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MARSLAND MCADOO CHARITABLE SETTLEMENT

Registered charity 1126249 · accounts filings on the Charity Commission register · also known as JOAN SPENCE MARSLAND DECEASED

The trust was established for charitable purposes only and uses its investment income to support through donations a wide range of charitable purposes.

Causes: General Charitable Purposes · Other Charitable Purposes · Get email alerts

Latest income
£53k
Latest spending
£60k
Registered
2008
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds decreased slightly from £1,109,368 to £1,107,907 due to net expenditure exceeding income, though the charity maintains adequate resources to continue in operation. The trustees report that all accumulated income funds are distributed for charitable purposes after accounting for governance costs, indicating a policy of distributing reserves rather than holding significant unrestricted reserves.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £1.1m; policy: all accumulated income funds are distributed for charitable purposes)
“After accounting for expected governance costs, all accumulated income funds are distributed for charitable purposes.”
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Trustee expenses of £200 paid to John Cusack; Professional fees of £13,349 paid to solicitors connected to trustee Charlotte Keating.
“During the year, payments totalling £200 were paid to John Cusack for trustee expenses. During the year, professonal fees of £13,349 (2024: £13,500) were paid to Solicitors in respect of the administration of the Charity. Charlotte Keating is a trustee of the Charity and connected to the Solicitors.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee expenses paid to John Cusack
“During the year, payments totalling £200 were paid to John Cusack for trustee expenses.” — page 13
“During the year, professonal fees of £13,349 (2024: £13,500) were paid to Solicitors in respect of the administration of the Charity. Charlotte Keating is a trustee of the Charity and connected to the Solicitors.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Professional fees paid to Solicitors connected to trustee Charlotte Keating
“During the year, payments totalling £200 were paid to John Cusack for trustee expenses.” — page 13
“During the year, professonal fees of £13,349 (2024: £13,500) were paid to Solicitors in respect of the administration of the Charity. Charlotte Keating is a trustee of the Charity and connected to the Solicitors.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

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Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
05/04/2025£53k£60k
05/04/2024£47k£82k
05/04/2023£47k£34k
05/04/2022£46k£55k
05/04/2021£52k£1.1m

Common questions

Is MARSLAND MCADOO CHARITABLE SETTLEMENT financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted funds decreased slightly from £1,109,368 to £1,107,907 due to net expenditure exceeding income, though the charity maintains adequate resources to continue in operation. The trustees report that all accumulated income funds are distributed for charitable purposes after accounting for governance costs, indicating a policy of distributing reserves rather than holding significant unrestricted reserves. Its FY2025 accounts were independently examined.