FRIENDS OF MONZE
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £75 for the year ended 31 December 2024, with total income of £123,611 and total expenditure of £123,686. Free reserves held at the end of the period were £840, which is significantly below the trustees' stated policy target of maintaining at least three months of funds to support partner operations. The net assets represented by bank accounts were £0, indicating that all available cash was utilized or held in transit during the reporting period.
What the accounts disclose
“The Board judges that a reasonable level of reserves is to ensure that there is always at least three months funds in our account to continue this support for ZaWGF.”
Register events
- Received assets from another charity (03/05/2023)
Trustees
- Mrs Virginia Jane Deana Owenchair
- Belinda Joan Green
- Paul Green
- Peter Anfield Davies Mr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £131k | £131k |
| 31/12/2024 | £124k | £124k |
| 31/12/2023 | £126k | £132k |
| 31/12/2022 | £131k | £127k |
| 31/12/2021 | £132k | £139k |
Common questions
Is FRIENDS OF MONZE financially healthy?
The accounts state that the charity reported a deficit of £75 for the year ended 31 December 2024, with total income of £123,611 and total expenditure of £123,686. Free reserves held at the end of the period were £840, which is significantly below the trustees' stated policy target of maintaining at least three months of funds to support partner operations. The net assets represented by bank accounts were £0, indicating that all available cash was utilized or held in transit during the reporting period. Its FY2024 accounts were audited by P A Davies FCA.
Who funds FRIENDS OF MONZE?
Funders whose own accounts filings name FRIENDS OF MONZE as a grant recipient include THE PETER STEBBINGS MEMORIAL CHARITY, ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT, W F SOUTHALL TRUST, GILCHRIST EDUCATIONAL TRUST, THE AUSTIN BAILEY FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE PETER STEBBINGS MEMORIAL CHARITY | FY2023 | £5k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | FY2024 | £4k |
| W F SOUTHALL TRUST | FY2022 | £3k |
| GILCHRIST EDUCATIONAL TRUST | FY2023 | £1k |
| THE AUSTIN BAILEY FOUNDATION | FY2023 | £1k |
| THE PETER STEBBINGS MEMORIAL CHARITY | FY2024 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HOLMFIELD CHARITABLE TRUST | 1 | £181k |
| GEFEN FOUNDATION | 1 | £73k |
| MW (CL) FOUNDATION | 1 | £70k |
| MYTON CHURCH | 1 | £27k |
| MOLE CHARITABLE TRUST | 1 | £22k |
| IGO FOUNDATION LIMITED | 1 | £10k |
| BESIYATA | 1 | £10k |
| B E PERL CHARITABLE TRUST | 1 | £9k |