ISLE OF WIGHT MENCAP
Financial health, per its FY2023 accounts
The accounts state that total funds at year-end were £1,391,075, representing a net decrease of £6,718 from the previous year. The charity reported total incoming resources of £370,557 against resources expended of £373,492, resulting in a slight deficit for the period. The trustees confirmed that maintaining reserves at current levels provides sufficient resources in the event of adverse conditions.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (13/06/2025)
- Received assets from another charity (14/06/2018)
Trustees
- Christopher Fordchair
- Ann Miller
- Brian Wilson
- Charles Cook
- DAVID VICTOR DOWNER
- FREDERICK COOK
- JOHN IVOR PHILLIPS
- Louise Anna Lamport
- Samuel Jefferies
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £604k | £500k |
| 31/03/2024 | £473k | £430k |
| 31/03/2023 | £371k | £373k |
| 31/03/2022 | £481k | £318k |
| 31/03/2021 | £414k | £231k |
Common questions
Is ISLE OF WIGHT MENCAP financially healthy?
The accounts state that total funds at year-end were £1,391,075, representing a net decrease of £6,718 from the previous year. The charity reported total incoming resources of £370,557 against resources expended of £373,492, resulting in a slight deficit for the period. The trustees confirmed that maintaining reserves at current levels provides sufficient resources in the event of adverse conditions. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FRIENDS OF WIZNITZ LIMITED | 1 | £335k |
| SF FOUNDATION | 1 | £209k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £154k |
| CMZ LTD | 1 | £137k |
| NES FOUNDATION LTD | 1 | £112k |
| THE CHARLES LEWIS FOUNDATION | 1 | £108k |
| MERCAZ TORAH VECHESED LIMITED | 1 | £104k |
| THE FRANK JACKSON FOUNDATION | 1 | £90k |