MILLIE'S WATCH
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Latest income
£112k
Latest spending
£170k
Registered
2018
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £36,369 at the end of the period, a decrease from £78,260 in the prior year. The trustees maintain a policy of holding free reserves to cover future needs, contingencies, and risks, with no funds currently in deficit.
What the accounts disclose
Reserves policy: maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks (held: £36k)
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Ludlow Trust Company Limited is a corporate trustee. The accounts disclose payments to this entity for administration and cash management fees.
“Ludlow Trust Company Limited was paid £13,312 (2024: £16,669) for trust administration services and cash manage fees during the year under review. These fees are authorised under clause 6 of the trust deed.”
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Julie Ann Stretton
- Ludlow Trust Company Ltd
- Mary Elizabeth AYRES
- Rachel Hannah Elizabeth Harrod
- Rebecca Caroline Emma Ayres
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 06/08/2025 | £112k | £170k |
| 06/08/2024 | £164k | £147k |
| 06/08/2023 | £78k | £118k |
| 06/08/2022 | £101k | £86k |
| 06/08/2021 | £153k | £170k |
Common questions
Is MILLIE'S WATCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £36,369 at the end of the period, a decrease from £78,260 in the prior year. The trustees maintain a policy of holding free reserves to cover future needs, contingencies, and risks, with no funds currently in deficit. Its FY2025 accounts were independently examined.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MILLIE'S WATCH | £112k | — | 0 | unclear | — | no doubt |
| PAULINE MEREDITH CHARITABLE TRUST | £185k | — | 0 | unclear | — | no doubt |
| THE JOAN LYNETTE DALTON CHARITABLE TRUST | £120k | — | 0 | unclear | — | no doubt |
| Q CHARITABLE TRUST | £760k | — | 0 | below | — | no doubt |
| THE THOMPSON6 CHARITABLE TRUST | £99k | — | 0 | unclear | — | no doubt |
| WHEELER MILL FOUNDATION | £118k | — | 0 | unclear | — | no doubt |