Charity Accounts Intelreading the accounts so you don’t have to

THE MILLBY FOUNDATION

Registered charity 1140985 · accounts filings on the Charity Commission register · also known as THE MILLBY CHARITABLE TRUST, THE MILLBY TRUST

Latest income
£1.4m
Latest spending
£1.4m
Registered
2011
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves stood at £748,208, which is below the trustees' stated policy target of maintaining six months of charitable expenditure. The charity reported a net movement in funds of -£19,386 for the year, driven by charitable expenditure exceeding donations and currency exchange losses.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The Trustees aim to maintain reserves in unrestricted funds at a level which equates to approximately six months of charitable expenditure.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

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

Total income
£1.4m
Total spending
£1.4m
Reserves (reported)
£754k
Employees
0

Reported reserves equal ~6.5 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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£1.4m£1.4m
31/12/2023£692k£699k
31/12/2022£651k£653k
31/12/2021£241k£239k
31/12/2020£2.1m£2.1m

Common questions

Is THE MILLBY FOUNDATION financially healthy?

The accounts state that unrestricted reserves stood at £748,208, which is below the trustees' stated policy target of maintaining six months of charitable expenditure. The charity reported a net movement in funds of -£19,386 for the year, driven by charitable expenditure exceeding donations and currency exchange losses. Its FY2023 accounts were independently examined.

Charities like this

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