MAAIKE MCINNES CHARITABLE TRUST
Latest income
£1.1m
Latest spending
£34k
Registered
2007
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £1,607,916, supported by a £1,073,129 income total comprising donations and investment returns. The trustees report no requirement to maintain specific reserves and confirm sufficient resources to meet obligations, with no material uncertainties identified regarding going concern.
What the accounts disclose
Related-party transaction: Prior year donation from Kite Packaging Group Holdings Limited, a company where trustees B.G. McInnes, C.G. McInnes, and L.W. Durham are directors.
“In the prior year, on 11 July 2023, the charity received a cash donation of £8m from Kite Packaging Group Holdings Limited. B.G. McInnes, C.G. McInnes and L.W. Durham are also directors of Kite Packaging Group Holdings Limited, whilst M.K. McInnes has close familial ties with two of these directors.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 05/04/2025)
Total income
£1.1m
Total spending
£34k
Cost of raising funds
£370
Reserves (reported)
£1.6m
Employees
0
Trustees
- COLIN MCINNES
- Dr Bruce Gordon McInnes
- LEONARD WILLIAM DURHAM
- MAGDALENA KARINA MCINNES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £1.1m | £34k |
| 05/04/2024 | £8.0m | £7.5m |
| 05/04/2023 | £326 | £31k |
| 05/04/2022 | £16 | £31k |
| 05/04/2021 | £84 | £31k |
Common questions
Is MAAIKE MCINNES CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves increased to £1,607,916, supported by a £1,073,129 income total comprising donations and investment returns. The trustees report no requirement to maintain specific reserves and confirm sufficient resources to meet obligations, with no material uncertainties identified regarding going concern. Its FY2025 accounts were audited by Dafferns Audit Limited.