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.

Objects

PAY OR APPLY THE INCOME OF THE RESIDUE AND SO MUCH OF THE CAPITAL THEREOF AS MY TRUSTEES MAY FROM TIME TO TIME DETERMINE TO SUCH CHARITIES OR FOR SUCH CHARITABLE PURPOSES AND IN SUCH PROPORTIONS AND AT SUCH TIMES AND IN SUCH A MANNER IN ALL RESPECTS AS MY TRUSTEES MAY FROM TIME TO TIME IN THEIR UNCONTROLLED DISCRETION DETERMINE AND UPON SUCH TERMS AND CONDITIONS AS MY TRUSTEES MAY FROM TIME TO TIME DIRECT.

Area of benefit: UNDEFINED, IN PRACTICE

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Complaints policy and procedures
Financial reserves policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Risk management
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Register events

Received assets from another charity (03/09/2019) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

ANDREW MARK GLYNDWR CUSWORTH TEP LLB · trustee of 2 other charities
Charlotte Marie Keating · trustee of 3 other charities
JOHN PHILIP CUSACK

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

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
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.