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

MARGO TRUST

Registered charity 1114787 · accounts filings on the Charity Commission register · also known as MARGO'S TRUST

Grants for (1) Kavanga Hospital Children (Uganda) (2) Missionary Aviation Fellowship (Papua) (3) Indian Orphanages (4) Lutherans in Kenya and (5) a Churchworker in Australia & Zimbabwe

Causes: General Charitable Purposes · Education/training · Religious Activities · Get email alerts

Latest income
£38k
Latest spending
£38k
Registered
2006
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity recorded a net deficit of £341 for the year, with total incoming resources of £37,605 against expenditure of £37,946. Per the trustees' report, unrestricted reserves stood at £17,563 at year-end, a figure the trustees consider appropriate for current operations and future projects.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Transfer to Illyria Consort CIO, where trustee Edward Passmore is also a trustee.
“During the year, £13,000 was transferred to the Illyria Consort CIO. Edward Passmore is a trustee of this charity.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Australia · Derbyshire · India · Kenya · Papua New Guinea · Throughout London · Uganda

Income and spending

Financial year endIncomeSpending
31/12/2024£38k£38k
31/12/2023£22k£24k
31/12/2022£37k£32k
31/12/2021£42k£20k
31/12/2020£39k£37k

Common questions

Is MARGO TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity recorded a net deficit of £341 for the year, with total incoming resources of £37,605 against expenditure of £37,946. Per the trustees' report, unrestricted reserves stood at £17,563 at year-end, a figure the trustees consider appropriate for current operations and future projects. Its FY2024 accounts were independently examined.