THE DROMINTEE TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity holds total unrestricted reserves of £3,544,500, representing a net increase of £151,785 from the previous year. The trustees confirm that assets are adequate to meet obligations and there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity reported total income of £889,201 against charitable expenditure of £847,556, resulting in a surplus that was added to the accumulated fund.
What the accounts disclose
“The Charity has investments in and receives dividends from Charles Street Buildings (Leicester) Limited, and Charles Street Buildings Properties Limited, companies in which Hugh Patrick Murphy, Margaret Ann Murphy, Mary Agnes Middleton, Patrick Hugh Murphy and Joseph John Murphy are directors and shareholders.” — page 22
“The Charity has investments in and receives dividends from Charles Street Buildings (Leicester) Limited, and Charles Street Buildings Properties Limited” — page 22
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- HUGH PATRICK MURPHYchair
- JOSEPH JOHN MURPHY
- MARGARET ANN MURPHY
- Mary Agnes Middleton
- PATRICK HUGH MURPHY
- PAUL TIERNAN
- ROBERT HENRY SMITH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £717k | £1.2m |
| 31/03/2024 | £1.2m | £1.1m |
| 31/03/2023 | £889k | £848k |
| 31/03/2022 | £344k | £433k |
| 31/03/2021 | £534k | £500k |
Common questions
Is THE DROMINTEE TRUST financially healthy?
The accounts state that the charity holds total unrestricted reserves of £3,544,500, representing a net increase of £151,785 from the previous year. The trustees confirm that assets are adequate to meet obligations and there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity reported total income of £889,201 against charitable expenditure of £847,556, resulting in a surplus that was added to the accumulated fund. Its FY2023 accounts were audited by Magma Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| C E K STERN CHARITABLE TRUST | 1 | £35k |
| CHARITWORTH LIMITED | 1 | £25k |
| THE HAPPY BABY COMMUNITY | 1 | £14k |