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

THE TMT FOUNDATION

Registered charity 1148730 · accounts filings on the Charity Commission register

TMT Foundation operates across the UK, with a special emphasis on supporting causes in the South West of England. We are active in providing medical grants and relief of poverty & homelessness. We are especially committed to support disadvantaged children. Our Giving Hope Through Education programs provide a whole new vista of opportunity to those who otherwise would have little chance in life.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · Get email alerts

Latest income
£50k
Latest spending
£61k
Registered
2012
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £500,253 at year-end, representing a decrease from the previous year's £510,861. The trustees report that systems are in place to mitigate major risks and confirm the charity is a going concern with adequate resources for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and legacies (100% of income)
“Donations and gifts 50,000”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from Moroak Holdings Ltd, a company where trustees Mr T Barter, Mr M Barter and Mr T Browning are shareholders.
“During the year the foundation received donations amounting to £50,000 from Moroak Holdings Ltd (2023: £350,000). The trustee's Mr T Barter, Mr M Barter and Mr T Browning are all shareholders of Moroak Holdings Ltd.” — page 16
“A grant of £36,000 (2023:£36,000) was awarded to Yeovil Gospel Hall Trust, of which Mr T Browning acts as a trustee for.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant awarded to Yeovil Gospel Hall Trust, of which trustee Mr T Browning acts as a trustee.
“During the year the foundation received donations amounting to £50,000 from Moroak Holdings Ltd (2023: £350,000). The trustee's Mr T Barter, Mr M Barter and Mr T Browning are all shareholders of Moroak Holdings Ltd.” — page 16
“A grant of £36,000 (2023:£36,000) was awarded to Yeovil Gospel Hall Trust, of which Mr T Browning acts as a trustee for.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Trustees · trustee networks

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£50k£61k
31/12/2023£380k£504k
31/12/2022£12k£174k
31/12/2021£22k£71k
31/12/2020£316k£432k

Common questions

Is THE TMT FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £500,253 at year-end, representing a decrease from the previous year's £510,861. The trustees report that systems are in place to mitigate major risks and confirm the charity is a going concern with adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.