THE ZOOM ZOOM TRUST
Latest income
£512k
Latest spending
£162k
Registered
2006
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £538,063, representing a significant surplus of £350,590 for the year ended 31 December 2024. The trustees consider these reserves more than sufficient to fund anticipated donations in 2025, despite noting that future income from the Mitchell Group cannot be guaranteed at the same level.
What the accounts disclose
Related-party transaction: The Zoom Zoom Trust received donations amounting to £502,500 (2023 £125,000) from Mitchell North West Limited, a company in which the Trustees, Canon M S Mitchell DL and Mrs A L Mitchell are materially interested.
“During the year, the Charity received donations amounting to £502,500 (2023 £125,000) from Mitchell North West Limited, a company in which the Trustees, Canon M S Mitchell DL and Mrs A L Mitchell are materially interested.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£512k
Total spending
£162k
Reserves (reported)
£538k
Employees
0
Trustees
- MARK STEVEN MITCHELLchair
- Anita Mitchell
- DAVID ROBERTS
- DENISE ROBERTS
- Michael Donnan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £512k | £162k |
| 31/12/2023 | £127k | £101k |
| 31/12/2022 | £13k | £167k |
| 31/12/2021 | £350 | £84k |
| 31/12/2020 | £197k | £100k |
Common questions
Is THE ZOOM ZOOM TRUST financially healthy?
The accounts state that unrestricted funds increased to £538,063, representing a significant surplus of £350,590 for the year ended 31 December 2024. The trustees consider these reserves more than sufficient to fund anticipated donations in 2025, despite noting that future income from the Mitchell Group cannot be guaranteed at the same level. Its FY2024 accounts were independently examined.