THE GUY AND ELINOR MEYNELL CHARITABLE TRUST
Financial health, per its FY2023 accounts
The accounts state that the Trust holds total unrestricted reserves of £3,015,722, comprising a Trust Capital Fund of £2,902,615 and a Trust Income Fund of £113,107. The Trustees report no formal reserves policy, noting instead an intention to retain a small portion of income to supplement grant-making when investment yields decrease. The filing confirms adequate resources for going concern with no material uncertainties identified.
What the accounts disclose
“One of the Trustees, K Methold, is a Member of Rooks Rider Solicitors LLP; Rooks Rider Solicitors LLP received an amount of 57,864 (2022: f1 0, 881) in the year in respect of professional services provided to the TIUSL” — page 21
Structured financials (annual return, FY ending 05/04/2023)
Trustees
- JAMES CHARLES MORLEY WENYON
- JOHN BERGER
- KAREN JOAN METHOLD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £373k | £103k |
| 05/04/2024 | £62k | £87k |
| 05/04/2023 | £1.3m | £111k |
| 05/04/2022 | £422k | £115k |
| 05/04/2021 | £855k | £136k |
Common questions
Is THE GUY AND ELINOR MEYNELL CHARITABLE TRUST financially healthy?
The accounts state that the Trust holds total unrestricted reserves of £3,015,722, comprising a Trust Capital Fund of £2,902,615 and a Trust Income Fund of £113,107. The Trustees report no formal reserves policy, noting instead an intention to retain a small portion of income to supplement grant-making when investment yields decrease. The filing confirms adequate resources for going concern with no material uncertainties identified. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ALBERT DAWSON EDUCATIONAL TRUST | 1 | £23k |