RICHARD MACKAY CHARITABLE TRUST
The charity supports a limited number of causes known to the trustees.
Objects
SUCH CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT IN THE UNITED KINGDOM AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION THINK FIT, INCLUDING BUT NOT LIMITED TO THE ADVANCEMENT OF MEDICAL AND SOCIAL WELFARE, IN PARTICULAR (BUT AGAIN WITHOUT LIMITATION) IN THE AREA OF LEICESTERSHIRE.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £2,321,359 at year-end, having made grants of £474,614 and incurred support costs of £324. The trustees confirm the charity has adequate resources for the foreseeable future and adopted the going concern basis. The reserves policy states that it is not the policy to hold reserves committed for specific purposes, intending to pay out all generated funds as appropriate causes are evaluated.
What the accounts disclose
“It is not the policy of the charity to hold reserves committed or designated for specific purposes. The trustees intend that all funds generated from investments should be paid out in furtherance of the charity's objectives as soon as appropriate causes can be evaluated.” — page 5
Policies the charity declares
- Internal charity financial controls policy and procedures
- Investment
Trustees
- RICHARD MACKAYchair
- ALICIA MACKAY
- ANDREW COOK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £41k | £500k |
| 31/12/2024 | £36k | £650k |
| 31/12/2023 | £30k | £394k |
| 31/12/2022 | £24k | £292k |
| 31/12/2021 | £17k | £433k |
Common questions
Is RICHARD MACKAY CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £2,321,359 at year-end, having made grants of £474,614 and incurred support costs of £324. The trustees confirm the charity has adequate resources for the foreseeable future and adopted the going concern basis. The reserves policy states that it is not the policy to hold reserves committed for specific purposes, intending to pay out all generated funds as appropriate causes are evaluated. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROZAC CHARITABLE TRUST | 1 | £9k |
| H P CHARITABLE TRUST | 1 | £1k |
Charities like this
- CELIA MACKAY CHARITABLE TRUST
- MYR CHARITABLE TRUST
- THE RICHARD MEINS CHARITABLE TRUST
- R M SALES CHARITABLE TRUST
- SCJM CHARITABLE TRUST
- THE MACKAY AND BREWER CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RICHARD MACKAY CHARITABLE TRUST | £41k | — | 0 | unclear | — | no doubt |
| CELIA MACKAY CHARITABLE TRUST | £61k | — | 0 | unclear | — | no doubt |
| MYR CHARITABLE TRUST | £114k | — | 0 | unclear | — | no doubt |
| THE RICHARD MEINS CHARITABLE TRUST | £180k | — | 0 | unclear | — | no doubt |
| R M SALES CHARITABLE TRUST | £0 | — | 0 | unclear | — | no doubt |
| SCJM CHARITABLE TRUST | £54k | — | 0 | below | — | noted |