SMD FOUNDATION

Registered charity 1167956 · accounts filings on the Charity Commission register

Latest income
£223k
Latest spending
£205k
Registered
2016
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net income of £312,446 for the year ended 30 November 2023, driven by donations and investment returns. The trustees consider the level of unrestricted reserves to be acceptable given the charity's limited financial obligations and revenue patterns.

What the accounts disclose

Reserves policy: roughly equal to the net current assets of the charity (held: £43k)
the trustees have resolved to maintain a minimum reserve roughly equal to the net current assets of the charity.
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from related companies
Donations to SMD Foundation during the year include amounts totaling £282,166 received from some of the above-named companies.
During the year, Bird ITH Cottages Ltd and Coppice Estates together donated £16,806 to the charity.
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from related companies
Donations to SMD Foundation during the year include amounts totaling £282,166 received from some of the above-named companies.
During the year, Bird ITH Cottages Ltd and Coppice Estates together donated £16,806 to the charity.
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Outstanding loans from related parties
Donations to SMD Foundation during the year include amounts totaling £282,166 received from some of the above-named companies.
During the year, Bird ITH Cottages Ltd and Coppice Estates together donated £16,806 to the charity.
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bury · Salford City

Income and spending

Financial year endIncomeSpending
30/11/2024£223k£205k
30/11/2023£413k£100k
30/11/2022£244k£139k
30/11/2021£235k£98k
30/11/2020£121k£98k

Common questions

Is SMD FOUNDATION financially healthy?

The accounts state that the charity reported a net income of £312,446 for the year ended 30 November 2023, driven by donations and investment returns. The trustees consider the level of unrestricted reserves to be acceptable given the charity's limited financial obligations and revenue patterns. Its FY2023 accounts were independently examined.

Who funds SMD FOUNDATION?

Funders whose own accounts filings name SMD FOUNDATION as a grant recipient include GIVE US A CHANCE, UK FRIENDS OF AHAVAS CHESED, B K CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
AMABRILL LTD1£636k
ACHISOMOCH AID COMPANY LIMITED1£229k
COUNTYPIER LIMITED1£129k
SF FOUNDATION1£29k
SABENO LIMITED1£27k
BESIYATA1£20k
NER FOUNDATION1£15k
VAIDICHKA1£15k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SMS FOUNDATION.