MERCIAN COMMUNITY TRUST
Tackling issues of deprivation, poverty and social exclusion across the geographical area covered by the Diocese of Lichfield in both urban and rural communities
Financial health, per its FY2024 accounts
The accounts state that the charity generated a total surplus of £11,038 for the year, increasing its total reserves to £270,681. However, the unrestricted reserves showed a deficit of £3,331, which the trustees attribute to the need to reverse the current deficit in unrestricted funds through future fundraising and strategic discussions. The going concern basis is supported by the assurance that the Diocesan Board of Finance would secure any unrestricted reserve deficit if insufficient income was generated.
What the accounts disclose
“No employee had emoluments in excess of £60,000 (2023: none).” — page 18
“As the Trust is fundamentally involved in overseeing projects, the reserves policy is to hold sufficient funds to cover the Governance costs of running the Charity.” — page 7
“With the assurance the Diocesan Board of Finance would secure any unrestricted reserve deficit if insufficient income was generated from projects towards administration costs; for this reason they continue to adopt the going concern basis in preparing the financial statements.”
Corporate structure
- Registered company of the charity Companies House 04345177
Company officers (Companies House)
- PRECIOUS, Christopher, The Revd not on trustee list
- CLIFFORD, Stephen Nigel not on trustee list
- TROOD, James William, The Revd Preb not on trustee list
- RUSHTON, Samantha Jayne not on trustee list
- WILSON, John Richard not on trustee list
- DACE, Jessamine Ann on trustee list
- HILL, Jonathan Richard Leigh on trustee list
- HILL, Jonathan Richard Leigh
Trustees
- Rev Preb Terry Bloorchair
- JOSEPHINE LOCKE
- JULIE JONES
- Jessamine Dace
- Jonathan Richard Leigh Hill
- ROGER BECKETT MARSH B MET
- Tug Wilson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £168k | £157k |
| 31/12/2023 | £133k | £209k |
| 31/12/2022 | £214k | £201k |
| 31/12/2021 | £72k | £95k |
| 31/12/2020 | £97k | £108k |
Common questions
Is MERCIAN COMMUNITY TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a total surplus of £11,038 for the year, increasing its total reserves to £270,681. However, the unrestricted reserves showed a deficit of £3,331, which the trustees attribute to the need to reverse the current deficit in unrestricted funds through future fundraising and strategic discussions. The going concern basis is supported by the assurance that the Diocesan Board of Finance would secure any unrestricted reserve deficit if insufficient income was generated. Its FY2024 accounts were audited by HaysMac LLP.
What does the highest-paid employee of MERCIAN COMMUNITY TRUST earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 25/09/2020 | £2k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 22/02/2005 | £5k | North Staffs Community Chaplaincy Project |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LANKELLYCHASE FOUNDATION | 1 | £650k |
| PAUL HAMLYN FOUNDATION | 1 | £150k |
| TRUST FOR LONDON | 1 | £80k |
| CIVIC POWER FUND | 1 | £64k |
| NORFOLK COMMUNITY FOUNDATION | 1 | £62k |
| SIR HALLEY STEWART TRUST | 1 | £59k |
| THE CAMELLIA FOUNDATION | 1 | £53k |
| THE JOSEPH RANK TRUST | 1 | £38k |
Charities like this
- DEESIDE COMMUNITY TRUST
- ACCESS COMMUNITY TRUST
- CENTRE FOR THEOLOGY AND COMMUNITY LIMITED
- NEW HORIZONS COMMUNITY ENTERPRISE
- Stockport County Community Trust
- GRAPEVINE (COVENTRY AND WARWICKSHIRE) LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MERCIAN COMMUNITY TRUST | £168k | Under £60,000 | 0 | unclear | — | noted |
| DEESIDE COMMUNITY TRUST | £599k | — | 0 | above | — | no doubt |
| ACCESS COMMUNITY TRUST | £5.9m | — | — | below | — | material uncertainty |
| CENTRE FOR THEOLOGY AND COMMUNITY LIMITED | £680k | — | 0 | above | — | no doubt |
| NEW HORIZONS COMMUNITY ENTERPRISE | £1.2m | £100,001 - £110,000 | — | above | — | no doubt |
| Stockport County Community Trust | £976k | — | 0 | unclear | — | no doubt |