THE MONKS YARD TRUST
Christian Worship, Prayer & Teaching, Community activities inc. Connect Groups - Creative, Photography, my word. singing for fun. Seniors Coffee.Community Garden & Workshop projectBaby Basics ProjectCommunity Events - Easter, Harvest, Christmas, Men's & Ladies eveningsSupporting both local and global projects and charities.
Financial health, per its FY2025 accounts
The accounts state that the charity is financially stable, with total receipts of £32,834.90 and cash held of £11,349.49. The trustees aim to maintain reserves equivalent to approximately three months of operating expenditure. The financial statements were prepared on a receipts and payments basis and examined by an independent examiner.
What the accounts disclose
“Tithes & Offerings 14,576.67” — page 3
“The trustees aim to maintain reserves equivalent to approximately three months of operating expenditure to ensure financial stability and continuity of charitable activities.” — page 4
Trustees
- DAVID MARKSchair
- ANDREW OSBORNE
- Marjorie Evelyn Edwards
- Roy John Maguire
- Sarah Catharine Maguire
- Sophie McLachlan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £33k | £25k |
| 31/08/2024 | £20k | £19k |
| 31/08/2023 | £17k | £22k |
| 31/08/2022 | £21k | £21k |
| 31/08/2021 | £21k | £17k |
Common questions
Is THE MONKS YARD TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity is financially stable, with total receipts of £32,834.90 and cash held of £11,349.49. The trustees aim to maintain reserves equivalent to approximately three months of operating expenditure. The financial statements were prepared on a receipts and payments basis and examined by an independent examiner. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Somerset Community Foundation | 01/10/2020 | £1k | MY Workshop & Community Garden |
| Somerset Community Foundation | 03/04/2020 | £2k | COVID19 Support for new parents in South Somerset |
| The National Lottery Community Fund | 02/08/2019 | £10k | MY Workshop |
| Somerset Community Foundation | 02/12/2016 | £500 | Community Christmas Lunch |