KAREN MORRIS MEMORIAL TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £975,850, significantly exceeding the trustees' policy target of five years' committed expenditure. The charity reported a net income of £445,331 and total resources expended of £202,995, resulting in a strong financial position with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The trustees have adopted a policy to hold reserves sufficient to fund approximately five years committed expenditure on charitable activities.” — page 5
Structured financials (annual return, FY ending 31/05/2024)
Register events
- Received assets from another charity (07/05/2013)
Trustees
- ALAN LAWRENCE BANES
- DEBORAH JANE JEPPS
- Dr Andres Virchis
- JACQUI SEGAL
- James Borgh Francken
- Lindsey Block
- NICHOLAS ANDREW SPENCER
- Sau Darren Levitt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £169k | £213k |
| 31/05/2024 | £648k | £203k |
| 31/05/2023 | £202k | £171k |
| 31/05/2022 | £131k | £167k |
| 31/05/2021 | £76k | £163k |
Common questions
Is KAREN MORRIS MEMORIAL TRUST financially healthy?
The accounts state that unrestricted funds increased to £975,850, significantly exceeding the trustees' policy target of five years' committed expenditure. The charity reported a net income of £445,331 and total resources expended of £202,995, resulting in a strong financial position with no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Blick Rothenberg Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KUSUMA TRUST UK | 1 | £92k |
| Salisbury Hospice Charity Limited | 1 | £61k |
| TOM AND SHEILA SPRINGER CHARITY | 1 | £29k |
| THE ELIZABETH FRANKLAND MOORE AND STAR FOUNDATION | 1 | £16k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £15k |
| THE VALENTINE CHARITABLE TRUST | 1 | £10k |
| THE VICTORIA FOUNDATION | 1 | £9k |
| ELLINGHAM AND RINGWOOD AGRICULTURAL SOCIETY | 1 | £7k |