MGCFUTURES LTD
The principal object of the charity is to promote, maintain, improve and advance the education and appreciation of the dramatic arts for the benefit of the public, in particular but not exclusively through the provision of participatory activities, training and access to the work of Michael Grandage and other leading arts providers.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £54,698 for the year, resulting in a decrease in total funds from £178,197 to £123,499. The trustees maintain a reserves policy to cover forecast overheads for six months, with unrestricted reserves of £121,329 held at the balance sheet date. The independent examiner confirmed that no material matters came to their attention during the examination of the financial statements.
What the accounts disclose
“The Trustees’ reserves and funding policy is to try to ensure that funds are maintained at a level sufficient to cover the forecast overheads for the ensuing 6 months.”
“Included within donations for the year were amounts totalling £7,941 (2024: £11,194) from Trustees of the Charity. There were no conditions placed on these donations.” — page 15
Corporate structure
- Registered company of the charity Companies House 08447600
Company officers (Companies House)
- KALININA, Polina, Ms. on trustee list
- LOWY MITCHELL, Hannah Ruth, The Lady not on trustee list
- MAJOR, Joan Mary on trustee list
- WALLER, Ralph, Reverend Sir on trustee list
- HEALY, Jeremiah on trustee list
- PINS, Anthony David on trustee list
Trustees
- Anthony Pinschair
- JEREMIAH HEALY
- Joan Mary Major
- Polina Kalinina
- Reverend Sir Ralph Waller
- The Lady Hannah Ruth Lowy Mitchell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £119k | £173k |
| 31/08/2024 | £169k | £160k |
| 31/08/2023 | £76k | £149k |
| 31/08/2022 | £68k | £123k |
| 31/08/2021 | £352k | £128k |
Common questions
Is MGCFUTURES LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £54,698 for the year, resulting in a decrease in total funds from £178,197 to £123,499. The trustees maintain a reserves policy to cover forecast overheads for six months, with unrestricted reserves of £121,329 held at the balance sheet date. The independent examiner confirmed that no material matters came to their attention during the examination of the financial statements. Its FY2025 accounts were independently examined.
Who funds MGCFUTURES LTD?
Funders whose own accounts filings name MGCFUTURES LTD as a grant recipient include THE MACKINTOSH FOUNDATION, THE WILLIAMS CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MACKINTOSH FOUNDATION | FY2023 | £15k | |
| THE WILLIAMS CHARITABLE TRUST | FY2025 | £4k | |
| THE WILLIAMS CHARITABLE TRUST | FY2024 | £2k |