MOTHERS2MOTHERS (UK) LIMITED
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves decreased to £450,731 from £824,815 in the prior year, falling below the stated policy target of three months of operational costs. Despite this reduction, the trustees remain confident in the charity's ability to continue as a going concern, citing expected positive cash flows and reserves for at least one year from the approval date.
What the accounts disclose
“1 employee received emoluments of between £160,001 and £170,000” — page 37
“The Board and Management have determined that “free” reserves (i.e. unrestricted reserves) should normally be maintained to at least three months of the organisation’s operational costs.” — page 20
“The total amount awarded from m2mUK to m2mSA during the year in sub-awards, grants and donations amounted to £2,155,866 (2022: £2,375,444). The total charitable expenditure relating to programme, grant and other costs associated with supporting m2mSA, including an allocation of governance costs, in 2023 is £2,437,304 (2022: £2,617,713) and is included in note 5 to these financial statements.”
“The total amount due from m2mUS to m2mUK is £205,280 (2022: £198,761). This relates to costs associated with supporting m2mUS, including governance and staff allocation.” — page 44
“The total amount awarded from m2mUK to m2mSA during the year in sub-awards, grants and donations amounted to £2,155,866 (2022: £2,375,444). The total charitable expenditure relating to programme, grant and other costs associated with supporting m2mSA, including an allocation of governance costs, in 2023 is £2,437,304 (2022: £2,617,713) and is included in note 5 to these financial statements.”
“The total amount due from m2mUS to m2mUK is £205,280 (2022: £198,761). This relates to costs associated with supporting m2mUS, including governance and staff allocation.” — page 44
“The total amount awarded from m2mUK to m2mSA during the year in sub-awards, grants and donations amounted to £2,155,866 (2022: £2,375,444). The total charitable expenditure relating to programme, grant and other costs associated with supporting m2mSA, including an allocation of governance costs, in 2023 is £2,437,304 (2022: £2,617,713) and is included in note 5 to these financial statements.”
“The total amount due from m2mUS to m2mUK is £205,280 (2022: £198,761). This relates to costs associated with supporting m2mUS, including governance and staff allocation.” — page 44
“m2mUK Limited owns the entire share capital of a trading company, m2m Europe Enterprises Limited, company number 10043425. As at year end 31 December 2023 m2m Europe Enterprises Limited was dormant.” — page 22
Year-over-year changes
- Top pay band moved from £100,001 - £180,000 (FY2022) to £160,001 - £170,000 (FY2023).
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Andrea Hartley
- Annemiek de Ruiter
- Charles Gavin McGregor
- Naomi Walkland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £5.1m | £4.5m |
| 31/12/2023 | £4.3m | £4.0m |
| 31/12/2022 | £3.8m | £3.6m |
| 31/12/2021 | £4.0m | £3.9m |
| 31/12/2020 | £3.6m | £3.4m |
Common questions
Is MOTHERS2MOTHERS (UK) LIMITED financially healthy?
The accounts state that unrestricted reserves decreased to £450,731 from £824,815 in the prior year, falling below the stated policy target of three months of operational costs. Despite this reduction, the trustees remain confident in the charity's ability to continue as a going concern, citing expected positive cash flows and reserves for at least one year from the approval date. Its FY2023 accounts were audited by Saffery LLP.
What does the highest-paid employee of MOTHERS2MOTHERS (UK) LIMITED earn?
Per its FY2023 accounts, the highest-paid employee was in the £160,001 - £170,000 band.
Who funds MOTHERS2MOTHERS (UK) LIMITED?
Funders whose own accounts filings name MOTHERS2MOTHERS (UK) LIMITED as a grant recipient include LUCILLE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| LUCILLE FOUNDATION | FY2023 | £150k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HAMMERSMITH UNITED CHARITIES | 1 | £22k |