PH MEDIA GROUP 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.
Financial health, per its FY2023 accounts
The accounts state that the charity generated a surplus of £47,026 from £73,630 in donations against £26,605 in payments, resulting in unrestricted reserves of £173,278. The trustees report that the charity does not have a reserves policy and intends to distribute all receipts, noting that the current balance arises from timing differences and will be fully distributed in subsequent periods. The filing confirms there is no uncertainty regarding going concern status, with sufficient reserves to sustain activities for at least 12 months.
What the accounts disclose
“The Charity’s principal source of funds are Please Hold Media Group (PHMG) and the Company’s staff who were responsible for the £74k of donations in the year.” — page 1
“The Charity’s principal source of funds are Please Hold Media Group (PHMG) and the Company’s staff who were responsible for the £74k of donations in the year.” — page 1
“The trustees of the Charity are appointed by the directors of PHMG.” — page 2
“The Charity’s principal source of funds are Please Hold Media Group (PHMG) and the Company’s staff who were responsible for the £74k of donations in the year.” — page 1
“The trustees of the Charity are appointed by the directors of PHMG.” — page 2
Trustees
- JASON DAYE
- MR CHRIS BERISFORD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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 FY2023 accounts: The accounts state that the charity generated a surplus of £47,026 from £73,630 in donations against £26,605 in payments, resulting in unrestricted reserves of £173,278. The trustees report that the charity does not have a reserves policy and intends to distribute all receipts, noting that the current balance arises from timing differences and will be fully distributed in subsequent periods. The filing confirms there is no uncertainty regarding going concern status, with sufficient reserves to sustain activities for at least 12 months. Its FY2023 accounts were independently examined.