THE MICHAEL BARNARD CHARITABLE TRUST
Latest income
£111k
Latest spending
£151k
Registered
2014
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased from £1,066,978 to £1,029,456 due to a net expenditure of £37,522, which included a £17,697 loss from fraud. The trustees report a reasonable expectation of going concern, citing adequate resources for the foreseeable future despite the reported shortage of liquid funds.
What the accounts disclose
Reserves policy: unspecified amount, intended to protect future operations from unforeseen variations in income (held: £1.0m)
“It is the policy of the charitable trust to hold reserves in its' General Fund that have not yet been committed or designated for any particular purpose. The Trustees have set aside these reserves in order to protect the future operations of the charitable company from the effects of any unforeseen variations in its income streams as part of a policy of good financial management practice.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Governance: The document mentions a 'serious data protection breach by Vodafone' and 'theft from a fraudster', but these are operational incidents/fraud losses, not explicitly stated governance failures of the charity's own internal controls or regulator engagement. The examiner report states 'no matters have come to my attention... giving me cause to believe... accounting records were not kept'. Thus, no governance flags meet the 'serious explicitly-stated matters' threshold for the charity itself.
“The theft was made possible by a serious data protection breach by Vodafone.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- MICHAEL BARNARDchair
- JOHN SUMMERTON
- John Caulcutt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £111k | £151k |
| 31/03/2024 | £57k | £132k |
| 31/03/2023 | £51k | £114k |
| 31/03/2022 | £21k | £83k |
| 31/03/2021 | £9k | £161k |
Common questions
Is THE MICHAEL BARNARD CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves decreased from £1,066,978 to £1,029,456 due to a net expenditure of £37,522, which included a £17,697 loss from fraud. The trustees report a reasonable expectation of going concern, citing adequate resources for the foreseeable future despite the reported shortage of liquid funds. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £40k |
| THE CHRISTOPHER LAING FOUNDATION | 1 | £15k |
| THE KIRBY LAING FOUNDATION | 1 | £5k |