THE MIDDLETON FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £2,484,731, with £2,429,040 designated to the Molly's Project. The trustees consider that free reserves of £66,000 are appropriate, which is above their stated policy target of approximately £55,000 (three months of expenditure). The charity reported a net income of £2,401,351, driven largely by donations, and maintains a positive cash balance.
What the accounts disclose
“The company has a wholly owned trading subsidiary, Charity Escapes Trading Company Limited Company number 10480807.” — page 4
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- Catherine Middleton
- Jeremy Middleton
- Lucy Elizabeth Middleton
- Paul Ronald Woolston
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £145k | £38k |
| 31/03/2024 | £168k | £180k |
| 31/03/2023 | £2.7m | £267k |
| 31/03/2022 | £154k | £186k |
| 31/03/2021 | £99k | £187k |
Common questions
Is THE MIDDLETON FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £2,484,731, with £2,429,040 designated to the Molly's Project. The trustees consider that free reserves of £66,000 are appropriate, which is above their stated policy target of approximately £55,000 (three months of expenditure). The charity reported a net income of £2,401,351, driven largely by donations, and maintains a positive cash balance. Its FY2023 accounts were audited by Azets Audit Services.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Evergreen Care UK | 1 | £500 |