MASON YARDLEY TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £457,738 and a total deficit for the year of £451,202, driven by the closure of Alexandra House and an exceptional provision for rent overcharging. Despite the deficit, the charity holds unrestricted revenue reserves of £5,227,674 and maintains a policy of accumulating reserves for specific funds including a contingency fund of £1,038,296. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The highest paid executive received remuneration of £89,572.” — page 31
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 2” — page 31
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alethea Cassandra Balbuena
- CLLR KENNETH IAN MEESON
- Councillor Deborah Harries
- Edward Grant Fifield
- Edward James Rutledge
- GARETH RAYMOND MOORE
- Hitesh Champaneri
- JONATHAN DAVID PYKE
- Kallum Chumber
- RACHEL CHIU
- Rajna Begum
- Rev Lydia Madelaine Gaston
- Rev Nejib Boumenjel
- Rev Tammy Elizabeth Tearoe
- Rev Toby Nicholas Crowe
- Tanvi Joshi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.2m | £4.1m |
| 31/03/2024 | £3.6m | £4.0m |
| 31/03/2023 | £3.5m | £3.6m |
| 31/03/2022 | £3.3m | £3.0m |
| 31/03/2021 | £3.3m | £2.8m |
Common questions
Is MASON YARDLEY TRUST financially healthy?
The accounts state that the charity reported an operating deficit of £457,738 and a total deficit for the year of £451,202, driven by the closure of Alexandra House and an exceptional provision for rent overcharging. Despite the deficit, the charity holds unrestricted revenue reserves of £5,227,674 and maintains a policy of accumulating reserves for specific funds including a contingency fund of £1,038,296. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Dains Audit Ltd.
What does the highest-paid employee of MASON YARDLEY TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 2 employees earned over £60,000.