,033	£53	£20,397	£0	n/a
31/12/11		£1,825	£1,735	£90	£113	£18,185	£0	n/a
31/12/10		£2,740	£2,203	£537	£11	£18,344	£0	n/a
31/12/09		£3,156	£1,059	£2,096	£9	£16,422	£0	n/a
31/12/08		£3,156	£1,059	£2,096	£10	£14,547	£0	n/a
31/12/07		£3,482	£859	£2,624	£9	£15,093	£0	n/a
31/12/06		£1,766	£558	£1,208	£0	£0	£0	n/a
31/12/05		£1,368	£627	£741	£0	£0	£0	n/a
31/12/04		£1,830	£565	£1,265	£0	£0	£0	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 11.8%
Fundraising Costs/Total Spending: 6.3%
Highest pay band: Less than £60,000
Liabilities/Assets: 6%
Liabilities/Income: 66%
Unrestricted Funds/Total Funds: 0%
Reserves/Spending: 0 months
Net Current Assets/Spending: -1 months
Quick Ratio: 0.8

Asset Split ?

Listed activities

Education/Training

How it operates

Makes Grants to Organisations

Where it operates

Manchester City,

Who it helps

Other Defined Groups

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

ASHOK ABRAHAM KALLUMPRAM Appointed: 2021

IAN THORPE Appointed: 2018

JAMES HERBERT TULLY Appointed: 2017, Other trusteeship: THE BOOTH CHARITIES,

NIGEL JOHN RICHENS (Chair) Appointed: 2017

ROWLAND FRANCIS WARBURTON FLOWER Appointed: 2018

Legal constitution

Charity registered in England & Wales on 24/10/1966, number: 526564

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Investment

Filing Record

19 returns made; AR13: 80 days late,

Main office

MANCHESTER GRAMMAR SCHOOL
OLD HALL LANE
MANCHESTER
M13 0XT

Objectives

THE ADVANCEMENT OF EDUCATION BY EXPENDING THE CAPITAL AND INCOME OF THE TRUST FUND TO OR TOWARDS OR IN FURTHERANCE OR FOR THE BENEFIT OF SUCH ONE OR MORE EDUCATIONAL CHARITIES, EDUCATIONAL CHARITABLE INSTITUTIONS OR EDUCATIONAL CHARITABLE PURPOSE AS THE TRUSTEES SELECT OR THINK FIT.

Defined Area of Benefit:

NOT DEFINED

Data Sources