THE MARGERY MAPLETHORPE TRUST
Relief of elderly people in housing need by the provision of secure accommodation available at affordable rents in the East Hertfordshire area.
Financial health, per its FY2024 accounts
The charity reported a net increase in funds of £68,429, resulting in total unrestricted funds of £6,390,068. The reserves policy aims to maintain working capital covering routine expenditure with a surplus for unforeseen maintenance, and the current unrestricted reserves significantly exceed this general target. The accounts were subject to independent examination rather than audit, with no matters identified requiring further attention.
What the accounts disclose
“The Trust seeks to maintain general working capital levels at a position which covers routine annual expenditure, with a sufficient surplus to meet unforeseen property maintenance expenditure.” — page 3
“The trust paid £Nil (2023 £360) to Longmores Solicitors, a firm of which Mr R Horwood is a partner. The amount covers Tenancy and Secretary Agreement fees. These transactions are deemed to be at arms length and on a commercial basis.” — page 13
Property (HM Land Registry)
Trustees
- RICHARD MICHAEL HORWOODchair
- GRANT PHILIP MONK
- JEAN ANN MONK
- MR ALEX MONK
- Paul Kenneth Charles Wisbey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £154k | £99k |
| 31/12/2024 | £143k | £91k |
| 31/12/2023 | £135k | £94k |
| 31/12/2022 | £134k | £80k |
| 31/12/2021 | £131k | £85k |
Common questions
Is THE MARGERY MAPLETHORPE TRUST financially healthy?
Per its FY2024 accounts: The charity reported a net increase in funds of £68,429, resulting in total unrestricted funds of £6,390,068. The reserves policy aims to maintain working capital covering routine expenditure with a surplus for unforeseen maintenance, and the current unrestricted reserves significantly exceed this general target. The accounts were subject to independent examination rather than audit, with no matters identified requiring further attention. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MARIE CELESTE SAMARITAN SOCIETY | 1 | £50k |
Charities like this
- THE EARL OF SOUTHAMPTON TRUST
- THE ALEXANDRA HOMES
- ELEANOR PALMER TRUST
- THE ABBEYFIELD BERKHAMSTED AND HEMEL HEMPSTEAD SOCIETY LIMITED
- THE GRIFFIN COMMUNITY TRUST
- THE ABBEYFIELD (STREATHAM) SOCIETY LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MARGERY MAPLETHORPE TRUST | £154k | — | 0 | unclear | — | no doubt |
| THE EARL OF SOUTHAMPTON TRUST | £181k | — | 0 | above | — | no doubt |
| THE ALEXANDRA HOMES | £220k | — | 0 | unclear | — | no doubt |
| ELEANOR PALMER TRUST | £3.8m | — | — | unclear | — | no doubt |
| THE ABBEYFIELD BERKHAMSTED AND HEMEL HEMPSTEAD SOCIETY LIMITED | £736k | — | 0 | unclear | — | no doubt |
| THE GRIFFIN COMMUNITY TRUST | £152k | — | 0 | unclear | — | no doubt |