THE MILLFIELD HOUSE FOUNDATION (1)
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £883,248 for the year ended 5 April 2023, resulting in a decrease in total fund balances from £7,331,427 to £6,448,179. The trustees maintain that the charity has adequate resources to continue in operation for the foreseeable future, with no material uncertainties identified regarding going concern. The charity's unrestricted reserves are held within endowment funds, which are subject to specific conditions that the capital must be maintained.
What the accounts disclose
Register events
- Received assets from another charity (17/07/2015)
Trustees
- Joanthan Walkerchair
- Andrew Morrell
- Dr Yvonne Gale
- Emma louise Richardson
- LAURA SEEBOHM
- Matthew Roche
- Rosamund Marie Lewis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £134k | £283k |
| 05/04/2024 | £157k | £209k |
| 05/04/2023 | £156k | £281k |
| 05/04/2022 | £144k | £509k |
| 05/04/2021 | £109k | £238k |
Common questions
Is THE MILLFIELD HOUSE FOUNDATION (1) financially healthy?
The accounts state that the charity reported a net deficit of £883,248 for the year ended 5 April 2023, resulting in a decrease in total fund balances from £7,331,427 to £6,448,179. The trustees maintain that the charity has adequate resources to continue in operation for the foreseeable future, with no material uncertainties identified regarding going concern. The charity's unrestricted reserves are held within endowment funds, which are subject to specific conditions that the capital must be maintained. Its FY2023 accounts were audited by Robson Laidler Accountants Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HURDALE CHARITY LIMITED | 1 | £1.3m |
| THE HOPE KEITH VILLAGERS TRUST | 1 | £61k |
| E AND E KERNKRAUT CHARITIES LIMITED | 1 | £26k |
| RONTADES LIMITED | 1 | £25k |
| BEIS KOSOV | 1 | £9k |
| SHAAREI RACHAMIM LIMITED | 1 | £8k |
| KAHAL IMREI CHAIM LIMITED | 1 | £5k |
| TRUEDENE CO LIMITED | 1 | £5k |