THE MARWYN TRUST
Financial health, per its FY2024 accounts
The accounts state that the Trust held net assets of £58,860 at the year end, with unrestricted reserves of £2,235. The Trustees report that the Trust has sufficient cash to meet liabilities as they fall due, though they note that future financial support from Marwyn Capital LLP is relied upon to cover costs and ensure the Trust can continue as a going concern.
What the accounts disclose
“In the event of a deficit, Marwyn Capital LLP have confirmed that they will provide financial support to the trust to allow it to continue as a going concern.”
“During the year, the total amount of donations received from entities controlled by the Trustees and other related parties was £51,800, all of which was restricted for (i) onward donation to the Sumbandila Scholarship Trust (£45,000), (ii) onward donation to Restore the Music (£5,000), and (iii) used to settle the fees for the independent review of the Trust’s accounts” — page 17
Structured financials (annual return, FY ending 30/11/2022)
Trustees
- JAMES HENRY MERRICK CORSELLISchair
- Antoinette Vanderpuije
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £134k | £144k |
| 30/11/2023 | £49k | £176k |
| 30/11/2022 | £523k | £343k |
| 30/11/2021 | £96k | £108k |
| 30/11/2020 | £96k | £83k |
Common questions
Is THE MARWYN TRUST financially healthy?
The accounts state that the Trust held net assets of £58,860 at the year end, with unrestricted reserves of £2,235. The Trustees report that the Trust has sufficient cash to meet liabilities as they fall due, though they note that future financial support from Marwyn Capital LLP is relied upon to cover costs and ensure the Trust can continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRITISH HEN WELFARE TRUST | 1 | £15k |
| SUICIDE & CO | 1 | £3k |