MARIA BJORNSON MEMORIAL FUND
Financial health, per its FY2024 accounts
The charity holds unrestricted reserves of £13,554,204, which the trustees state are not deemed necessary as the organization seeks to maintain the real value of its investments. The accounts were prepared on a going concern basis with no material uncertainties identified by the independent auditor. The charity generated a net income of £159,218 after expenditure of £816,459, primarily through grant-making activities.
What the accounts disclose
“During the year, the charity paid for legal and administration services from Charles Russell Speechlys of £147,292 (2023: £131,031). Simon Weil, Trustee, is a partner of Charles Russell Speechlys. An amount of £26,502 (2023: £22,597) was due to Charles Russell Speechlys at the year end.” — page 17
“During the year, the charity issued the following grants: £10,000 (2023: £5,000) to The English Concert and £20,000 (2023: £12,500) to The New English Ballet Theatre. Simon Weil, Trustee, is also a Trustee of both charities.” — page 17
“During the year, the charity paid for legal and administration services from Charles Russell Speechlys of £147,292 (2023: £131,031). Simon Weil, Trustee, is a partner of Charles Russell Speechlys. An amount of £26,502 (2023: £22,597) was due to Charles Russell Speechlys at the year end.” — page 17
“During the year, the charity issued the following grants: £10,000 (2023: £5,000) to The English Concert and £20,000 (2023: £12,500) to The New English Ballet Theatre. Simon Weil, Trustee, is also a Trustee of both charities.” — page 17
“During the year, the charity paid for legal and administration services from Charles Russell Speechlys of £147,292 (2023: £131,031). Simon Weil, Trustee, is a partner of Charles Russell Speechlys. An amount of £26,502 (2023: £22,597) was due to Charles Russell Speechlys at the year end.” — page 17
“During the year, the charity issued the following grants: £10,000 (2023: £5,000) to The English Concert and £20,000 (2023: £12,500) to The New English Ballet Theatre. Simon Weil, Trustee, is also a Trustee of both charities.” — page 17
Trustees
- SIR RICHARD CHARLES HASTINGS EYREchair
- Ida Louise Levine
- Robert James Crowley
- SIMON PATRICK WEIL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £283k | £816k |
| 31/12/2023 | £345k | £641k |
| 31/12/2022 | £343k | £583k |
| 31/12/2021 | £321k | £1.1m |
| 31/12/2020 | £295k | £445k |
Common questions
Is MARIA BJORNSON MEMORIAL FUND financially healthy?
The charity holds unrestricted reserves of £13,554,204, which the trustees state are not deemed necessary as the organization seeks to maintain the real value of its investments. The accounts were prepared on a going concern basis with no material uncertainties identified by the independent auditor. The charity generated a net income of £159,218 after expenditure of £816,459, primarily through grant-making activities. Its FY2024 accounts were audited by Gibson Booth.