MCS CHARITABLE FOUNDATION
THE OBJECTS OF THE CHARITY ARE: (A) THE ADVANCEMENT OF EDUCATION AND ENVIRONMENTAL PROTECTION AND IMPROVEMENT BY EDUCATING THE PUBLIC IN THE SUBJECT OF THE DESIGN, DEVELOPMENT, MANUFACTURE AND INSTALLATION OF RENEWABLE ENERGY AND LOW CARBON TECHNOLOGIES (PRODUCTS AND SYSTEMS) (INCLUDING, FOR THE AVOIDANCE OF DOUBT, PROVIDING BURSARIES TO THOSE WISHING TO PURSUE CAREERS IN THIS AREA
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £477,264 for the year ended 31 December 2024, supported by trading income from its subsidiary. The trustees confirm that the group has sufficient managed cash and investments to fund approximately nine months of budgeted cash outflows, indicating strong liquidity and no material uncertainties regarding going concern.
What the accounts disclose
“The majority of the income related to trading income from the subsidiary of £8,616,242 (2023: £7,840,308).”
“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
“During the year £90,000 (2023: £105,000) was paid to Solar Trade Association for whom trustee Gareth Williams is a Director, and £nil (2023: £19,500) of sales were made to Caplor Energy Limited, a company owned by Gareth Williams.” — page 46
“The MCS Service Company Ltd made a donation of £2,818,699 (2023: £1,923,671) to the Charity under Gift Aid.” — page 46
“During the year £90,000 (2023: £105,000) was paid to Solar Trade Association for whom trustee Gareth Williams is a Director, and £nil (2023: £19,500) of sales were made to Caplor Energy Limited, a company owned by Gareth Williams.” — page 46
“The MCS Service Company Ltd made a donation of £2,818,699 (2023: £1,923,671) to the Charity under Gift Aid.” — page 46
“During the year £90,000 (2023: £105,000) was paid to Solar Trade Association for whom trustee Gareth Williams is a Director, and £nil (2023: £19,500) of sales were made to Caplor Energy Limited, a company owned by Gareth Williams.” — page 46
“The MCS Service Company Ltd made a donation of £2,818,699 (2023: £1,923,671) to the Charity under Gift Aid.” — page 46
“During the year £90,000 (2023: £105,000) was paid to Solar Trade Association for whom trustee Gareth Williams is a Director, and £nil (2023: £19,500) of sales were made to Caplor Energy Limited, a company owned by Gareth Williams.” — page 46
“The MCS Service Company Ltd made a donation of £2,818,699 (2023: £1,923,671) to the Charity under Gift Aid.” — page 46
Leadership, per the charity’s website
- Lisa Cooke — Managing Director
Funders the charity credits
Electoral Commission register entries
- Cash: Liberal Democrats — £3k
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?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £477,264 for the year ended 31 December 2024, supported by trading income from its subsidiary. The trustees confirm that the group has sufficient managed cash and investments to fund approximately nine months of budgeted cash outflows, indicating strong liquidity and no material uncertainties regarding going concern. Its FY2024 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 | Purpose (as stated by the funder) |
|---|---|---|---|
| THE AURORA TRUST | FY2023 | £50k | To contribute to the costs of setting up a project supporting local councils develop energy efficiency programmes for residents. |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GRAND CHARITY | 1 | £29.6m |
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £23.2m |
| NORTHUMBERLAND MASONIC CHARITY ASSOCIATION | 1 | £825k |
| Leicestershire and Rutland Freemasons' Charity (LRFC) | 1 | £187k |
| THE MOTIVATION CHARITABLE TRUST | 1 | £81k |
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | 1 | £41k |
| HALLMARK CARE HOMES FOUNDATION | 1 | £36k |
| ONE FOOTSTEP | 1 | £20k |
Charities like this
- MCS Foundation
- THE SAIFEE FOUNDATION OF EUROPE
- MASTERS FOUNDATION
- MASONIC CHARITABLE FOUNDATION
- THE LANCASHIRE FOUNDATION
- THE MITSUBISHI CORPORATION FOUNDATION FOR EMEA CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MCS CHARITABLE FOUNDATION | £8.8m | — | — | above | — | no doubt |
| MCS Foundation | £165k | — | 0 | unclear | 0.0% | no doubt |
| THE SAIFEE FOUNDATION OF EUROPE | £21.1m | — | 0 | above | — | no doubt |
| MASTERS FOUNDATION | £999k | — | 0 | unclear | — | no doubt |
| MASONIC CHARITABLE FOUNDATION | £90.8m | — | — | within | — | no doubt |
| THE LANCASHIRE FOUNDATION | £956k | — | 0 | above | — | no doubt |