MRS EM BATES TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity holds total net assets of £11,203,454, consisting entirely of permanent endowment funds used to generate investment income. The trustees report that reserves are not held to cover operating expenditure as the majority of expenditure consists of grants to beneficiaries, and the charity has no employees. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Moravian Church and one of its congregations are the only beneficiaries of the Mrs E. M. Bates Charitable Trust and grants paid to the Church and its congregation are analysed in Note 5.” — page 20
Trustees
- Dr Courtney Alexander Smith
- Graham John Pascoe Seaton
- James Hancock
- Jane Seaton
- Lynsey Elizabeth Cunningham
- Roger COY
- Sarah GROVES
- Zoe Marie-May Taylor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £409k | £425k |
| 31/08/2024 | £474k | £474k |
| 31/08/2023 | £414k | £414k |
| 31/08/2022 | £389k | £389k |
| 31/08/2021 | £362k | £362k |
Common questions
Is MRS EM BATES TRUST financially healthy?
The accounts state that the charity holds total net assets of £11,203,454, consisting entirely of permanent endowment funds used to generate investment income. The trustees report that reserves are not held to cover operating expenditure as the majority of expenditure consists of grants to beneficiaries, and the charity has no employees. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Knox Cropper LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DILLHAVEN LIMITED | 1 | £71k |
| THE MACDONALD-BUCHANAN CHARITABLE TRUST | 1 | £25k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| KTRUST LIMITED | 1 | £12k |