MARGARET CAREY FOUNDATION LTD
We collect unwanted items such as wheelchairs and bikes and take them to prison workshops where they are restored.We then hand the restored items to partner charities for distribution to people in need who can not afford such articles.We then report to the prison workshops as to where the articles went and who benefitted.
Objects
The charity’s objects (”Objects”) are specifically restricted to the following:i) To advance the education of offenders and ex-offenders in the United Kingdom, for the benefit of the public, by the provision of vocational training ii) To relieve the needs of individuals, anywhere in the world, who are in need due to their youth, age, financial hardship, disability or social or economic circumstances by the provision of goods, items and equipment with the object of improving the conditions of life for those individualsiii) To promote community participation in healthy recreation for the benefit of the public by the provision of cycling activities and facilities. To advance amateur sport for the public benefit by providing facilities and support for cycling training and cycle maintenance to make bicycles safe to ride. iv) To advance the education and skills of the members of socially and economically disadvantaged community of Bradford in such a way that they are better able to identify and meet their needs, and to participate more fully in society, through group activities, volunteering and training in cycling and cycle maintenance. v) To promote for the benefit of the public the conservation, protection and improvement of the physical and natural environment by promoting cycling and active travel activities and infrastructure as alternatives to fossil-based and fuel-based modes.
Financial health, per its FY2025 accounts
The accounts state that the charity operated at a net deficit of £22,256 for the year, reducing total net assets from £146,861 to £124,605. The trustees report that reserves remain above the stated policy target of £72,000, with unrestricted funds of £108,939 and cash at bank of £109,863. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts.
What the accounts disclose
“Its policy is therefore to hold free reserves (i.e. unrestricted funds not committed or invested in tangible fixed assets) of at least three months of budgeted expenditure, which equates to £72,000.” — page 11
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/09/2025
- Volunteers: 6
Self-declared on the annual return for the financial year ending 30/09/2024
- Volunteers: 12
- Government income: £57,020 — grants £57,020 (6); 24% of the £239,316 total gross income on the same return
Self-declared on the annual return for the financial year ending 30/09/2023
- Volunteers: 12
- Government income: £34,365 — grants £34,365 (6); 12% of the £286,159 total gross income on the same return
Property (HM Land Registry)
Trustees
- Andrew Lewin
- Chris Buckley
- David Chadwick
- Ian McDonald
- Larissa Engelmann
- Paris Sal Nelson-Wallace
- Rhianon Williams
- William Schofield
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £268k | £290k |
| 30/09/2024 | £239k | £293k |
| 30/09/2023 | £286k | £289k |
| 30/09/2022 | £218k | £274k |
| 30/09/2021 | £324k | £246k |
Common questions
Is MARGARET CAREY FOUNDATION LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated at a net deficit of £22,256 for the year, reducing total net assets from £146,861 to £124,605. The trustees report that reserves remain above the stated policy target of £72,000, with unrestricted funds of £108,939 and cash at bank of £109,863. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts. Its FY2025 accounts were independently examined.
Who funds MARGARET CAREY FOUNDATION LTD?
Funders whose own accounts filings name MARGARET CAREY FOUNDATION LTD as a grant recipient include THE MARY KINROSS CHARITABLE TRUST, THE ROBERT GAVRON CHARITABLE TRUST, THE A B CHARITABLE TRUST, THE FORRESTER FAMILY TRUST, THE LIZ AND TERRY BRAMALL FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MARY KINROSS CHARITABLE TRUST | FY2024 | £38k | Second payment of three-year unrestricted grant |
| THE ROBERT GAVRON CHARITABLE TRUST | FY2022 | £20k | |
| THE A B CHARITABLE TRUST | FY2023 | £15k | |
| THE A B CHARITABLE TRUST | FY2021 | £10k | Criminal Justice |
| THE FORRESTER FAMILY TRUST | FY2023 | £5k | Smaller Grants |
| THE LIZ AND TERRY BRAMALL FOUNDATION | FY2024 | £5k | |
| MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST | FY2024 | £4k | grant for setting up two new prison workshops |
| THE SIR JAMES RECKITT CHARITY | FY2023 | £3k | Social |
| MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST | FY2023 | £1k | grant for setting up two new prison workshops |
| THE AUSTIN AND HOPE PILKINGTON TRUST | FY2023 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/02/2026 | £36k | Wheels in Motion: Skills and Support for Young People |
| A B Charitable Trust | 21/01/2026 | £25k | A grant to UpCycle |
| Postcode Lottery | 28/04/2025 | £25k | Unrestricted Funding |
| A B Charitable Trust | 23/01/2025 | £20k | A grant to Margaret Carey Foundation (UpCycle) |
| A B Charitable Trust | 30/06/2022 | £15k | A grant to Margaret Carey Foundation |
| A B Charitable Trust | 08/10/2020 | £15k | A grant to Margaret Carey Foundation |
| A B Charitable Trust | 04/07/2017 | £10k | A grant to Margaret Carey Foundation |
| The National Lottery Community Fund | 21/09/2016 | £9k | Bike to the Future |
| A B Charitable Trust | 26/04/2016 | £5k | Building skills through bike and wheelchair maintenance training workshops in prisons |
| A B Charitable Trust | 29/10/2013 | £5k | provide meaningful work for prisoners |
| Northern Rock Foundation | 11/12/2012 | £142k | Grant awarded to Margaret Carey Foundation Ltd (North East) |
| Northern Rock Foundation | 11/10/2011 | £45k | Grant awarded to Margaret Carey Foundation Ltd (North East) |
| The National Lottery Community Fund | 13/08/2009 | £9k | MCF Consultation with Prisons and Others |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TRUE COLOURS TRUST | 1 | £5k |
| THE COLE CHARITABLE TRUST | 1 | £2k |
| BGF FOUNDATION | 1 | £1k |
Charities like this
- REVIVE & RECYCLE
- BETHANY
- MAGAR ASSOCIATION
- THE MARY KINROSS CHARITABLE TRUST
- BARNET REUSE CENTRE LIMITED
- WELOVECARERS LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MARGARET CAREY FOUNDATION LTD | £268k | — | 0 | unclear | — | no doubt |
| REVIVE & RECYCLE | £36k | — | 0 | below | — | noted |
| BETHANY | £49k | — | 0 | unclear | — | no doubt |
| MAGAR ASSOCIATION | £74k | — | 0 | unclear | — | no doubt |
| THE MARY KINROSS CHARITABLE TRUST | £1.5m | — | — | unclear | — | no doubt |
| BARNET REUSE CENTRE LIMITED | £474k | — | 0 | unclear | — | no doubt |