ST. MARY'S DEVELOPMENT TRUST
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £14,286,631, supported by investment gains of £1,113,353 and investment income of £313,202. Charitable expenditure rose to £269,373, resulting in a net income of £1,157,181 for the year. The trustees confirm adequate resources for going concern, with unrestricted reserves significantly exceeding the stated policy target of approximately £31,000.
What the accounts disclose
“The Trustees' policy is to retain free reserves which are at least sufficient to cover one year’s total expenditure excluding grants, which equates to approximately £31,000.” — page 5
Trustees
- BNS BARBARA YOUNG
- DR SHEILA D'SOUZA
- Dr JONATHAN MARTIN HOARE
- MICHAEL GATENBY
- PROFESSOR DAFYDD THOMAS
- PROFESSOR DESMOND JOHNSTON
- PROFESSOR MARK RICHARD THURSZ
- Professor GARETH TUDOR-WILLIAMS
- Professor Graham Stephen Cooke
- Professor SARAH JANE FIDLER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £313k | £269k |
| 31/07/2024 | £297k | £114k |
| 31/07/2023 | £348k | £404k |
| 31/07/2022 | £307k | £91k |
| 31/07/2021 | £243k | £204k |
Common questions
Is ST. MARY'S DEVELOPMENT TRUST financially healthy?
The accounts state that total funds increased to £14,286,631, supported by investment gains of £1,113,353 and investment income of £313,202. Charitable expenditure rose to £269,373, resulting in a net income of £1,157,181 for the year. The trustees confirm adequate resources for going concern, with unrestricted reserves significantly exceeding the stated policy target of approximately £31,000. Its FY2025 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COUNTY AIR AMBULANCE TRUST | 1 | £354k |
| PARKINSON'S DISEASE SOCIETY OF THE UNITED KINGDOM | 1 | £169k |
| MATER ECCLESIAE CIO | 1 | £50k |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £4k |
| G F EYRE CHARITABLE TRUST | 1 | £1k |