THE MCBAIN FAMILY FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds were maintained at a level sufficient to cover management and administration costs and respond to emergency grant applications. The charity reported a net income increase for the year, resulting in a fund balance carried forward of £1,140,915, up from £301,858 in the previous year. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- ALASTAIR MCBAINchair
- NATALIA VALEREVNA MCBAIN
- OLIVER JAMES MCBAIN
- Sophie McBain
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £830k | £250k |
| 31/01/2024 | £138k | £45k |
| 31/01/2023 | £1.2m | £481k |
| 31/01/2022 | £540k | £1.4m |
| 31/01/2021 | £813k | £52k |
Common questions
Is THE MCBAIN FAMILY FOUNDATION financially healthy?
The accounts state that unrestricted funds were maintained at a level sufficient to cover management and administration costs and respond to emergency grant applications. The charity reported a net income increase for the year, resulting in a fund balance carried forward of £1,140,915, up from £301,858 in the previous year. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by Jones Avens Limited.