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MORTHYNG LIMITED

Registered charity 1000381 · accounts filings on the Charity Commission register · also known as MORTHYNG EMPLOYMENT TRAINING LIMITED

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Latest income
£3.1m
Latest spending
£2.9m
Registered
1990
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total unrestricted reserves stood at £3,281,578, exceeding the specific minimum reserves policy targets agreed by the Board which totaled approximately £1,528,376. The charity reported a net income surplus of £599,786 for the year, with the trustees confirming the financial standing is stable and the organization is in its best operational and financial position since 2006.

What the accounts disclose

Payments to trustees: Responsibility allowances paid to seven trustees
“Responsibility allowances for the year of £2,753 (2023: £2,619) were paid to seven trustees (2023: six).” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loan to CEO
“During the year an interest free loan of £4,000 was made to C MacCormac MBE (CEO). This was repaid in full prior to the year end.” — page 30
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Hart Shaw LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£3.1m
Total spending
£2.9m
Reserves (reported)
£3.5m
Employees
49

Reported reserves equal ~14.1 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northamptonshire · Rotherham · Warrington · Warwickshire · Wirral

Income and spending

Financial year endIncomeSpending
31/07/2025£3.1m£2.9m
31/07/2024£3.2m£2.6m
31/07/2023£3.3m£2.7m
31/07/2022£2.8m£2.6m
31/07/2021£2.7m£2.5m

Common questions

Is MORTHYNG LIMITED financially healthy?

The accounts state that total unrestricted reserves stood at £3,281,578, exceeding the specific minimum reserves policy targets agreed by the Board which totaled approximately £1,528,376. The charity reported a net income surplus of £599,786 for the year, with the trustees confirming the financial standing is stable and the organization is in its best operational and financial position since 2006. Its FY2024 accounts were audited by Hart Shaw LLP.