THE MILL GARDEN TRUST
The principle activity of the company during the period is opening the garden for visitors to enjoy. The profits of which are used for the upkeep of the garden and donated to various charities as agreed by the trustees.
Objects
1 TO PRESERVE FOR THE BENEFIT OF THE TOWNSPEOPLE OF WARWICK AND THE COUNTRY AT LARGE ALL OF THE HERITAGE CONSERVATION PLANTS AND WILDLIFE IN THE MILL GARDEN, MILL STREET, WARWICK2 SUCH CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE BY THE MAKING OF GRANTS
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds have decreased from £6,789 to £2,725 due to a net expenditure of £4,084. The trustees acknowledge that available reserves have been reduced by increased expenditure and aim to maintain sufficient reserves for three months of anticipated costs. The charity relies on external gardeners for maintenance and monitors future risks regarding access to the gardens.
What the accounts disclose
“Fundraising costs 1,786” — page 9
“sufficient reserves should be maintained to meet anticipated costs in the following three months” — page 3
“The Trustees continue to monitor the future of the Charity, particularly in relation to any potential restrictions on the ability of the Trustees being able to open the Gardens.” — page 3
Trustees
- David Frederick Russell
- Julia Russell
- Sally Gordon
- Sally Hallowell-Carew
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £28k | £32k |
| 31/12/2023 | £27k | £35k |
| 31/12/2022 | £24k | £23k |
| 31/12/2021 | £19k | £8k |
| 31/12/2020 | £4 | £22k |
Common questions
Is THE MILL GARDEN TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds have decreased from £6,789 to £2,725 due to a net expenditure of £4,084. The trustees acknowledge that available reserves have been reduced by increased expenditure and aim to maintain sufficient reserves for three months of anticipated costs. The charity relies on external gardeners for maintenance and monitors future risks regarding access to the gardens. Its FY2024 accounts were independently examined.