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MY BAG CHARITY

Registered charity 1178042 · accounts filings on the Charity Commission register

THE PREVENTION OR RELIEF OF POVERTY OF VULNERABLE CHILDREN THROUGHOUT ENGLAND FOR THE PUBLIC BENEFIT BY SUPPLYING A HOLDALL WITH ESSENTIAL AND COMFORT ITEMS AS THEY ENTER FOSTER CARE, IN ORDER TO HELP THOSE CHILDREN HAVE A MORE POSITIVE EXPERIENCE AND ENSURING THEY HAVE A MORE STABLE AND SUPPORTED OPPORTUNITY IN THE CARE SYSTEM.

Causes: Disability · The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£31k
Latest spending
£35k
Registered
2018
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity held unrestricted reserves of £39,482 at the year end, which the trustees note is equivalent to the amount expected to be spent in the following financial year. The filing reports a net income deficit of £3,666 for the period but confirms a strong financial position with no going concern issues.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Business/Organisational Donations (59% of income)
“Business/Organisational Donations 18,264”
Per its FY2025 accounts as filed with the Charity Commission.
Fundraising cost ratio: 3.2% of fundraised income
“this year our overheads amounts to just 3.2% of income raised”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: equivalent to the amount of money that the charity expects to spend in the following financial year (held: £39k)
“Any excess funds are held so that the charity can achieve it’s aim of giving each child in Nottingham and Nottinghamshire a ‘My Bag’ as they enter Foster Car for the first time”
Per its FY2025 accounts as filed with the Charity Commission.

Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — My Bag Charity (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£31k£35k
31/03/2024£36k£32k
31/03/2023£23k£19k
31/03/2022£13k£16k
31/03/2021£23k£9k

Common questions

Is MY BAG CHARITY financially healthy?

Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £39,482 at the year end, which the trustees note is equivalent to the amount expected to be spent in the following financial year. The filing reports a net income deficit of £3,666 for the period but confirms a strong financial position with no going concern issues.