THE MEARS FOUNDATION

Registered charity 1134941 · accounts filings on the Charity Commission register

Latest income
£358k
Latest spending
£392k
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net deficit of £33,969 for the year, reducing its total unrestricted funds from £141,606 to £107,637. Despite this loss, the charity maintains positive cash reserves of £99,254 and notes that excess funds remain in the bank account to carry forward for future projects. The trustees confirm that the financial statements have been prepared on a going concern basis, indicating no immediate risk to the charity's continued operation.

What the accounts disclose

Related-party transaction: Governance costs were met by Mears Group PLC.
Governance costs were met by Mears Group PLC. — page 6
The Mears Foundation is the independent, charitable arm of Mears Group plc. — page 2
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity is the independent, charitable arm of Mears Group plc.
Governance costs were met by Mears Group PLC. — page 6
The Mears Foundation is the independent, charitable arm of Mears Group plc. — page 2
Per its FY2025 accounts as filed with the Charity Commission.

Trustees

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

Operates in: Northern Ireland · Scotland · South Africa

Income and spending

Financial year endIncomeSpending
31/12/2025£358k£392k
31/12/2024£348k£418k
31/12/2023£421k£305k
31/12/2022£302k£256k
31/12/2021£124k£107k

Common questions

Is THE MEARS FOUNDATION financially healthy?

The accounts state that the charity incurred a net deficit of £33,969 for the year, reducing its total unrestricted funds from £141,606 to £107,637. Despite this loss, the charity maintains positive cash reserves of £99,254 and notes that excess funds remain in the bank account to carry forward for future projects. The trustees confirm that the financial statements have been prepared on a going concern basis, indicating no immediate risk to the charity's continued operation.

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