MONTE SAN MARTINO TRUST
To raise funds to provide bursaries to Italian students to cover costs of residential courses in the UK. These students are usually direct descendants of, or connected with, the very families who provided much needed food and shelter to Allied prisoners of war who had escaped form their prison camps after the Armistice was signed with the Allies in 1943.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £64,058 before investment gains, resulting in a net movement in funds of £12,202 for the year. Per the trustees' report, the general reserve was below the stated policy target of three months' expenditure, although total net assets remained substantial at £3,013,525.
What the accounts disclose
“The Trust's total income for the year was £121,089 (2023 £88,210) including investment income of £82,541” — page 7
“At the end of the year the General Reserve was below this level.”
Trustees
- Professor Philip Cookechair
- Christopher Michael Anthony Woodhead
- John Simkins
- Julia Carol Gray MacKenzie
- Justin Reny de Meo
- Laura Terrell
- Ms A Copley
- OMAR BUCCHIONI
- THE HONOURABLE LETITIA BLAKE
- Tom Carver
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £121k | £185k |
| 31/12/2023 | £88k | £138k |
| 31/12/2022 | £102k | £110k |
| 31/12/2021 | £101k | £67k |
| 31/12/2020 | £130k | £39k |
Common questions
Is MONTE SAN MARTINO TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £64,058 before investment gains, resulting in a net movement in funds of £12,202 for the year. Per the trustees' report, the general reserve was below the stated policy target of three months' expenditure, although total net assets remained substantial at £3,013,525. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CML - CHEVRAS MO'OZ LADOL | 1 | £21k |
| THE ELIEZER FOUNDATION | 1 | £10k |
| THE ABDALLA FOUNDATION | 1 | £9k |
| PETER STORMONTH DARLING CHARITABLE TRUST | 1 | £5k |
Charities like this
- Montessori St Nicholas Ltd
- LA SCUOLA ITALIANA A LONDRA
- THE BURMA STAR MEMORIAL FUND
- INAS (ITALIAN WELFARE) LIMITED
- THE CUNMONT CHARITABLE TRUST
- BRITISH MOTOR SPORTS TRAINING TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MONTE SAN MARTINO TRUST | £121k | — | 0 | below | — | no doubt |
| Montessori St Nicholas Ltd | £279k | — | — | unclear | — | no doubt |
| LA SCUOLA ITALIANA A LONDRA | £2.7m | £100,001 - £110,000 | 2 | unclear | — | no doubt |
| THE BURMA STAR MEMORIAL FUND | £107k | — | 0 | unclear | — | no doubt |
| INAS (ITALIAN WELFARE) LIMITED | £351k | — | 0 | unclear | — | no doubt |
| THE CUNMONT CHARITABLE TRUST | £2.4m | — | 0 | unclear | — | no doubt |