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

THE COMPASSIONATE MIND FOUNDATION

Registered charity 1120364 · accounts filings on the Charity Commission register

Latest income
£939k
Latest spending
£956k
Registered
2007
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves stood at £301,364, which exceeds the trustees' stated policy target of £232,924 required for six months of running costs. The charity reported a net deficit of £135,665 for the year, resulting in a decrease in total net assets from £446,379 to £310,714. Despite this deficit, the balance sheet shows net current assets of £289,100 and cash of £79,544, indicating sufficient liquidity to meet immediate obligations.

What the accounts disclose

Reserves policy: six months running costs (held: £301k)
“In order to do this, the Trustees estimate that a reserve of £232,924 is required to cover six months running costs of the Charity.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/07/2025)

Total income
£939k
Total spending
£956k
Reserves (reported)
£233k
Employees
14

Reported reserves equal ~2.9 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Birmingham City · Derbyshire · Gloucestershire · Hertfordshire · Leicestershire · Manchester City · Northamptonshire · Nottinghamshire · Oxfordshire · Scotland · Throughout London

Income and spending

Financial year endIncomeSpending
31/07/2025£939k£956k
31/07/2024£861k£915k
31/07/2023£635k£771k
31/07/2022£635k£546k
31/07/2021£558k£351k

Common questions

Is THE COMPASSIONATE MIND FOUNDATION financially healthy?

The accounts state that unrestricted reserves stood at £301,364, which exceeds the trustees' stated policy target of £232,924 required for six months of running costs. The charity reported a net deficit of £135,665 for the year, resulting in a decrease in total net assets from £446,379 to £310,714. Despite this deficit, the balance sheet shows net current assets of £289,100 and cash of £79,544, indicating sufficient liquidity to meet immediate obligations. Its FY2023 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
ONE FOOTSTEP1—
THE MOTIVATION CHARITABLE TRUST1£81k
Flat Iron Trust1£40k
THE ROAN CHARITABLE TRUST1£30k
HALLMARK CARE HOMES FOUNDATION1£26k
ROYAL COMMISSION FOR THE EXHIBITION OF 18511£15k
THE BALCOMBE CHARITABLE TRUST1£15k
CBRE UK CHARITABLE TRUST1£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with COMPASSION FOR CREATION.