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MARTHA TRUST HEREFORD LIMITED

Registered charity 1053448 · accounts filings on the Charity Commission register

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Latest income
£5.2m
Latest spending
£5.3m
Registered
1996
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net incoming resource of £344,417 for the year ended 31 March 2023, resulting in total net assets of £9,146,618. The trustees maintain a reserves policy of holding at least 12 months of expenditure, with undesignated free reserves standing at £3,185,259. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: at least 12 months of expenditure (held: £3.2m)
“The trustees aim to hold at least 12 months of expenditure within reserves.” — page 4
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Thorne Widgery Accountancy Ltd. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£5.2m
Total spending
£5.3m
Reserves (reported)
£3.0m
Employees
134

Reported reserves equal ~6.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

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

Operates in: Herefordshire

Income and spending

Financial year endIncomeSpending
31/03/2025£5.2m£5.3m
31/03/2024£4.9m£5.2m
31/03/2023£4.7m£4.3m
31/03/2022£4.4m£4.1m
31/03/2021£4.2m£4.4m

Common questions

Is MARTHA TRUST HEREFORD LIMITED financially healthy?

The accounts state that the charity reported a net incoming resource of £344,417 for the year ended 31 March 2023, resulting in total net assets of £9,146,618. The trustees maintain a reserves policy of holding at least 12 months of expenditure, with undesignated free reserves standing at £3,185,259. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Thorne Widgery Accountancy Ltd.