THE FAVERSHAM MUNICIPAL CHARITIES 2010
Financial health, per its FY2023 accounts
The accounts state that the charity reported a total surplus of £260,266 for the year ended 31 December 2023, with unrestricted reserves increasing to £2,616,697. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting. The charity holds cash and investments to generate income for maintenance and repair, with no stated reserves policy target disclosed.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (31/12/2012)
- Received assets from another charity (31/12/2012)
Trustees
- Municipal Charities of Faversham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £2.5m | £691k |
| 31/12/2024 | £492k | £567k |
| 31/12/2023 | £414k | £440k |
| 31/12/2022 | £470k | £460k |
| 31/12/2021 | £482k | £435k |
Common questions
Is THE FAVERSHAM MUNICIPAL CHARITIES 2010 financially healthy?
The accounts state that the charity reported a total surplus of £260,266 for the year ended 31 December 2023, with unrestricted reserves increasing to £2,616,697. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting. The charity holds cash and investments to generate income for maintenance and repair, with no stated reserves policy target disclosed. Its FY2023 accounts were audited by Magee Gammon Corporate Limited.
Who funds THE FAVERSHAM MUNICIPAL CHARITIES 2010?
Funders whose own accounts filings name THE FAVERSHAM MUNICIPAL CHARITIES 2010 as a grant recipient include THE CHRISTOPHER AND HENRY OLDFIELD TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | FY2023 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HOLMFIELD CHARITABLE TRUST | 1 | £202k |
| CML - CHEVRAS MO'OZ LADOL | 1 | £21k |
| THE HOLDEN CHARITABLE TRUST | 1 | £13k |
| EZRAS YOEL | 1 | £10k |
| SHAAREI RACHAMIM LIMITED | 1 | £9k |
| TRUEDENE CO LIMITED | 1 | £5k |
| THE IMAM HUSSEIN FOUNDATION | 1 | £1k |