MOUNTSORREL UNITED CHARITIES
Invests funds and distributes income to other charities.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £1,177,007 for the year ended 31 December 2024, driven by significant gains on investment assets. Per the trustees' report, free unrestricted reserves stood at £91,088, which is below the stated policy target of approximately one year’s unrestricted management, administration and support costs.
What the accounts disclose
“It is the policy of the charity to maintain funds that are free reserves at a level that equates to approximately one year’s unrestricted management, administration and support costs.” — page 11
“As well as being trustees of Mountsorrel United Charities, Reverend Colin Ernst Resch and Megan Pirt are Trustees of Mountsorrel Educational Fund.” — page 29
“The trustees of Mountsorrel Relief in Need Charity and the Charity of Hugh Phipps are the same as for Mountsorrel United Charities.” — page 29
“As well as being trustees of Mountsorrel United Charities, Reverend Colin Ernst Resch and Megan Pirt are Trustees of Mountsorrel Educational Fund.” — page 29
“The trustees of Mountsorrel Relief in Need Charity and the Charity of Hugh Phipps are the same as for Mountsorrel United Charities.” — page 29
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- David Mark Gallagher
- David Winsor
- Edward Philip Shaw
- George Overton
- Jayne Elizabeth Ilett
- MEGAN PIRT
- Paul Albert Harris
- Rev Colin Ernst Resch
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £553k | £299k |
| 31/12/2023 | £415k | £394k |
| 31/12/2022 | £1.1m | £803k |
| 31/12/2021 | £318k | £750k |
| 31/12/2020 | £355k | £748k |
Common questions
Is MOUNTSORREL UNITED CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £1,177,007 for the year ended 31 December 2024, driven by significant gains on investment assets. Per the trustees' report, free unrestricted reserves stood at £91,088, which is below the stated policy target of approximately one year’s unrestricted management, administration and support costs. Its FY2024 accounts were audited by Somerbys Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
Charities like this
- MOUNTSORREL CHURCH OF ENGLAND FUND
- H M SASSOON CHARITABLE TRUST
- MOUNTSORREL EDUCATIONAL FUND
- ST SEPULCHRE (FINSBURY) UNITED CHARITIES
- CAERSALEM EVANGELICAL CHURCH GORSEINON
- UNION OF WELSH INDEPENDENTS INCORPORATED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MOUNTSORREL UNITED CHARITIES | £553k | — | 0 | unclear | — | no doubt |
| MOUNTSORREL CHURCH OF ENGLAND FUND | £101k | — | 0 | within | — | no doubt |
| H M SASSOON CHARITABLE TRUST | £124k | — | 0 | unclear | — | no doubt |
| MOUNTSORREL EDUCATIONAL FUND | £152k | — | 0 | unclear | — | no doubt |
| ST SEPULCHRE (FINSBURY) UNITED CHARITIES | £225k | — | 0 | above | — | no doubt |
| CAERSALEM EVANGELICAL CHURCH GORSEINON | £201k | Under £60,000 | 0 | above | — | no doubt |