SPELTHORNE MAYOR'S CHARITY FUND
The Charity allocates funds raised by the Mayor's of Spelthorne to support charities providing benefits for the residents of the Borough of Spelthorne.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £23,687.71 at the year end, following an excess of income over expenditure of £17,682.42. The trustees note a misalignment between the financial year and the Mayoral year, with plans to amend dates to align with the Mayoral term. No investments are held, and the charity operates with minimal administrative costs delegated to the local council.
What the accounts disclose
“balances will only be held at the financial year end to carry forward to the end of the Mayoral Year for distribution by the outgoing Mayor.” — page 2
“The trustees delegate administrative matters to the Mayor’s Secretary, Maxine Cole, employed by Spelthorne Borough Council. Accounting support is provided by Spelthorne Borough Council.” — page 3
Trustees
- TERRY COLLIERchair
- Colin Squire
- Joanne Sexton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £27k | £9k |
| 30/04/2024 | £20k | £28k |
| 30/04/2023 | £39k | £29k |
| 30/04/2022 | £27k | £27k |
| 30/04/2021 | £15k | £23k |
Common questions
Is SPELTHORNE MAYOR'S CHARITY FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £23,687.71 at the year end, following an excess of income over expenditure of £17,682.42. The trustees note a misalignment between the financial year and the Mayoral year, with plans to amend dates to align with the Mayoral term. No investments are held, and the charity operates with minimal administrative costs delegated to the local council. Its FY2025 accounts were independently examined.