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NML FOUNDATION

Registered charity 1150493 · accounts filings on the Charity Commission register · also known as NMLF

Latest income
£221k
Latest spending
£588k
Registered
2013
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity held unrestricted reserves of £6,876,398 at the year end, a decrease from £7,317,280 in the prior year. The trustees report that the level of reserves held is sufficient to enable the charity to continue its current activities in the event of a reduction in funding. The charity had no employees and incurred no fundraising costs during the period.

What the accounts disclose

Reserves policy: sufficient to enable the charity to continue its current activities in the event of a reduction in funding (held: £6.9m)
“The charity currently has only minimal financial obligations and the trustees are of the opinion that the level of reserves held is suificient to enable the charity to continue its current activities in the event of a reduction in funding.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by DSG Chartered Accountants.

Structured financials (annual return, FY ending 31/03/2024)

Total income
£3.1m
Total spending
£1.1m
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Knowsley · Liverpool City · Sefton · St Helens · Wirral

Income and spending

Financial year endIncomeSpending
31/03/2025£221k£588k
31/03/2024£3.1m£1.1m
31/03/2023£1.0m£1.5m
31/03/2022£3.0m£2.0m
31/03/2021£3.4m£6k

Common questions

Is NML FOUNDATION financially healthy?

The accounts state that the charity held unrestricted reserves of £6,876,398 at the year end, a decrease from £7,317,280 in the prior year. The trustees report that the level of reserves held is sufficient to enable the charity to continue its current activities in the event of a reduction in funding. The charity had no employees and incurred no fundraising costs during the period. Its FY2023 accounts were audited by DSG Chartered Accountants.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE NGT FOUNDATION1£6.7m
THE MASTER CHARITABLE TRUST1£5.3m
GARFIELD WESTON FOUNDATION1£3.0m
THE ROTHSCHILD FOUNDATION1£980k
S P LOHIA FOUNDATION1£90k
THE VASEPPI TRUST1£75k
THE CHRISTOPHER AND HENRY OLDFIELD TRUST1£25k
THE JOHN BOOTH CHARITABLE FOUNDATION1£17k

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