MAX CAREY WOODTURNING TRUST
The Max Carey Woodturrning Trust's object is to advance the education of the public in the subject of woodturning. It achieves this by providing fully equipped workshop facilities, structured courses and tuition.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £19,860 against expenditure of £38,747, resulting in unrestricted reserves of £100,949. The trustees note that current reserves are below their ideal target of £125,000 but consider the charity a going concern with sufficient resources to continue operations for at least 12 months.
What the accounts disclose
“Although current reserves are below the level that the trustees would ideally like to maintain, they are more than sufficient to support the charity as a going concern.” — page 4
“During the year June Carey (trustee) received rental income of £7,680 (2024: £7,680) from Max Carey Woodturning Trust.” — page 15
Trustees
- STUART BRADFIELDchair
- HAROLD BERNARD CHILDS
- Ian Thomas Burke
- JUNE CAREY
- Jeremy Wall
- Mark David Barton
- Michael McCrea Steele
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £59k | £39k |
| 30/11/2024 | £46k | £37k |
| 30/11/2023 | £45k | £43k |
| 30/11/2022 | £50k | £37k |
| 30/11/2021 | £30k | £28k |
Common questions
Is MAX CAREY WOODTURNING TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £19,860 against expenditure of £38,747, resulting in unrestricted reserves of £100,949. The trustees note that current reserves are below their ideal target of £125,000 but consider the charity a going concern with sufficient resources to continue operations for at least 12 months. Its FY2025 accounts were independently examined.