MIDASPLUS

Registered charity 1110699 · accounts filings on the Charity Commission register · also known as MIDAS+, MIDASPLUS FUNDRAISING (FOR WORTHY CAUSES IN THE MIDDLESEX AND SURREY PLUS SURROUNDING AREAS)

The company's principal activities are to further such charitable purposes for the benefit of the public, in particular the communities on the borders of Southern Middlesex, North Surrey & West Berkshire as the trustees shall determine from time to time particularly, but not exclusively, for those suffering financial hardship or sickness by providing grants or other suitable assistance.

Objects

TO FURTHER SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF THE PUBLIC IN PARTICULAR THE COMMUNITIES OF SOUTHERN MIDDLESEX, NORTH SURREY AND WEST BERKSHIRE AS THE DIRECTORS IN THEIR ABSOLUTE DISCRETION SHALL DETERMINE FROM TIME TO TIME PARTICULARLY BUT NOT EXCLUSIVELY FOR THOSE SUFFERING FINANCIAL HARDSHIP OR SICKNESS BY PROVIDING GRANTS, LOANS OR OTHER SUITABLE ASSISTANCE.

Area of benefit: SOUTHERN MIDDLESEX, NORTH SURREY AND WEST BERKSHIRE.

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 · website · Get email alerts

Latest income
£30k
Latest spending
£20k
Registered
2005
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds at year-end were £29,708, which the trustees consider to be within their stated policy target of maintaining reserves equivalent to three to six months of expenditure. The charity reported a net income of £10,007 for the year, with total income of £29,965 generated from donations and charitable activities.

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

What the accounts disclose

Reserves policy: three and six month’s expenditure (held: £30k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

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.

Trustees · trustee networks

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

Operates in: Hounslow · Surrey · Windsor And Maidenhead

Income and spending

Financial year endIncomeSpending
30/06/2025£30k£20k
30/06/2024£21k£18k
30/06/2023£13k£15k
30/06/2022£14k£10k
30/06/2021£25k£16k

Common questions

Is MIDASPLUS financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted funds at year-end were £29,708, which the trustees consider to be within their stated policy target of maintaining reserves equivalent to three to six months of expenditure. The charity reported a net income of £10,007 for the year, with total income of £29,965 generated from donations and charitable activities. Its FY2025 accounts were independently examined.