THE MILLENNIUM QUARTER TRUST LIMITED
The main objective of MQT is to oversee the operation of the Manchester Millennium Quarter - a distinctive cultural area in the historic medieval sector of Manchester.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of nil for the year ended 31 March 2025, with total incoming resources of £60,206 and resources expended of £60,206. The charity holds nil unrestricted reserves and relies on deficit funding from Manchester City Council to meet its obligations. The trustees confirm the charity has secured a commitment of support from Manchester City Council for at least 12 months from the date of approval.
What the accounts disclose
“The reserves held on 31 March 2025 were {nil (2024: £nil).”
“During the year, an annual contribution (deficit grant) of £54,394 (2024: £51,907) was made to Manchester Cathedral Visitors Centre Limited. At 31 March 2025 £67,838.42 (2024: £0) was due to Manchester Cathedral Visitors Centre.” — page 18
Property (HM Land Registry)
Trustees
- JOHN MATTHEW WILLIAMSchair
- Asif Ismail Ibrahim
- JANE ELIZABETH SHARROCKS
- The Very Revd Rogers Govender
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £60k | £60k |
| 31/03/2024 | £66k | £66k |
| 31/03/2023 | £68k | £68k |
| 31/03/2022 | £71k | £71k |
| 31/03/2021 | £58k | £58k |
Common questions
Is THE MILLENNIUM QUARTER TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of nil for the year ended 31 March 2025, with total incoming resources of £60,206 and resources expended of £60,206. The charity holds nil unrestricted reserves and relies on deficit funding from Manchester City Council to meet its obligations. The trustees confirm the charity has secured a commitment of support from Manchester City Council for at least 12 months from the date of approval. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 20/09/2006 | £27k | "Manchester 0161 - Events Programme" |