THE MAHORO CHARITABLE TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity had no incoming resources from voluntary income in the current year, relying instead on investment income and donor gifts. The unrestricted fund balance increased to £498,438, while the expendable endowment remained stable at £1,030,966. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trust received a donation of f500, 000 from Mr S L Ellis in 2022/23. (2021/22 6 Nil)” — page 14
Structured financials (annual return, FY ending 05/04/2023)
Trustees
- HOLLY JANE ELLIS
- JENNY LOUISE ELLIS
- LUKE ELLIS
- Rory Daniel Ellis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £126k | £353k |
| 05/04/2024 | £13k | £284k |
| 05/04/2023 | £625k | £472k |
| 05/04/2022 | £0 | £707k |
| 05/04/2021 | £938k | £454k |
Common questions
Is THE MAHORO CHARITABLE TRUST financially healthy?
The accounts state that the charity had no incoming resources from voluntary income in the current year, relying instead on investment income and donor gifts. The unrestricted fund balance increased to £498,438, while the expendable endowment remained stable at £1,030,966. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MYR CHARITABLE TRUST | 1 | £30k |
| THE ROZAC CHARITABLE TRUST | 1 | £9k |
| C AND F CHARITABLE TRUST | 1 | £6k |