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

Objects

(A) TO ADVANCE THE CHRISTIAN RELIGION(B) TO FURTHER THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF CHILDREN AGED 19 OR YOUNGER AND OF THE PUBLIC(C) THE CHARITABLE RELIEF OF NEED AND SICKNESS AND THE DISTRESS CAUSED THEREBY AMONGST THE PUBLIC.

Area of benefit: NOT DEFINED. IN PRACTICE DERBYSHIRE AND GREATER LONDON

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 · 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.