MERCERS' SCHOOL MEMORIAL TRUST (INCORPORATING THE MERRETT BEQUEST)
In furtherance of any charitable purpose (including but not limited to the advancement of education and the relief of need),
Financial health, per its FY2025 accounts
The accounts state that net assets increased to £980,950, with free/unrestricted reserves of £268,753. The charity reported a net gain for the year of £68,001, driven by investment returns and donations, while total expenditure remained stable at £12,017. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The primary reason for holding the reserves for the Charity is to ensure that the conditional committed beneficiary grants are fulfilled, and that the grant making budgets for next year are available to ensure the ability to plan for further grants to beneficiaries.” — page 10
“THE ACCOUNTS DID NOT COMPLY WITH THE APPLICABLE REQUIREMENTS CONCERNING THE FORM AND CONTENT OF ACCOUNTS SET OUT IN THE CHARITIES (ACCOUNTS AND REPORTS) REGULATIONS 2008”
Register events
- Received assets from another charity (16/08/2021)
Trustees
- The Mercers' Company
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £72k | £15k |
| 31/03/2024 | £18k | £12k |
| 31/03/2023 | £19k | £17k |
| 31/03/2022 | £20k | £17k |
| 31/03/2021 | £13k | £11k |
Common questions
Is MERCERS' SCHOOL MEMORIAL TRUST (INCORPORATING THE MERRETT BEQUEST) financially healthy?
Per its FY2025 accounts: The accounts state that net assets increased to £980,950, with free/unrestricted reserves of £268,753. The charity reported a net gain for the year of £68,001, driven by investment returns and donations, while total expenditure remained stable at £12,017. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.