MYRISTICA TRUST
THE CHARITY SUPPORTS ORGANISATIONS WHICH THE TRUSTEES CONSIDER MERIT SUPPORT, INCLUDING MEDICAL RESEARCH, CARE FOR CHILDREN AND ANIMALS AND FOREIGN AID
Objects
FOR SUCH EXCLUSIVELY CHARITABLE PURPOSES IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £4,210,051 at the year end, having distributed the majority of a £9 million legacy received over two years. The trustees report a net expenditure of £113,281 for the year and confirm that the charity intends to wind up within two years of receiving the balance of the legacy. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Policies the charity declares
- Financial reserves policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- Anne Carys Taylor
- MR BOB KING
- Sian Llinos Williams
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £4.1m | £4.2m |
| 05/04/2024 | £5.2m | £1.1m |
| 05/04/2023 | £2k | £8k |
| 05/04/2022 | £256 | £13k |
| 05/04/2021 | £270 | £89k |
Common questions
Is MYRISTICA TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £4,210,051 at the year end, having distributed the majority of a £9 million legacy received over two years. The trustees report a net expenditure of £113,281 for the year and confirm that the charity intends to wind up within two years of receiving the balance of the legacy. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Xeinadin Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 1 | £1.0m |
| MAYFAIR CHARITIES LIMITED | 1 | £70k |
| THE RAPHAEL FRESHWATER MEMORIAL ASSOCIATION | 1 | £67k |
| THE MILLENNIUM TRUST | 1 | £50k |
| THE GERTNER CHARITABLE TRUST | 1 | £42k |
| CLYDPRIDE LIMITED | 1 | £30k |
| GIVE US A CHANCE | 1 | £25k |
| THE SALO BORDON CHARITABLE TRUST | 1 | £20k |
Charities like this
- MYR CHARITABLE TRUST
- R M SALES CHARITABLE TRUST
- THE MIRIANOG TRUST
- THE CANCER TREATMENT AND RESEARCH TRUST CIO
- THE GRAND CHARITY
- FRIENDS OF MIR
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MYRISTICA TRUST | £4.1m | — | 0 | unclear | — | no doubt |
| MYR CHARITABLE TRUST | £114k | — | 0 | unclear | — | no doubt |
| R M SALES CHARITABLE TRUST | £0 | — | 0 | unclear | — | no doubt |
| THE MIRIANOG TRUST | £718k | — | 0 | above | — | no doubt |
| THE CANCER TREATMENT AND RESEARCH TRUST CIO | £502k | — | 0 | above | — | no doubt |
| THE GRAND CHARITY | £804k | — | 0 | unclear | — | no doubt |