Charity Accounts Intelreading the accounts so you don’t have to

THE CIBC WORLD MARKETS CHILDREN'S FOUNDATION

Registered charity 1105094 · accounts filings on the Charity Commission register · also known as CIBC WORLD MARKETS CHILDREN'S FOUNDATION, THE CHILDREN'S MIRACLE FOUNDATION, THE CIBC WORLD MARKETS CHILDREN'S MIRACLE FOUNDATION

Latest income
£223k
Latest spending
£204k
Registered
2004
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity recorded a deficit of £9,369 for the year ended 31 March 2023, primarily to ensure support for its charities of the year and stabilize their cashflows post-pandemic. Per the trustees' report, this result was considered concurrent with the aims and policies of the Foundation, and the financial position for the coming year is deemed appropriate. The charity holds unrestricted reserves of £26,226, which the trustees believe prudent to retain given the dependence of income on specific market conditions.

What the accounts disclose

Reserves policy: prudent level to enable donations in years with limited income (held: £26k)
“Due to the dependence of the Foundation's main source of income on financial market conditions on one particular day, the Trustees believe it prudent to retain a level of reserves which would enable donations to be made in any year where income from trading commission is limited.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — CIBC World Markets Children's Foundation (matched by registered charity number).

Trustees

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

Operates in: Netherlands · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£223k£204k
31/03/2024£197k£208k
31/03/2023£198k£207k
31/03/2022£203k£181k
31/03/2021£198k£214k

Common questions

Is THE CIBC WORLD MARKETS CHILDREN'S FOUNDATION financially healthy?

The accounts state that the charity recorded a deficit of £9,369 for the year ended 31 March 2023, primarily to ensure support for its charities of the year and stabilize their cashflows post-pandemic. Per the trustees' report, this result was considered concurrent with the aims and policies of the Foundation, and the financial position for the coming year is deemed appropriate. The charity holds unrestricted reserves of £26,226, which the trustees believe prudent to retain given the dependence of income on specific market conditions. Its FY2023 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE SENECA TRUST1£399k
CHLOE'S AND SOPHIE'S SPECIAL EARS FUND1£107k
This Day Foundation1£75k
RACHEL CHARITABLE TRUST1£50k

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