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

MW (CL) FOUNDATION

Registered charity 1134917 · accounts filings on the Charity Commission register · also known as M W FOUNDATION, MW (HO) FOUNDATION

Latest income
£331k
Latest spending
£304k
Registered
2010
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a net income of £27,283 for the year, driven by significant investment returns of £260,438 which offset charitable grant expenditures of £239,724. Per the trustees' report, unrestricted reserves decreased to £1,292, though total charity funds remained stable at £3,210,270 due to investment property holdings. The trustees confirm there are no material uncertainties regarding the charity's ability to continue operating.

What the accounts disclose

Reserves policy: the current assets of the charity (held: £1k)
“In considering the financial obligations of the charity, the trustees have resolved to maintain a minimum reserve, being the current assets of the charity.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Mrs V Lewin and Mrs H Olsberg are directors/minority shareholders in Debmar Investments Ltd, Leicester Investments Ltd, Hilary Holdings Ltd, and Wisewear Universal Holdings Ltd. All donated income came from these or other companies owned/managed by Mrs Lewin.
“All the donated income for the year came from one or more of the above companies or other companies or charities owned or managed by Mrs Lewin.” — page 20
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 30/11/2022)

Total income
£509k
Total spending
£244k
Cost of raising funds
£69k
Reserves (reported)
£3.2m
Employees
0

Reported reserves equal ~157.6 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
30/11/2024£331k£304k
30/11/2023£402k£434k
30/11/2022£509k£244k
30/11/2021£307k£244k
30/11/2020£569k£253k

Common questions

Is MW (CL) FOUNDATION financially healthy?

The accounts state that the charity generated a net income of £27,283 for the year, driven by significant investment returns of £260,438 which offset charitable grant expenditures of £239,724. Per the trustees' report, unrestricted reserves decreased to £1,292, though total charity funds remained stable at £3,210,270 due to investment property holdings. The trustees confirm there are no material uncertainties regarding the charity's ability to continue operating. Its FY2024 accounts were independently examined.

Who funds MW (CL) FOUNDATION?

Funders whose own accounts filings name MW (CL) FOUNDATION as a grant recipient include DEBMAR BENEVOLENT TRUST LIMITED.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
DEBMAR BENEVOLENT TRUST LIMITEDFY2025£66k
DEBMAR BENEVOLENT TRUST LIMITEDFY2024£65k
DEBMAR BENEVOLENT TRUST LIMITEDFY2023£59k

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
BEIS MENACHEM CHABAD LUBAVITCH1£102k
DILLHAVEN LIMITED1£71k
YESHIVAS LUBAVITCH MANCHESTER1£20k
J & J CHARITABLE TRUST LIMITED1£17k
KTRUST LIMITED1£12k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MW (HO) FOUNDATION.