THE MABS MARDULYN CHARITABLE FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted net assets increased to £14,548,649.13, supported by significant investment gains of £1,567,959.84. The charity reported no employees and explicitly stated it does not engage in fundraising, relying entirely on investment income and capital growth to fund grants. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustee has made provision for liquid funds to cover the anticipated grants and expenses in the coming year.” — page 5
Trustees
- MMCF TRUSTEE LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £271k | £1.1m |
| 05/04/2024 | £209k | £655k |
| 05/04/2023 | £211k | £627k |
| 05/04/2022 | £166k | £620k |
| 05/04/2021 | £149k | £568k |
Common questions
Is THE MABS MARDULYN CHARITABLE FOUNDATION financially healthy?
The accounts state that unrestricted net assets increased to £14,548,649.13, supported by significant investment gains of £1,567,959.84. The charity reported no employees and explicitly stated it does not engage in fundraising, relying entirely on investment income and capital growth to fund grants. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAVID LISTER CHARITABLE TRUST | 1 | £7k |