MCS CHARITABLE FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net surplus of £1,697,596 for the year ended 31 December 2023, driven primarily by trading income from its subsidiary. Per the trustees' report, unrestricted funds totalled £9,588,787 at year-end, with managed cash and investments representing 13 months of budgeted cash outflows, well above the stated policy target of three months.
What the accounts disclose
“The Trustees’ minimum expectation is to maintain sufficient managed cash and investments to fund at least three months of annualised forecast gross cash outflows.” — page 18
“£nil (2022: £3,645) was paid to Herefordshire Green Network for whom trustee Gareth Williams is a Steering Group member.”
“£19,500 (2022: £10,500) of sales were made to Caplor Energy Limited, a company owned by Gareth Williams.” — page 45
“£nil (2022: £3,645) was paid to Herefordshire Green Network for whom trustee Gareth Williams is a Steering Group member.”
“£19,500 (2022: £10,500) of sales were made to Caplor Energy Limited, a company owned by Gareth Williams.” — page 45
Leadership, per the charity’s website
- Lisa Cooke — Managing Director
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Fabio Silva Nehmechair
- David Stuart Pinder
- Karen Shearer
- Matthew Benjamin Billson
- Professor Mary Ethna Black
- Rebecca Evelyn Ritchie
- Sarah Kate Gosling
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £8.8m | £8.2m |
| 31/12/2023 | £8.0m | £6.5m |
| 31/12/2022 | £5.6m | £4.1m |
| 31/12/2021 | £3.3m | £3.3m |
| 31/12/2020 | £1.2m | £1.6m |
Common questions
Is MCS CHARITABLE FOUNDATION financially healthy?
The accounts state that the charity reported a net surplus of £1,697,596 for the year ended 31 December 2023, driven primarily by trading income from its subsidiary. Per the trustees' report, unrestricted funds totalled £9,588,787 at year-end, with managed cash and investments representing 13 months of budgeted cash outflows, well above the stated policy target of three months. Its FY2023 accounts were audited by Saffery LLP.
Who funds MCS CHARITABLE FOUNDATION?
Funders whose own accounts filings name MCS CHARITABLE FOUNDATION as a grant recipient include THE AURORA TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE AURORA TRUST | FY2023 | £50k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ONE FOOTSTEP | 1 | — |
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £21.1m |
| THE GRAND CHARITY | 1 | £6.6m |
| NORTHUMBERLAND MASONIC CHARITY ASSOCIATION | 1 | £275k |
| Leicestershire and Rutland Freemasons' Charity (LRFC) | 1 | £187k |
| THE MOTIVATION CHARITABLE TRUST | 1 | £81k |
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | 1 | £40k |
| HALLMARK CARE HOMES FOUNDATION | 1 | £26k |