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PH MEDIA GROUP FOUNDATION

Registered charity 1150920 · accounts filings on the Charity Commission register · also known as PHMG FOUNDATION

PHMG Foundation aims to raise money and generate awareness for charities to aid illness, disability, poverty and sickness.The public will directly benefit from every penny raised through the Foundation as it goes directly to a broad range of charities.

Objects

TO FURTHER THE FOLLOWING CHARITABLE PURPOSES FOR THE BENEFIT OF THE PUBLIC IN THE UNITED KINGDOM IN PARTICULAR BY SUPPORTING CHARITIES (OR ORGANISATIONS THAT FURTHER A CHARITABLE PURPOSE OR PURPOSES) WHOSE AIMS INCLUDE:- THE RELIEF OR PREVENTION OF POVERTY;- THE RELIEF OF THOSE IN FINANCIAL NEED, HARDSHIP OR DISTRESS;- THE RELIEF OF SICKNESS OR DISEASE; ANDAT THE DISCRETION OF THE TRUSTEES TO FURTHER SUCH OTHER CHARITABLE PURPOSE OR PURPOSES (CHARITABLE UNDER ENGLISH LAW) AS THEY SEE FIT FROM TIME TO TIME.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£105k
Latest spending
£106k
Registered
2013
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity operated at a planned deficit of £1,324, reducing unrestricted reserves to £171,954. The trustees report that the charity does not have a reserves policy, as the intention is to distribute all receipts, and the current balance arises from timing differences. The charity confirms it has no material uncertainty regarding its going concern status and holds sufficient cash to sustain activities for at least 12 months.

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

What the accounts disclose

Largest income source: Please Hold Media Group (PHMG) and the Company's staff (100% of income)
“The Charity’s principal source of funds are Please Hold Media Group (PHMG) and the Company's staff who were responsible for the £105k of donations in the year.” — page 1
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from PHMG and its staff
“The Charity’s principal source of funds are Please Hold Media Group (PHMG) and the Company's staff who were responsible for the £105k of donations in the year.” — page 1
“The trustees of the Charity are appointed by the directors of PHMG.” — page 2
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees appointed by PHMG board of directors
“The Charity’s principal source of funds are Please Hold Media Group (PHMG) and the Company's staff who were responsible for the £105k of donations in the year.” — page 1
“The trustees of the Charity are appointed by the directors of PHMG.” — page 2
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: City Of London · Lancashire · Liverpool City · Manchester City · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£105k£106k
31/12/2023£74k£27k
31/12/2022£12k£13k
31/12/2021£0£0
31/12/2020£53k£53k

Common questions

Is PH MEDIA GROUP FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity operated at a planned deficit of £1,324, reducing unrestricted reserves to £171,954. The trustees report that the charity does not have a reserves policy, as the intention is to distribute all receipts, and the current balance arises from timing differences. The charity confirms it has no material uncertainty regarding its going concern status and holds sufficient cash to sustain activities for at least 12 months. Its FY2024 accounts were independently examined.