MERCERS' SCHOOL MEMORIAL TRUST (INCORPORATING THE MERRETT BEQUEST)

Registered charity 1091658 · accounts filings on the Charity Commission register · also known as THE MERRETT BEQUEST

In furtherance of any charitable purpose (including but not limited to the advancement of education and the relief of need),

Objects

(1) THE COMPANY SHALL APPLY THE CLEAR YEARLY INCOME AND AT ITS DISCRETION THE WHOLE OR PART OF THE PROPERTY OF THE CHARITY IN FURTHERANCE OF ANY CHARITABLE PURPOSES (INCLUDING BUT NOT LIMITED TO THE ADVANCEMENT OF EDUCATION AND THE RELIEF OF NEED) AS THE WARDENS OF THE COMPANY (THE WARDENS) IN THEIR ABSOLUTE DISCRETION THINK FIT, PROVIDED THAT THE NAMES OF THE FORMER MERCERS' SCHOOL AND OF THE CHARITY ARE ASSOCIATED WITH ANY SUCH GRANT. (2) IN EXERCISING THEIR DISCRETION AS AFORESAID THE WARDENS SHALL HAVE REGARD TO ANY REPRESENTATIONS MADE TO THEM BY OR ON BEHALF OF THE EXECUTIVE COMMITTEE OF THE CLUB FOR AS LONG AS THE CLUB REMAINS IN EXISTENCE

Area of benefit: CITY OF LONDON

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · website · Get email alerts

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• Complaints handling
• Complaints policy and procedures
• Conflicting interests
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Investment
• Risk management
• Safeguarding policy and procedures
• Serious incident reporting policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures
• Volunteer management

Register events

• Received assets from another charity (16/08/2021) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

• The Mercers' Company

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout London

Income and spending

Common questions