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THE MICHAEL COWAN FOUNDATION

Registered charity 1137182 · accounts filings on the Charity Commission register

To date, the charity's trustees have been researching suitable causes and projects. However, since the necessary funding is not yet available, the charity has not entered into any transactions during the year.

Causes: General Charitable Purposes · Education/training · Grant history (this charity is a funder) · Get email alerts

Latest income
£2.0m
Latest spending
£1.3m
Registered
2010
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £7,280,460, comprising a capital fund of £6,000,000 and an income fund of £1,280,460. The trustees confirm that the charity has sufficient liquid resources to meet its liabilities as they fall due and that the financial statements are prepared on a going concern basis.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Trading subsidiary: Twinplast Limited
“The Foundation's investment at the year end is 100% ownership of an unlisted private company, Consolidated Plastics Limited (which has a subsidiary Twinplast Limited).” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Fletcher & Partners. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.0m
Total spending
£1.3m
Reserves (reported)
£1.5m
Employees
0

Reported reserves equal ~14.2 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (98% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£2.0m£1.3m
31/12/2023£6.4m£1.3m
31/12/2022£19k£13k
31/12/2021£21k£30k
31/12/2020£280k£270k

Common questions

Is THE MICHAEL COWAN FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £7,280,460, comprising a capital fund of £6,000,000 and an income fund of £1,280,460. The trustees confirm that the charity has sufficient liquid resources to meet its liabilities as they fall due and that the financial statements are prepared on a going concern basis. Its FY2024 accounts were audited by Fletcher & Partners.

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
THE MASTER CHARITABLE TRUST1£323k
DEBMAR BENEVOLENT TRUST LIMITED1£314k
RONTADES LIMITED1£300k
PRISM THE GIFT FUND1£219k
THE BORROWS CHARITABLE TRUST1£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE CRANBROOK FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE MICHAEL COWAN FOUNDATION£2.0m—0unclear—no doubt
THE CRANBROOK FOUNDATION FY2025£520k—0unclear—no doubt
MW (HO) FOUNDATION FY2024£207k—0unclear—no doubt
WINDSOR ROAD FOUNDATION FY2025£101kUnder £60,0000above—no doubt
THE CSJ FOUNDATION FY2025£2.1m——unclear—no doubt
PARKWATER FOUNDATION FY2025£358k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.