THE MERCIAN REGIMENTAL CHARITY
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £191,734 for the year, resulting in a decrease in total funds from £3,146,366 to £2,954,632. This decline was primarily driven by significant investment losses of £192,915, which outweighed the net income from charitable activities and fundraising. Despite the loss, the trustees confirmed the charity has adequate resources to continue operating on a going concern basis.
What the accounts disclose
Register events
- Received assets from another charity (06/04/2019)
Trustees
- LT GEN SIR IAN CAVE KCBchair
- BRIG PHILIP KIMBER OBE
- Brig Charles Ginn CBE
- Brig Simon Banton OBE
- COL ADRIAN WALTON MBE
- LT COL ANDREW LAWSON
- LT COL Mark Jackson OBE
- LT COL NEIL MACKINTOSH
- LT COL NEIL PARKINSON OBE
- MAJ MARK BANKS
- MARK ELLIOTT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £274k | £201k |
| 31/03/2024 | £275k | £304k |
| 31/03/2023 | £153k | £151k |
| 31/03/2022 | £141k | £264k |
| 31/03/2021 | £157k | £163k |
Common questions
Is THE MERCIAN REGIMENTAL CHARITY financially healthy?
The accounts state that the charity reported a net expenditure of £191,734 for the year, resulting in a decrease in total funds from £3,146,366 to £2,954,632. This decline was primarily driven by significant investment losses of £192,915, which outweighed the net income from charitable activities and fundraising. Despite the loss, the trustees confirmed the charity has adequate resources to continue operating on a going concern basis. Its FY2023 accounts were independently examined.
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