Brian Mercer Trust
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £38,045,218, with cash reserves of £1,090,065 against grant commitments and anticipated governance costs of £1,100,000. The trustees aim to maintain cash reserves at a level equating to approximately twelve months of charitable expenditure, noting that any shortfall can be met by selling investments. The charity does not actively fundraise and relies entirely on investment income and returns from its endowment.
What the accounts disclose
“The balance held in cash reserves at 5 April 2025 was £1,090,065 (2024: £597,950), against grant commitments and anticipated governance costs of £1,100,000.” — page 7
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- KENNETH JOHN MERRILL
- Luke John Merrill
- Sarah Wakefield
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £753k | £1.3m |
| 05/04/2024 | £1.4m | £430k |
| 05/04/2023 | £1.3m | £1.3m |
| 05/04/2022 | £1.3m | £1.1m |
| 05/04/2021 | £1.3m | £1.1m |
Common questions
Is Brian Mercer Trust financially healthy?
The accounts state that the charity holds unrestricted funds of £38,045,218, with cash reserves of £1,090,065 against grant commitments and anticipated governance costs of £1,100,000. The trustees aim to maintain cash reserves at a level equating to approximately twelve months of charitable expenditure, noting that any shortfall can be met by selling investments. The charity does not actively fundraise and relies entirely on investment income and returns from its endowment. Its FY2025 accounts were audited by MHA.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JUVENILE DIABETES RESEARCH FOUNDATION LIMITED | 1 | £245k |